FRI vs. TBG ETF Comparison

Comparison of First Trust S&P REIT Index Fund (FRI) to TBG Dividend Focus ETF (TBG)

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

$25.42

Average Daily Volume

25,245

Number of Holdings ^*

126

* may have additional holdings in another (foreign) market

TBG

TBG Dividend Focus ETF

TBG Description

The fund seeks to achieve its investment objective by investing in equity securities of small-, mid- and large- capitalization companies that the sub-adviser believes have the potential to grow their dividends over time. The fund will invest primarily in companies that have operations in and/or domiciled in the U.S. and that trade on U.S. stock exchanges. In addition, the fund may invest in real estate investment trusts (REITs) and master limited partnerships (MLPs).

Grade (RS Rating)

Last Trade

$29.35

Average Daily Volume

11,012

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FRI	TBG
30 Days	2.87%	3.60%
60 Days	0.29%	3.35%
90 Days	2.19%	6.40%
12 Months	7.73%

1 Overlapping Holdings

	Symbol	Grade	Weight in FRI	Weight in TBG	Overlap
	SPG	C	4.68%	4.18%	4.18%

FRI Overweight 125 Positions Relative to TBG

Symbol	Grade	Weight
PLD	F	9.73%
EQIX	C	6.47%
WELL	B	5.12%
O	C	4.53%
PSA	C	4.24%
DLR	C	4.23%
VICI	B	3.01%
EXR	B	2.96%
AVB	A	2.75%
IRM	B	2.27%
EQR	A	2.27%
INVH	B	1.99%
VTR	B	1.9%
ARE	C	1.85%
ESS	A	1.63%
MAA	C	1.54%
SUI	D	1.45%
DOC	A	1.35%
HST	D	1.28%
KIM	C	1.25%
WPC	C	1.24%
GLPI	D	1.17%
ELS	F	1.16%
UDR	B	1.15%
AMH	C	1.14%
CPT	B	1.11%
REG	D	0.96%
REXR	F	0.94%
CUBE	D	0.93%
BXP	C	0.86%
EGP	D	0.77%
NNN	A	0.76%
FRT	C	0.75%
OHI	C	0.75%
BRX	C	0.66%
STAG	D	0.63%
RHP	D	0.62%
FR	D	0.62%
COLD	D	0.61%
ADC	B	0.58%
AIRC	A	0.55%
TRNO	D	0.5%
KRG	D	0.46%
EPRT	B	0.42%
PECO	F	0.4%
VNO	D	0.38%
IRT	B	0.37%
KRC	C	0.36%
CUZ	B	0.36%
MAC	C	0.34%
SBRA	B	0.34%
SLG	B	0.33%
PK	D	0.33%
CTRE	B	0.32%
EPR	B	0.31%
APLE	F	0.31%
SKT	C	0.3%
IIPR	B	0.3%
HIW	A	0.28%
NSA	C	0.28%
BNL	C	0.28%
NHI	A	0.28%
MPW	C	0.27%
SITC	C	0.25%
LXP	D	0.25%
DEI	B	0.23%
FCPT	B	0.22%
SHO	D	0.21%
UE	B	0.2%
EQC	B	0.2%
DRH	F	0.18%
IVT	C	0.17%
PEB	D	0.17%
AKR	B	0.17%
ROIC	D	0.16%
RLJ	F	0.16%
XHR	C	0.15%
GTY	C	0.14%
LTC	A	0.14%
GNL	C	0.14%
JBGS	D	0.13%
NTST	B	0.12%
ALEX	C	0.12%
ESRT	C	0.12%
AAT	B	0.11%
AIV	B	0.11%
DEA	C	0.11%
UMH	B	0.1%
CSR	B	0.1%
UNIT	F	0.09%
SVC	F	0.09%
PGRE	C	0.08%
BDN	C	0.08%
NXRT	C	0.08%
PDM	B	0.08%
HPP	F	0.07%
AHH	B	0.07%
PLYM	D	0.07%
WSR	B	0.06%
GOOD	B	0.06%
CHCT	F	0.06%
INN	F	0.06%
BFS	C	0.05%
UHT	C	0.05%
FPI	C	0.05%
DHC	C	0.05%
PKST	D	0.05%
ALX	C	0.05%
GMRE	C	0.05%
CBL	D	0.05%
CTO	B	0.04%
OLP	B	0.04%
CLDT	F	0.04%
LAND	C	0.04%
PSTL	D	0.03%
FSP	F	0.02%
CIO	C	0.02%
PINE	B	0.02%
NXDT	F	0.02%
BRT	C	0.02%
ILPT	C	0.02%
CLPR	F	0.01%
OPI	D	0.01%
BHR	C	0.01%
AHT	D	0.0%

FRI Underweight 8 Positions Relative to TBG

Symbol	Grade	Weight
ET	B	-4.31%
EPD	B	-4.0%
IBM	D	-3.96%
CVX	B	-3.92%
VZ	C	-3.88%
CSCO	D	-3.85%
AEP	B	-3.79%
MRK	C	-3.65%