FRI vs PPTY
First Trust S&P REIT Index Fund against U.S. Diversified Real Estate ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
52%
79 shared positions
Fee gap
3 bp
FRI is cheaper
1-year return gap
3.1 pts
FRI is ahead
Larger fund
FRI
$183M
Side by side
| FRI | PPTY | |
|---|---|---|
| Fund | First Trust S&P REIT Index Fund | U.S. Diversified Real Estate ETF |
| Issuer | First Trust | U.S. Diversified |
| Category | Real Estate | Real Estate |
| Expense ratio | 0.50% | 0.53% |
| Assets | $183M | $24M |
| Average daily dollar volume | $1.2M | $61K |
| Listed | May 8, 2007 | Mar 26, 2018 |
| FrenzyCap score | 42 | 30 |
| 1-month return | −4.1% | −2.9% |
| 3-month return | −8.0% | −8.8% |
| Year to date | +8.0% | +4.8% |
| 1-year return | +6.5% | +3.4% |
| 30-day volatility | 9.9% | 9.9% |
| Worst drawdown, 1 year | −12.7% | −11.8% |
| Trailing 12-month yield | 2.71% | 2.71% |
| Holdings | 132 | 87 |
| Top 10 weight | 52.0% | 34.3% |
| Look-through P/E | 35.1 | 33.2 |
| Holdings vs fair value | +12.2% | +12.5% |
| Holdings above 200-day average | 29% | 28% |
| Net flow, latest 3 reported months | +$7.6M thru Jun 2026 | −$1.6M thru May 2026 |
| 30-day implied volatility | 21.2% | — |
| Holdings as of | as of Mar 31, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
86% of FRI · 93% of PPTY| Holding | FRI | PPTY |
|---|---|---|
| EQIX | 4.79% | 4.92% |
| PLD | 10.07% | 4.16% |
| DLR | 4.77% | 3.80% |
| WELL | 11.31% | 2.85% |
| SPG | 4.85% | 2.78% |
| AVB | 1.90% | 3.66% |
| EQR | 1.67% | 2.90% |
| ESS | 1.28% | 2.05% |
| KIM | 1.24% | 1.39% |
| WPC | 1.22% | 2.13% |
| VTR | 3.18% | 1.20% |
| MAA | 1.17% | 1.69% |
| REG | 1.02% | 1.60% |
| INVH | 1.15% | 0.94% |
| PSA | 3.51% | 0.93% |
| UDR | 0.83% | 1.91% |
| SUI | 1.20% | 0.83% |
| CPT | 0.83% | 1.47% |
| EGP | 0.81% | 1.66% |
| AMH | 0.75% | 2.24% |
| ADC | 0.74% | 0.83% |
| ELS | 0.99% | 0.73% |
| EXR | 2.28% | 0.70% |
| HST | 1.00% | 0.69% |
| FRT | 0.68% | 1.71% |
Sector mix of the stock holdings
| Sector | FRI | PPTY | Gap |
|---|---|---|---|
| Real Estate | 95.9% | 92.7% | +3.2% |
| Consumer Discretionary | 0.4% | 6.2% | −5.7% |
| Financials | 0.0% | 0.5% | −0.5% |
| Health Care | 0.0% | 0.4% | −0.4% |
More: full overlap table · FRI holdings · PPTY holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.