21-Apr-2026
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Real estate stocks surge alongside broader markets
Seeking Alpha News (Sat, 18-Apr 12:00 PM ET)
The First Trust S&P REIT Index Fund is an exchange-traded fund. This exchange-traded fund seeks investment results that correspond generally to the price and yield (before the funds fees and expenses) of an equity index called the S&P United States REIT Index.
First Trust S&P REIT trades on the ARCA stock market under the symbol FRI.
As of April 21, 2026, FRI stock price declined to $30.52 with 19,649 million shares trading.
FRI has a beta of 0.55, meaning it tends to be less sensitive to market movements. FRI has a correlation of 0.27 to the broad based SPY ETF.
FRI has a market cap of $163.26 million. This is considered a Micro Cap stock.
In the last 3 years, FRI traded as high as $30.97 and as low as $21.21.
FRI has underperformed the market in the last year with a price return of +18.9% while the SPY ETF gained +35.2%. However, in the short term, FRI had mixed performance relative to the market. It has outperformed in the last 3 months, returning +8.8% vs +4.2% return in SPY. But in the last 2 weeks, FRI shares have been beat by the market, returning +5.9% compared to an SPY return of +6.9%.
FRI support price is $30.65 and resistance is $31.23 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FRI shares will trade within this expected range on the day.