FRI vs. VNQ ETF Comparison

Comparison of First Trust S&P REIT Index Fund (FRI) to Vanguard REIT ETF - DNQ (VNQ)

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

$24.62

Average Daily Volume

26,223

Number of Holdings ^*

126

* may have additional holdings in another (foreign) market

VNQ

Vanguard REIT ETF - DNQ

VNQ Description

The investment seeks to provide a high level of income and moderate long-term capital appreciation by tracking the performance of a benchmark index that measures the performance of publicly traded equity REITs. The fund employs an indexing investment approach designed to track the performance of the MSCI US REIT Index. The index is composed of stocks of publicly traded equity real estate investment trusts (known as REITs). The fund attempts to replicate the index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$81.30

Average Daily Volume

4,766,024

Number of Holdings ^*

145

* may have additional holdings in another (foreign) market

Performance

Period	FRI	VNQ
30 Days	-2.34%	-3.27%
60 Days	-5.27%	-6.16%
90 Days	-2.24%	-2.79%
12 Months	4.61%	3.83%

119 Overlapping Holdings

Symbol	Grade	Weight in FRI	Weight in VNQ	Overlap
AAT	B	0.11%	0.07%	0.07%
ADC	B	0.58%	0.36%	0.36%
AHH	C	0.07%	0.04%	0.04%
AIRC	A	0.55%	0.3%	0.3%
AIV	B	0.11%	0.07%	0.07%
AKR	B	0.18%	0.11%	0.11%
ALEX	C	0.12%	0.08%	0.08%
ALX	C	0.04%	0.03%	0.03%
AMH	D	1.15%	0.76%	0.76%
APLE	F	0.32%	0.23%	0.23%
ARE	D	1.88%	1.35%	1.35%
AVB	A	2.71%	1.67%	1.67%
BDN	B	0.08%	0.05%	0.05%
BFS	F	0.05%	0.03%	0.03%
BNL	C	0.27%	0.19%	0.19%
BRX	C	0.67%	0.45%	0.45%
BXP	F	0.91%	0.62%	0.62%
CBL	F	0.05%	0.02%	0.02%
CHCT	F	0.06%	0.04%	0.04%
CIO	B	0.02%	0.01%	0.01%
CLDT	F	0.05%	0.03%	0.03%
COLD	F	0.6%	0.45%	0.45%
CPT	A	1.07%	0.66%	0.66%
CSR	A	0.1%	0.05%	0.05%
CTRE	B	0.32%	0.18%	0.18%
CUBE	D	0.93%	0.64%	0.64%
CUZ	A	0.35%	0.23%	0.23%
DEA	C	0.11%	0.07%	0.07%
DEI	B	0.23%	0.15%	0.15%
DHC	C	0.05%	0.03%	0.03%
DLR	B	4.31%	2.67%	2.67%
DOC	A	1.34%	0.84%	0.84%
DRH	D	0.19%	0.13%	0.13%
EGP	F	0.75%	0.53%	0.53%
ELS	D	1.13%	0.72%	0.72%
EPR	D	0.31%	0.2%	0.2%
EPRT	A	0.41%	0.26%	0.26%
EQC	D	0.2%	0.13%	0.13%
EQIX	F	6.82%	4.9%	4.9%
EQR	A	2.25%	1.44%	1.44%
ESRT	D	0.12%	0.09%	0.09%
ESS	A	1.59%	0.99%	0.99%
EXR	C	2.9%	1.96%	1.96%
FCPT	C	0.21%	0.14%	0.14%
FPI	B	0.05%	0.03%	0.03%
FR	D	0.62%	0.44%	0.44%
