ETF comparison

FRELvsSCHH

Both Real Estate.

Fidelity MSCI Real Estate Index ETF · Schwab U.S. REIT ETF

Holdings overlap

Weighted by ISIN/CUSIP
91.7%

108 positions appear in both funds. Buying equal dollars of FREL and SCHH would leave roughly91.7%of each dollar exposed to the same underlying securities.

FREL only 8.2%Shared 91.7%SCHH only 8.2%
In FREL only
20 positions
Shared
108 positions
In SCHH only
10 positions

Side by side

FREL

Fidelity MSCI Real Estate Index ETF

Fidelity · Real Estate

71composite / 100
Expense ratio
0.084%
Net assets
$1.48B
TTM yield
3.38%
Top-10 conc.
47.5%
SCHH

Schwab U.S. REIT ETF

Schwab · Real Estate

80composite / 100
Expense ratio
0.070%
Net assets
$11.20B
TTM yield
2.87%
Top-10 conc.
49.7%

Sub-score comparison

92
Cost
93
56
Tax efficiency
57
64
Liquidity
100
46
Concentration
43
Tracking quality
FRELsub-scoreSCHH

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

SCHH is 1 bps cheaper than FREL. On a $100,000 position that's about $14/yr more in fees for FREL.

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 SCHH.

Top shared holdings

108 shared in total
#HoldingIn FRELIn SCHHOverlap
1Welltower Inc8.60%9.62%8.60%
2Prologis Inc8.19%8.95%8.19%
3Equinix Inc4.72%4.88%4.72%
4American Tower Corp5.29%4.34%4.34%
5Digital Realty Trust Inc4.32%4.35%4.32%
6Simon Property Group Inc4.28%4.47%4.28%
7Realty Income Corp3.70%4.00%3.70%
8Public Storage3.09%3.40%3.09%
9Ventas Inc2.58%2.84%2.58%
10Crown Castle Inc2.50%2.82%2.50%
11Iron Mountain Inc2.42%2.69%2.42%
12VICI Properties Inc2.04%2.18%2.04%

Only in FREL

20 total
  • CBRE Group Inc2.75%
  • Jones Lang LaSalle Inc1.00%
  • CoStar Group Inc0.95%
  • Zillow Group Inc0.47%
  • Opendoor Technologies Inc0.31%
  • Compass Inc0.30%
  • St Joe Co/The0.18%
  • State Street Global Advisors0.17%
  • Newmark Group Inc0.16%
  • Howard Hughes Holdings Inc0.14%

Only in SCHH

10 total
  • State Street Institutional US Government Money Market Fund0.16%
  • Innovative Industrial Properties Inc0.12%
  • Service Properties Trust0.07%
  • Summit Hotel Properties Inc0.04%
  • CTO Realty Growth Inc0.04%
  • Chiron Real Estate Inc0.03%
  • Community Healthcare Trust Inc0.03%
  • Farmland Partners Inc0.03%
  • Gladstone Land Corp0.02%
  • SITE Centers Corp0.02%

Open FREL or SCHH 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.