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FDEV vs FPRO

Fidelity International Multifactor ETF vs Fidelity Real Estate Investment ETF

FDEV

Fidelity International Multifactor ETF

Fidelity Investments

Annual cost

0.18%

Fund size

$271M

FPRO

Fidelity Real Estate Investment ETF

Fidelity Investments

Annual cost

0.57%

Fund size

$15M

Key differences

  • FDEV costs 0.39% less per year.
  • FDEV is significantly larger than FPRO — larger funds tend to be more liquid and less likely to close.
  • FDEV follows a index tracking strategy; FPRO uses active selection.
  • Over the last 3 years, FDEV has delivered higher annualized returns.

Side-by-side comparison

FDEVFPRO
Annual cost (TER)0.18%0.57%
Fund size (AUM)$271M$15M
Since20192021
Dividend yield2.75%2.52%
Asset classequityequity
Regionglobal
Strategyindex trackingactive selection
CAGR 1Y+19.6%+15.0%
CAGR 3Y+14.9%+10.4%
CAGR 5Y+7.9%+4.8%
Sharpe 3Y0.880.47
Volatility 1Y11.93%13.08%
Max drawdown-30.11%-32.80%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FDEV and FPRO