First Trust S&P REIT Index Fund (FRI)Real Estate | Exchange Traded Fund | NYSEArca
30.04 USD
+0.29
(0.976%)
⇧
(Oct. 16, 2026, 11:33 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 9:24 a.m. EDT
The tactical outlook for this REIT index fund is bearish, driven by a disconnect between its technical structure and its income profile. Price momentum is clearly negative, with the stock trading well below both its 50-day and 200-day averages, confirming a downtrend that has persisted for nearly half a year. While the dividend yield of 2.71% offers some cushion, the recent 10% cut in the payout signals that the company is under pressure to preserve capital rather than grow income, capping the appeal for pure income seekers. The options market reinforces this pessimism, with traders aggressively buying deep puts while ignoring the upside. Although the statistical forecast model shows a neutral lean, it lacks the conviction to counteract the clear technical weakness and the deteriorating dividend trend. This is a defensive hold at best, lacking the catalyst needed for a robust recovery. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.053609 |
| AutoARIMA | 0.053847 |
| AutoETS | 0.053847 |
| AutoTheta | 0.054089 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 58% |
| H-stat | 7.27 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.357 |
| Excess Kurtosis | -0.87 |
| Attribute | Value |
|---|---|
| Trailing P/E | 29.30 |
As of Oct. 10, 2026, 9:24 a.m. EDT: Speculator positioning is heavily skewed toward downside protection. Deep out-of-the-money puts (strikes 21 and 25) dominate open interest across multiple expirations, indicating a strong bet against a drop to the lower end of the trading range. Conversely, call activity is sparse and concentrated at strikes significantly above the current price (36-40), suggesting limited bullish conviction for a near-term rally.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.65% | 2.76% | 2.99% | 2.90% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-24 | 0.195 | 0.650434 |
| 2026-06-25 | 0.178 | 0.559045 |
| 2026-03-26 | 0.093 | 0.330373 |
| 2025-12-12 | 0.334 | 1.223443 |
| 2025-09-25 | 0.173 | 0.625905 |
| 2025-06-26 | 0.192 | 0.716151 |
| 2025-03-27 | 0.117 | 0.429989 |
| 2024-12-13 | 0.435 | 1.531690 |
| 2024-09-26 | 0.098 | 0.333220 |
| 2024-06-27 | 0.280 | 1.103666 |
| 2024-03-21 | 0.098 | 0.381026 |
| 2023-12-22 | 0.280 | 1.075682 |
| 2023-06-27 | 0.340 | 1.400906 |
| 2023-03-24 | 0.231 | 1.005660 |
| 2022-12-23 | 0.240 | 0.997921 |
| 2022-09-23 | 0.133 | 0.557418 |
| 2022-06-24 | 0.139 | 0.529928 |
| 2022-03-25 | 0.091 | 0.297386 |
| 2021-12-23 | 0.242 | 0.766308 |
| 2021-09-23 | 0.060 | 0.205409 |
| 2021-06-24 | 0.109 | 0.386525 |
| 2021-03-25 | 0.060 | 0.238569 |
| 2020-12-24 | 0.267 | 1.166958 |
| 2020-09-24 | 0.109 | 0.535101 |
| 2020-06-25 | 0.180 | 0.869145 |
| 2020-03-26 | 0.160 | 0.849708 |
| 2019-12-13 | 0.206 | 0.813586 |
| 2019-09-25 | 0.180 | 0.681560 |
| 2019-06-14 | 0.099 | 0.388998 |
| 2019-03-21 | 0.111 | 0.449211 |
| 2018-12-18 | 0.302 | 1.342222 |
| 2018-09-14 | 0.219 | 0.923272 |
| 2018-06-21 | 0.129 | 0.560626 |
| 2018-03-22 | 0.044 | 0.211234 |
| 2017-12-21 | 0.296 | 1.298815 |
| 2017-09-21 | 0.122 | 0.523830 |
| 2017-06-22 | 0.136 | 0.581197 |
| 2017-03-23 | 0.103 | 0.449978 |
| 2016-12-21 | 0.390 | 1.725664 |
| 2016-09-21 | 0.093 | 0.384298 |
| 2016-06-22 | 0.123 | 0.520085 |
| 2016-03-23 | 0.147 | 0.653915 |
| 2015-12-23 | 0.238 | 1.081818 |
