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Fidelity Real Estate Investment ETF (FPRO)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Issuer

Fidelity

Inception Date

Feb 2, 2021

Region

Global (Broad)

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Equity

Expense Ratio

FPRO features an expense ratio of 0.59%, falling within the medium range.


Expense ratio chart for FPRO: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
FPRO vs. FREL FPRO vs. FR FPRO vs. VGSNX FPRO vs. FSRNX FPRO vs. XLRE FPRO vs. QQQ FPRO vs. WM FPRO vs. SPY FPRO vs. NFLX FPRO vs. VOO
Popular comparisons:
FPRO vs. FREL FPRO vs. FR FPRO vs. VGSNX FPRO vs. FSRNX FPRO vs. XLRE FPRO vs. QQQ FPRO vs. WM FPRO vs. SPY FPRO vs. NFLX FPRO vs. VOO

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Real Estate Investment ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
8.19%
9.66%
FPRO (Fidelity Real Estate Investment ETF)
Benchmark (^GSPC)

Returns By Period

Fidelity Real Estate Investment ETF had a return of 5.32% year-to-date (YTD) and 5.97% in the last 12 months.


FPRO

YTD

5.32%

1M

-6.42%

6M

8.19%

1Y

5.97%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

25.25%

1M

0.08%

6M

9.66%

1Y

25.65%

5Y*

13.17%

10Y*

11.11%

Monthly Returns

The table below presents the monthly returns of FPRO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-4.68%1.55%1.34%-8.27%5.63%2.50%7.60%5.88%2.76%-3.13%3.56%5.32%
202310.85%-5.32%-1.81%0.37%-4.01%4.83%1.14%-3.04%-7.03%-2.70%11.94%7.33%10.93%
2022-8.63%-4.29%7.46%-2.76%-3.98%-7.79%8.56%-5.65%-12.79%2.14%7.19%-5.24%-25.02%
20210.10%5.33%8.64%0.78%3.01%5.26%2.51%-6.39%6.88%-1.13%10.39%40.13%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FPRO is 25, meaning it’s performing worse than 75% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FPRO is 2525
Overall Rank
The Sharpe Ratio Rank of FPRO is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of FPRO is 2525
Sortino Ratio Rank
The Omega Ratio Rank of FPRO is 2525
Omega Ratio Rank
The Calmar Ratio Rank of FPRO is 2323
Calmar Ratio Rank
The Martin Ratio Rank of FPRO is 2424
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Real Estate Investment ETF (FPRO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for FPRO, currently valued at 0.42, compared to the broader market0.002.004.000.422.07
The chart of Sortino ratio for FPRO, currently valued at 0.66, compared to the broader market-2.000.002.004.006.008.0010.000.662.76
The chart of Omega ratio for FPRO, currently valued at 1.08, compared to the broader market0.501.001.502.002.503.001.081.39
The chart of Calmar ratio for FPRO, currently valued at 0.25, compared to the broader market0.005.0010.0015.000.253.05
The chart of Martin ratio for FPRO, currently valued at 1.33, compared to the broader market0.0020.0040.0060.0080.00100.001.3313.27
FPRO
^GSPC

The current Fidelity Real Estate Investment ETF Sharpe ratio is 0.42. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Fidelity Real Estate Investment ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.42
2.07
FPRO (Fidelity Real Estate Investment ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Real Estate Investment ETF provided a 2.51% dividend yield over the last twelve months, with an annual payout of $0.56 per share. The fund has been increasing its distributions for 2 consecutive years.


1.60%1.80%2.00%2.20%2.40%2.60%2.80%$0.00$0.10$0.20$0.30$0.40$0.50$0.60202120222023
Dividends
Dividend Yield
PeriodTTM202320222021
Dividend$0.56$0.61$0.54$0.47

Dividend yield

2.51%2.83%2.67%1.69%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Real Estate Investment ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.17$0.00$0.00$0.14$0.00$0.00$0.13$0.00$0.00$0.12$0.56
2023$0.00$0.00$0.18$0.00$0.00$0.15$0.00$0.00$0.16$0.00$0.00$0.13$0.61
2022$0.00$0.00$0.16$0.00$0.00$0.13$0.00$0.00$0.13$0.00$0.00$0.12$0.54
2021$0.11$0.00$0.00$0.10$0.00$0.00$0.12$0.00$0.00$0.13$0.47

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-12.40%
-1.91%
FPRO (Fidelity Real Estate Investment ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Real Estate Investment ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Real Estate Investment ETF was 32.80%, occurring on Oct 27, 2023. The portfolio has not yet recovered.

The current Fidelity Real Estate Investment ETF drawdown is 12.40%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-32.8%Jan 3, 2022458Oct 27, 2023
-8.33%Sep 7, 202118Sep 30, 202139Nov 24, 202157
-5.08%Feb 25, 20216Mar 4, 20216Mar 12, 202112
-4.92%Nov 26, 20214Dec 1, 20215Dec 8, 20219
-4.09%May 3, 20218May 12, 20218May 24, 202116

Volatility

Volatility Chart

The current Fidelity Real Estate Investment ETF volatility is 5.34%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
5.34%
3.82%
FPRO (Fidelity Real Estate Investment ETF)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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