FRI vs IQSZ

Comparison between FIRST TRUST S&P REIT INDEX FUND (FRI, ETF) and Invesco Managed Futures Strategy ETF Global Equity Net Zero (IQSZ, ETF).

FRI vs IQSZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FRI(ETF)	IQSZ(ETF)
Net Assets	$165M	$165M
Expense Ratio	0.50%	0.19%
Max Drawdown	73.28%	9.53%
Sharpe Ratio	1.00	1.68
5Y Beta	0.54	1.06
P/E Ratio	36.54	22.25
Forward P/E	35.96	18.13
PEG Ratio	N/A	0.30
5Y Dividends CAGR	3.24%	N/A
5Y EPS CAGR	8.57%	26.24%
Debt to Equity	44.85%	N/A
P/S Ratio	7.34	2.03
P/B Ratio	2.40	4.24

Net Assets

Winner

FRI

$165M

IQSZ

$165M

Expense Ratio

FRI

0.50%

Winner

IQSZ

0.19%

Max Drawdown

FRI

73.28%

Winner

IQSZ

9.53%

Sharpe Ratio

FRI

1.00

Winner

IQSZ

1.68

5Y Beta

Winner

FRI

0.54

IQSZ

1.06

P/E Ratio

FRI

36.54

Winner

IQSZ

22.25

Forward P/E

FRI

35.96

Winner

IQSZ

18.13

PEG Ratio

FRI

N/A

IQSZ

0.30

5Y Dividends CAGR

FRI

3.24%

IQSZ

N/A

5Y EPS CAGR

FRI

8.57%

Winner

IQSZ

26.24%

Debt to Equity

FRI

44.85%

IQSZ

N/A

P/S Ratio

FRI

7.34

Winner

IQSZ

2.03

P/B Ratio

Winner

FRI

2.40

IQSZ

4.24

FRI vs IQSZ - Holdings Comparison

FRI and IQSZ have 4 common holdings. Overlap is 0.63%

FRI's top 25 holdings weight is 73.31%. IQSZ's top 25 holdings weight is 36.31%.

Rank	FRI	IQSZ
#1	WELLTOWER INC (WELL) - 11.25%	NVIDIA CORP (NVDA) - 5.14%
#2	PROLOGIS INC (PLD) - 10.12%	APPLE INC (AAPL) - 4.66%
#3	SIMON PROPERTY GROUP INC (SPG) - 4.66%	MICROSOFT CORP (MSFT) - 2.87%
#4	EQUINIX INC (EQIX) - 4.64%	AMAZON.COM INC (AMZN) - 2.48%
#5	DIGITAL REALTY TRUST INC (DLR) - 4.56%	ALPHABET INC CLASS A (GOOGL) - 2.26%
#6	REALTY INCOME CORP (O) - 4.26%	n/a (n/a) - 2.04%
#7	MORGAN STANLEY INSTL LQUDTY TRS INSTL (MISXX) - 3.67%	ALPHABET INC CLASS C (GOOG) - 1.89%
#8	PUBLIC STORAGE (PSA) - 3.60%	MICRON TECHNOLOGY INC (MU) - 1.43%
#9	VENTAS INC (VTR) - 3.12%	META PLATFORMS INC CLASS A (META) - 1.34%
#10	IRON MOUNTAIN INC (IRM) - 2.79%	TESLA INC (TSLA) - 1.17%
#11	VICI PROPERTIES INC ORDINARY SHARES (VICI) - 2.32%	SAMSUNG ELECTRONICS CO LTD (n/a) - 1.10%
#12	EXTRA SPACE STORAGE INC (EXR) - 2.27%	SK HYNIX INC (n/a) - 0.90%
#13	AVALONBAY COMMUNITIES INC (AVB) - 1.96%	JOHNSON & JOHNSON (JNJ) - 0.83%
#14	EQUITY RESIDENTIAL (EQR) - 1.70%	BROADCOM INC (AVGO) - 0.82%
#15	ESSEX PROPERTY TRUST INC (ESS) - 1.33%	ASML HOLDING NV (n/a) - 0.80%
#16	INVITATION HOMES INC (INVH) - 1.23%	JPMORGAN CHASE & CO (JPM) - 0.74%
#17	W.P. CAREY INC (WPC) - 1.22%	THE TORONTO-DOMINION BANK (TD) - 0.73%
#18	KIMCO REALTY CORP (KIM) - 1.21%	EXXON MOBIL CORP (XOM) - 0.73%
#19	MID-AMERICA APARTMENT COMMUNITIES INC (MAA) - 1.14%	ELI LILLY AND CO (LLY) - 0.71%
#20	SUN COMMUNITIES INC (SUI) - 1.11%	MORGAN STANLEY (MS) - 0.68%
#21	HOST HOTELS & RESORTS INC (HST) - 1.07%	CISCO SYSTEMS INC (CSCO) - 0.65%
#22	OMEGA HEALTHCARE INVESTORS INC (OHI) - 1.06%	CITIGROUP INC (C) - 0.62%
#23	HEALTHPEAK PROPERTIES INC (DOC) - 1.02%	LAM RESEARCH CORP (LRCX) - 0.61%
#24	GAMING AND LEISURE PROPERTIES INC (GLPI) - 1.01%	BANK OF AMERICA CORP (BAC) - 0.56%
#25	LAMAR ADVERTISING CO CLASS A (LAMR) - 0.99%	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 0.55%
Total Holdings	131	506

FRI vs IQSZ - Historical Returns

Returns include dividend reinvestment.

