First Trust S&P REIT Index Fund (FRI) Alternatives

First Trust S&P REIT Index Fund (FRI) belongs to the REIT category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FRI. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to FRI

FRI charges 0.50% annually. Among ETFs in the REIT category, these options have the lowest expense ratios among FRI alternatives.

Symbol	Name	Expense Ratio	Inception
SCHH	Schwab US REIT ETF	0.07%	Jan 13, 2011	FRI vs SCHH
FREL	Fidelity MSCI Real Estate Index ETF	0.08%	Feb 2, 2015	FRI vs FREL
USRT	iShares Core U.S. REIT ETF	0.08%	May 4, 2007	FRI vs USRT
HAUZ	Xtrackers International Real Estate ETF	0.10%	Oct 1, 2013	FRI vs HAUZ
BBRE	JPMorgan BetaBuilders MSCI US REIT ETF	0.11%	Jun 15, 2018	FRI vs BBRE

Best Risk-Adjusted Alternatives to FRI

Among ETFs in the REIT category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
DTCR	Global X Data Center & Digital Infrastructure ETF	92	Oct 27, 2020	FRI vs DTCR
WTRE	WisdomTree New Economy Real Estate ETF	69	Jun 5, 2007	FRI vs WTRE
IFGL	iShares International Developed Real Estate ETF	61	Nov 12, 2007	FRI vs IFGL
VRAI	Virtus Real Asset Income ETF	61	Feb 7, 2019	FRI vs VRAI
HAUZ	Xtrackers International Real Estate ETF	57	Oct 1, 2013	FRI vs HAUZ

Top Performing FRI Alternatives (YTD)

FRI alternatives from the REIT category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
VRAI	Virtus Real Asset Income ETF	17.47%	Feb 7, 2019	FRI vs VRAI
DTCR	Global X Data Center & Digital Infrastructure ETF	13.55%	Oct 27, 2020	FRI vs DTCR
SRVR	Pacer Benchmark Data & Infrastructure Real Estate ...	9.80%	May 15, 2018	FRI vs SRVR
NETL	NETLease Corporate Real Estate ETF	5.36%	Mar 22, 2019	FRI vs NETL
REIT	ALPS Active REIT ETF	4.77%	Feb 24, 2021	FRI vs REIT

Lowest Volatility Alternatives to FRI

FRI alternatives from the REIT category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
PFFR	InfraCap REIT Preferred ETF	8.61%	Feb 7, 2017	FRI vs PFFR
IQRA	IQ CBRE Real Assets ETF	12.88%	May 9, 2023	FRI vs IQRA
BLDG	Cambria Global Real Estate ETF	13.30%	Sep 24, 2020	FRI vs BLDG
RWX	SPDR DJ Wilshire International Real Estate ETF	14.05%	Dec 15, 2006	FRI vs RWX
SRET	Global X SuperDividend REIT ETF	14.10%	Mar 17, 2015	FRI vs SRET

Lowest Drawdown Alternatives to FRI

FRI alternatives from the REIT category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
PFFR	InfraCap REIT Preferred ETF	-6.57%	Feb 7, 2017	FRI vs PFFR
IQRA	IQ CBRE Real Assets ETF	-9.78%	May 9, 2023	FRI vs IQRA
AVRE	Avantis Real Estate ETF	-10.63%	Sep 29, 2021	FRI vs AVRE
BLDG	Cambria Global Real Estate ETF	-10.80%	Sep 24, 2020	FRI vs BLDG
BYRE	Principal Real Estate Active Opportunities ETF	-10.82%	May 18, 2022	FRI vs BYRE

Other ETFs from First Trust

Most popular First Trust ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Technology Equities, Cybersecurity	12	-12.12%	Jul 7, 2015	FRI vs CIBR
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities	5	-11.19%	Feb 14, 2012	FRI vs NFTY
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastru...	Alternative Energy Equities	94	6.96%	Nov 17, 2009	FRI vs GRID
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	79	15.49%	Mar 9, 2006	FRI vs FDL
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	95	12.74%	Mar 10, 2014	FRI vs AIRR
IGLD	FT Cboe Vest Gold Strategy Target Income ETF	Precious Metals, Gold	84	5.99%	Mar 2, 2021	FRI vs IGLD
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	77	-2.96%	Aug 14, 2012	FRI vs TDIV
KNG	FT Cboe Vest S&P 500 Dividend Aristocrats Target I...	Dividend, S&P 500	25	1.24%	Mar 26, 2018	FRI vs KNG
ROBT	First Trust Nasdaq Artificial Intelligence & Robot...	Technology Equities, Robotics	28	-11.00%	Feb 21, 2018	FRI vs ROBT
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	87	4.23%	Feb 8, 2007	FRI vs QCLN

Often Compared With FRI

What investors most often compare with FRI, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
IYR	iShares U.S. Real Estate ETF	REIT	15	1.00%	Jun 12, 2000	FRI vs IYR
^TNX	Treasury Yield 10 Years		18	4.30%	—	FRI vs ^TNX
RWR	SPDR Dow Jones REIT ETF	REIT	24	3.43%	Apr 23, 2001	FRI vs RWR
VNQ	Vanguard Real Estate ETF	REIT	16	1.31%	Sep 23, 2004	FRI vs VNQ
VWUAX	Vanguard U.S. Growth Fund Admiral Shares	Large Cap Growth Equities	15	-15.04%	Aug 13, 2001	FRI vs VWUAX
DLR	Digital Realty Trust, Inc.		76	17.28%	—	FRI vs DLR
KBWY	Invesco KBW Premium Yield Equity REIT ETF	REIT	13	1.36%	Dec 2, 2010	FRI vs KBWY
WPC	W. P. Carey Inc.		67	7.06%	—	FRI vs WPC
XLRE	Real Estate Select Sector SPDR Fund	REIT	15	1.87%	Oct 7, 2015	FRI vs XLRE
PSTL	Postal Realty Trust, Inc.		86	16.51%	—	FRI vs PSTL
IVRA	Invesco Real Assets ESG ETF	Actively Managed, ESG	66	11.70%	Dec 22, 2020	FRI vs IVRA
RDVI	FT Cboe Vest Rising Dividend Achievers Target Inco...	Derivative Income	59	-0.53%	Oct 19, 2022	FRI vs RDVI
REET	iShares Global REIT ETF	REIT	30	1.30%	Jul 8, 2014	FRI vs REET
REZ	iShares Residential Real Estate ETF	REIT	10	0.69%	May 4, 2007	FRI vs REZ
SPY	State Street SPDR S&P 500 ETF	S&P 500	64	-4.37%	Jan 22, 1993	FRI vs SPY
WELL	Welltower Inc.		81	6.90%	—	FRI vs WELL
MDIV	First Trust Multi-Asset Diversified Income Index F...	Diversified Portfolio	30	4.59%	Aug 14, 2012	FRI vs MDIV
UCON	First Trust TCW Unconstrained Plus Bond ETF	Nontraditional Bonds, Actively Managed	82	-0.52%	Jun 4, 2018	FRI vs UCON

Compare FRI with Any Fund or Stock

Compare FRI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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First Trust S&P REIT Index Fund

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