FREL

Fidelity MSCI Real Estate Index ETF
A

94
*Unless otherwise stated, data provided by FactSet.

FREL Fund Description

The Fidelity MSCI Real Estate ETF tracks a cap-weighted index of US REIT and real estate companies across the entire market-cap spectrum.

FREL Factset Analytics Insight

FREL stands out in a crowded real estate space. Its composition is a near perfect match to our industry benchmark, and it differs mostly by including a handful of non-REIT real estate firms. It charges a very low fee for this broad exposure; that’s marred somewhat by less-than-perfect tracking, but realized costs have still been cheap compared to most competitors. Daily trading volume is decent and spreads are manageable. Underlying liquidity is excellent. Though a relative latecomer to the real estate space, FREL’s asset levels and liquidity indicate healthy long-term viability.

FREL MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of September 20, 2018 the Fidelity MSCI Real Estate Index ETF MSCI ESG Fund Quality Score is 4.39 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. FREL ranks in the 83th percentile within its peer group and in the 15th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

FREL CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 09/20/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FREL -1.62% 3.66% 3.10% 5.41% 8.66% -- --
FREL (NAV) -1.47% 3.74% 3.26% 5.60% 8.85% -- --
MSCI USA IMI Real Estate Index -1.48% 3.76% 3.26% 5.68% 8.97% -- --
Thomson Reuters US Residential & Commercial REITs -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FREL Top 10 Countries

FREL Top 10 Sectors

FREL Top 10 Holdings [View All]

FREL Summary Data

Fidelity
02/02/15
Open-Ended Fund
0.08%
$622.87M
$6.13M
0.11%

FREL Portfolio Data

$20.66B
40.58
2.55
2.83%
09/21/18
180

FREL Index Data

Market Cap
Market Cap
Thomson Reuters US Residential & Commercial REITs

FREL Portfolio Management

0.08%
-0.07%
-0.01%
-0.16%

FREL Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

FREL Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

FREL Factset Analytics Block Liquidity

As of 09/21/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FREL. FREL is rated a 5 out of 5.

FREL Tradability

240,930
$6.13M
122,184
$3.00M
0.11%
$0.03
0.03%
1.66% / -0.44%
None
100.00%
50,000
2.44
0.03%
0.02%
--
$24.94
5

FREL Sector/Industry Breakdown


FREL
Segment Benchmark
43.91%
40.89%
35.13%
41.46%
12.46%
12.08%
3.06%
--
1.73%
1.88%
0.83%
0.78%
0.82%
--
0.73%
0.49%
0.04%
--

FREL Countries


FREL
Segment Benchmark
100.57%
100.00%

FREL Regions


FREL
Segment Benchmark
100.57%
100.00%

FREL Economic Development


FREL
Segment Benchmark
100.00%
100.00%

FREL Performance Statistics

1.00
1.02
1.04
1.02
0.05%
Thomson Reuters US Residential & Commercial REITs

FREL MSCI ESG Ratings

4.39 / 10
82.87
15.05
0.92%
7.85%
100.88

FREL BENCHMARK COMPARISON HOLDINGS

180
185
151
89.83%

FREL BENCHMARK COMPARISON SUMMARY


FREL
Segment Benchmark
180
185
$20.66B
$21.15B
40.58
32.61
2.55
2.35
3.69%
4.21%
--
--

FREL BENCHMARK COMPARISON MARKET CAP SIZE


FREL
Segment Benchmark
51.37%
51.21%
40.24%
40.42%
8.05%
7.58%
0.34%
0.79%