Tearsheet

Federal Realty Investment Trust (FRT)


Market Price (12/25/2025): $102.25 | Market Cap: $8.8 Bil
Sector: Real Estate | Industry: Retail REITs

Federal Realty Investment Trust (FRT)


Market Price (12/25/2025): $102.25
Market Cap: $8.8 Bil
Sector: Real Estate
Industry: Retail REITs

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 48%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 27%
Weak multi-year price returns
2Y Excs Rtn is -40%, 3Y Excs Rtn is -67%
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 53%
1 Low stock price volatility
Vol 12M is 24%
  Key risks
FRT key risks include [1] potential cost overruns or delays in its aggressive, Show more.
2 Megatrend and thematic drivers
Megatrends include Experience Economy & Premiumization, E-commerce & Digital Retail, and Sustainable & Green Buildings. Themes include Experiential Retail, Show more.
  
0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 48%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 27%
1 Low stock price volatility
Vol 12M is 24%
2 Megatrend and thematic drivers
Megatrends include Experience Economy & Premiumization, E-commerce & Digital Retail, and Sustainable & Green Buildings. Themes include Experiential Retail, Show more.
3 Weak multi-year price returns
2Y Excs Rtn is -40%, 3Y Excs Rtn is -67%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 53%
5 Key risks
FRT key risks include [1] potential cost overruns or delays in its aggressive, Show more.

Valuation, Metrics & Events

FRT Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

Here are the key points for why Federal Realty Investment Trust (FRT) stock moved positively from approximately August 31, 2025, to December 25, 2025: 1. Strong Third Quarter 2025 Earnings Exceeded Expectations.

Federal Realty Investment Trust reported Funds from Operations (FFO) per share of $1.77 for the third quarter of 2025, which was above consensus estimates and at the top end of their guidance range. This strong performance was also accompanied by comparable property operating income (POI) growth of 4.4% on a GAAP basis and 3.7% on a cash basis, both surpassing expectations.

2. Increased Company Guidance and Positive Outlook.

Following the robust third-quarter results, Federal Realty increased its guidance for both 2025 FFO per share and comparable POI growth. The company also provided an implied FFO guidance for the fourth quarter of 2025 of $1.82 to $1.88, indicating a 7% year-over-year growth at the midpoint. Management expressed expectations for a strong operational year in 2026 and anticipated another year of meaningful growth.

Show more

Stock Movement Drivers

Fundamental Drivers

The 3.2% change in FRT stock from 9/24/2025 to 12/24/2025 was primarily driven by a 3.0% change in the company's P/E Multiple.
924202512242025Change
Stock Price ($)99.13102.333.23%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)1235.751254.371.51%
Net Income Margin (%)28.01%27.65%-1.29%
P/E Multiple24.6225.363.03%
Shares Outstanding (Mil)85.9785.98-0.01%
Cumulative Contribution3.23%

LTM = Last Twelve Months as of date shown

Market Drivers

9/24/2025 to 12/24/2025
ReturnCorrelation
FRT3.2% 
Market (SPY)4.4%16.6%
Sector (XLRE)-2.7%74.0%

Fundamental Drivers

The 11.7% change in FRT stock from 6/25/2025 to 12/24/2025 was primarily driven by a 11.6% change in the company's Net Income Margin (%).
625202512242025Change
Stock Price ($)91.59102.3311.72%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)1220.281254.372.79%
Net Income Margin (%)24.77%27.65%11.65%
P/E Multiple25.9025.36-2.07%
Shares Outstanding (Mil)85.4785.98-0.59%
Cumulative Contribution11.72%

LTM = Last Twelve Months as of date shown

Market Drivers

6/25/2025 to 12/24/2025
ReturnCorrelation
FRT11.7% 
Market (SPY)14.0%24.1%
Sector (XLRE)-1.2%74.1%

Fundamental Drivers

The -5.1% change in FRT stock from 12/24/2024 to 12/24/2025 was primarily driven by a -17.8% change in the company's P/E Multiple.
1224202412242025Change
Stock Price ($)107.87102.33-5.14%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)1182.821254.376.05%
Net Income Margin (%)24.84%27.65%11.34%
P/E Multiple30.8425.36-17.76%
Shares Outstanding (Mil)83.9985.98-2.36%
Cumulative Contribution-5.19%

LTM = Last Twelve Months as of date shown

Market Drivers

12/24/2024 to 12/24/2025
ReturnCorrelation
FRT-5.1% 
Market (SPY)15.8%59.1%
Sector (XLRE)1.4%79.1%

