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FREL vs. REET
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FREL and REET is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 0.9

Performance

FREL vs. REET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity MSCI Real Estate Index ETF (FREL) and iShares Global REIT ETF (REET). The values are adjusted to include any dividend payments, if applicable.

20.00%30.00%40.00%50.00%60.00%70.00%NovemberDecember2025FebruaryMarchApril
51.77%
20.60%
FREL
REET

Key characteristics

Sharpe Ratio

FREL:

0.27

REET:

0.10

Sortino Ratio

FREL:

0.46

REET:

0.23

Omega Ratio

FREL:

1.06

REET:

1.03

Calmar Ratio

FREL:

0.17

REET:

0.06

Martin Ratio

FREL:

0.92

REET:

0.29

Ulcer Index

FREL:

4.90%

REET:

5.29%

Daily Std Dev

FREL:

16.79%

REET:

15.45%

Max Drawdown

FREL:

-42.61%

REET:

-44.59%

Current Drawdown

FREL:

-17.33%

REET:

-18.51%

Returns By Period

In the year-to-date period, FREL achieves a -4.56% return, which is significantly higher than REET's -5.15% return. Over the past 10 years, FREL has outperformed REET with an annualized return of 4.51%, while REET has yielded a comparatively lower 2.24% annualized return.


FREL

YTD

-4.56%

1M

-9.64%

6M

-9.63%

1Y

5.13%

5Y*

9.56%

10Y*

4.51%

REET

YTD

-5.15%

1M

-9.52%

6M

-11.60%

1Y

2.00%

5Y*

8.76%

10Y*

2.24%

*Annualized

Compare stocks, funds, or ETFs

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


FREL vs. REET - Expense Ratio Comparison

FREL has a 0.08% expense ratio, which is lower than REET's 0.14% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


REET
iShares Global REIT ETF
Expense ratio chart for REET: current value is 0.14%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
REET: 0.14%
Expense ratio chart for FREL: current value is 0.08%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FREL: 0.08%

Risk-Adjusted Performance

FREL vs. REET — Risk-Adjusted Performance Rank

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

FREL
The Risk-Adjusted Performance Rank of FREL is 4646
Overall Rank
The Sharpe Ratio Rank of FREL is 4848
Sharpe Ratio Rank
The Sortino Ratio Rank of FREL is 4747
Sortino Ratio Rank
The Omega Ratio Rank of FREL is 4747
Omega Ratio Rank
The Calmar Ratio Rank of FREL is 4343
Calmar Ratio Rank
The Martin Ratio Rank of FREL is 4747
Martin Ratio Rank

REET
The Risk-Adjusted Performance Rank of REET is 3434
Overall Rank
The Sharpe Ratio Rank of REET is 3535
Sharpe Ratio Rank
The Sortino Ratio Rank of REET is 3434
Sortino Ratio Rank
The Omega Ratio Rank of REET is 3434
Omega Ratio Rank
The Calmar Ratio Rank of REET is 3434
Calmar Ratio Rank
The Martin Ratio Rank of REET is 3535
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.

FREL vs. REET - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Real Estate Index ETF (FREL) and iShares Global REIT ETF (REET). 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.


Sharpe ratio
The chart of Sharpe ratio for FREL, currently valued at 0.27, compared to the broader market-1.000.001.002.003.004.005.00
FREL: 0.27
REET: 0.10
The chart of Sortino ratio for FREL, currently valued at 0.46, compared to the broader market-2.000.002.004.006.008.0010.00
FREL: 0.46
REET: 0.23
The chart of Omega ratio for FREL, currently valued at 1.06, compared to the broader market0.501.001.502.002.50
FREL: 1.06
REET: 1.03
The chart of Calmar ratio for FREL, currently valued at 0.17, compared to the broader market0.005.0010.0015.00
FREL: 0.17
REET: 0.06
The chart of Martin ratio for FREL, currently valued at 0.92, compared to the broader market0.0020.0040.0060.0080.00
FREL: 0.92
REET: 0.29

The current FREL Sharpe Ratio is 0.27, which is higher than the REET Sharpe Ratio of 0.10. The chart below compares the historical Sharpe Ratios of FREL and REET, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
0.27
0.10
FREL
REET

Dividends

FREL vs. REET - Dividend Comparison

FREL's dividend yield for the trailing twelve months is around 3.71%, less than REET's 3.82% yield.


TTM20242023202220212020201920182017201620152014
FREL
Fidelity MSCI Real Estate Index ETF
3.71%3.48%3.73%3.57%2.34%3.77%3.32%5.54%3.27%4.01%3.80%0.00%
REET
iShares Global REIT ETF
3.82%3.63%3.27%2.42%3.18%2.64%5.25%5.73%3.84%5.37%3.56%2.12%

Drawdowns

FREL vs. REET - Drawdown Comparison

The maximum FREL drawdown since its inception was -42.61%, roughly equal to the maximum REET drawdown of -44.59%. Use the drawdown chart below to compare losses from any high point for FREL and REET. For additional features, visit the drawdowns tool.


-18.00%-16.00%-14.00%-12.00%-10.00%-8.00%-6.00%NovemberDecember2025FebruaryMarchApril
-17.33%
-18.51%
FREL
REET

Volatility

FREL vs. REET - Volatility Comparison

Fidelity MSCI Real Estate Index ETF (FREL) and iShares Global REIT ETF (REET) have volatilities of 7.07% and 6.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%NovemberDecember2025FebruaryMarchApril
7.07%
6.86%
FREL
REET
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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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