FREL
Real EstateFidelity MSCI Real Estate Index ETF
Fidelity · Tracks MSCI USA IMI Real Estate 25/50 Index · Inception Feb 2, 2015
Trailing returns
through Oct 23, 2026- 1 year
- +7.6%
- 3 year
- +12.5%
- annualized
- 5 year
- +0.4%
- annualized
Price return from month-end closes, distributions reinvested at month end. Excludes trading costs, bid-ask spreads and taxes. Past performance says nothing about future returns and is not part of the composite score — see the methodology for what the score does measure.
Composite score
Based on a 0.084% expense ratio.
Based on $1.35B in net assets.
Top-10 holdings represent 47.5% of net assets.
Real Estate base · ETF wrapper · 3.45% TTM yield.
The composite is a weighted average of the four core sub-scores above (cost, tax efficiency, liquidity, concentration). Missing sub-scores fall back to the per-category median when the category has at least 50% data coverage, so funds without (e.g.) parsed N-PORT holdings aren't accidentally boosted by renormalization. Tracking quality is shown where computable but isn't currently part of the composite weighting. See methodology for formulas, the tracking-quality partial-coverage rationale, and the dimensions we deliberately don't score (methodology v0.5.2).
Look through FREL, or compare the fee
Tool · Look-through
Underlying holdings, with other funds added
Add tickers and weights; N-PORT positions are summed across the basket.
Tool · Cost
Compare FREL's fee against another fund
Compounds the 0.084% expense ratio against a peer over decades.
Tool · Overlap
Compare FREL's holdings with peers
Pairwise holdings heatmap, pre-loaded with similar Real Estate funds.
Tool · TLH
Find a tax-loss harvesting partner for FREL
Ranks every catalog fund by holdings overlap, flags wash-sale risk.
Tool · Placement
Asset location for FREL across account types
Asset-location optimizer — places each fund in taxable / tax-deferred / Roth.
Top holdings
| # | Holding | Weight |
|---|---|---|
| 1 | Welltower Inc | 9.08% |
| 2 | Prologis Inc | 7.94% |
| 3 | Equinix Inc | 5.24% |
| 4 | Simon Property Group Inc | 4.69% |
| 5 | American Tower Corp | 4.10% |
| 6 | Digital Realty Trust Inc | 3.95% |
| 7 | Realty Income Corp | 3.63% |
| 8 | Public Storage | 3.43% |
| 9 | CBRE Group Inc | 2.75% |
| 10 | Ventas Inc | 2.71% |
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