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Fidelity MSCI Real Estate Index ETF (FREL)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US3160928574

CUSIP

316092857

Issuer

Fidelity

Inception Date

Feb 2, 2015

Region

North America (U.S.)

Category

REIT

Leveraged

1x

Index Tracked

MSCI USA IMI Real Estate Index

Asset Class

Real Estate

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Expense Ratio

FREL has an expense ratio of 0.08%, which is considered low compared to other funds.


Expense ratio chart for FREL: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

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:
FREL vs. VNQ FREL vs. SCHH FREL vs. FSRNX FREL vs. XLRE FREL vs. FPRO FREL vs. REET FREL vs. ICF FREL vs. O FREL vs. SDIV FREL vs. VOO
Popular comparisons:
FREL vs. VNQ FREL vs. SCHH FREL vs. FSRNX FREL vs. XLRE FREL vs. FPRO FREL vs. REET FREL vs. ICF FREL vs. O FREL vs. SDIV FREL vs. VOO

Performance

Performance Chart

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


50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
57.61%
184.71%
FREL (Fidelity MSCI Real Estate Index ETF)
Benchmark (^GSPC)

Returns By Period

Fidelity MSCI Real Estate Index ETF had a return of 4.12% year-to-date (YTD) and 4.87% in the last 12 months.


FREL

YTD

4.12%

1M

-5.59%

6M

8.53%

1Y

4.87%

5Y*

3.02%

10Y*

N/A

^GSPC (Benchmark)

YTD

23.11%

1M

-0.36%

6M

7.02%

1Y

23.15%

5Y*

12.80%

10Y*

11.01%

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-5.03%2.05%2.00%-7.97%4.46%2.03%7.85%5.16%3.34%-3.32%4.18%4.12%
202310.44%-5.99%-2.00%0.36%-4.08%5.60%2.03%-3.32%-7.23%-3.60%12.04%9.31%11.74%
2022-8.21%-3.70%6.38%-4.20%-4.61%-7.43%8.76%-6.06%-12.89%3.47%6.02%-5.00%-26.21%
2021-0.16%3.87%5.18%7.89%0.78%2.48%4.44%2.05%-5.63%7.07%-2.15%9.68%40.46%
20201.18%-7.06%-19.41%8.80%1.77%2.27%3.68%0.45%-2.78%-2.89%9.51%2.83%-4.99%
201911.70%0.72%4.17%-0.15%0.15%1.67%1.60%3.72%1.94%1.04%-1.28%0.85%28.78%
2018-2.96%-6.72%3.49%0.61%3.43%4.10%0.57%2.51%-2.66%-2.74%4.70%-7.94%-4.52%
2017-0.04%4.27%-1.60%0.46%-0.25%2.14%1.28%0.49%-0.71%0.31%2.75%-0.42%8.86%
2016-4.11%-0.69%10.11%-1.60%2.32%6.14%4.06%-3.40%-1.16%-5.31%-2.11%4.52%7.87%
2015-3.57%1.29%-4.77%-0.26%-4.19%4.73%-5.72%1.25%6.23%-0.13%1.05%-4.73%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FREL is 18, meaning it’s performing worse than 82% 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 FREL is 1818
Overall Rank
The Sharpe Ratio Rank of FREL is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of FREL is 1818
Sortino Ratio Rank
The Omega Ratio Rank of FREL is 1818
Omega Ratio Rank
The Calmar Ratio Rank of FREL is 1818
Calmar Ratio Rank
The Martin Ratio Rank of FREL is 1919
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 MSCI Real Estate Index ETF (FREL) 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 FREL, currently valued at 0.36, compared to the broader market0.002.004.000.361.90
The chart of Sortino ratio for FREL, currently valued at 0.59, compared to the broader market-2.000.002.004.006.008.0010.000.592.54
The chart of Omega ratio for FREL, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.001.071.35
The chart of Calmar ratio for FREL, currently valued at 0.22, compared to the broader market0.005.0010.0015.000.222.81
The chart of Martin ratio for FREL, currently valued at 1.27, compared to the broader market0.0020.0040.0060.0080.00100.001.2712.39
FREL
^GSPC

The current Fidelity MSCI Real Estate Index ETF Sharpe ratio is 0.36. 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 MSCI Real Estate Index 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
0.36
1.90
FREL (Fidelity MSCI Real Estate Index ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity MSCI Real Estate Index ETF provided a 2.65% dividend yield over the last twelve months, with an annual payout of $0.72 per share. The fund has been increasing its distributions for 2 consecutive years.


2.00%3.00%4.00%5.00%6.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.20201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM202320222021202020192018201720162015
Dividend$0.72$0.99$0.89$0.81$0.96$0.93$1.24$0.81$0.94$0.86

Dividend yield

2.65%3.73%3.57%2.34%3.77%3.32%5.54%3.27%4.01%3.80%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity MSCI Real Estate Index 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$0.25$0.00$0.00$0.25$0.00$0.00$0.22$0.00$0.00$0.00$0.72
2023$0.00$0.00$0.33$0.00$0.00$0.23$0.00$0.00$0.23$0.00$0.00$0.21$0.99
2022$0.00$0.00$0.25$0.00$0.00$0.23$0.00$0.00$0.28$0.00$0.00$0.12$0.89
2021$0.00$0.00$0.19$0.00$0.00$0.20$0.00$0.00$0.21$0.00$0.00$0.20$0.81
2020$0.00$0.00$0.28$0.00$0.00$0.18$0.00$0.00$0.18$0.00$0.00$0.32$0.96
2019$0.00$0.00$0.27$0.00$0.00$0.23$0.00$0.00$0.23$0.00$0.00$0.20$0.93
2018$0.00$0.00$0.26$0.00$0.00$0.24$0.00$0.00$0.56$0.00$0.00$0.18$1.24
2017$0.00$0.00$0.17$0.00$0.00$0.22$0.00$0.00$0.21$0.00$0.00$0.21$0.81
2016$0.00$0.00$0.27$0.00$0.00$0.19$0.00$0.00$0.20$0.00$0.00$0.28$0.94
2015$0.18$0.00$0.00$0.23$0.00$0.00$0.21$0.00$0.00$0.25$0.86

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
-14.15%
-3.58%
FREL (Fidelity MSCI Real Estate Index ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity MSCI Real Estate Index 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 MSCI Real Estate Index ETF was 42.61%, occurring on Mar 23, 2020. Recovery took 268 trading sessions.

The current Fidelity MSCI Real Estate Index ETF drawdown is 14.15%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-42.61%Feb 18, 202025Mar 23, 2020268Apr 15, 2021293
-34.4%Jan 3, 2022456Oct 25, 2023
-15.67%Feb 6, 2015256Feb 11, 201634Apr 1, 2016290
-14.14%Aug 2, 201672Nov 10, 2016213Sep 18, 2017285
-12.76%Dec 7, 201812Dec 24, 201824Jan 30, 201936

Volatility

Volatility Chart

The current Fidelity MSCI Real Estate Index ETF volatility is 5.09%, 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
5.09%
3.64%
FREL (Fidelity MSCI Real Estate Index 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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