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FRI - ETF AI Analysis
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First Trust S&P REIT Index Fund (FRI)
Rating:67Neutral
Price Target:―
Positive Factors
Leading REIT Holdings
The fund’s largest positions are in well-known, established real estate companies that have generally shown steady to strong performance this year.
Solid Year-to-Date Results
The ETF has delivered positive year-to-date returns, indicating that its portfolio has held up reasonably well in the current market.
Targeted Real Estate Exposure
With most assets in U.S. real estate, the fund offers focused access to the REIT market for investors seeking income and property-related exposure.
Negative Factors
High Sector Concentration
Almost all of the ETF is invested in real estate, so it can be hit hard if the property or REIT market weakens.
Limited Geographic Diversification
The fund is heavily focused on U.S. companies, offering little protection if the U.S. real estate market faces challenges.
Above-Average Expense Ratio
The ETF’s fee is relatively high for a passive index fund, which can slowly reduce investors’ net returns over time.
FRI vs. SPDR S&P 500 ETF (SPY)
AUM167.47M
RegionNorth America
Expense Ratio0.49%
Beta0.53
IssuerFirst Trust
Inception DateMay 08, 2007
Dividend Yield2.76%
Asset ClassEquity
Index TrackedS&P United States REIT
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume20,252
30 Day Avg. Volume29,713
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
31.87Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering132
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FRI Summary
FRI is an ETF that follows the S&P United States REIT Index, giving you broad exposure to U.S. real estate through Real Estate Investment Trusts (REITs). It holds companies that own and manage properties like apartments, warehouses, data centers, malls, and storage facilities. Well-known holdings include Prologis and Equinix. Investors might consider FRI for diversification and the potential for regular income, since many REITs pay steady dividends from rent. However, because it is heavily focused on real estate, its value can go up and down with property markets, interest rates, and the overall economy.
How much will it cost me?The First Trust S&P REIT Index Fund (FRI) has an expense ratio of 0.49%, meaning you’ll pay $4.90 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is a sector-focused fund that tracks a specialized index, requiring more management compared to broad-market passive funds.
What would affect this ETF?The First Trust S&P REIT Index Fund (FRI) could benefit from stable or declining interest rates, as lower borrowing costs often support real estate investments and REIT profitability. Additionally, strong demand for commercial and industrial properties in the U.S. may drive growth for top holdings like Prologis and Equinix. However, rising interest rates or economic downturns could negatively impact property values and rental income, while regulatory changes in the real estate sector might pose challenges for REITs.
FRI Top 10 Holdings
FRI is very much a pure-play U.S. real estate story, and its performance is being steered by a handful of heavyweight REITs. Health-care names like Welltower and Ventas are rising, giving the fund a tailwind as senior housing demand builds. Industrial giant Prologis and data-center leaders Equinix and Digital Realty are also climbing, turning the fund into a quiet bet on e-commerce and cloud growth. Meanwhile, mall owner Simon Property and storage-focused Public Storage are more steady than spectacular, keeping returns grounded but not dragging the ETF down.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Welltower | 9.30% | $15.39M | $142.54B | 38.55% | 77 Outperform | |
| Prologis | 8.57% | $14.18M | $127.99B | 12.20% | 76 Outperform | |
| Equinix | 6.09% | $10.08M | $92.08B | 9.04% | 73 Outperform | |
| Realty Income | 4.70% | $7.77M | $60.61B | 11.15% | 70 Outperform | |
| ― | 4.67% | $7.72M | ― | ― | ― | |
| Digital Realty | 4.49% | $7.44M | $60.54B | 18.11% | 69 Neutral | |
| Simon Property | 4.47% | $7.40M | $63.31B | 13.87% | 70 Outperform | |
| Public Storage | 3.84% | $6.36M | $54.08B | -1.86% | 73 Outperform | |
| Ventas | 3.15% | $5.21M | $41.28B | 25.05% | 68 Neutral | |
| VICI Properties | 2.50% | $4.14M | $31.71B | -9.13% | 73 Outperform |
FRI Technical Analysis
Neutral
―
Price Trends
28.61
Positive
28.06
Positive
27.49
Positive
Market Momentum
0.41
Positive
52.33
Neutral
34.64
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FRI, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 29.81, equal to the 50-day MA of 28.61, and equal to the 200-day MA of 27.49, indicating a neutral trend. The MACD of 0.41 indicates Positive momentum. The RSI at 52.33 is Neutral, neither overbought nor oversold. The STOCH value of 34.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FRI.
FRI Peer Comparison
Comparison Results
Performance Comparison
FRI
First Trust S&P REIT Index Fund
29.56
2.62
9.73%
REZ
iShares Residential and Multisector Real Estate ETF
―
―
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JPRE
JPMorgan Realty Income ETF
―
―
―
KBWY
Invesco KBW Premium Yield Equity REIT ETF
―
―
―
IYRI
NEOS Real Estate High Income ETF
―
―
―
RSPR
Invesco S&P 500 Equal Weight Real Estate ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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