DTRE ETF — First Trust Exchange-Traded Fund II - First Trust Alerian Disruptive Technology Real Estate ETF

First Trust Exchange-Traded Fund II - First Trust Alerian Disruptive Technology Real Estate ETF (DTRE)

DTRE is an ETF. As of August 20, 2026, its distribution rate is 3.19%, its trailing-12-month yield is 3.65%, its expense ratio is 0.60%. Dividend Vision Distribution Safety Score™ is 78/100 (Generally safe). Fund total return is 59.0% over the past 19 years, 587.3 points behind SPY at 646.3%.

At the current 3.19% distribution rate, a $10,000 investment would generate approximately $319 per year, or $26.58 per month on an equivalent basis. Actual quarterly payments vary.

First Trust Alerian Disruptive Technology Real Estate ETF is an exchange-traded fund that tracks an index of companies owning, operating, and leasing real estate supporting digital infrastructure—including data centers, wireless networks, and e-commerce warehouses—investing at least 90% of assets in common stocks, REITs, and depository receipts that comprise the index. The fund carries a modest current distribution rate and makes quarterly distributions, with an expense ratio of 0.60%. It appeals to income investors seeking exposure to the intersection of real estate and technology infrastructure.

DTRE performance versus SPY

Data as of August 20, 2026.

Fund total return is 59.0% over the past 19 years, 587.3 points behind SPY at 646.3%. Its deepest 1-year drawdown was 9.6%.

DTRE key facts

Data as of August 20, 2026.

Distribution Safety Score™

78 · Generally safe

Safety-Adjusted Yield

2.49%

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

08/27/2007

Expense ratio

0.60%

Distribution rate

3.19%

Distribution frequency

Quarterly

Trailing yield

3.65%

Last close

$42.85

AUM

$14,689,010

Average volume

909.0

Last dividend

$0.3420

Ex-dividend date

06/25/2026

Payment date

06/30/2026

Beta

1.02

P/E ratio

24.6999

How Dividend Vision calculates yield and returns

Distribution rate (3.19%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.65%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 20, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 20, 2026.

Primary sources: First Trust fund page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

DTRE risks and drawbacks

DTRE's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 9.6%.

Who may consider DTRE — and who may not

DTRE may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (DTRE pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from First Trust.