FREL

Fidelity MSCI Real Estate Index ETF
A

94
*Unless otherwise stated, data provided by FactSet.

FREL Fund Description

FREL 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

Fidelity MSCI Real Estate Index ETF has an MSCI ESG Fund Rating of BB based on a score of 4.13 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

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. Fidelity MSCI Real Estate Index ETF ranks in the 21st percentile within its peer group and in the 55th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

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 07/15/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FREL 1.21% 2.48% 21.73% 13.19% 6.11% -- --
FREL (NAV) 0.61% 3.04% 21.76% 13.39% 6.21% -- --
MSCI USA IMI Real Estate Index 0.63% 3.10% 21.88% 13.44% 6.27% 8.51% --
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%
$829.83M
$6.64M
0.06%

FREL Portfolio Data

$25.74B
38.94
2.66
4.64%
09/20/19
181

FREL Index Data

Market Cap
Market Cap
Thomson Reuters US Residential & Commercial REITs

FREL Portfolio Management

0.08%
-0.04%
0.05%
-0.10%

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
Cboe 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 07/16/19
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

252,021
$6.64M
196,141
$5.21M
0.06%
$0.01
0.04%
0.15% / -0.12%
None
100.00%
50,000
3.92
0.03%
0.02%
--
$26.73
5

FREL Sector/Industry Breakdown


FREL
Segment Benchmark
41.55%
39.38%
40.04%
45.75%
14.40%
14.13%
2.47%
--
0.79%
--
0.72%
0.73%
0.03%
--

FREL Countries


FREL
Segment Benchmark
100.00%
100.00%

FREL Regions


FREL
Segment Benchmark
100.00%
100.00%

FREL Economic Development


FREL
Segment Benchmark
100.00%
100.00%

FREL Performance Statistics

1.00
1.03
1.03
1.02
0.06%
Thomson Reuters US Residential & Commercial REITs

FREL MSCI ESG Ratings

BB
4.13 / 10
54.73
21.38
0.74%
10.30%
101.29

FREL BENCHMARK COMPARISON HOLDINGS

181
184
152
92.06%

FREL BENCHMARK COMPARISON SUMMARY


FREL
Segment Benchmark
181
184
$25.74B
$26.07B
38.94
43.85
2.66
2.46
3.63%
4.14%
Medium
Medium

FREL BENCHMARK COMPARISON MARKET CAP SIZE


FREL
Segment Benchmark
57.69%
57.67%
32.88%
33.09%
8.87%
8.74%
0.55%
0.50%