ETF comparison

FRELvsXLRE

Both Real Estate.

Fidelity MSCI Real Estate Index ETF · State Street Real Estate Select Sector SPDR ETF

Holdings overlap

Weighted by ISIN/CUSIP
73.3%

31 positions appear in both funds. Buying equal dollars of FREL and XLRE would leave roughly73.3%of each dollar exposed to the same underlying securities.

FREL only 26.7%Shared 73.3%XLRE only 26.2%
In FREL only
97 positions
Shared
31 positions
In XLRE only
1 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%
XLRE

State Street Real Estate Select Sector SPDR ETF

State Street · Real Estate

77composite / 100
Expense ratio
0.080%
Net assets
$8.31B
TTM yield
3.26%
Top-10 conc.
59.1%

Sub-score comparison

92
Cost
92
56
Tax efficiency
56
64
Liquidity
97
46
Concentration
30
Tracking quality
FRELsub-scoreXLRE

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

Cost difference

Expense ratios are effectively identical (0.084% vs 0.080%).

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 XLRE.

Top shared holdings

31 shared in total
#HoldingIn FRELIn XLREOverlap
1Welltower Inc8.60%11.01%8.60%
2Prologis Inc8.19%8.68%8.19%
3American Tower Corp5.29%5.23%5.23%
4Equinix Inc4.72%7.06%4.72%
5Digital Realty Trust Inc4.32%4.53%4.32%
6Simon Property Group Inc4.28%4.98%4.28%
7Realty Income Corp3.70%4.55%3.70%
8Public Storage3.09%4.48%3.09%
9CBRE Group Inc2.75%4.08%2.75%
10Ventas Inc2.58%4.47%2.58%
11Crown Castle Inc2.50%3.42%2.50%
12Iron Mountain Inc2.42%3.89%2.42%

Only in FREL

97 total
  • Sun Communities Inc1.06%
  • WP Carey Inc1.05%
  • Jones Lang LaSalle Inc1.00%
  • Omega Healthcare Investors Inc0.87%
  • Gaming and Leisure Properties Inc0.87%
  • Lamar Advertising Co0.80%
  • Equity LifeStyle Properties Inc0.75%
  • American Homes 4 Rent0.69%
  • EastGroup Properties Inc0.67%
  • CubeSmart0.60%

Only in XLRE

1 total
  • State Street Global Advisors0.04%

Open FREL or XLRE 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.