Fidelity MSCI Real Estate Index ETFFREL

FidelitySectorsReal Estate#129 of 264 by YTD

$29.75

+3.2% last session

+13.6% YTD

Data as of 11/4/20264:00 PM ET · End-of-day

Dividend-adjusted return from the previous close · S&P 500 uses VOOFRELS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+3.2%	+9.1%	+0.6%	+13.6%	+13.9%	+53.4%	+9.0%	+86.4%
Peer average	+2.8%	+6.8%	−1.3%	+10.8%	+11.3%	+48.4%	+8.8%	—
S&P 500 · VOO	+1.6%	−1.6%	0.0%	+13.4%	+13.5%	+91.7%	+81.2%	—

Key Statistics

Open all fund facts →

AUM: $1.4B
Expense ratio: 0.08%
Distribution yield: 3.3%
NAV: $28.86
Volume: 218K
Avg. volume 30D: 367K
High today: $29.79
Low today: $29.17
Previous close: $28.84
52-week high: $30.92
52-week low: $26.37
Our risk indicator: 4/5

FREL in One Breath

FREL Among Real Estate ETFs

YTD

#1PSRInvesco+18.7%$58.0M

#2USRTiShares+18.5%$4.3B

#3BBREJ.P. Morgan+18.1%$1.3B

#4ICFiShares+18.0%$2.0B

#5FRIFirst Trust+17.9%$203M

#6RWRSPDR+17.8%$1.8B

#7DFARDimensional+17.7%$8.5B

#8REITALPS+17.6%$56.2M

#18FRELFidelity+13.6%$1.4B

End-of-day Nov 5, 2026 · 43 Real estate ETFs by YTD

$10,000 in FREL

$10,000 in FREL became

$10,901

In the S&P 500 (VOO)

$18,115

Total return, dividends in · Oct 27, 2021 – Nov 4, 2026 · S&P 500 uses VOO

FREL’s Top Holdings

Today

WELLWelltower9.7%PLD7.3%EQIX5.4%AMT4.9%SPG4.6%DLR3.9%PSA3.7%O3.4%EQR2.9%CBRE2.6%VTR2.6%CCI2.5%IRM2.3%EXR2.2%VICI1.7%SBAC1.3%HST1.2%JLL1.2%ESS1.1%KIMINVHWY125 more

WELLWelltower9.7%PLD7.3%EQIX5.4%AMT4.9%SPG4.6%DLR3.9%PSA3.7%O3.4%EQR2.9%CBRE2.6%VTR2.6%135 more

REIT - SpecialtyREIT - IndustrialREIT - Healthcare FacilitiesREIT - RetailREIT - ResidentialReal Estate - ServicesOther

Fidelity FREL · 147 holdings · tile size = share of the fund · as of Nov 4, 2026

What FREL Holds

Today

REIT - Specialty24.0%

EQIX 5.4 · AMT 4.9 · DLR 3.9 · CCI 2.5 · IRM 2.3 · SBAC 1.3 · WY 1.0

REIT - Industrial17.0%

PLD 7.3 · PSA 3.7 · EXR 2.2 · EGP · CUBE · REXR · FR

REIT - Healthcare Facilities16.6%

WELL 9.7 · VTR 2.6 · DOC · OHI · AHR · CTRE · HR

REIT - Retail14.7%

SPG 4.6 · O 3.4 · KIM 1.1 · REG · BRX · FRT · ADC

REIT - Residential10.4%

EQR 2.9 · ESS 1.1 · INVH 1.0 · SUI · MAA · UDR · ELS

Real Estate - Services5.5%

CBRE 2.6 · JLL 1.2 · CSGP · COMP · CWK · NMRK · OPEN

Other holdings11.8%

VICI 1.7 · HST 1.2 · WPC · BXP · RHP · ARE · EPRT

Fidelity FREL · share of the fund by industry · as of Nov 4, 2026

Welltower’s Share of FREL

Today

9.7%

$97 of every $1,000 in FREL is Welltower

Welltower held by FREL

$132M

Most Welltower per dollar

REZ23.1%

CSRE15.4%

SPRE13.7%

TRUR13.7%

Fidelity FREL · each square = $10 of $1,000 · as of Nov 4, 2026

FREL’s Share of Real Estate ETFs

Today

1.4%

of the $99.9B in 46 Real estate ETFs

FREL$1.4B1.4%

VNQ$35.9B36.0%

SCHH$11.1B11.1%

43 others$51.5B51.6%

Real estate ETF AUM · Nov 5, 2026

FREL Fee per $100 vs Peers

Today

$0.08a year
per $100

$8 a year on $10,000

SCHH$0.07

FREL$0.08

XLRE$0.08

VNQ$0.13

REET$0.14

DFAR$0.22

Expense ratio · Real estate peers · Nov 5, 2026

Inside FREL

147 holdings · as of Nov 4, 2026

FREL

Fidelity MSCI Real Estate Index ETF

Today

#	Ticker	Company	Weight ▼
1	WELL	Welltower	9.74%
2	PLD	Prologis Reit	7.29%
3	EQIX	Equinix	5.44%
4	AMT	American Tower	4.87%
5	SPG	Simon Ppty Group - Reit	4.64%
6	DLR	Digital Realty Trust	3.94%
7	PSA	Public Storage	3.68%
8	O	Realty Income Reit	3.41%
9	EQR	Vivmark Residential	2.95%
10	CBRE	CBRE Group -	2.63%

