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Upturn AI SWOT - About
First Trust S&P REIT Index Fund (FRI)
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Upturn Advisory Summary
03/27/2025: FRI (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit -13.87% | Avg. Invested days 32 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Volume (30-day avg) 54310 | Beta 1.13 | 52 Weeks Range 23.08 - 29.94 | Updated Date 03/28/2025 |
52 Weeks Range 23.08 - 29.94 | Updated Date 03/28/2025 |
Upturn AI SWOT
First Trust S&P REIT Index Fund
ETF Overview
Overview
The First Trust S&P REIT Index Fund (FRI) seeks investment results that correspond generally to the price and yield of the S&P United States REIT Index. It focuses on investing in publicly traded REITs across various sectors, aiming to provide exposure to the real estate market through a diversified portfolio.
Reputation and Reliability
First Trust is a well-established investment firm with a solid reputation for providing innovative ETF solutions.
Management Expertise
First Trust has a team of experienced portfolio managers and analysts specializing in various asset classes, including real estate.
Investment Objective
Goal
The fund aims to replicate the performance of the S&P United States REIT Index.
Investment Approach and Strategy
Strategy: The fund employs a passive investment strategy, tracking the S&P United States REIT Index.
Composition The ETF holds a basket of stocks representing publicly traded real estate investment trusts (REITs).
Market Position
Market Share: The ETF holds a moderate market share among REIT ETFs.
Total Net Assets (AUM): 555000000
Competitors
Key Competitors
- Vanguard Real Estate ETF (VNQ)
- Real Estate Select Sector SPDR Fund (XLRE)
- iShares Cohen & Steers REIT ETF (ICF)
Competitive Landscape
The REIT ETF market is competitive, with a few large players dominating the space. FRI competes with larger ETFs like VNQ and XLRE, which have lower expense ratios and greater AUM. FRI's advantage may lie in its specific index construction, potentially offering slightly different sector weightings than its competitors. However, larger competitors may offer superior liquidity and lower trading costs.
Financial Performance
Historical Performance: Historical performance data is unavailable, consult the ETF's official website.
Benchmark Comparison: Performance compared to the S&P United States REIT Index depends on tracking error, which is typically small for passively managed ETFs.
Expense Ratio: 0.08
Liquidity
Average Trading Volume
The average trading volume is moderate, reflecting adequate liquidity for most investors.
Bid-Ask Spread
The bid-ask spread is generally tight, but may widen during periods of market volatility.
Market Dynamics
Market Environment Factors
Economic indicators, interest rate movements, and the overall health of the real estate market significantly impact FRI's performance.
Growth Trajectory
The growth trajectory depends on the performance of the underlying REITs and investor demand for real estate exposure, strategy and holdings have not changed significantly.
Moat and Competitive Advantages
Competitive Edge
FRI's competitive edge is rooted in its precise tracking of the S&P United States REIT Index, offering investors a straightforward way to access a broad spectrum of REITs. While it lacks the scale of larger competitors, FRI's focused approach can appeal to investors seeking strict index replication. It differentiates itself through First Trust's active marketing and expertise in structuring niche ETFs. Its expense ratio is very competative.
Risk Analysis
Volatility
FRI's volatility is correlated with the real estate market, which can be sensitive to economic cycles and interest rate changes.
Market Risk
The fund is subject to market risk associated with fluctuations in REIT values, which can be influenced by property values, occupancy rates, and rental income.
Investor Profile
Ideal Investor Profile
The ideal investor is seeking exposure to the U.S. REIT market for diversification or income purposes.
Market Risk
FRI is suitable for long-term investors and passive index followers seeking real estate exposure as part of a diversified portfolio.
Summary
First Trust S&P REIT Index Fund provides targeted exposure to the US REIT market by closely tracking the S&P United States REIT Index, offering diversification and potential income. The fund's moderate AUM and low expense ratio make it a viable option, though investors should consider the ETF's liquidity and the broader economic conditions. It provides a simple avenue for investors interested in real estate investments, though direct competition with larger funds poses challenges. Its passive strategy means its performance mirrors the S&P REIT Index performance, so investors will get that performance and no more.
Similar Companies
- VNQ
- XLRE
- ICF
- REM
Sources and Disclaimers
Data Sources:
- First Trust Website
- ETF.com
- Morningstar
- YCharts
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Trust S&P REIT Index Fund
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index seeks to measure the performance of publicly-traded REITs domiciled in the United States that meet certain eligibility requirements.
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