Fundamental Drivers

The 13.8% change in FRT stock from 12/25/2022 to 12/24/2025 was primarily driven by a 34.4% change in the company's P/E Multiple.
1225202212242025Change
Stock Price ($)89.90102.3313.82%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)1048.471254.3719.64%
Net Income Margin (%)36.69%27.65%-24.64%
P/E Multiple18.8725.3634.39%
Shares Outstanding (Mil)80.7785.98-6.45%
Cumulative Contribution13.35%

LTM = Last Twelve Months as of date shown

Market Drivers

12/25/2023 to 12/24/2025
ReturnCorrelation
FRT7.2% 
Market (SPY)48.9%49.8%
Sector (XLRE)7.8%76.5%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
FRT Return-31%66%-23%7%12%-6%0%
Peers Return-23%61%-10%15%18%-5%43%
S&P 500 Return16%27%-19%24%23%18%115%

Monthly Win Rates [3]
FRT Win Rate33%92%33%58%50%42% 
Peers Win Rate43%73%40%55%65%45% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
FRT Max Drawdown-48%-3%-33%-14%-5%-24% 
Peers Max Drawdown-59%-4%-26%-11%-12%-18% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: REG, KIM, BRX, KRG, UE. See FRT Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/24/2025 (YTD)

How Low Can It Go

Unique KeyEventFRTS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-38.4%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven62.2%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-49.8%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven99.2%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven581 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-25.6%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven34.4%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-59.2%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven145.2%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1,066 days1,480 days

Compare to KIM, REG, BRX, RPT, SPG

In The Past

Federal Realty Investment Trust's stock fell -38.4% during the 2022 Inflation Shock from a high on 1/4/2022. A -38.4% loss requires a 62.2% gain to breakeven.

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Asset Allocation

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About Federal Realty Investment Trust (FRT)

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty's 106 properties include approximately 3,100 tenants, in 25 million square feet, and approximately 3,200 residential units. Federal Realty has increased its quarterly dividends to its shareholders for 54 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.federalrealty.com.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe Federal Realty Investment Trust (FRT):

  • Shopify for desirable brick-and-mortar retail locations.

  • Marriott, but for high-end shopping centers and mixed-use developments instead of hotels.

  • The Coca-Cola of high-quality, dividend-paying retail real estate.

AI Analysis | Feedback

  • Retail Space Leasing: Provides commercial spaces within shopping centers and mixed-use properties for various retail businesses to operate.
  • Office Space Leasing: Offers office environments within its mixed-use developments and commercial properties to businesses and professionals.
  • Residential Leasing: Manages and rents apartment units primarily located within its transit-oriented, mixed-use communities.

AI Analysis | Feedback

Federal Realty Investment Trust (FRT) sells primarily to other companies, specifically businesses that lease retail, restaurant, and service space within its shopping centers and mixed-use properties. The company maintains a highly diversified tenant base, a common strategy for Real Estate Investment Trusts (REITs) to mitigate risk.

Based on their 2023 annual report (10-K), no single tenant accounts for more than 3% of Federal Realty's annual minimum rent. However, the largest customer companies by percentage of annual minimum rent are:

  • The TJX Companies, Inc. (TJX) (includes T.J. Maxx, Marshalls, HomeGoods, Sierra)
  • Ahold Delhaize (ADRNY) (includes Giant, Stop & Shop, Food Lion)
  • The Home Depot, Inc. (HD)
  • Amazon.com, Inc. (AMZN) (primarily Whole Foods Market)
  • Target Corporation (TGT)

AI Analysis | Feedback

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AI Analysis | Feedback

The management team members of Federal Realty Investment Trust are as follows:

Donald C. Wood, President and Chief Executive Officer

Donald C. Wood joined Federal Realty Investment Trust in 1998, having previously held positions as Chief Financial Officer, Chief Operating Officer, and President before being appointed Chief Executive Officer in 2002. Prior to his tenure at Federal Realty, Mr. Wood spent eight years at ITT Corporation, where his roles included Deputy Controller and Chief Financial Officer of its subsidiary, Caesars World, Inc. He began his career with seven years at Arthur Andersen, followed by a role as Vice President of Finance for the Trump Taj Mahal casino. Mr. Wood is a past chair of the National Association of Real Estate Investment Trusts (NAREIT) and has served on the board and chaired the Investment and Strategic Advisory Committee of Post Properties.

