FRI vs. XLRE ETF Comparison

Comparison of First Trust S&P REIT Index Fund (FRI) to Real Estate Select Sector SPDR Fund (The) (XLRE)

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

$28.88

Average Daily Volume

88,870

Number of Holdings ^*

128

* may have additional holdings in another (foreign) market

XLRE

Real Estate Select Sector SPDR Fund (The)

XLRE Description

The Select Sector SPDR Trust - The Real Estate Select Sector SPDR Fund is an exchange traded fund launched by State Street Global Advisors, Inc. It is managed by SSgA Funds Management, Inc. The fund invests in public equity markets of the United States. It invests in stocks of companies operating in the real estate sector including companies engaged in real estate management and development and REITs, excluding mortgage REITs. The fund invests in stocks of large-cap companies. It seeks to replicate the performance of The Real Estate Select Sector Index, by investing in stocks of companies as per their weightings in the index. The Select Sector SPDR Trust - The Real Estate Select Sector SPDR Fund is domiciled in the United States.

Grade (RS Rating)

Last Trade

$42.98

Average Daily Volume

5,037,138

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FRI	XLRE
30 Days	-2.96%	-3.89%
60 Days	-3.35%	-4.58%
90 Days	4.42%	3.40%
12 Months	25.28%	23.54%

25 Overlapping Holdings

Symbol	Grade	Weight in FRI	Weight in XLRE	Overlap
ARE	D	1.48%	1.6%	1.48%
AVB	A	2.69%	2.93%	2.69%
BXP	D	0.99%	1.09%	0.99%
CPT	D	1.05%	1.14%	1.05%
DLR	A	4.5%	4.97%	4.5%
DOC	D	1.32%	1.44%	1.32%
EQIX	B	7.12%	7.8%	7.12%
EQR	C	2.05%	2.22%	2.05%
ESS	A	1.59%	1.72%	1.59%
EXR	C	2.87%	3.15%	2.87%
FRT	B	0.72%	0.77%	0.72%
HST	D	1.06%	1.15%	1.06%
INVH	D	1.6%	1.72%	1.6%
IRM	D	2.83%	3.11%	2.83%
KIM	A	1.38%	1.51%	1.38%
MAA	A	1.51%	1.64%	1.51%
O	D	4.18%	4.45%	4.18%
PLD	D	8.87%	9.57%	8.87%
PSA	C	4.31%	4.75%	4.31%
REG	A	1.0%	1.09%	1.0%
SPG	A	4.48%	4.88%	4.48%
UDR	C	1.09%	1.18%	1.09%
VICI	C	2.74%	2.93%	2.74%
VTR	C	2.2%	2.41%	2.2%
WELL	A	6.51%	7.17%	6.51%

FRI Overweight 103 Positions Relative to XLRE

Symbol	Grade	Weight
SUI	D	1.3%
GLPI	D	1.13%
ELS	B	1.08%
WPC	D	1.02%
LAMR	D	0.98%
AMH	C	0.96%
CUBE	C	0.89%
OHI	C	0.86%
REXR	F	0.79%
EGP	D	0.72%
BRX	A	0.72%
NNN	D	0.64%
ADC	A	0.62%
VNO	B	0.61%
FR	D	0.59%
STAG	D	0.58%
RHP	B	0.57%
COLD	F	0.56%
KRG	B	0.5%
TRNO	D	0.49%
EPRT	C	0.47%
SLG	B	0.44%
CTRE	D	0.42%
CUZ	B	0.4%
PECO	A	0.4%
IRT	A	0.38%
KRC	C	0.36%
SBRA	C	0.36%
MAC	A	0.34%
CDP	C	0.31%
SKT	A	0.31%
APLE	B	0.3%
HIW	D	0.3%
IIPR	F	0.29%
NHI	D	0.28%
BNL	D	0.28%
EPR	D	0.28%
DEI	B	0.26%
PK	C	0.26%
NSA	C	0.25%
LXP	D	0.24%
MPW	F	0.23%
UE	B	0.23%
AKR	B	0.22%
OUT	C	0.21%
FCPT	C	0.21%
IVT	B	0.2%
ROIC	A	0.19%
EQC	A	0.18%
SHO	D	0.18%
DRH	B	0.16%
LTC	B	0.14%
JBGS	D	0.13%
ELME	D	0.13%
GTY	C	0.13%
XHR	B	0.13%
GNL	D	0.13%
PEB	F	0.13%
VRE	A	0.12%
ALEX	B	0.12%
RLJ	C	0.12%
UNIT	B	0.12%
ESRT	D	0.12%
PDM	D	0.11%
UMH	C	0.11%
DEA	D	0.11%
AAT	C	0.11%
AIV	C	0.1%
NTST	D	0.1%
CSR	A	0.09%
PGRE	C	0.08%
BDN	D	0.08%
NXRT	A	0.08%
PLYM	F	0.07%
INN	D	0.06%
GOOD	B	0.06%
AHH	D	0.06%
UHT	D	0.05%
SVC	F	0.05%
GMRE	D	0.05%
DHC	F	0.05%
WSR	B	0.05%
HPP	F	0.05%
OLP	A	0.04%
LAND	F	0.04%
CHCT	C	0.04%
BFS	C	0.04%
ALX	D	0.04%
PKST	F	0.04%
FPI	B	0.04%
PSTL	C	0.03%
CBL	B	0.03%
CTO	B	0.03%
CLDT	C	0.03%
BRT	A	0.02%
PINE	D	0.02%
NXDT	F	0.02%
ILPT	F	0.02%
CIO	F	0.02%
OPI	F	0.01%
MDV	D	0.01%
FSP	C	0.01%
BHR	B	0.01%

FRI Underweight 6 Positions Relative to XLRE

Symbol	Grade	Weight
AMT	D	-8.37%
CCI	D	-4.1%
CBRE	B	-3.6%
CSGP	F	-2.83%
SBAC	D	-2.15%
WY	D	-2.09%