FRI vs. VRAI ETF Comparison

Comparison of First Trust S&P REIT Index Fund (FRI) to Virtus Real Asset Income ETF (VRAI)

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

$29.47

Average Daily Volume

62,858

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

VRAI

Virtus Real Asset Income ETF

VRAI Description

The investment seeks investment results that correspond the price and yield performance of the Indxx Real Asset Income Index (the "underlying index"). Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the underlying index. The underlying index is designed to track the performance of U.S.-listed "Real Asset" companies, as defined by Indxx, LLC, the index provider of the underlying index. The underlying index includes common stock, real estate investment trusts, master limited partnerships, American depositary receipts and global depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.53

Average Daily Volume

923

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FRI	VRAI
30 Days	2.71%	1.11%
60 Days	8.41%	3.32%
90 Days	15.15%	7.53%
12 Months	31.45%	17.75%

27 Overlapping Holdings

Symbol	Grade	Weight in FRI	Weight in VRAI	Overlap
AAT	C	0.1%	1.26%	0.1%
ADC	C	0.61%	1.24%	0.61%
APLE	C	0.28%	1.06%	0.28%
BNL	B	0.29%	1.23%	0.29%
BRX	C	0.68%	1.25%	0.68%
CPT	C	1.09%	1.16%	1.09%
CUBE	C	0.99%	1.2%	0.99%
EGP	C	0.74%	1.16%	0.74%
EPR	C	0.3%	1.21%	0.3%
EPRT	B	0.49%	1.28%	0.49%
EXR	C	3.13%	1.14%	1.14%
FR	C	0.6%	1.21%	0.6%
HST	D	1.08%	1.03%	1.03%
IIPR	B	0.31%	1.28%	0.31%
INVH	D	1.68%	1.01%	1.01%
IVT	D	0.16%	1.18%	0.16%
KIM	C	1.28%	1.24%	1.24%
MAA	C	1.55%	1.16%	1.16%
NSA	C	0.28%	1.14%	0.28%
OUT	B	0.21%	1.38%	0.21%
PSA	C	4.66%	1.25%	1.25%
REG	C	0.96%	1.18%	0.96%
REXR	C	0.92%	1.17%	0.92%
RHP	C	0.54%	1.13%	0.54%
ROIC	C	0.16%	1.29%	0.16%
SKT	B	0.29%	1.24%	0.29%
TRNO	D	0.54%	1.19%	0.54%

FRI Overweight 98 Positions Relative to VRAI

Symbol	Grade	Weight
PLD	C	9.5%
EQIX	B	6.81%
WELL	C	5.93%
O	B	4.39%
SPG	B	4.17%
DLR	B	3.99%
VICI	C	2.83%
IRM	C	2.77%
AVB	C	2.67%
EQR	C	2.14%
VTR	C	2.1%
ESS	C	1.61%
ARE	C	1.54%
SUI	C	1.35%
DOC	B	1.27%
GLPI	C	1.14%
UDR	C	1.12%
WPC	C	1.11%
ELS	D	1.09%
AMH	D	1.02%
LAMR	B	0.96%
BXP	C	0.96%
OHI	C	0.85%
NNN	B	0.72%
FRT	C	0.7%
COLD	D	0.61%
STAG	D	0.58%
VNO	B	0.53%
KRG	C	0.47%
SLG	C	0.38%
CTRE	C	0.38%
PECO	C	0.38%
IRT	C	0.38%
CUZ	C	0.37%
SBRA	C	0.36%
KRC	C	0.35%
MAC	B	0.31%
NHI	C	0.3%
HIW	C	0.29%
MPW	C	0.28%
PK	D	0.27%
DEI	B	0.24%
LXP	C	0.24%
FCPT	C	0.23%
UE	C	0.21%
AKR	B	0.2%
SHO	C	0.18%
EQC	D	0.17%
DRH	C	0.15%
GNL	D	0.14%
PEB	D	0.14%
XHR	B	0.13%
JBGS	C	0.13%
LTC	C	0.13%
GTY	C	0.13%
ALEX	C	0.12%
ESRT	C	0.12%
RLJ	D	0.12%
DEA	D	0.11%
UMH	C	0.11%
AIV	C	0.1%
PDM	C	0.1%
NTST	D	0.1%
UNIT	C	0.1%
CSR	D	0.09%
NXRT	D	0.08%
DHC	C	0.07%
AHH	D	0.07%
SVC	F	0.07%
PLYM	D	0.07%
BDN	C	0.07%
PGRE	D	0.07%
HPP	F	0.06%
INN	B	0.06%
UHT	C	0.05%
WSR	D	0.05%
GMRE	C	0.05%
GOOD	B	0.05%
OLP	C	0.04%
CLDT	D	0.04%
FPI	D	0.04%
LAND	D	0.04%
BFS	B	0.04%
ALX	B	0.04%
PKST	D	0.04%
PSTL	C	0.03%
CBL	D	0.03%
CTO	D	0.03%
CHCT	F	0.03%
BHR	C	0.02%
PINE	C	0.02%
BRT	D	0.02%
NXDT	D	0.02%
CIO	C	0.02%
ILPT	D	0.02%
OPI	F	0.01%
MDV	B	0.01%
FSP	D	0.01%

FRI Underweight 52 Positions Relative to VRAI

Symbol	Grade	Weight
CCOI	C	-1.46%
FDP	C	-1.36%
OGS	B	-1.24%
NI	B	-1.23%
KT	B	-1.22%
CCI	C	-1.22%
AMT	C	-1.22%
WEC	B	-1.22%
PNM	B	-1.21%
LNT	A	-1.2%
CMS	B	-1.2%
ORAN	C	-1.18%
CWEN	A	-1.18%
AEP	C	-1.17%
CIG	B	-1.17%
AVA	B	-1.16%
ES	B	-1.16%
GGB	C	-1.13%
GFI	C	-1.13%
NJR	C	-1.13%
SCCO	C	-1.12%
NRP	B	-1.11%
VALE	C	-1.07%
SPOK	C	-1.07%
PAGP	D	-1.06%
PBR	D	-1.06%
SID	D	-1.05%
PAA	D	-1.04%
ARLP	B	-1.04%
TS	D	-1.02%
ENIC	D	-1.01%
EOG	D	-1.01%
WES	D	-1.01%
HESM	D	-1.0%
NEP	C	-1.0%
SBSW	D	-0.99%
DMLP	D	-0.98%
KRP	C	-0.98%
SBR	D	-0.96%
BSM	D	-0.96%
COP	F	-0.94%
FANG	F	-0.9%
EQNR	F	-0.9%
CTRA	F	-0.88%
APA	F	-0.84%
DVN	F	-0.84%
OVV	F	-0.81%
BRY	F	-0.79%
PTEN	F	-0.77%
GPRK	F	-0.77%
EC	F	-0.74%
NFE	F	-0.42%