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DFARvsFRIETF Comparison
Dimensional US Real Estate ETF (DFAR) and First Trust S&P REIT Index Fund ETF (FRI) belong to the same industry segment: US Real Estate. Both ETFs have the same top 3 sector exposures: and Real Estate. DFAR is less expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.49% for FRI. DFAR is up 8.25% year-to-date (YTD) with +$71M in YTD flows. FRI performs worse with 7.69% YTD performance, and +$3M in YTD flows. Run a side-by-side ETF comparison of DFAR and FRI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
DFAR vs FRI performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | DFAR FRI | +1.27%-0.14% | +8.62%+7.82% | +8.25%+7.69% | +7.21%+10.38% | +31.06%+35.01% | n/a+35.14% |
| Flows | DFAR FRI | +$12M-$1M | +$109M+$3M | +$71M+$3M | +$256M-$4M | +$874M+$16M | -+$87M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | DFAR FRI | +12.06%+11.49% | +16.17%+16.69% | +17.43%+17.26% | n/a+18.94% |
| Max drawdown | DFAR FRI | -3.63%-3.36% | -12.27%-13.04% | -17.73%-18.74% | n/a-31.41% |
| Max drawdown duration | DFAR FRI | 17d17d | 79d68d | 514d434d | n/a1496d |
DFAR | FRI | |
Last sale 3/12/2026 at 1:30 PM | $24.42 | $29.28 |
| Previous close 03/11/2026 | $24.55 | $29.40 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
DFAR | FRI | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
DFAR | FRI | |
|---|---|---|
| Last price | $24.42 | $29.28 |
| 1D performance | -0.53% | -0.41% |
| AuM | $1.62 B | $163.28 M |
| E/R | 0.2% | 0.49% |
DFAR | FRI | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Dimensional | First Trust |
| Benchmark | - | S&P United States REIT Index |
| N° of holdings | 121 | 115 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 23, 2022 | May 8, 2007 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the DFAR and FRI ETFs performed in 2026?
As of March 10, 2026, DFAR is up 8.25% year-to-date (YTD), while FRI has returned 7.69%. That puts DFAR better performer ahead so far this year.
Which ETF is attracting more investor money: DFAR or FRI?
Year-to-date, the DFAR ETF saw +$71M in flows, compared to +$3M for FRI.
Which ETF is more volatile: DFAR or FRI?
Over the past year, DFAR had a volatility of 16.17%, while FRI experienced 16.69%.
Which ETF is bigger: DFAR or FRI?
As of March 10, 2026, DFAR holds $1.62 B in assets under management (AUM), while FRI manages $163.28 M.
What sectors do the DFAR and FRI ETFs invest in?
DFAR leans toward sectors like Real Estate. Meanwhile, FRI focuses on Real Estate.
What are the top holdings of the DFAR ETF and FRI ETF?
DFAR top holdings include WELLTOWER INC, PROLOGIS REIT and AMERICAN TOWER CL A REIT. FRI holds in its top three: WELLTOWER INC, PROLOGIS REIT and EQUINIX INC COMMON STOCK REIT.
Which ETF is more diversified: DFAR or FRI?
DFAR holds 121 securities with 58.83% of its assets in the top 15. FRI has 130 securities and a top 15 weight of 58.47%.
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