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LPREvsFRIETF Comparison

ETF 1

LPRE

Long Pond Real Estate Select ETF

This fund is part of

Uncategorized Equities

+0.25%

Full LPRE fund page

VS

ETF 2

FRI

First Trust S&P REIT Index Fund ETF

This fund is part of

US Real Estate

-0.55%

Full FRI fund page

Long Pond Real Estate Select ETF (LPRE) belongs to the Uncategorized Equities segment. First Trust S&P REIT Index Fund ETF (FRI) is part of the US Real Estate segment. LPRE's top 3 sector exposures are Finance, Consumer Services and Consumer Cyclicals. In contrast, FRI's top sector exposures are Finance and Utilities. LPRE is more expensive with a Total Expense Ratio (TER) of 1%, versus 0.49% for FRI. LPRE is up 10.34% year-to-date (YTD) with +$62M in YTD flows. FRI performs better with 15.92% YTD performance, and +$26M in YTD flows. Run a side-by-side ETF comparison of LPRE 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.

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LPRE vs FRI performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 09/02/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	LPRE FRI	-2.26%-3.07%	+0.86%+4.33%	+10.34%+15.92%	+13.27%+17.19%	n/a+38.95%	n/a+18.65%
Flows	LPRE FRI	+$25M+$2M	+$28M+$18M	+$62M+$26M	+$119M+$23M	-+$39M	-+$16M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	LPRE FRI	+15.61%+14.79%	+14.90%+13.21%	n/a+16.76%	n/a+18.87%
Max drawdown	LPRE FRI	-5.25%-5.84%	-10.19%-7.64%	n/a-18.74%	n/a-31.41%
Max drawdown duration	LPRE FRI	59d37d	58d44d	n/a434d	n/a1496d

Trading data

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	LPRE	FRI
Last sale 9/2/2026 at 1:30 PM	$29.12	$31.27
Previous close 09/02/2026	$29.04	$31.41
Consolidated volume 09/02/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

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LPRE

is actively managed and doesn’t replicate an index

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	LPRE	FRI
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/2/2026 at 1:30 PM

Live

Closed

	LPRE	FRI
Last price	$29.12	$31.27
1D performance	+0.26%	-0.45%
AuM	$183.18 M	$196.19 M
E/R	1%	0.49%

Characteristics

	LPRE	FRI
Management strategy	Active	Passive
Provider	Exchange Traded Concepts	First Trust
Benchmark	-	S&P United States REIT Index
N° of holdings	23	121
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	April 3, 2025	May 8, 2007
ESG	No	No

More LPRE data on Trackinsight

More FRI data on Trackinsight

Exposure

Countries

LPRE

USA

90.44%

Other

9.56%

FRI

USA

95.67%

Other

4.33%

Sectors

LPRE

Finance

65.81%

Consumer Services

26.13%

Consumer Cyclical.

7.92%

Other

0.14%

FRI

Finance

95.66%

Other

4.34%

Diversification

LPRE

Total weight of top 15 holdings out of 15

84.67%

FRI

Total weight of top 15 holdings out of 15

61.1%

Top 15 holdings

Data as of July 31, 2026

LPRE

Equity LifeStyle Properties, Inc.

7.95%

D.R. Horton, Inc.

7.92%

Independence Realty Trust, Inc.

7.54%

SBA Communications Corp.

7.43%

UDR, Inc.

6.66%

Hilton Grand Vacations, Inc.

6.52%

Janus Living, Inc.

6.00%

Churchill Downs, Inc.

4.99%

The UNITE Group Plc

4.91%

Agree Realty Corp.

4.83%

Accor SA

4.50%

Hyatt Hotels Corp.

4.26%

Invitation Homes, Inc.

3.97%

Wynn Resorts Ltd.

3.96%

Mid-America Apartment Communities, Inc.

3.23%

FRI

Welltower, Inc.

12.17%

Prologis, Inc.

9.53%

Equinix, Inc.

4.65%

Digital Realty Trust, Inc.

4.61%

Simon Property Group, Inc.

4.46%

Realty Income Corp.

4.28%

Public Storage

3.93%

Equity Residential

3.45%

Ventas, Inc.

3.27%

Iron Mountain, Inc.

2.66%

Extra Space Storage, Inc.

2.26%

VICI Properties, Inc.

2.11%

Essex Property Trust, Inc.

1.34%

Invitation Homes, Inc.

1.20%

Kimco Realty Corp.

1.18%

Frequently asked questions about LPRE and FRI

How have the LPRE and FRI ETFs performed in 2026?

As of September 2, 2026, LPRE is up 10.34% year-to-date (YTD), while FRI has returned 15.92%. That puts FRI better performer ahead so far this year.

Which ETF is attracting more investor money: LPRE or FRI?

Year-to-date, the LPRE ETF saw +$62M in flows, compared to +$26M for FRI.

Which ETF is more volatile: LPRE or FRI?

Over the past year, LPRE had a volatility of 14.9%, while FRI experienced 13.21%.

Which ETF is bigger: LPRE or FRI?

As of September 2, 2026, LPRE holds $183.18 M in assets under management (AUM), while FRI manages $196.19 M.

What sectors do the LPRE and FRI ETFs invest in?

LPRE leans toward sectors like Finance, Consumer Services and Consumer Cyclicals. Meanwhile, FRI focuses on Finance.

What are the top holdings of the LPRE ETF and FRI ETF?

LPRE top holdings include Equity LifeStyle Properties, Inc., D.R. Horton, Inc. and Independence Realty Trust, Inc.. FRI holds in its top three: Welltower, Inc., Prologis, Inc. and Equinix, Inc..

LPREvsFRIETF Comparison

Long Pond Real Estate Select ETF

First Trust S&P REIT Index Fund ETF

LPRE vs FRI performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the LPRE and FRI ETFs performed in 2026?

As of September 2, 2026, LPRE is up 10.34% year-to-date (YTD), while FRI has returned 15.92%. That puts FRI better performer ahead so far this year.

Which ETF is attracting more investor money: LPRE or FRI?

Year-to-date, the LPRE ETF saw +$62M in flows, compared to +$26M for FRI.

Which ETF is more volatile: LPRE or FRI?

Over the past year, LPRE had a volatility of 14.9%, while FRI experienced 13.21%.

Which ETF is bigger: LPRE or FRI?

As of September 2, 2026, LPRE holds $183.18 M in assets under management (AUM), while FRI manages $196.19 M.

What sectors do the LPRE and FRI ETFs invest in?

LPRE leans toward sectors like Finance, Consumer Services and Consumer Cyclicals. Meanwhile, FRI focuses on Finance.

What are the top holdings of the LPRE ETF and FRI ETF?

LPRE top holdings include Equity LifeStyle Properties, Inc., D.R. Horton, Inc. and Independence Realty Trust, Inc.. FRI holds in its top three: Welltower, Inc., Prologis, Inc. and Equinix, Inc..

Which ETF is more diversified: LPRE or FRI?

LPRE holds 23 securities with 84.67% of its assets in the top 15. FRI has 121 securities and a top 15 weight of 61.1%.

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