FPROFidelity Real Estate Investment ETF

Grow my money5y track recordRanked #2,169 of 3,055 in this goal

Seeks above-average income and long-term capital growth, consistent with reasonable investment risk.

By Fidelity Investments · Launched 2021

Annual Cost

0.57%

#3,107 of 6,040 · average

Fund Size

$16M

#4,700 of 6,040 · small

Return (1Y)

+9.1%

Track Record

5 years

#2,266 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,912+9.1%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Active selection

Sector

Real estate

Focus

Real Assets

Holdings

By weight

Concentration

Top 10 holdings = 59.5% of fundmoderately concentrated

PROLOGIS INC

9.7%

EQUINIX INC

9.6%

WELLTOWER INC

8.7%

AMERICAN TOWER CORP

8.2%

DIGITAL REALTY TRUST INC

4.5%

SIMON PROPERTY GROUP INC

4.3%

KIMCO REALTY CORP

4.1%

NNN REIT INC

3.6%

PUBLIC STORAGE

3.5%

VENTAS INC

3.2%

Asset allocation

Stocks

99.1%

Cash

0.9%

By sector

Real Estate

99.5%

Communication

0.3%

Technology

0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

13.4%Moderate

Year-on-year price swings

Max drawdown

-32.8%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.40Below average

Sortino (3Y)

0.56Moderate downside risk

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks above-average income and long-term capital growth, consistent with reasonable investment risk.
Strategy: Actively manages a portfolio primarily invested in equity securities of companies principally engaged in the real estate industry, including REITs and mortgage-backed securities. Invests in both domestic and foreign issuers, using fundamental analysis to select investments.
Inception date: February 2, 2021
Fund family: Fidelity Investments