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FRI vs. EWRE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FRI and EWRE is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

FRI vs. EWRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust S&P REIT Index Fund (FRI) and Invesco S&P 500® Equal Weight Real Estate ETF (EWRE). The values are adjusted to include any dividend payments, if applicable.

45.00%50.00%55.00%60.00%65.00%70.00%75.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
62.54%
59.75%
FRI
EWRE

Key characteristics

Returns By Period


FRI

YTD

6.98%

1M

-5.47%

6M

9.01%

1Y

8.13%

5Y*

4.00%

10Y*

4.84%

EWRE

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

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FRI vs. EWRE - Expense Ratio Comparison

FRI has a 0.50% expense ratio, which is higher than EWRE's 0.40% expense ratio.


FRI
First Trust S&P REIT Index Fund
Expense ratio chart for FRI: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for EWRE: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%

Risk-Adjusted Performance

FRI vs. EWRE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust S&P REIT Index Fund (FRI) and Invesco S&P 500® Equal Weight Real Estate ETF (EWRE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for FRI, currently valued at 0.57, compared to the broader market0.002.004.000.57-0.18
The chart of Sortino ratio for FRI, currently valued at 0.86, compared to the broader market-2.000.002.004.006.008.0010.000.86-0.20
The chart of Omega ratio for FRI, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.001.110.93
The chart of Calmar ratio for FRI, currently valued at 0.40, compared to the broader market0.005.0010.0015.000.40-0.04
The chart of Martin ratio for FRI, currently valued at 2.32, compared to the broader market0.0020.0040.0060.0080.00100.002.32-0.22
FRI
EWRE


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.57
-0.18
FRI
EWRE

Dividends

FRI vs. EWRE - Dividend Comparison

FRI's dividend yield for the trailing twelve months is around 4.39%, while EWRE has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
FRI
First Trust S&P REIT Index Fund
3.36%3.24%2.51%1.44%3.08%2.28%3.21%2.82%3.27%2.66%2.07%3.10%
EWRE
Invesco S&P 500® Equal Weight Real Estate ETF
1.49%2.91%3.07%2.56%3.82%2.55%3.02%2.17%2.01%1.03%0.00%0.00%

Drawdowns

FRI vs. EWRE - Drawdown Comparison


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.69%
-21.18%
FRI
EWRE

Volatility

FRI vs. EWRE - Volatility Comparison

First Trust S&P REIT Index Fund (FRI) has a higher volatility of 5.18% compared to Invesco S&P 500® Equal Weight Real Estate ETF (EWRE) at 0.00%. This indicates that FRI's price experiences larger fluctuations and is considered to be riskier than EWRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
5.18%
0
FRI
EWRE
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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