FRT	B	0.76%	0.47%	0.47%
FSP	F	0.02%	0.01%	0.01%
GLPI	F	1.15%	0.78%	0.78%
GMRE	D	0.05%	0.03%	0.03%
GNL	D	0.14%	0.1%	0.1%
GOOD	A	0.05%	0.03%	0.03%
GTY	C	0.13%	0.09%	0.09%
HIW	A	0.28%	0.18%	0.18%
HPP	F	0.08%	0.05%	0.05%
HST	D	1.35%	0.92%	0.92%
IIPR	A	0.28%	0.18%	0.18%
ILPT	C	0.02%	0.02%	0.02%
INN	D	0.07%	0.04%	0.04%
INVH	B	1.99%	1.38%	1.38%
IRM	D	2.28%	1.48%	1.48%
IRT	B	0.36%	0.23%	0.23%
IVT	B	0.17%	0.11%	0.11%
JBGS	F	0.13%	0.09%	0.09%
KIM	C	1.25%	0.84%	0.84%
KRC	D	0.37%	0.26%	0.26%
KRG	C	0.48%	0.3%	0.3%
LAND	D	0.04%	0.03%	0.03%
LTC	A	0.13%	0.09%	0.09%
LXP	D	0.25%	0.17%	0.17%
MAA	B	1.53%	0.97%	0.97%
MAC	D	0.35%	0.23%	0.23%
MPW	C	0.29%	0.18%	0.18%
NHI	A	0.27%	0.17%	0.17%
NNN	A	0.74%	0.49%	0.49%
NSA	D	0.27%	0.2%	0.2%
NTST	C	0.12%	0.08%	0.08%
NXDT	F	0.02%	0.01%	0.01%
NXRT	B	0.08%	0.05%	0.05%
O	B	4.52%	2.84%	2.84%
OHI	A	0.76%	0.49%	0.49%
OLP	A	0.04%	0.02%	0.02%
OPI	C	0.01%	0.01%	0.01%
PDM	B	0.09%	0.06%	0.06%
PEB	F	0.18%	0.12%	0.12%
PECO	D	0.4%	0.27%	0.27%
PGRE	B	0.08%	0.05%	0.05%
PK	D	0.35%	0.23%	0.23%
PKST	F	0.05%	0.04%	0.04%
PLD	D	9.7%	7.61%	7.61%
PLYM	F	0.08%	0.06%	0.06%
PSA	D	4.16%	2.9%	2.9%
REG	F	0.97%	0.67%	0.67%
REXR	D	0.91%	0.67%	0.67%
RHP	D	0.64%	0.41%	0.41%
RLJ	D	0.17%	0.12%	0.12%
ROIC	D	0.16%	0.1%	0.1%
SBRA	B	0.33%	0.22%	0.22%
SHO	D	0.21%	0.14%	0.14%
SITC	C	0.25%	0.17%	0.17%
SKT	D	0.31%	0.2%	0.2%
SLG	B	0.33%	0.22%	0.22%
SPG	D	4.61%	3.23%	3.23%
STAG	D	0.63%	0.44%	0.44%
SUI	F	1.5%	1.01%	1.01%
SVC	F	0.1%	0.07%	0.07%
TRNO	D	0.51%	0.36%	0.36%
UDR	B	1.16%	0.74%	0.74%
UE	B	0.2%	0.13%	0.13%
UHT	D	0.05%	0.03%	0.03%
UMH	C	0.1%	0.06%	0.06%
UNIT	F	0.14%	0.09%	0.09%
VICI	D	3.01%	1.79%	1.79%
VNO	D	0.43%	0.29%	0.29%
VTR	B	1.8%	1.11%	1.11%
WELL	A	5.01%	3.16%	3.16%
WPC	C	1.22%	0.78%	0.78%
WSR	D	0.05%	0.04%	0.04%
XHR	B	0.15%	0.1%	0.1%

FRI Overweight 7 Positions Relative to VNQ

Symbol	Grade	Weight
CTO	B	0.04%
PSTL	D	0.03%
BHR	B	0.02%
PINE	F	0.02%
BRT	B	0.02%
CLPR	F	0.01%
AHT	F	0.0%

FRI Underweight 26 Positions Relative to VNQ

Symbol	Grade	Weight
AMT	D	-5.82%
CCI	D	-2.9%
CSGP	C	-2.49%
CBRE	D	-1.87%
WY	D	-1.66%
SBAC	F	-1.47%
LAMR	B	-0.66%
JLL	C	-0.59%
Z	F	-0.47%
RYN	F	-0.3%
PCH	D	-0.24%
DBRG	F	-0.2%
ZG	F	-0.17%
OUT	D	-0.15%
JOE	B	-0.13%
CWK	C	-0.12%
NMRK	D	-0.1%
OPEN	F	-0.1%
COMP	D	-0.08%
KW	C	-0.06%
EXPI	D	-0.05%
FOR	D	-0.05%
MMI	D	-0.05%
RDFN	D	-0.04%
SRG	D	-0.02%
RMR	B	-0.02%