Dan Guglielmone, Executive Vice President, Chief Financial Officer and Treasurer

Dan Guglielmone assumed the role of Executive Vice President, Chief Financial Officer, and Treasurer at Federal Realty Investment Trust in August 2016. Before joining Federal Realty, Mr. Guglielmone served as Senior Vice President in Acquisitions & Capital Markets at Vornado Realty Trust from 2003 to 2016. His career also includes a decade in Investment Banking within the Real Estate and Lodging Group at Salomon Smith Barney/Citigroup, where he held the position of Director. Additionally, he was a member of the Toys "R" Us Board from 2013 to 2015.

Dawn Becker, Executive Vice President, Chief Legal Officer, Chief Administrative Officer and Secretary

Dawn Becker holds the titles of Executive Vice President, Chief Legal Officer, Chief Administrative Officer, and Secretary at Federal Realty Investment Trust.

Porter Bellew, Senior Vice President, Chief Information Officer

Porter Bellew serves as the Senior Vice President and Chief Information Officer for Federal Realty Investment Trust.

Stuart Biel, Senior Vice President, Regional Leasing

Stuart Biel is the Senior Vice President of Regional Leasing at Federal Realty Investment Trust.

AI Analysis | Feedback

Key Risks to Federal Realty Investment Trust (FRT)

  1. Retail Market Volatility and Economic Sensitivity: Federal Realty Investment Trust's operations are highly susceptible to the volatility of the retail market and broader economic conditions. Factors such as inflation, interest rates, and evolving consumer spending habits, including the continued shift towards e-commerce, can significantly impact tenant solvency, occupancy rates, and, consequently, FRT's revenue streams. Despite a high-quality portfolio in affluent areas, the company faces ongoing competitive pressures within the retail REIT sector.
  2. High Levels of Debt and Interest Rate Risk: FRT maintains substantial debt, including mortgages payable and senior notes. While the company has focused on long-term, fixed-rate debt to mitigate some exposure, high debt levels inherently limit financial flexibility. In an environment of rising interest rates, borrowing costs could increase, potentially impacting profitability and the cost of funding new acquisitions or redevelopment projects. REITs, in general, are sensitive to interest rate fluctuations.
  3. Redevelopment and Project Execution Risks: A significant portion of Federal Realty Investment Trust's long-term growth strategy relies on aggressive redevelopment projects, particularly large-scale mixed-use developments that expand beyond its traditional retail focus into residential and office segments. These projects carry inherent risks, including potential construction delays, cost overruns, and the risk that these non-retail segments may not perform as expected, impacting the company's ability to achieve its growth targets.

AI Analysis | Feedback

The widespread and increasing adoption of on-demand delivery services (e.g., Instacart, DoorDash, Uber Eats) for groceries, meals, and other retail goods represents an emerging threat. While these services can boost sales for individual tenants within Federal Realty Investment Trust's properties, they reduce the necessity for consumers to physically visit the shopping centers for many of their needs. This diminishes overall foot traffic, particularly for "discovery" or "incidental" shopping at non-essential retailers (boutiques, specialty stores, cafes) that rely on traffic generated by anchor tenants. This erosion of incidental foot traffic and mixed-use synergy could lead to decreased demand for peripheral retail spaces, impacting occupancy rates and rental growth across FRT's properties.

AI Analysis | Feedback

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AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Federal Realty Investment Trust (FRT) over the next 2-3 years:

  1. Increased Rents and Positive Leasing Spreads: Federal Realty is expected to drive revenue growth through contractual rent escalations on existing leases and by achieving positive leasing spreads on new leases and renewals. The company has consistently reported strong comparable rent growth and positive leasing spreads, particularly on new leases, indicating an ability to capture higher market rents.
  2. Occupancy Rate Growth: Future revenue growth will be fueled by the company's ability to increase occupancy rates across its portfolio. As vacant spaces are leased up, particularly in its high-quality retail and mixed-use properties, FRT will generate additional rental income.
  3. Completion and Stabilization of Redevelopment Projects: A significant driver of future revenue will come from the completion and stabilization of Federal Realty's substantial redevelopment and development pipeline. These projects, which often involve adding residential units, new retail, or modernizing existing centers, are designed to generate incremental net operating income upon their delivery and lease-up.

