RWRvsFRIETF Comparison
VS
State Street SPDR Dow Jones REIT ETF (RWR) 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. RWR is less expensive with a Total Expense Ratio (TER) of 0.25%, versus 0.49% for FRI. RWR is up 16.72% year-to-date (YTD) with -$91M in YTD flows. FRI performs better with 17.02% YTD performance, and +$8M in YTD flows. Run a side-by-side ETF comparison of RWR 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.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
RWR vs FRI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 06/12/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | RWR FRI | +2.84%+2.37% | +9.62%+9.13% | +16.72%+17.02% | +19.90%+18.71% | +42.20%+42.04% | +24.67%+25.15% |
| Flows | RWR FRI | +$27M+$8M | +$49M+$5M | -$91M+$8M | -$420M+$9M | +$154M+$28M | -$4M+$76M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | RWR FRI | +15.86%+15.10% | +13.78%+13.23% | +17.06%+16.85% | +19.10%+18.92% |
| Max drawdown | RWR FRI | -5.36%-5.14% | -8.09%-7.64% | -18.77%-18.74% | -32.62%-31.41% |
| Max drawdown duration | RWR FRI | 22d22d | 44d44d | 434d434d | 1499d1496d |
Trading data
RWR | FRI | |
Last sale 6/15/2026 at 1:30 PM | $112.99 | $31.62 |
| Previous close 06/12/2026 | $113.90 | $31.85 |
| Consolidated volume 06/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of May 29, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
RWR | FRI | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 6/15/2026 at 1:30 PM
Live
Closed
RWR | FRI | |
|---|---|---|
| Last price | $112.99 | $31.62 |
| 1D performance | -0.80% | -0.72% |
| AuM | $1.87 B | $181.64 M |
| E/R | 0.25% | 0.49% |
Characteristics
RWR | FRI | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | State Street Investment Management | First Trust |
| Benchmark | Dow Jones U.S. Select REIT Capped Index | S&P United States REIT Index |
| N° of holdings | 89 | 119 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 23, 2001 | May 8, 2007 |
| ESG | No | No |
Advertisement
Exposure
Countries
RWR
USA
98.71%
Other
1.29%
FRI
USA
93.87%
Other
6.13%
Sectors
RWR
Real Estate
96.09%
Other
3.91%
FRI
Real Estate
93.38%
Other
6.62%
Advertisement
Diversification
RWR
Total weight of top 15 holdings out of 15
60.8%
FRI
Total weight of top 15 holdings out of 15
59.62%
Top 15 holdings
Data as of April 30, 2026
RWR
WELLTOWER INC
10.03%
PROLOGIS REIT
10.01%
EQUINIX INC COMMON STOCK REIT
4.75%
DIGITAL REALTY REIT
4.74%
SIMON PROPERTY GROUP REIT
4.58%
PUBLIC STORAGE REIT
4.30%
REALTY INCOME REIT
4.23%
VENTAS REIT
4.08%
EXTRA SPACE STORAGE REIT
2.97%
AVALONBAY COMMUNITIES REIT
2.53%
EQUITY RESIDENTIAL REIT
2.20%
ESSEX PROPERTY REIT
1.66%
INVITATION HOMES INC
1.59%
WP CAREY INC
1.56%
KIMCO REALTY REIT
1.56%
FRI
WELLTOWER INC
11.37%
PROLOGIS REIT
10.00%
SIMON PROPERTY GROUP REIT
4.72%
DIGITAL REALTY REIT
4.50%
EQUINIX INC COMMON STOCK REIT
4.49%
REALTY INCOME REIT
4.45%
PUBLIC STORAGE REIT
3.57%
VENTAS REIT
3.16%
IRON MOUNTAIN
2.53%
VICI PROPERTIES INC
2.33%
EXTRA SPACE STORAGE REIT
2.28%
AVALONBAY COMMUNITIES REIT
1.98%
EQUITY RESIDENTIAL REIT
1.70%
ESSEX PROPERTY REIT
1.31%
KIMCO REALTY REIT
1.22%
Frequently asked questions about RWR and FRI
How have the RWR and FRI ETFs performed in 2026?
As of June 12, 2026, RWR is up 16.72% year-to-date (YTD), while FRI has returned 17.02%. That puts FRI better performer ahead so far this year.
Which ETF is attracting more investor money: RWR or FRI?
Year-to-date, the RWR ETF saw -$91M in flows, compared to +$8M for FRI.
Which ETF is more volatile: RWR or FRI?
Over the past year, RWR had a volatility of 13.78%, while FRI experienced 13.23%.
Which ETF is bigger: RWR or FRI?
As of June 12, 2026, RWR holds $1.87 B in assets under management (AUM), while FRI manages $181.64 M.
What sectors do the RWR and FRI ETFs invest in?
RWR leans toward sectors like Real Estate. Meanwhile, FRI focuses on Real Estate.
What are the top holdings of the RWR ETF and FRI ETF?
RWR top holdings include WELLTOWER INC, PROLOGIS REIT and EQUINIX INC COMMON STOCK REIT. FRI holds in its top three: WELLTOWER INC, PROLOGIS REIT and SIMON PROPERTY GROUP REIT.
Which ETF is more diversified: RWR or FRI?
RWR holds 99 securities with 60.8% of its assets in the top 15. FRI has 119 securities and a top 15 weight of 59.62%.
Advertisement
Latest news about RWR & FRI
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
