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FENI vs FREL

Fidelity Enhanced International ETF vs Fidelity MSCI Real Estate Index ETF

FENI

Fidelity Enhanced International ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$9.1B

FREL

Fidelity MSCI Real Estate Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$1.4B

Key differences

  • FREL costs 0.20% less per year.
  • FENI is significantly larger than FREL — larger funds tend to be more liquid and less likely to close.
  • FENI covers europe markets; FREL covers north america.
  • FENI follows a active selection strategy; FREL uses index tracking.
  • FENI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FENIFREL
Annual cost (TER)0.28%0.08%
Fund size (AUM)$9.1B$1.4B
Since20072015
Dividend yield2.93%3.28%
Asset classequityequity
Regioneuropenorth america
Strategyactive selectionindex tracking
CAGR 1Y+28.3%+14.9%
CAGR 3YN/A+10.4%
CAGR 5YN/A+3.5%
Sharpe 3YN/A0.47
Volatility 1Y15.57%13.15%
Max drawdown-14.20%-42.61%

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

Similar to FENI and FREL