USRTvsFRIETF Comparison
VS
iShares Core U.S. REIT ETF (USRT) and First Trust S&P REIT Index Fund ETF (FRI) belong to the same industry segment: US Real Estate. USRT's top 2 sector exposures are Finance and Non-Corporate. In contrast, FRI's top sector exposures are Finance. USRT is less expensive with a Total Expense Ratio (TER) of 0.08%, versus 0.49% for FRI. USRT is up 14.31% year-to-date (YTD) with +$719M in YTD flows. FRI performs worse with 13.5% YTD performance, and +$27M in YTD flows. Run a side-by-side ETF comparison of USRT 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
USRT vs FRI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/11/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | USRT FRI | -1.89%-3.09% | -2.02%-1.85% | +14.31%+13.50% | +11.86%+13.09% | +39.27%+37.53% | +22.07%+20.58% |
| Flows | USRT FRI | -$980K-$2M | +$339M+$20M | +$719M+$27M | +$971M+$24M | +$1.76B+$41M | +$1.80B+$18M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | USRT FRI | +14.43%+13.91% | +13.61%+13.24% | +16.95%+16.76% | +18.93%+18.84% |
| Max drawdown | USRT FRI | -8.00%-7.74% | -8.02%-7.74% | -18.73%-18.74% | -30.96%-31.41% |
| Max drawdown duration | USRT FRI | 47d46d | 44d46d | 434d434d | 985d1496d |
Trading data
USRT | FRI | |
Last sale 9/11/2026 at 1:30 PM | $64.48 | $30.86 |
| Previous close 09/10/2026 | $64.22 | $30.76 |
| Consolidated volume 09/10/2026 | ||
| 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
Create an account to view replication metrics
Join for free
USRT | FRI | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/11/2026 at 1:30 PM
Live
Closed
USRT | FRI | |
|---|---|---|
| Last price | $64.48 | $30.86 |
| 1D performance | +0.40% | +0.33% |
| AuM | $4.44 B | $193.63 M |
| E/R | 0.08% | 0.49% |
Characteristics
USRT | FRI | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | First Trust |
| Benchmark | FTSE Nareit Equity REITs 40 Act Capped Index | S&P United States REIT Index |
| N° of holdings | 125 | 121 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 1, 2007 | May 8, 2007 |
| ESG | No | No |
Exposure
Countries
USRT
USA
100.14%
Other
-0.14%
FRI
USA
95.67%
Other
4.33%
Sectors
USRT
Finance
99.89%
Other
0.11%
FRI
Finance
95.67%
Other
4.33%
Diversification
USRT
Total weight of top 15 holdings out of 15
58.54%
FRI
Total weight of top 15 holdings out of 15
61.1%
Top 15 holdings
Data as of July 31, 2026
USRT
Welltower, Inc.
9.03%
Prologis, Inc.
7.53%
Equinix, Inc.
6.14%
Digital Realty Trust, Inc.
4.64%
Simon Property Group, Inc.
4.64%
Realty Income Corp.
4.24%
Public Storage
4.10%
Ventas, Inc.
3.56%
Iron Mountain, Inc.
2.95%
Extra Space Storage, Inc.
2.48%
VICI Properties, Inc.
2.28%
AvalonBay Communities, Inc.
2.09%
Equity Residential
2.00%
Essex Property Trust, Inc.
1.44%
Invitation Homes, Inc.
1.41%
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 USRT and FRI
How have the USRT and FRI ETFs performed in 2026?
As of September 11, 2026, USRT is up 14.31% year-to-date (YTD), while FRI has returned 13.5%. That puts USRT better performer ahead so far this year.
Which ETF is attracting more investor money: USRT or FRI?
Year-to-date, the USRT ETF saw +$719M in flows, compared to +$27M for FRI.
Which ETF is more volatile: USRT or FRI?
Over the past year, USRT had a volatility of 13.61%, while FRI experienced 13.24%.
Which ETF is bigger: USRT or FRI?
As of September 11, 2026, USRT holds $4.44 B in assets under management (AUM), while FRI manages $193.63 M.
What sectors do the USRT and FRI ETFs invest in?
USRT leans toward sectors like Finance. Meanwhile, FRI focuses on Finance.
What are the top holdings of the USRT ETF and FRI ETF?
USRT top holdings include Welltower, Inc., Prologis, Inc. and Equinix, Inc.. FRI holds in its top three: Welltower, Inc., Prologis, Inc. and Equinix, Inc..
Which ETF is more diversified: USRT or FRI?
USRT holds 125 securities with 58.54% of its assets in the top 15. FRI has 121 securities and a top 15 weight of 61.1%.
Advertisement
Latest news about USRT & FRI
Two Ways to Get Real Estate Income with ETFs
August 2, 2024
USRT
Real Estate ETFs Hit Again by the Rise in Treasury Yields
April 15, 2024
USRT
Real Estate Sector Hit by Stronger-Than-Expected Inflation Data
March 19, 2024
USRT
Real Estate Sector Gains Momentum After Dovish Fed Comments
December 19, 2023
USRT
Advertisement
REIT ETFs: Active Management or Passive Indexing?
March 13, 2023
USRT
REIT ETFs: Active Management or Passive Indexing?
March 13, 2023
USRT
3 U.S. REIT ETFs to watch in 2023
December 28, 2022
USRT
