ETF comparison
FREL vs VNQ
Both Real Estate.
Fidelity MSCI Real Estate Index ETF · Vanguard Real Estate Index Fund ETF Shares
Holdings overlap
122 positions appear in both funds. Buying equal dollars of FREL and VNQ would leave roughly 84.6% 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 5 bps cheaper than VNQ. On a $100,000 position that's about $46/yr more in fees for VNQ.
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 VNQ.
Top shared holdings
122 shared in total| # | Holding | In FREL | In VNQ | Overlap |
|---|---|---|---|---|
| 1 | Welltower Inc | 9.08% | 8.51% | 8.51% |
| 2 | Prologis Inc | 7.94% | 7.01% | 7.01% |
| 3 | Equinix Inc | 5.24% | 5.23% | 5.23% |
| 4 | American Tower Corp | 4.10% | 4.20% | 4.10% |
| 5 | Simon Property Group Inc | 4.69% | 3.88% | 3.88% |
| 6 | Digital Realty Trust Inc | 3.95% | 3.37% | 3.37% |
| 7 | Realty Income Corp | 3.63% | 3.08% | 3.08% |
| 8 | Public Storage | 3.43% | 2.83% | 2.83% |
| 9 | Ventas Inc | 2.71% | 2.31% | 2.31% |
| 10 | CBRE Group Inc | 2.75% | 2.25% | 2.25% |
| 11 | Iron Mountain Inc | 2.29% | 1.89% | 1.89% |
| 12 | Crown Castle Inc | 2.09% | 1.73% | 1.73% |
Only in FREL
0 totalEvery FREL position is also held by VNQ.
Only in VNQ
19 total- Vanguard Real Estate II Index Fund 14.50%
- Innovative Industrial Properties Inc 0.09%
- Hudson Pacific Properties Inc 0.04%
- Summit Hotel Properties Inc 0.04%
- CTO Realty Growth Inc 0.04%
- Chatham Lodging Trust 0.03%
- Universal Health Realty Income Trust 0.03%
- AH Realty Trust Inc 0.03%
- Community Healthcare Trust Inc 0.03%
- Industrial Logistics Properties Trust 0.02%
Related comparisons
More comparisons with FREL
- FREL vs USRT · iShares Core U.S. REIT ETF 83.5%
- FREL vs RWR · State Street SPDR Dow Jones REIT ETF 75.9%
- 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%
More comparisons with VNQ
- VNQ vs SCHH · Schwab U.S. REIT ETF 79.2%
- VNQ vs IYR · iShares U.S. Real Estate ETF 73.8%
- VNQ vs USRT · iShares Core U.S. REIT ETF 71.6%
- VNQ vs REET · iShares Global REIT ETF 70.0%
- VNQ vs RWR · State Street SPDR Dow Jones REIT ETF 64.7%
- VNQ vs XLRE · State Street Real Estate Select Sector SPDR ETF 62.8%
Percentages are holdings overlap with the named fund.
Open FREL or VNQ 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.