FRIvsRWRETF Comparison
VS
First Trust S&P REIT Index Fund ETF (FRI) and State Street SPDR Dow Jones REIT ETF (RWR) belong to the same industry segment: US Real Estate. Both ETFs have the same top 1 sector exposures: Finance. FRI is more expensive with a Total Expense Ratio (TER) of 0.49%, versus 0.25% for RWR. FRI is up 12.23% year-to-date (YTD) with +$36M in YTD flows. RWR performs worse with 12.08% YTD performance, and -$44M in YTD flows. Run a side-by-side ETF comparison of FRI and RWR below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
FRI vs RWR performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/23/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FRI RWR | +0.76%+1.11% | -6.83%-7.05% | +12.23%+12.08% | +9.39%+9.87% | +51.99%+52.80% | +14.29%+13.24% |
| Flows | FRI RWR | +$12M-$11M | +$24M+$88M | +$36M-$44M | +$37M+$23M | +$56M+$198M | +$16M+$52M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FRI RWR | +12.15%+12.77% | +13.35%+14.07% | +16.41%+16.77% | +18.81%+19.08% |
| Max drawdown | FRI RWR | -12.04%-12.71% | -12.04%-12.71% | -18.74%-18.77% | -31.41%-32.62% |
| Max drawdown duration | FRI RWR | 89d89d | 89d89d | 434d434d | 1496d1499d |
Trading data
FRI | RWR | |
Last sale 10/26/2026 at 1:30 PM | $30.37 | $107.91 |
| Previous close 10/23/2026 | $30.21 | $107.41 |
| Consolidated volume 10/23/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
FRI | RWR | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/26/2026 at 1:30 PM
Live
Closed
FRI | RWR | |
|---|---|---|
| Last price | $30.37 | $107.91 |
| 1D performance | +0.53% | +0.47% |
| AuM | $199.24 M | $1.81 B |
| E/R | 0.49% | 0.25% |
Characteristics
FRI | RWR | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | First Trust | State Street Investment Management |
| Benchmark | S&P United States REIT Index | Dow Jones U.S. Select REIT Capped Index |
| N° of holdings | 121 | 95 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 8, 2007 | April 23, 2001 |
| ESG | No | No |
Advertisement
Exposure
Countries
FRI
USA
95.57%
Other
4.43%
RWR
USA
99.01%
Other
0.99%
Sectors
FRI
Finance
95.57%
Other
4.43%
RWR
Finance
99.01%
Other
0.99%
Diversification
FRI
Total weight of top 15 holdings out of 15
60.96%
RWR
Total weight of top 15 holdings out of 15
61.78%
Top 15 holdings
Data as of August 31, 2026
FRI
Welltower, Inc.
12.59%
Prologis, Inc.
9.66%
Equinix, Inc.
4.51%
Digital Realty Trust, Inc.
4.44%
Simon Property Group, Inc.
4.39%
Realty Income Corp.
4.24%
Public Storage
3.77%
Equity Residential
3.53%
Ventas, Inc.
3.32%
Iron Mountain, Inc.
2.52%
Extra Space Storage, Inc.
2.20%
VICI Properties, Inc.
2.07%
Essex Property Trust, Inc.
1.33%
Kimco Realty Corp.
1.21%
Invitation Homes, Inc.
1.18%
RWR
Welltower, Inc.
10.36%
Prologis, Inc.
9.95%
Equity Residential
4.63%
Equinix, Inc.
4.52%
Realty Income Corp.
4.42%
Digital Realty Trust, Inc.
4.34%
Simon Property Group, Inc.
4.31%
Ventas, Inc.
4.30%
Public Storage
4.21%
Extra Space Storage, Inc.
2.89%
Essex Property Trust, Inc.
1.77%
Kimco Realty Corp.
1.55%
Invitation Homes, Inc.
1.55%
W.P. Carey, Inc.
1.51%
Mid-America Apartment Communities, Inc.
1.46%
Frequently asked questions about FRI and RWR
How have the FRI and RWR ETFs performed in 2026?
As of October 23, 2026, FRI is up 12.23% year-to-date (YTD), while RWR has returned 12.08%. That puts FRI better performer ahead so far this year.
Which ETF is attracting more investor money: FRI or RWR?
Year-to-date, the FRI ETF saw +$36M in flows, compared to -$44M for RWR.
Which ETF is more volatile: FRI or RWR?
Over the past year, FRI had a volatility of 13.35%, while RWR experienced 14.07%.
Which ETF is bigger: FRI or RWR?
As of October 23, 2026, FRI holds $199.24 M in assets under management (AUM), while RWR manages $1.81 B.
What sectors do the FRI and RWR ETFs invest in?
FRI leans toward sectors like Finance. Meanwhile, RWR focuses on Finance.
What are the top holdings of the FRI ETF and RWR ETF?
FRI top holdings include Welltower, Inc., Prologis, Inc. and Equinix, Inc.. RWR holds in its top three: Welltower, Inc., Prologis, Inc. and Equity Residential.
Which ETF is more diversified: FRI or RWR?
FRI holds 121 securities with 60.96% of its assets in the top 15. RWR has 95 securities and a top 15 weight of 61.78%.
Advertisement
Latest news about FRI & RWR
Real Estate ETFs Hit Again by the Rise in Treasury Yields
April 15, 2024
RWR
Real Estate Sector Hit by Stronger-Than-Expected Inflation Data
March 19, 2024
RWR
Real Estate Sector Gains Momentum After Dovish Fed Comments
December 19, 2023
RWR
Advertisement
Real Estate Funds Plunge Again Amid Spike in Interest Rates
October 24, 2023
RWR
Real Estate Funds Plunge Again Amid Spike in Interest Rates
October 24, 2023
RWR
Advertisement