AI Analysis | Feedback

I am sorry, but I do not have enough information to provide a comprehensive summary of Federal Realty Investment Trust's capital allocation decisions across all specified categories for the last 3-5 years. My search results did not yield sufficient details for "Inbound Investments" and "Outbound Investments" for the requested period. For the other categories, while some general information was found, precise dollar amounts and specific authorizations for share repurchases, and detailed breakdowns for capital expenditures over the entire 3-5 year period were not consistently available in the snippets to meet the criteria of 3 or fewer significant points with exact figures. I am unable to fulfill the request without the necessary specific data for each category.

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Trade Ideas

Select ideas related to FRT. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
MPW_10312025_Short_Squeeze10312025MPWMedical Properties TrustSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
-0.7%-0.7%-5.8%
FRT_3312020_Dip_Buyer_ValueBuy03312020FRTFederal Realty Investment TrustDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
0.3%42.5%-11.8%

Recent Active Movers

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Peer Comparisons for Federal Realty Investment Trust

Peers to compare with:

Financials

FRTREGKIMBRXKRGUEMedian
NameFederal .Regency .Kimco Re.Brixmor .Kite Rea.Urban Ed. 
Mkt Price102.3369.5520.4226.3624.0319.4025.20
Mkt Cap8.812.713.88.15.32.48.4
Rev LTM1,2541,5222,0951,3468574691,300
Op Inc LTM451571692481199125466
FCF LTM3368151,065635286184485
FCF 3Y Avg2767541,008606268163441
CFO LTM5978151,065635434184616
CFO 3Y Avg5727541,008606418163589

Growth & Margins

FRTREGKIMBRXKRGUEMedian
NameFederal .Regency .Kimco Re.Brixmor .Kite Rea.Urban Ed. 
Rev Chg LTM6.0%5.6%10.2%5.7%3.6%5.3%5.7%
Rev Chg 3Y Avg6.2%8.1%8.3%3.8%4.1%3.5%5.1%
Rev Chg Q6.1%7.6%5.0%6.3%-1.1%6.8%6.2%
QoQ Delta Rev Chg LTM1.5%1.8%1.2%1.5%-0.3%1.7%1.5%
Op Mgn LTM36.0%37.5%33.0%35.7%23.2%26.7%34.4%
Op Mgn 3Y Avg35.1%36.1%32.7%36.1%19.2%26.6%33.9%
QoQ Delta Op Mgn LTM-0.2%0.6%0.3%0.2%0.4%1.1%0.3%
CFO/Rev LTM47.6%53.6%50.8%47.2%50.7%39.3%49.1%
CFO/Rev 3Y Avg48.2%53.3%52.8%47.2%49.9%37.1%49.1%
FCF/Rev LTM26.8%53.6%50.8%47.2%33.4%39.3%43.2%
FCF/Rev 3Y Avg23.1%53.3%52.8%47.2%32.0%37.1%42.1%

Valuation

FRTREGKIMBRXKRGUEMedian
NameFederal .Regency .Kimco Re.Brixmor .Kite Rea.Urban Ed. 
Mkt Cap8.812.713.88.15.32.48.4
P/S7.08.36.66.06.25.26.4
P/EBIT16.420.317.414.619.112.716.9
P/E25.430.823.024.437.821.924.9
P/CFO14.715.512.912.812.113.213.1
Total Yield3.9%7.2%4.3%8.4%7.1%8.4%7.2%
Dividend Yield0.0%4.0%0.0%4.3%4.5%3.8%3.9%
FCF Yield 3Y Avg3.2%6.1%7.6%8.0%5.3%7.1%6.6%
D/E0.50.40.60.70.60.70.6
Net D/E0.50.40.60.60.60.70.6

Returns

FRTREGKIMBRXKRGUEMedian
NameFederal .Regency .Kimco Re.Brixmor .Kite Rea.Urban Ed. 
1M Rtn5.3%-1.2%1.1%1.2%5.4%3.5%2.4%
3M Rtn3.2%-1.5%-4.4%-2.4%9.9%-1.8%-1.6%
6M Rtn11.7%1.4%0.4%5.8%10.2%7.4%6.6%
12M Rtn-5.1%-2.8%-9.3%-0.7%-0.2%-6.5%-4.0%
3Y Rtn13.8%25.6%11.0%34.4%31.7%54.0%28.7%
1M Excs Rtn2.0%-4.6%-2.2%-2.2%2.1%0.1%-1.0%
3M Excs Rtn-1.7%-6.0%-8.7%-8.2%5.6%-6.9%-6.4%
6M Excs Rtn-2.5%-12.2%-13.4%-9.0%-4.8%-8.2%-8.6%
12M Excs Rtn-21.3%-18.8%-25.4%-16.4%-16.4%-23.3%-20.0%
3Y Excs Rtn-66.6%-55.4%-69.0%-43.9%-49.0%-27.7%-52.2%

