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FRI vs. ^TNX
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between FRI and ^TNX is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.1

Performance

FRI vs. ^TNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust S&P REIT Index Fund (FRI) and Treasury Yield 10 Years (^TNX). The values are adjusted to include any dividend payments, if applicable.

-15.00%-10.00%-5.00%0.00%5.00%10.00%AugustSeptemberOctoberNovemberDecember2025
2.99%
8.73%
FRI
^TNX

Key characteristics

Sharpe Ratio

FRI:

0.71

^TNX:

0.75

Sortino Ratio

FRI:

1.05

^TNX:

1.24

Omega Ratio

FRI:

1.13

^TNX:

1.14

Calmar Ratio

FRI:

0.50

^TNX:

0.21

Martin Ratio

FRI:

2.98

^TNX:

1.55

Ulcer Index

FRI:

3.74%

^TNX:

10.42%

Daily Std Dev

FRI:

15.79%

^TNX:

21.57%

Max Drawdown

FRI:

-71.95%

^TNX:

-96.85%

Current Drawdown

FRI:

-7.95%

^TNX:

-70.90%

Returns By Period

In the year-to-date period, FRI achieves a 0.00% return, which is significantly lower than ^TNX's 0.79% return. Over the past 10 years, FRI has underperformed ^TNX with an annualized return of 4.37%, while ^TNX has yielded a comparatively higher 9.21% annualized return.


FRI

YTD

0.00%

1M

2.36%

6M

2.99%

1Y

10.62%

5Y*

3.46%

10Y*

4.37%

^TNX

YTD

0.79%

1M

0.85%

6M

8.73%

1Y

11.17%

5Y*

19.47%

10Y*

9.21%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

FRI vs. ^TNX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FRI
The Risk-Adjusted Performance Rank of FRI is 2626
Overall Rank
The Sharpe Ratio Rank of FRI is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of FRI is 2525
Sortino Ratio Rank
The Omega Ratio Rank of FRI is 2525
Omega Ratio Rank
The Calmar Ratio Rank of FRI is 2525
Calmar Ratio Rank
The Martin Ratio Rank of FRI is 3232
Martin Ratio Rank

^TNX
The Risk-Adjusted Performance Rank of ^TNX is 3232
Overall Rank
The Sharpe Ratio Rank of ^TNX is 3737
Sharpe Ratio Rank
The Sortino Ratio Rank of ^TNX is 4141
Sortino Ratio Rank
The Omega Ratio Rank of ^TNX is 3434
Omega Ratio Rank
The Calmar Ratio Rank of ^TNX is 1919
Calmar Ratio Rank
The Martin Ratio Rank of ^TNX is 2828
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for FRI, currently valued at 0.81, compared to the broader market0.002.004.000.810.75
The chart of Sortino ratio for FRI, currently valued at 1.18, compared to the broader market0.005.0010.001.181.24
The chart of Omega ratio for FRI, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.001.151.14
The chart of Calmar ratio for FRI, currently valued at 0.57, compared to the broader market0.005.0010.0015.000.570.52
The chart of Martin ratio for FRI, currently valued at 3.29, compared to the broader market0.0020.0040.0060.0080.00100.003.291.55
FRI
^TNX

The current FRI Sharpe Ratio is 0.71, which is comparable to the ^TNX Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of FRI and ^TNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00AugustSeptemberOctoberNovemberDecember2025
0.81
0.75
FRI
^TNX

Drawdowns

FRI vs. ^TNX - Drawdown Comparison

The maximum FRI drawdown since its inception was -71.95%, smaller than the maximum ^TNX drawdown of -96.85%. Use the drawdown chart below to compare losses from any high point for FRI and ^TNX. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-7.95%
-12.18%
FRI
^TNX

Volatility

FRI vs. ^TNX - Volatility Comparison

First Trust S&P REIT Index Fund (FRI) and Treasury Yield 10 Years (^TNX) have volatilities of 4.73% and 4.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%AugustSeptemberOctoberNovemberDecember2025
4.73%
4.88%
FRI
^TNX
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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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