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FPRO vs FREL

Fidelity Real Estate Investment ETF vs Fidelity MSCI Real Estate Index ETF

FPRO

Fidelity Real Estate Investment ETF

Fidelity Investments

Annual cost

0.57%

Fund size

$15M

FREL

Fidelity MSCI Real Estate Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$1.4B

Key differences

  • FREL costs 0.49% less per year.
  • FREL is significantly larger than FPRO — larger funds tend to be more liquid and less likely to close.
  • FPRO follows a active selection strategy; FREL uses index tracking.
  • FREL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FPROFREL
Annual cost (TER)0.57%0.08%
Fund size (AUM)$15M$1.4B
Since20212015
Dividend yield2.52%3.28%
Asset classequityequity
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+15.0%+14.9%
CAGR 3Y+10.4%+10.4%
CAGR 5Y+4.8%+3.5%
Sharpe 3Y0.470.47
Volatility 1Y13.08%13.15%
Max drawdown-32.80%-42.61%

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

Similar to FPRO and FREL