^TNX vs. FRI
Compare and contrast key facts about Treasury Yield 10 Years (^TNX) and First Trust S&P REIT Index Fund (FRI).
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: ^TNX or FRI.
Correlation
The correlation between ^TNX and FRI 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.
Performance
^TNX vs. FRI - Performance Comparison
Key characteristics
^TNX:
0.23
FRI:
0.98
^TNX:
0.48
FRI:
1.38
^TNX:
1.05
FRI:
1.18
^TNX:
0.09
FRI:
0.68
^TNX:
0.46
FRI:
3.62
^TNX:
10.44%
FRI:
4.15%
^TNX:
21.08%
FRI:
15.43%
^TNX:
-93.78%
FRI:
-71.95%
^TNX:
-43.91%
FRI:
-5.03%
Returns By Period
In the year-to-date period, ^TNX achieves a -1.60% return, which is significantly lower than FRI's 3.18% return. Over the past 10 years, ^TNX has outperformed FRI with an annualized return of 8.16%, while FRI has yielded a comparatively lower 4.86% annualized return.
^TNX
-1.60%
-1.62%
16.52%
4.05%
25.15%
8.16%
FRI
3.18%
1.18%
1.69%
14.31%
3.21%
4.86%
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
^TNX vs. FRI — Risk-Adjusted Performance Rank
^TNX
FRI
^TNX vs. FRI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Treasury Yield 10 Years (^TNX) and First Trust S&P REIT Index Fund (FRI). 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
^TNX vs. FRI - Drawdown Comparison
The maximum ^TNX drawdown since its inception was -93.78%, which is greater than FRI's maximum drawdown of -71.95%. Use the drawdown chart below to compare losses from any high point for ^TNX and FRI. For additional features, visit the drawdowns tool.
Volatility
^TNX vs. FRI - Volatility Comparison
Treasury Yield 10 Years (^TNX) has a higher volatility of 5.68% compared to First Trust S&P REIT Index Fund (FRI) at 3.75%. This indicates that ^TNX's price experiences larger fluctuations and is considered to be riskier than FRI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.