DTCR vs. FREL

Last updated Jun 4, 2026

DTCR (Global X Data Center & Digital Infrastructure ETF) and FREL (Fidelity MSCI Real Estate Index ETF) are both REIT funds - DTCR tracks the Solactive Data Center REITs & Digital Infrastructure Index while FREL tracks the MSCI USA IMI Real Estate Index. Both are passively managed. Over the past 5 years, DTCR returned 15.53%/yr vs 2.09%/yr for FREL. A 0.65 correlation means they provide meaningful diversification when combined. DTCR charges 0.50%/yr vs 0.08%/yr for FREL.

Performance

DTCR vs. FREL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Data Center & Digital Infrastructure ETF (DTCR) and Fidelity MSCI Real Estate Index ETF (FREL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DTCR achieves a 52.56% return, which is significantly higher than FREL's 7.59% return.

DTCR

• 1D: -0.74%
• 1M: 11.31%
• YTD: 52.56%
• 6M: 54.49%
• 1Y: 84.73%
• 3Y*: 36.32%
• 5Y*: 15.53%
• 10Y*: —

FREL

• 1D: -0.14%
• 1M: -1.00%
• YTD: 7.59%
• 6M: 6.51%
• 1Y: 9.81%
• 3Y*: 9.05%
• 5Y*: 2.09%
• 10Y*: 5.67%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DTCR vs. FREL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
DTCR Global X Data Center & Digital Infrastructure ETF	52.56%	28.99%	14.92%	18.93%	-30.89%	20.35%	5.81%
FREL Fidelity MSCI Real Estate Index ETF	7.59%	3.09%	5.05%	11.74%	-26.21%	40.46%	11.97%

Correlation

The correlation between DTCR and FREL is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (All Time) Calculated using the full available price history since Oct 30, 2020	0.65

Over the past year, the correlation between DTCR and FREL has dropped to 0.35 - well below their long-term average of 0.65, suggesting their price drivers have been diverging.

DTCR vs. FREL - Sectors Allocation Comparison

Sectors	DTCR	FREL
Real Estate	56.8%	97.6%
Technology	40.8%	0.3%
Communication Services	2.5%	0.4%
Basic Materials	-	1.2%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	0.1%
Financial Services	-	0.0%
Healthcare	-	-
Industrials	-	-
Utilities	-	-

Return for Risk

DTCR vs. FREL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DTCR

DTCR Risk / Return Rank: 92
DTCR Sharpe Ratio Rank: 95
DTCR Sortino Ratio Rank: 93
DTCR Omega Ratio Rank: 91
DTCR Calmar Ratio Rank: 93
DTCR Martin Ratio Rank: 90

FREL

FREL Risk / Return Rank: 22
FREL Sharpe Ratio Rank: 21
FREL Sortino Ratio Rank: 20
FREL Omega Ratio Rank: 20
FREL Calmar Ratio Rank: 24
FREL Martin Ratio Rank: 26

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DTCR vs. FREL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Data Center & Digital Infrastructure ETF (DTCR) and Fidelity MSCI Real Estate Index ETF (FREL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DTCR	FREL	Difference
Sharpe ratio: Return per unit of total volatility	3.90	0.75	+3.15
Sortino ratio: Return per unit of downside risk	4.71	1.10	+3.61
Omega ratio: Gain probability vs. loss probability	1.61	1.14	+0.47
Calmar ratio: Return relative to maximum drawdown	6.61	1.17	+5.44
Martin ratio: Return relative to average drawdown	20.78	3.67	+17.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DTCR vs. FREL - Sharpe Ratio Comparison

The current DTCR Sharpe Ratio is 3.90, which is higher than the FREL Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of DTCR and FREL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DTCR	FREL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.90	0.75	+3.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	0.11	+0.60
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.25	+0.51

Drawdowns

DTCR vs. FREL - Drawdown Comparison

The maximum DTCR drawdown since its inception was -38.98%, smaller than the maximum FREL drawdown of -42.61%. Use the drawdown chart below to compare losses from any high point for DTCR and FREL.

Drawdown Indicators

	DTCR	FREL	Difference
Max Drawdown Largest peak-to-trough decline	-38.98%	-42.61%	+3.63%
Max Drawdown (1Y) Largest decline over 1 year	-12.89%	-8.45%	-4.44%
Max Drawdown (3Y) Largest decline over 3 years	-24.96%	-17.54%	-7.42%
Max Drawdown (5Y) Largest decline over 5 years	-38.98%	-34.40%	-4.58%
Max Drawdown (10Y) Largest decline over 10 years	—	-42.61%	—
Current Drawdown Current decline from peak	-0.74%	-3.93%	+3.19%
Average Drawdown Average peak-to-trough decline	-12.37%	-9.95%	-2.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.09%	2.68%	+1.41%

Volatility

DTCR vs. FREL - Volatility Comparison

Global X Data Center & Digital Infrastructure ETF (DTCR) has a higher volatility of 7.16% compared to Fidelity MSCI Real Estate Index ETF (FREL) at 3.75%. This indicates that DTCR's price experiences larger fluctuations and is considered to be riskier than FREL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DTCR	FREL	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.16%	3.75%	+3.41%
Volatility (6M) Calculated over the trailing 6-month period	16.92%	9.27%	+7.65%
Volatility (1Y) Calculated over the trailing 1-year period	21.84%	13.17%	+8.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.83%	18.84%	+2.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.90%	20.67%	+1.23%

DTCR vs. FREL - Expense Ratio Comparison

DTCR has a 0.50% expense ratio, which is higher than FREL's 0.08% expense ratio.

Dividends

DTCR vs. FREL - Dividend Comparison

DTCR's dividend yield for the trailing twelve months is around 0.72%, less than FREL's 3.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DTCR Global X Data Center & Digital Infrastructure ETF	0.72%	1.10%	1.72%	1.18%	2.57%	1.27%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%
FREL Fidelity MSCI Real Estate Index ETF	3.34%	3.59%	3.48%	3.73%	3.57%	2.34%	3.77%	3.32%	5.54%	3.27%	4.01%	3.80%

Frequently Asked Questions

Can I hold both DTCR and FREL in my portfolio?

DTCR and FREL have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DTCR or FREL?

DTCR has higher volatility (7.16%) compared to FREL (3.75%). In terms of maximum drawdown, DTCR dropped -38.98% vs FREL's -42.61%.

Which ETF is better, DTCR or FREL?

On 5-year performance, DTCR leads with 15.53% vs 2.09% for FREL. On fees, FREL is cheaper at 0.08% per year. On volatility, FREL has been the lower-risk option at 3.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DTCR or FREL?

Over the 5-year period, DTCR has performed better with a 15.53% return vs 2.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DTCR or FREL?

FREL is cheaper with a 0.08% expense ratio, compared with 0.50% for DTCR.

Which ETF pays a higher dividend yield, DTCR or FREL?

FREL has the higher dividend yield at 3.34%, compared with 0.72% for DTCR.

What is the main difference between DTCR and FREL?

DTCR tracks Solactive Data Center REITs & Digital Infrastructure Index, while FREL tracks MSCI USA IMI Real Estate Index. They also come from different issuers: Global X and Fidelity. Their fees differ too: 0.50% for DTCR and 0.08% for FREL.

Which has better risk-adjusted returns?

DTCR currently has the higher Sharpe Ratio (3.90 vs 0.75), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.