REIT - SpecialtyREIT - IndustrialREIT - Healthcare FacilitiesREIT - RetailREIT - ResidentialReal Estate - ServicesOther

Fidelity FREL · current holdings by weight · as of Nov 4, 2026 · each tile is one holding · top 20 = 65.9%

How It Compares

FREL

Fidelity MSCI Real Estate Index ETF’s Peers

YTD


VNQ	VanguardRead Desk	0.13%	+13.9%	+14.3%	$35.9B
SCHH	SchwabRead Desk	0.07%	+17.1%	+17.5%	$11.1B
DFAR	DimensionalRead Desk	0.22%	+17.7%	+17.7%	$8.5B
XLRE	SPDRRead Desk	0.08%	+14.5%	+14.4%	$8.3B
REET	iSharesRead Desk	0.14%	+12.2%	+12.6%	$4.8B
FREL	FidelityThis fundRead Desk	0.08%	+13.6%	+13.9%	$1.4B

Real estate peers · YTD and past-year returns · as of Nov 5, 2026 · sorted by AUM

Head to Head

Put FREL head to head with VNQ →

VNQ vs FREL

YTD

VNQVanguard · Real estateFRELFidelity · Real estate

Year to date

+13.9%

+13.6%

VNQ wins+0.3 pts

Past year

+14.3%

+13.9%

VNQ wins+0.4 pts

Fee

0.13%

0.08%

FREL winslower fee

Yield

3.5%

3.3%

VNQ wins+0.2 pts

AUM

$35.9B

$1.4B

VNQ26.6× more

3–1VNQ wins

Vanguard VNQ and Fidelity FREL · year-to-date · as of Nov 5, 2026 · AUM not scored

FREL vs VOO

YTD

FREL · Fidelity MSCI Real Estate Index

+13.6%

VOO · S&P 500

+13.4%

Gap

0.3 pts

Fidelity FREL and Vanguard VOO · YTD total return · as of Nov 5, 2026

FREL vs Its Peer Average

YTD

FRELAvsBPeer average

1D+3.2%+2.8%

1M+9.1%+6.8%

3M+0.6%−1.3%

YTD+13.6%+10.8%

1Y+13.9%+11.3%

3Y+53.4%+48.4%

5Y+9.0%+8.8%

7–0FREL wins

45 Real estate peers · each row scaled to its leader

The Details

FREL

Risk

4/5our risk indicator

CalmerBumpier

Volatility · 1Y14.13%

Deepest drop · 1Y−11.6%

Lowest point · 5Y−28.9%

52-week range

$29.75

$26.37−3.8% from the high$30.92

Fidelity FREL · past-year price moves · as of Nov 5, 2026

FREL

Fund Facts

Today

2015launched Feb 2

Tracks[…]

Exchange · CUSIPAMEX · 316092857

StructureETF

Leverage1x

Cost on $10,000$8 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Fidelity FREL · fund facts · as of Nov 5, 2026

FREL

Payouts by Year

12Y

$0.23per share, Sep 2026

Distribution yield3.3%

PaidEvery quarter

Latest ex-date · paidSep 18 · Sep 22, 2026

12 payouts added up$2.87 a share

Fidelity FREL · distributions by ex-date · 2015–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Trading & Liquidity

Net asset value$28.86

Premium / discount[…]

Median spread · 30D[…]

Volume today218K

Average volume · 30D367K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.08%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$8.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Sep 18, 2026	Sep 22, 2026	$0.23
Jun 18, 2026	Jun 23, 2026	$0.27
Mar 20, 2026	Mar 24, 2026	$0.25
Dec 19, 2025	Dec 23, 2025	$0.22
Sep 19, 2025	Sep 23, 2025	$0.23
Jun 20, 2025	Jun 24, 2025	$0.27
Mar 21, 2025	Mar 25, 2025	$0.26
Dec 20, 2024	Dec 24, 2024	$0.22
Sep 20, 2024	Sep 24, 2024	$0.22
Jun 21, 2024	Jun 25, 2024	$0.25
Mar 15, 2024	Mar 20, 2024	$0.25
Dec 15, 2023	Dec 20, 2023	$0.21

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