FRI vs. NBGR ETF Comparison

Comparison of First Trust S&P REIT Index Fund (FRI) to Neuberger Berman Global Real Estate ETF (NBGR)

FRI

First Trust S&P REIT Index Fund

FRI Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the S&P United States REIT Index. The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a subset of the S&P Developed REIT Index, which measures the performance of more than 200 REITs or REIT-like structures in 15 developed markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.48

Average Daily Volume

89,918

Number of Holdings ^*

128

* may have additional holdings in another (foreign) market

NBGR

Neuberger Berman Global Real Estate ETF

NBGR Description

The fund normally invests at least 80% of its net assets in U.S. and non-U.S. equity securities issued by real estate investment trusts and common stocks and other securities issued by other real estate companies, including rights and warrants, and convertible and preferred securities. It defines a real estate company as one that derives at least 50% of its revenue or profits from real estate or has at least 50% of its assets invested in real estate.

Grade (RS Rating)

Last Trade

$28.09

Average Daily Volume

973

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FRI	NBGR
30 Days	-2.80%	-5.90%
60 Days	-1.67%	-3.31%
90 Days	3.76%	1.73%
12 Months	27.72%	19.39%

29 Overlapping Holdings

Symbol	Grade	Weight in FRI	Weight in NBGR	Overlap
AMH	F	1.01%	0.6%	0.6%
AVB	C	2.67%	3.04%	2.67%
BXP	C	1.03%	0.83%	0.83%
CPT	D	1.05%	1.16%	1.05%
DLR	A	4.18%	1.24%	1.24%
ELS	D	1.08%	1.02%	1.02%
EPRT	C	0.49%	1.29%	0.49%
EQIX	B	6.93%	4.54%	4.54%
EXR	D	2.93%	1.46%	1.46%
FRT	D	0.7%	1.06%	0.7%
GLPI	D	1.14%	1.16%	1.14%
HPP	F	0.05%	0.81%	0.05%
INVH	F	1.62%	1.05%	1.05%
IRM	B	3.02%	3.16%	3.02%
KIM	B	1.32%	1.13%	1.13%
KRC	B	0.36%	0.97%	0.36%
MAC	B	0.32%	0.93%	0.32%
O	D	4.58%	1.58%	1.58%
OHI	B	0.88%	1.08%	0.88%
PLD	F	9.16%	5.42%	5.42%
PSA	D	4.38%	2.82%	2.82%
REXR	F	0.81%	0.88%	0.81%
ROIC	B	0.17%	0.47%	0.17%
SPG	C	4.36%	2.81%	2.81%
SUI	D	1.33%	2.58%	1.33%
UDR	D	1.1%	1.47%	1.1%
VICI	D	2.82%	1.14%	1.14%
VTR	B	2.23%	2.17%	2.17%
WELL	A	6.24%	3.06%	3.06%

FRI Overweight 99 Positions Relative to NBGR

Symbol	Grade	Weight
EQR	D	2.12%
ESS	D	1.58%
ARE	F	1.53%
MAA	D	1.5%
DOC	C	1.33%
WPC	F	1.06%
HST	D	1.0%
LAMR	B	0.98%
REG	D	0.97%
CUBE	D	0.91%
NNN	D	0.73%
EGP	D	0.72%
BRX	C	0.69%
ADC	C	0.63%
FR	D	0.6%
VNO	B	0.58%
COLD	F	0.57%
STAG	D	0.57%
RHP	B	0.52%
TRNO	F	0.5%
KRG	D	0.47%
SLG	B	0.4%
CUZ	B	0.39%
CTRE	A	0.39%
IRT	D	0.37%
PECO	B	0.37%
SBRA	B	0.36%
SKT	B	0.31%
IIPR	C	0.31%
HIW	C	0.31%
EPR	D	0.29%
CDP	B	0.29%
BNL	D	0.28%
APLE	C	0.27%
NHI	C	0.27%
NSA	D	0.25%
DEI	B	0.25%
MPW	D	0.23%
PK	F	0.23%
LXP	D	0.23%
UE	B	0.22%
FCPT	D	0.22%
AKR	B	0.21%
OUT	C	0.21%
IVT	A	0.18%
SHO	D	0.17%
EQC	C	0.17%
DRH	D	0.15%
ELME	D	0.13%
LTC	A	0.13%
JBGS	C	0.13%
GNL	D	0.13%
GTY	C	0.13%
VRE	D	0.12%
PEB	F	0.12%
XHR	C	0.12%
ESRT	C	0.12%
AAT	C	0.11%
UMH	D	0.11%
ALEX	C	0.11%
PDM	C	0.11%
DEA	C	0.11%
UNIT	C	0.11%
RLJ	F	0.11%
NTST	F	0.1%
CSR	D	0.09%
AIV	D	0.09%
BDN	C	0.08%
PGRE	C	0.08%
NXRT	D	0.08%
PLYM	F	0.07%
GOOD	C	0.06%
DHC	D	0.06%
AHH	D	0.06%
GMRE	D	0.05%
SVC	F	0.05%
WSR	B	0.05%
INN	F	0.05%
LAND	F	0.04%
FPI	A	0.04%
BFS	D	0.04%
ALX	D	0.04%
PKST	F	0.04%
UHT	D	0.04%
PSTL	C	0.03%
CBL	B	0.03%
CTO	B	0.03%
CLDT	F	0.03%
CHCT	B	0.03%
OLP	C	0.03%
NXDT	D	0.02%
BRT	F	0.02%
PINE	D	0.02%
CIO	D	0.02%
ILPT	F	0.02%
OPI	F	0.01%
FSP	A	0.01%
MDV	B	0.01%
BHR	D	0.01%

FRI Underweight 4 Positions Relative to NBGR

Symbol	Grade	Weight
AMT	D	-4.73%
SBAC	D	-2.1%
WY	D	-1.28%
CCI	D	-1.26%