Period	FRI	IQSZ
1 month	+1.37%	+1.94%
3 months	+4.56%	+9.21%
6 months	+13.63%	+12.88%
1 year	+17.57%	+26.18%
5 years(CAGR)	+4.87%	N/A
10 years(CAGR)	+5.94%	N/A
Max(CAGR)	+5.12%	+29.97%

FRI

+1.37%

Winner

IQSZ

+1.94%

FRI

+4.56%

Winner

IQSZ

+9.21%

Winner

FRI

+13.63%

IQSZ

+12.88%

FRI

+17.57%

Winner

IQSZ

+26.18%

5Y(CAGR)

FRI

+4.87%

IQSZ

N/A

10Y(CAGR)

FRI

+5.94%

IQSZ

N/A

Max(CAGR)

FRI

+5.12%

Winner

IQSZ

+29.97%

FRI vs IQSZ - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	FRI	IQSZ
2026	+14.27%	+10.58%
2025	+3.67%	+13.35%
2024	+6.78%	N/A
2023	+13.52%	N/A
2022	-24.21%	N/A
2021	+47.78%	N/A
2020	-6.50%	N/A
2019	+26.83%	N/A
2018	-3.95%	N/A
2017	+3.50%	N/A
2016	+9.19%	N/A
2015	+0.47%	N/A
2014	+30.00%	N/A
2013	+0.53%	N/A
2012	+16.38%	N/A
2011	+6.31%	N/A
2010	+28.60%	N/A
2009	+30.64%	N/A
2008	-38.19%	N/A
2007	-19.25%	N/A

FRI vs IQSZ Drawdown Comparison

The maximum drawdown for FRI was -71.97%, occurring on Mar 6, 2009. Recovery took 1284 trading sessions.

The maximum drawdown for IQSZ was -9.13%, occurring on Mar 30, 2026. Recovery took 33 trading sessions.

The current FRI drawdown is -1.01%. The current IQSZ drawdown is -3.05%.

Rank	FRI	IQSZ
#1	-71.97% May 30, 2007 - Jul 2, 2012	-9.13% Feb 25, 2026 - Apr 14, 2026
#2	-44.16% Feb 21, 2020 - Apr 21, 2021	-4.82% Nov 12, 2025 - Dec 3, 2025
#3	-31.25% Dec 31, 2021 - Feb 6, 2026	-3.39% Oct 6, 2025 - Oct 24, 2025
#4	-18.28% May 21, 2013 - Jun 5, 2014	-3.05% Jun 2, 2026 - Jun 5, 2026
#5	-17.40% Jan 26, 2015 - May 6, 2016	-2.86% Jul 23, 2025 - Aug 12, 2025
#6	-17.36% Aug 1, 2016 - Dec 6, 2018	-2.26% May 14, 2026 - May 26, 2026
#7	-13.16% Dec 6, 2018 - Jan 31, 2019	-2.24% Jan 12, 2026 - Jan 26, 2026
#8	-9.31% Sep 14, 2012 - Jan 15, 2013	-2.24% Jan 27, 2026 - Feb 6, 2026
#9	-7.58% Sep 5, 2014 - Oct 27, 2014	-2.03% Dec 11, 2025 - Dec 22, 2025
#10	-7.57% Mar 2, 2026 - Apr 16, 2026	-1.71% Oct 28, 2025 - Nov 11, 2025
#11	-7.06% Sep 2, 2021 - Oct 26, 2021	-1.52% Feb 11, 2026 - Feb 25, 2026
#12	-6.39% Oct 24, 2019 - Feb 10, 2020	-1.39% Sep 22, 2025 - Oct 1, 2025
#13	-5.83% May 9, 2016 - Jun 28, 2016	-1.35% Aug 22, 2025 - Sep 5, 2025
#14	-5.74% Nov 24, 2021 - Dec 8, 2021	-1.24% Apr 17, 2026 - Apr 30, 2026
#15	-5.66% May 11, 2007 - May 30, 2007	-1.19% Aug 14, 2025 - Aug 22, 2025

Correlation

Correlation between FRI and IQSZ is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2007 - 2026)

FRI vs IQSZ dividend yield comparison.

Year	FRI	IQSZ
2026	0.30%	0.39%
2025	2.99%	1.03%
2024	3.33%	0.00%
2023	3.24%	0.00%
2022	2.52%	0.00%
2021	1.44%	0.00%
2020	3.08%	0.00%
2019	2.28%	0.00%
2018	3.21%	0.00%
2017	2.82%	0.00%
2016	3.27%	0.00%
2015	2.66%	0.00%
2014	2.07%	0.00%
2013	3.10%	0.00%
2012	2.27%	0.00%
2011	2.20%	0.00%
2010	2.04%	0.00%
2009	2.34%	0.00%
2008	3.31%	0.00%
2007	2.37%	0.00%