First Trust S&P REIT Index Fund (FRI)
- Expense ratio0.50%
- Net assets$184.5M
- Dividend yield2.63%
- 1-year return+12.17%
- Holdings126
FRI ETF price chart
FRI quote & trading statistics
FRI performance
Total return · as of October 17, 2026- YTD+10.99%
- 1 year+12.17%
- 3 years+13.04%/yr
- 5 years+3.07%/yr
- 10 years+5.74%/yr
- 1Y volatility
- 15.94%
- 3Y volatility
- 16.01%
- 3Y Sharpe ratio
- 0.52
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
FRI top 10 holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | WELL | Welltower Inc | 12.68% |
| 2 | PLD | Prologis Inc | 9.13% |
| 3 | SPG | Simon Property Group Inc | 4.58% |
| 4 | DLR | Digital Realty Trust Inc | 4.52% |
| 5 | EQIX | Equinix Inc | 4.35% |
| 6 | O | Realty Income Corporation | 3.90% |
| 7 | PSA | Public Storage | 3.87% |
| 8 | EQR | Equity Residential | 3.27% |
| 9 | VTR | Ventas Inc | 3.20% |
| 10 | IRM | Iron Mountain Incorporated | 2.52% |
The top 10 holdings make up 52.0% of the fund (126 holdings in total). As of October 17, 2026.
About First Trust S&P REIT Index Fund
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index seeks to measure the performance of publicly-traded REITs domiciled in the United States that meet certain eligibility requirements.
FRI ETF FAQ
What is the FRI expense ratio?
First Trust S&P REIT Index Fund has a net expense ratio of 0.50%, or $50.00 a year for every $10,000 invested.
How much money is in FRI?
First Trust S&P REIT Index Fund has about $184.5M in net assets.
What are the top holdings of FRI?
The largest positions in FRI are Welltower Inc (12.68%), Prologis Inc (9.13%), Simon Property Group Inc (4.58%). The fund holds 126 securities in total.
How has FRI performed?
FRI returned +12.17% over the past year and +3.07% a year over the past five years, including reinvested distributions.
Does FRI pay dividends?
FRI has a dividend yield of 2.63% and pays distributions na.
When was FRI launched?
First Trust S&P REIT Index Fund began trading on May 8, 2007.
ETFs similar to FRI
Funds that track the same index or whose top-10 holdings overlap most with FRI's. Overlap: shared top-10 weight as a share of the larger top-10 total of the two funds.
| Symbol | Fund | Overlap | Expense ratio | Net assets | 1-year return |
|---|---|---|---|---|---|
| FRI | First Trust S&P REIT Index Fund | — | 0.50% | $184.5M | +12.17% |
| BBRE | JPMorgan BetaBuilders MSCI US REIT | 98% | 0.11% | $1.25B | +9.76% |
| RWR | SPDR Dow Jones REIT ETF | 88% | 0.24% | $1.78B | +10.19% |
| SCHH | Schwab U.S. REIT ETF | 87% | 0.06% | $10.82B | +8.25% |
| USRT | iShares Core U.S. REIT ETF | 86% | 0.08% | $4.20B | +9.95% |
| IYRI | NEOS ETF Trust NEOS Real Estate | 83% | 0.66% | $301.3M | +1.89% |
| IYR | iShares U.S. Real Estate ETF | 82% | 0.42% | $4.10B | +3.46% |
| DFAR | DFA Investment Dimensions Group | 81% | 0.18% | $1.65B | +8.13% |
| FREL | Fidelity MSCI Real Estate ETF | 81% | 0.08% | $1.35B | +4.92% |