SPYD vs. FRI ETF Comparison

Comparison of SPDR S&P 500 High Dividend ETF (SPYD) to First Trust S&P REIT Index Fund (FRI)

SPYD

SPDR S&P 500 High Dividend ETF

SPYD Description

The investment seeks to track the performance of the S&P 500 High Dividend Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the top 80 dividend-paying securities listed on the S&P 500® Index, based on dividend yield. The S&P 500 Index focuses on the large capitalization U.S. equity market, including common stock and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.73

Average Daily Volume

872,814

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

$29.55

Average Daily Volume

83,789

Number of Holdings ^*

128

* may have additional holdings in another (foreign) market

Performance

Period	SPYD	FRI
30 Days	2.04%	-0.07%
60 Days	2.97%	-1.01%
90 Days	5.83%	2.97%
12 Months	36.63%	27.46%

18 Overlapping Holdings

Symbol	Grade	Weight in SPYD	Weight in FRI	Overlap
ARE	D	1.05%	1.42%	1.05%
BXP	D	1.34%	0.97%	0.97%
CPT	B	1.21%	1.08%	1.08%
DOC	D	1.15%	1.26%	1.15%
EQR	B	1.2%	2.1%	1.2%
ESS	B	1.21%	1.63%	1.21%
EXR	D	1.16%	2.91%	1.16%
FRT	B	1.21%	0.72%	0.72%
HST	C	1.15%	1.03%	1.03%
KIM	A	1.36%	1.4%	1.36%
MAA	B	1.26%	1.55%	1.26%
O	D	1.13%	4.11%	1.13%
PSA	D	1.3%	4.39%	1.3%
REG	B	1.3%	1.01%	1.01%
SPG	B	1.38%	4.6%	1.38%
UDR	B	1.22%	1.12%	1.12%
VICI	C	1.2%	2.76%	1.2%
VTR	C	1.36%	2.21%	1.36%

SPYD Overweight 62 Positions Relative to FRI

Symbol	Grade	Weight
K	A	1.61%
OKE	A	1.53%
WMB	A	1.52%
ETR	B	1.52%
KVUE	A	1.5%
MS	A	1.5%
KMI	A	1.48%
BMY	B	1.44%
MTB	A	1.43%
IP	B	1.42%
XEL	A	1.41%
KEY	B	1.39%
GILD	C	1.38%
HBAN	A	1.36%
RF	A	1.36%
T	A	1.35%
PNC	B	1.34%
WEC	A	1.34%
PM	B	1.32%
FITB	A	1.31%
EVRG	A	1.3%
MO	A	1.29%
USB	A	1.28%
CFG	B	1.27%
IBM	C	1.27%
PNW	B	1.26%
EIX	B	1.26%
D	C	1.26%
VTRS	A	1.25%
EXC	C	1.23%
SO	D	1.22%
TFC	A	1.22%
IVZ	B	1.22%
BBY	D	1.21%
HAS	D	1.2%
VZ	C	1.2%
TROW	B	1.19%
CVX	A	1.19%
UPS	C	1.19%
PRU	A	1.18%
DUK	C	1.18%
FE	C	1.17%
AMCR	D	1.16%
AEP	D	1.16%
CCI	D	1.13%
SWK	D	1.13%
ES	D	1.12%
GIS	D	1.1%
FMC	D	1.09%
KHC	F	1.08%
BEN	C	1.08%
ABBV	D	1.07%
SJM	D	1.05%
IPG	D	1.05%
CVS	D	1.04%
CAG	D	1.02%
LYB	F	0.99%
DOW	F	0.94%
PFE	D	0.94%
F	C	0.92%
AES	F	0.92%
WBA	F	0.87%

SPYD Underweight 110 Positions Relative to FRI

Symbol	Grade	Weight
PLD	D	-8.93%
EQIX	A	-7.17%
WELL	A	-6.54%
DLR	B	-4.61%
IRM	D	-2.79%
AVB	B	-2.72%
INVH	D	-1.61%
SUI	D	-1.22%
GLPI	C	-1.12%
ELS	C	-1.12%
WPC	D	-1.01%
AMH	D	-0.99%
LAMR	D	-0.94%
CUBE	D	-0.91%
OHI	C	-0.86%
REXR	F	-0.77%
BRX	A	-0.73%
EGP	F	-0.7%
NNN	D	-0.65%
ADC	B	-0.64%
VNO	B	-0.58%
FR	C	-0.58%
RHP	B	-0.57%
STAG	F	-0.55%
KRG	B	-0.5%
TRNO	F	-0.5%
COLD	D	-0.48%
EPRT	B	-0.48%
CTRE	D	-0.42%
SLG	B	-0.41%
PECO	A	-0.4%
CUZ	B	-0.39%
IRT	A	-0.39%
SBRA	C	-0.36%
MAC	B	-0.35%
KRC	C	-0.35%
SKT	B	-0.33%
APLE	B	-0.29%
EPR	D	-0.28%
NHI	D	-0.28%
HIW	D	-0.28%
CDP	C	-0.28%
BNL	D	-0.27%
PK	B	-0.26%
DEI	B	-0.26%
IIPR	D	-0.25%
NSA	D	-0.25%
LXP	D	-0.23%
UE	C	-0.23%
MPW	F	-0.22%
OUT	A	-0.22%
AKR	B	-0.22%
FCPT	C	-0.22%
ROIC	A	-0.19%
IVT	B	-0.19%
EQC	B	-0.18%
SHO	C	-0.17%
DRH	B	-0.16%
LTC	B	-0.14%
XHR	B	-0.13%
GTY	B	-0.13%
ALEX	C	-0.12%
ESRT	C	-0.12%
GNL	F	-0.12%
ELME	D	-0.12%
VRE	B	-0.12%
PEB	D	-0.12%
RLJ	C	-0.12%
AAT	B	-0.11%
JBGS	D	-0.11%
UNIT	B	-0.11%
UMH	C	-0.11%
PDM	D	-0.1%
NTST	D	-0.1%
DEA	D	-0.1%
AIV	C	-0.09%
CSR	B	-0.09%
BDN	C	-0.08%
PGRE	F	-0.08%
NXRT	B	-0.08%
INN	D	-0.06%
GOOD	B	-0.06%
PLYM	F	-0.06%
AHH	D	-0.06%
HPP	F	-0.05%
WSR	A	-0.05%
OLP	B	-0.04%
CLDT	B	-0.04%
ALX	D	-0.04%
SVC	F	-0.04%
CHCT	C	-0.04%
PKST	D	-0.04%
BFS	C	-0.04%
FPI	B	-0.04%
UHT	D	-0.04%
GMRE	F	-0.04%
DHC	F	-0.04%
PSTL	D	-0.03%
CBL	A	-0.03%
CTO	B	-0.03%
LAND	F	-0.03%
CIO	D	-0.02%
NXDT	D	-0.02%
PINE	C	-0.02%
BHR	B	-0.02%
BRT	B	-0.02%
ILPT	D	-0.02%
OPI	F	-0.01%
MDV	D	-0.01%
FSP	C	-0.01%