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FPRO vs FDEV

Fidelity Real Estate Investment ETF vs Fidelity International Multifactor ETF

FPRO

Fidelity Real Estate Investment ETF

Fidelity Investments

Annual cost

0.57%

Fund size

$15M

FDEV

Fidelity International Multifactor ETF

Fidelity Investments

Annual cost

0.18%

Fund size

$271M

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.
  • FPRO follows a active selection strategy; FDEV uses index tracking.
  • Over the last 3 years, FDEV has delivered higher annualized returns.

Side-by-side comparison

FPROFDEV
Annual cost (TER)0.57%0.18%
Fund size (AUM)$15M$271M
Since20212019
Dividend yield2.52%2.75%
Asset classequityequity
Regionglobal
Strategyactive selectionindex tracking
CAGR 1Y+15.0%+19.6%
CAGR 3Y+10.4%+14.9%
CAGR 5Y+4.8%+7.9%
Sharpe 3Y0.470.88
Volatility 1Y13.08%11.93%
Max drawdown-32.80%-30.11%

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

Similar to FPRO and FDEV