ETF comparison
FRELvsIYR
Both Real Estate.
Fidelity MSCI Real Estate Index ETF · iShares U.S. Real Estate ETF
Holdings overlap
56 positions appear in both funds. Buying equal dollars of FREL and IYR would leave roughly85.6%of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — seewhat we don't scorefor why.
Cost difference
FREL is 29 bps cheaper than IYR. On a $100,000 position that's about $286/yr more in fees for IYR.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with FREL vs IYR.
Top shared holdings
56 shared in total| # | Holding | In FREL | In IYR | Overlap |
|---|---|---|---|---|
| 1 | Welltower Inc | 8.60% | 10.82% | 8.60% |
| 2 | Prologis Inc | 8.19% | 8.72% | 8.19% |
| 3 | Equinix Inc | 4.72% | 4.55% | 4.55% |
| 4 | Digital Realty Trust Inc | 4.32% | 4.38% | 4.32% |
| 5 | Simon Property Group Inc | 4.28% | 4.77% | 4.28% |
| 6 | American Tower Corp | 5.29% | 3.85% | 3.85% |
| 7 | Realty Income Corp | 3.70% | 4.27% | 3.70% |
| 8 | Public Storage | 3.09% | 3.72% | 3.09% |
| 9 | CBRE Group Inc | 2.75% | 2.91% | 2.75% |
| 10 | Ventas Inc | 2.58% | 3.19% | 2.58% |
| 11 | Crown Castle Inc | 2.50% | 2.44% | 2.44% |
| 12 | Iron Mountain Inc | 2.42% | 2.78% | 2.42% |
Only in FREL
72 total- CareTrust REIT Inc0.57%
- American Healthcare REIT Inc0.57%
- Terreno Realty Corp0.43%
- Rayonier Inc0.42%
- Ryman Hospitality Properties Inc0.39%
- Essential Properties Realty Trust Inc0.39%
- Kite Realty Group Trust0.38%
- Macerich Co/The0.36%
- Phillips Edison & Co Inc0.33%
- Opendoor Technologies Inc0.31%
Only in IYR
5 total- ANNALY CAPITAL MANAGEMENT, INC.1.21%
- AGNC INVESTMENT CORP.0.92%
- STARWOOD PROPERTY TRUST, INC.0.42%
- RITHM CAPITAL CORP.0.39%
- ZILLOW GROUP, INC.0.10%
Open FREL or IYR at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodologyand funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.