FRI vs. ^TNX
Compare and contrast key facts about First Trust S&P REIT Index Fund (FRI) and Treasury Yield 10 Years (^TNX).
FRI is a passively managed fund by First Trust that tracks the performance of the S&P United States REIT. It was launched on May 8, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FRI or ^TNX.
Correlation
The correlation between FRI and ^TNX is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FRI vs. ^TNX - Performance Comparison
Key characteristics
FRI:
0.75
^TNX:
-0.26
FRI:
1.12
^TNX:
-0.23
FRI:
1.15
^TNX:
0.97
FRI:
0.68
^TNX:
-0.10
FRI:
2.45
^TNX:
-0.55
FRI:
5.60%
^TNX:
10.54%
FRI:
18.32%
^TNX:
21.89%
FRI:
-71.96%
^TNX:
-93.78%
FRI:
-8.61%
^TNX:
-46.30%
Returns By Period
In the year-to-date period, FRI achieves a -0.71% return, which is significantly higher than ^TNX's -5.79% return. Over the past 10 years, FRI has underperformed ^TNX with an annualized return of 5.00%, while ^TNX has yielded a comparatively higher 7.22% annualized return.
FRI
-0.71%
9.87%
-4.10%
12.23%
9.13%
5.00%
^TNX
-5.79%
3.68%
-2.67%
-3.47%
44.83%
7.22%
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Risk-Adjusted Performance
FRI vs. ^TNX — Risk-Adjusted Performance Rank
FRI
^TNX
FRI vs. ^TNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust S&P REIT Index Fund (FRI) and Treasury Yield 10 Years (^TNX). 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.
Drawdowns
FRI vs. ^TNX - Drawdown Comparison
The maximum FRI drawdown since its inception was -71.96%, smaller than the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for FRI and ^TNX. For additional features, visit the drawdowns tool.
Volatility
FRI vs. ^TNX - Volatility Comparison
First Trust S&P REIT Index Fund (FRI) has a higher volatility of 8.59% compared to Treasury Yield 10 Years (^TNX) at 7.23%. This indicates that FRI's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.