Fidelity InvestmentsReal EstateFREI · Nasdaq
Fidelity Real Estate Income ETF (FREI)
- Price
- $24.54
- —11 Sept 2026
- Assets
- $4.4B
- Total net assets
- Expense ratio
- 0.57%
- Category 0.00%
- Yield
- —
- Trailing distributions
- 3Y CAGR
- —
- Category 9.3%
- 5Y CAGR
- —
- Category 1.8%
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Fidelity Real Estate Income ETF
Calendar-year returns
Fund only: no comparison series covers this fund's history.
Risk statistics
Five years of daily closes. Risk-free rate 4% a year.
- Standard deviation
- —
- Maximum drawdown
- —
- Sharpe ratio
- —
- Sortino ratio
- —
- Beta
- —
- Alpha
- —
- R²
- —
- Information ratio
- —
- Upside capture
- —
- Downside capture
- —
- Tracking error
- —
Holdings
The 9 largest positions make up 11.4% of the fund.
Top holdings
| Ticker | Holding | Weight |
|---|---|---|
| AMT | American Tower Corp | 1.86% |
| WELL | Welltower Inc | 1.58% |
| EQIX | Equinix Inc | 1.53% |
| PLD | Prologis Inc | 1.44% |
| INVH | Invitation Homes Inc | 1.25% |
| ELS | Equity Lifestyle Properties Inc | 1.17% |
| VMRK | Vivmark Residential | 1.05% |
| UDR | UDR Inc | 0.81% |
| VTR | Ventas Inc | 0.75% |
Portfolio valuation
Weighted averages of what the fund holds.
- P/E
- 26.5
- P/B
- 2.7
- P/S
- 7.4
- P/CF
- 16.6
Sector allocation
Share of the equity the fund holds.
- Real estate98.5%
- Communication services1.4%
- Industrials0.1%
Asset mix
- Bonds64.2%
- Stocks20.7%
- Preferred shares11.4%
- Cash3.3%
- Other0.3%
Credit quality
Share of the bonds by rating.
- AAA1.9%
- AA2.4%
- A12.9%
- BBB36.9%
- BB16.6%
- B5.7%
- Below B3.2%
- Other20.5%
ETF details
- Issuer
- Fidelity Investments
- Category
- Equity · Real Estate
- Ticker
- FREI
- Exchange
- Nasdaq
- Inception
- 16 Jun 2026 (0.2 years)
- Structure
- Exchange Traded Fund
- Expense ratio
- 0.57% (category 0.00%)
- Holdings turnover
- 24%
- Distribution yield
- —
- Beta, 3 years
- 0.65
- Total net assets
- $4.4B
- Average duration
- 5.44 years
- Average maturity
- 9.66 years
Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
Other real estate ETFs
Other ETFs in the Real Estate category.
- DTCR · Global X Data Center And Digital Infrastructure ETFGlobal X Funds · $2.1B · ER 0.50%5Y 11.3%
- ICF · iShares Select U.S. REIT ETFiShares · $2B · ER 0.32%5Y 1.8%
- RWR · State Street SPDR Dow Jones REIT ETFState Street Investment Management · $1.8B · ER 0.25%5Y 3.7%
- DFAR · Dimensional US Real Estate ETFDimensional Fund Advisors · $1.7B · ER 0.19%
- FREL · Fidelity MSCI Real Estate Index ETFFidelity Investments · $1.5B · ER 0.08%5Y 1.3%
- BBRE · JPMorgan BetaBuilders MSCI US REIT ETFJPMorgan · $1.3B · ER 0.11%5Y 3.9%