ETF comparison
FREL vs RWR
Both Real Estate.
Fidelity MSCI Real Estate Index ETF · State Street SPDR Dow Jones REIT ETF
Holdings overlap
87 positions appear in both funds. Buying equal dollars of FREL and RWR would leave roughly 75.9% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
FREL is 17 bps cheaper than RWR. On a $100,000 position that's about $166/yr more in fees for RWR.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with FREL vs RWR.
Top shared holdings
87 shared in total| # | Holding | In FREL | In RWR | Overlap |
|---|---|---|---|---|
| 1 | Welltower Inc | 9.08% | 10.57% | 9.08% |
| 2 | Prologis Inc | 7.94% | 9.15% | 7.94% |
| 3 | Simon Property Group Inc | 4.69% | 4.66% | 4.66% |
| 4 | Equinix Inc | 5.24% | 4.45% | 4.45% |
| 5 | Digital Realty Trust Inc | 3.95% | 4.40% | 3.95% |
| 6 | Realty Income Corp | 3.63% | 4.42% | 3.63% |
| 7 | Public Storage | 3.43% | 4.36% | 3.43% |
| 8 | Ventas Inc | 2.71% | 4.06% | 2.71% |
| 9 | Extra Space Storage Inc | 1.99% | 2.88% | 1.99% |
| 10 | AvalonBay Communities Inc | 1.68% | 2.46% | 1.68% |
| 11 | Equity Residential | 1.46% | 2.18% | 1.46% |
| 12 | Essex Property Trust Inc | 1.16% | 1.76% | 1.16% |
Only in FREL
35 total- American Tower Corp 4.10%
- CBRE Group Inc 2.75%
- Iron Mountain Inc 2.29%
- Crown Castle Inc 2.09%
- VICI Properties Inc 1.79%
- SBA Communications Corp 1.24%
- Weyerhaeuser Co 1.16%
- Jones Lang LaSalle Inc 1.07%
- Lamar Advertising Co 0.89%
- Gaming and Leisure Properties Inc 0.78%
Only in RWR
12 total- National Storage Affiliates Trust 0.30%
- Innovative Industrial Properties Inc 0.17%
- Sila Realty Trust Inc 0.16%
- Service Properties Trust 0.10%
- Hudson Pacific Properties Inc 0.08%
- Summit Hotel Properties Inc 0.07%
- Universal Health Realty Income Trust 0.05%
- Community Healthcare Trust Inc 0.04%
- Chiron Real Estate Inc 0.04%
- Fermi Inc 0.03%
Related comparisons
More comparisons with FREL
- FREL vs XLRE · State Street Real Estate Select Sector SPDR ETF 72.7%
- FREL vs REZ · iShares Residential and Multisector Real Estate ETF 33.8%
- FREL vs SCHH · Schwab U.S. REIT ETF 91.8%
- FREL vs IYR · iShares U.S. Real Estate ETF 86.4%
- FREL vs VNQ · Vanguard Real Estate Index Fund ETF Shares 84.6%
- FREL vs USRT · iShares Core U.S. REIT ETF 83.5%
More comparisons with RWR
- RWR vs IYR · iShares U.S. Real Estate ETF 74.0%
- RWR vs XLRE · State Street Real Estate Select Sector SPDR ETF 68.4%
- RWR vs VNQ · Vanguard Real Estate Index Fund ETF Shares 64.7%
- RWR vs REZ · iShares Residential and Multisector Real Estate ETF 46.0%
- RWR vs USRT · iShares Core U.S. REIT ETF 88.2%
- RWR vs SCHH · Schwab U.S. REIT ETF 80.5%
Percentages are holdings overlap with the named fund.
Open FREL or RWR 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 methodology and 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.