FRI vs. SPYD ETF Comparison

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

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

$29.36

Average Daily Volume

81,591

Number of Holdings ^*

128

* may have additional holdings in another (foreign) market

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

$46.40

Average Daily Volume

873,976

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FRI	SPYD
30 Days	0.21%	1.64%
60 Days	-0.40%	2.75%
90 Days	2.32%	5.09%
12 Months	26.65%	35.66%

18 Overlapping Holdings

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

FRI Overweight 110 Positions Relative to SPYD

Symbol	Grade	Weight
PLD	F	8.93%
EQIX	A	7.17%
WELL	A	6.54%
DLR	B	4.61%
IRM	C	2.79%
AVB	B	2.72%
INVH	D	1.61%
SUI	C	1.22%
GLPI	C	1.12%
ELS	C	1.12%
WPC	C	1.01%
AMH	C	0.99%
LAMR	C	0.94%
CUBE	C	0.91%
OHI	C	0.86%
REXR	F	0.77%
BRX	A	0.73%
EGP	D	0.7%
NNN	C	0.65%
ADC	A	0.64%
VNO	C	0.58%
FR	D	0.58%
RHP	B	0.57%
STAG	D	0.55%
KRG	B	0.5%
TRNO	F	0.5%
COLD	D	0.48%
EPRT	B	0.48%
CTRE	C	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	B	0.35%
SKT	A	0.33%
APLE	B	0.29%
EPR	C	0.28%
NHI	D	0.28%
HIW	C	0.28%
CDP	C	0.28%
BNL	D	0.27%
PK	C	0.26%
DEI	B	0.26%
IIPR	D	0.25%
NSA	C	0.25%
LXP	D	0.23%
UE	B	0.23%
MPW	F	0.22%
OUT	A	0.22%
AKR	B	0.22%
FCPT	C	0.22%
ROIC	A	0.19%
IVT	A	0.19%
EQC	B	0.18%
SHO	D	0.17%
DRH	B	0.16%
LTC	B	0.14%
XHR	B	0.13%
GTY	A	0.13%
ALEX	B	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	F	0.11%
UNIT	B	0.11%
UMH	B	0.11%
PDM	D	0.1%
NTST	C	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	F	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	B	0.03%
CTO	B	0.03%
LAND	F	0.03%
CIO	C	0.02%
NXDT	F	0.02%
PINE	C	0.02%
BHR	C	0.02%
BRT	A	0.02%
ILPT	F	0.02%
OPI	F	0.01%
MDV	D	0.01%
FSP	B	0.01%

FRI Underweight 62 Positions Relative to SPYD

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	A	-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	B	-1.31%
EVRG	A	-1.3%
MO	A	-1.29%
USB	A	-1.28%
CFG	B	-1.27%
IBM	C	-1.27%
PNW	A	-1.26%
EIX	B	-1.26%
D	C	-1.26%
VTRS	A	-1.25%
EXC	C	-1.23%
SO	C	-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	C	-1.16%
AEP	C	-1.16%
CCI	C	-1.13%
SWK	D	-1.13%
ES	C	-1.12%
GIS	D	-1.1%
FMC	D	-1.09%
KHC	F	-1.08%
BEN	C	-1.08%
ABBV	F	-1.07%
SJM	D	-1.05%
IPG	D	-1.05%
CVS	D	-1.04%
CAG	F	-1.02%
LYB	F	-0.99%
DOW	F	-0.94%
PFE	F	-0.94%
F	C	-0.92%
AES	F	-0.92%
WBA	F	-0.87%