Fidelity Real Estate Investment ETF (FPRO)
FPRO is an actively managed ETF by Fidelity. FPRO launched on Feb 2, 2021 and has a 0.59% expense ratio.
ETF Info
| Issuer | Fidelity |
|---|---|
| Inception Date | Feb 2, 2021 |
| Region | Global (Broad) |
| Category | Actively Managed, REIT |
| 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.
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. VOO, FPRO vs. NFLX
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.
Returns By Period
Fidelity Real Estate Investment ETF had a return of 11.80% year-to-date (YTD) and 31.04% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.80% | 25.70% |
| 1 month | 1.08% | 3.51% |
| 6 months | 19.09% | 14.80% |
| 1 year | 31.04% | 37.91% |
| 5 years (annualized) | N/A | 14.18% |
| 10 years (annualized) | N/A | 11.41% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -4.68% | 1.55% | 1.34% | -8.27% | 5.63% | 2.50% | 7.60% | 5.88% | 2.76% | -3.13% | 11.80% | ||
| 2023 | 10.85% | -5.32% | -1.81% | 0.37% | -4.01% | 4.83% | 1.13% | -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% |
| 2021 | 0.10% | 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 46, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
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.
Dividends
Dividend History
Fidelity Real Estate Investment ETF provided a 2.39% dividend yield over the last twelve months, with an annual payout of $0.57 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.57 | $0.61 | $0.54 | $0.47 |
Dividend yield | 2.39% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.44 | |
| 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.
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 7.01%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.8% | Jan 3, 2022 | 458 | Oct 27, 2023 | — | — | — |
| -8.33% | Sep 7, 2021 | 18 | Sep 30, 2021 | 39 | Nov 24, 2021 | 57 |
| -5.08% | Feb 25, 2021 | 6 | Mar 4, 2021 | 6 | Mar 12, 2021 | 12 |
| -4.92% | Nov 26, 2021 | 4 | Dec 1, 2021 | 5 | Dec 8, 2021 | 9 |
| -4.09% | May 3, 2021 | 8 | May 12, 2021 | 8 | May 24, 2021 | 16 |
Volatility
Volatility Chart
The current Fidelity Real Estate Investment ETF volatility is 5.31%, 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.