ETF comparison
FRELvsVNQ
Both Real Estate.
Fidelity MSCI Real Estate Index ETF · Vanguard Real Estate Index Fund ETF Shares
Holdings overlap
127 positions appear in both funds. Buying equal dollars of FREL and VNQ would leave roughly83.5%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 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 thecost calculator pre-filled with FREL vs VNQ.
Top shared holdings
127 shared in total| # | Holding | In FREL | In VNQ | Overlap |
|---|---|---|---|---|
| 1 | Welltower Inc | 8.60% | 7.84% | 7.84% |
| 2 | Prologis Inc | 8.19% | 7.00% | 7.00% |
| 3 | Equinix Inc | 4.72% | 5.64% | 4.72% |
| 4 | American Tower Corp | 5.29% | 4.54% | 4.54% |
| 5 | Digital Realty Trust Inc | 4.32% | 3.66% | 3.66% |
| 6 | Simon Property Group Inc | 4.28% | 3.53% | 3.53% |
| 7 | Realty Income Corp | 3.70% | 3.11% | 3.11% |
| 8 | Public Storage | 3.09% | 2.54% | 2.54% |
| 9 | CBRE Group Inc | 2.75% | 2.25% | 2.25% |
| 10 | Ventas Inc | 2.58% | 2.19% | 2.19% |
| 11 | Crown Castle Inc | 2.50% | 2.05% | 2.05% |
| 12 | Iron Mountain Inc | 2.42% | 1.98% | 1.98% |
Only in FREL
1 total- State Street Global Advisors0.17%
Only in VNQ
19 total- Vanguard Real Estate II Index Fund14.63%
- Zillow Group Inc0.11%
- Innovative Industrial Properties Inc0.08%
- Service Properties Trust0.05%
- Peakstone Realty Trust0.04%
- CTO Realty Growth Inc0.03%
- Summit Hotel Properties Inc0.03%
- Universal Health Realty Income Trust0.03%
- Community Healthcare Trust Inc0.03%
- Chiron Real Estate Inc0.02%
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 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.