RWR vs. FRI ETF Comparison

Comparison of SPDR DJ Wilshire REIT ETF (RWR) to First Trust S&P REIT Index Fund (FRI)

RWR

SPDR DJ Wilshire REIT ETF

RWR Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index. In seeking to track the performance of the Dow Jones U.S. Select REIT Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to provide a measure of real estate securities that serve as proxies for direct real estate investing, in part by excluding securities whose value is not always closely tied to the value of the underlying real estate. It is non-diversified.

Grade (RS Rating)

Last Trade

$87.89

Average Daily Volume

285,177

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$24.27

Average Daily Volume

25,413

Number of Holdings ^*

126

* may have additional holdings in another (foreign) market

Performance

Period	RWR	FRI
30 Days	-3.26%	-3.15%
60 Days	-4.53%	-4.49%
90 Days	-4.39%	-4.23%
12 Months	5.76%	5.51%

97 Overlapping Holdings

Symbol	Grade	Weight in RWR	Weight in FRI	Overlap
AAT	B	0.11%	0.11%	0.11%
ADC	B	0.62%	0.58%	0.58%
AIRC	A	0.59%	0.56%	0.56%
AIV	A	0.12%	0.11%	0.11%
AKR	A	0.19%	0.18%	0.18%
AMH	B	1.25%	1.15%	1.15%
APLE	D	0.36%	0.33%	0.33%
ARE	D	2.03%	1.89%	1.89%
AVB	A	2.95%	2.69%	2.69%
BDN	A	0.07%	0.08%	0.07%
BNL	D	0.3%	0.28%	0.28%
BRX	C	0.72%	0.66%	0.66%
BXP	C	0.97%	0.9%	0.9%
CHCT	D	0.06%	0.06%	0.06%
CLDT	F	0.05%	0.05%	0.05%
COLD	F	0.66%	0.62%	0.62%
CPT	A	1.14%	1.06%	1.06%
CSR	A	0.1%	0.1%	0.1%
CTRE	A	0.34%	0.31%	0.31%
CUBE	D	1.04%	0.96%	0.96%
CUZ	B	0.37%	0.34%	0.34%
DEA	B	0.1%	0.11%	0.1%
DEI	B	0.24%	0.23%	0.23%
DHC	F	0.06%	0.05%	0.05%
DLR	B	4.48%	4.17%	4.17%
DOC	A	1.39%	1.31%	1.31%
DRH	C	0.21%	0.19%	0.19%
EGP	F	0.86%	0.79%	0.79%
ELS	F	1.29%	1.19%	1.19%
EPR	D	0.34%	0.31%	0.31%
EPRT	A	0.46%	0.41%	0.41%
EQC	F	0.22%	0.2%	0.2%
EQIX	D	7.48%	7.19%	7.19%
EQR	A	2.4%	2.19%	2.19%
ESRT	D	0.14%	0.12%	0.12%
ESS	A	1.7%	1.56%	1.56%
EXR	D	3.05%	2.84%	2.84%
FCPT	C	0.23%	0.21%	0.21%
FR	D	0.67%	0.61%	0.61%
FRT	A	0.83%	0.75%	0.75%
GMRE	F	0.05%	0.05%	0.05%
GNL	D	0.13%	0.14%	0.13%
GTY	B	0.14%	0.14%	0.14%
HIW	A	0.28%	0.26%	0.26%
HPP	F	0.08%	0.08%	0.08%
HST	D	1.47%	1.36%	1.36%
IIPR	B	0.3%	0.27%	0.27%
INN	D	0.07%	0.07%	0.07%
INVH	B	2.16%	1.97%	1.97%
IRT	B	0.39%	0.36%	0.36%
JBGS	D	0.14%	0.13%	0.13%
KIM	D	1.36%	1.26%	1.26%
KRC	D	0.39%	0.36%	0.36%
KRG	B	0.52%	0.48%	0.48%
LXP	D	0.28%	0.26%	0.26%
MAA	D	1.62%	1.51%	1.51%
MAC	D	0.37%	0.34%	0.34%
MPW	B	0.29%	0.27%	0.27%
NHI	A	0.3%	0.27%	0.27%
NNN	C	0.82%	0.75%	0.75%
NSA	D	0.29%	0.28%	0.28%
NTST	C	0.12%	0.12%	0.12%
NXRT	A	0.07%	0.08%	0.07%
O	A	4.87%	4.5%	4.5%
OHI	C	0.81%	0.75%	0.75%
OPI	F	0.01%	0.01%	0.01%
PDM	A	0.08%	0.08%	0.08%
PEB	C	0.2%	0.18%	0.18%
PECO	D	0.45%	0.41%	0.41%
PGRE	B	0.08%	0.08%	0.08%
PK	C	0.37%	0.35%	0.35%
PLD	F	10.27%	9.75%	9.75%
PLYM	D	0.09%	0.08%	0.08%
PSA	D	4.53%	4.2%	4.2%
REG	D	1.09%	0.99%	0.99%
REXR	F	0.99%	0.92%	0.92%
RHP	D	0.71%	0.65%	0.65%
RLJ	D	0.19%	0.18%	0.18%
ROIC	D	0.17%	0.16%	0.16%
SHO	D	0.24%	0.22%	0.22%
SITC	C	0.27%	0.25%	0.25%
SKT	B	0.33%	0.3%	0.3%
SLG	A	0.36%	0.33%	0.33%
SPG	C	4.9%	4.59%	4.59%
STAG	D	0.72%	0.65%	0.65%
SUI	D	1.62%	1.49%	1.49%
SVC	D	0.1%	0.1%	0.1%
TRNO	D	0.53%	0.52%	0.52%
UDR	A	1.23%	1.14%	1.14%
UE	C	0.22%	0.2%	0.2%
UHT	D	0.04%	0.04%	0.04%
UMH	B	0.1%	0.1%	0.1%
VNO	C	0.47%	0.43%	0.43%
VTR	C	1.91%	1.76%	1.76%
WELL	A	5.12%	4.86%	4.86%
WPC	C	1.33%	1.25%	1.25%
XHR	D	0.17%	0.15%	0.15%

RWR Overweight 0 Positions Relative to FRI

	Symbol	Grade	Weight

RWR Underweight 29 Positions Relative to FRI

Symbol	Grade	Weight
VICI	D	-2.94%
IRM	B	-2.25%
GLPI	F	-1.16%
SBRA	C	-0.32%
IVT	B	-0.17%
UNIT	C	-0.13%
LTC	A	-0.13%
ALEX	F	-0.12%
AHH	C	-0.07%
ALX	C	-0.05%
BFS	D	-0.05%
FPI	D	-0.05%
PKST	F	-0.05%
GOOD	A	-0.05%
WSR	C	-0.05%
CBL	D	-0.05%
CTO	A	-0.04%
OLP	A	-0.04%
LAND	F	-0.04%
PSTL	D	-0.03%
FSP	D	-0.02%
CIO	B	-0.02%
PINE	D	-0.02%
BRT	A	-0.02%
ILPT	D	-0.02%
NXDT	F	-0.02%
CLPR	F	-0.01%
BHR	A	-0.01%
AHT	F	-0.0%