| 2015-09-23 | 0.120 | 0.573340 |
| 2015-06-24 | 0.162 | 0.771796 |
| 2015-03-25 | 0.068 | 0.293990 |
| 2014-12-23 | 0.219 | 0.972469 |
| 2014-09-23 | 0.091 | 0.462869 |
| 2014-06-24 | 0.084 | 0.412574 |
| 2014-03-25 | 0.066 | 0.346639 |
| 2013-12-18 | 0.185 | 1.047565 |
| 2013-09-20 | 0.167 | 0.916575 |
| 2013-06-21 | 0.120 | 0.671141 |
| 2013-03-21 | 0.071 | 0.379274 |
| 2012-12-21 | 0.141 | 0.798415 |
| 2012-09-21 | 0.088 | 0.495495 |
| 2012-06-21 | 0.175 | 1.037344 |
| 2011-12-21 | 0.146 | 0.957377 |
| 2011-06-21 | 0.195 | 1.228733 |
| 2010-12-21 | 0.199 | 1.383866 |
| 2010-06-22 | 0.100 | 0.777605 |
| 2009-12-22 | 0.112 | 0.954817 |
| 2009-06-23 | 0.163 | 2.136304 |
| 2008-12-23 | 0.101 | 1.133558 |
| 2008-06-23 | 0.210 | 1.362751 |
| 2007-12-21 | 0.375 | 2.346683 |
| Attribute | Value |
|---|---|
| All Time High | 33.44 |
| All Time Low | 5.13 |
| Ask | 30.05 |
| Ask Size | 1,900 |
| Average Daily Volume10 Day | 53,970 |
| Average Daily Volume3 Month | 46,806 |
| Average Volume | 46,806 |
| Average Volume10Days | 53,970 |
| Beta3 Year | 0.93 |
| Bid | 30.03 |
| Bid Size | 1,600 |
| Category | Real Estate |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 30.0598 |
| Day Low | 29.83 |
| Dividend Yield | 2.71 |
| Eps Trailing Twelve Months | 1.0250895 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 30.8276 |
| Fifty Day Average Change | -0.79260063 |
| Fifty Day Average Change Percent | -0.025710747 |
| Fifty Two Week Change Percent | 5.5733085 |
| Fifty Two Week High | 33.44 |
| Fifty Two Week High Change | -3.4049988 |
| Fifty Two Week High Change Percent | -0.10182413 |
| Fifty Two Week Low | 27.11 |
| Fifty Two Week Low Change | 2.9249992 |
| Fifty Two Week Low Change Percent | 0.107893735 |
| Fifty Two Week Range | 27.11 - 33.44 |
| First Trade Date Milliseconds | 1,178,803,800,000 |
| Five Year Average Return | 0.0272944 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.29030037 |
| Fullday Change Percent | 0.9759734 |
| Fullday Price | 30.035 |
| Fund Family | First Trust |
| Fund Inception Date | 1,178,582,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index seeks to measure the performance of publicly-traded REITs domiciled in the United States that meet certain eligibility requirements. |
| Long Name | First Trust S&P REIT Index Fund |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_34335505 |
| Nav Price | 29.49 |
| Net Assets | 183,217,408.0 |
| Net Expense Ratio | 0.5 |
| Open | 29.91 |
| Phone | 630-241-4141 |
| Previous Close | 29.7447 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.29030037 |
| Regular Market Change Percent | 0.9759734 |
| Regular Market Day High | 30.0598 |
| Regular Market Day Low | 29.83 |
| Regular Market Day Range | 29.83 - 30.0598 |
| Regular Market Open | 29.91 |
| Regular Market Previous Close | 29.7447 |
| Regular Market Price | 30.035 |
| Regular Market Time | 1,792,164,790 |
| Regular Market Volume | 42,121 |
| Short Name | First Trust S&P REIT Index Fund |
| Source Interval | 15 |
| Symbol | FRI |
| Three Year Average Return | 0.1224529 |
| Total Assets | 183,217,408 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 29.299881 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -6.05603 |
| Trailing Three Month Returns | -6.05603 |
| Triggerable | 1 |
| Two Hundred Day Average | 30.35895 |
| Two Hundred Day Average Change | -0.3239498 |
| Two Hundred Day Average Change Percent | -0.010670653 |
| Type Disp | ETF |
| Volume | 42,121 |
| Yield | 0.0271 |
| Ytd Return | 9.83684 |