Financials

Segment Financials

Revenue by Segment
$ Mil20242023202220212020
Single Segment1,132    
Mortgage interest income 1233
Rental income 1,073949832933
Total1,1321,074951835936


Price Behavior

Price Behavior
Market Price$102.33 
Market Cap ($ Bil)8.8 
First Trading Date12/29/2006 
Distance from 52W High-5.3% 
   50 Days200 Days
DMA Price$98.32$95.29
DMA Trendindeterminateindeterminate
Distance from DMA4.1%7.4%
 3M1YR
Volatility16.5%23.6%
Downside Capture2.2169.51
Upside Capture16.5954.03
Correlation (SPY)16.1%59.1%
FRT Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta0.110.280.330.510.740.74
Up Beta-0.370.690.791.000.880.75
Down Beta-0.380.420.370.400.680.74
Up Capture63%-1%12%35%41%34%
Bmk +ve Days12253873141426
Stock +ve Days10193059120377
Down Capture11%21%25%44%83%94%
Bmk -ve Days7162452107323
Stock -ve Days9223265126367

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 Comparison of FRT With Other Asset Classes (Last 1Y)
 FRTSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-2.4%4.4%19.2%71.9%8.9%6.0%-10.4%
Annualized Volatility23.6%16.9%19.5%19.3%15.3%17.1%35.0%
Sharpe Ratio-0.160.090.782.690.360.18-0.12
Correlation With Other Assets 79.3%59.3%3.1%21.1%82.5%14.2%

ETFs used for asset classes: Sector ETF = XLRE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
 Comparison of FRT With Other Asset Classes (Last 5Y)
 FRTSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return6.8%5.5%14.9%18.7%11.7%4.8%32.6%
Annualized Volatility24.1%19.1%17.1%15.5%18.7%18.9%48.7%
Sharpe Ratio0.260.200.700.970.510.170.59
Correlation With Other Assets 75.4%56.8%9.4%19.1%79.3%19.8%

ETFs used for asset classes: Sector ETF = XLRE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
 Comparison of FRT With Other Asset Classes (Last 10Y)
 FRTSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-0.0%6.2%14.7%14.9%6.9%5.2%69.2%
Annualized Volatility29.4%20.6%18.0%14.8%17.6%20.8%55.8%
Sharpe Ratio0.050.270.700.830.310.220.90
Correlation With Other Assets 71.9%54.4%3.1%22.9%77.2%10.5%

ETFs used for asset classes: Sector ETF = XLRE, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date12152025
Short Interest: Shares Quantity2,176,190
Short Interest: % Change Since 1130202515.2%
Average Daily Volume674,768
Days-to-Cover Short Interest3.23
Basic Shares Quantity85,978,000
Short % of Basic Shares2.5%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/31/20251.4%1.1%2.9%
8/6/2025-0.9%1.5%10.2%
5/8/2025-1.8%1.6%1.6%
2/13/2025-6.1%-6.8%-12.4%
10/30/2024-3.0%-1.0%2.1%
8/1/2024-0.3%-0.4%2.0%
5/2/2024-2.8%-2.2%-3.5%
2/12/20240.3%-1.3%1.6%
...
SUMMARY STATS   
# Positive121315
# Negative12119
Median Positive2.2%1.8%7.0%
Median Negative-2.9%-2.2%-6.2%
Max Positive6.0%18.3%36.4%
Max Negative-6.1%-10.5%-12.4%

SEC Filings

Expand for More
Report DateFiling DateFiling
93020251031202510-Q 9/30/2025
6302025806202510-Q 6/30/2025
3312025508202510-Q 3/31/2025
12312024213202510-K 12/31/2024
93020241030202410-Q 9/30/2024
6302024801202410-Q 6/30/2024
3312024502202410-Q 3/31/2024
12312023212202410-K 12/31/2023
93020231102202310-Q 9/30/2023
6302023802202310-Q 6/30/2023
3312023504202310-Q 3/31/2023
12312022208202310-K 12/31/2022
93020221103202210-Q 9/30/2022
6302022804202210-Q 6/30/2022
3312022505202210-Q 3/31/2022
12312021210202210-K 12/31/2021