FREL

Fidelity MSCI Real Estate Index ETF

$27.21

+0.00%

Market closed. Last update: 12:36 PM ET

📎 Investment Objective

The Fidelity MSCI Real Estate Index ETF seeks to provide investment results that correspond, before fees and expenses, to the performance of the MSCI USA IMI Real Estate Index, which represents the real estate sector of the U.S. equity market.

Overview

ETF tracking Fidelity MSCI Real Estate Index ETF

Category Real Estate

Issuer Other

Inception Date 2015-02-05

Market Cap $1.0B

Average Volume N/A

Dividend Yield 3.58%

52-Week Range $24.18 - $29.85

VWAP $27.18

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF employs a passively managed, full-replication approach, attempting to replicate the performance of the underlying index by holding all or substantially all of the securities in the index in the same approximate proportions as the index.

✨ Key Features

Provides exposure to a broad range of U.S. real estate investment trusts (REITs) and real estate operating companies
Seeks to track the performance of the MSCI USA IMI Real Estate Index, a market-cap-weighted index
Low expense ratio of 0.00%
Suitable for investors seeking real estate exposure as part of a diversified portfolio

⚠️ Primary Risks

Market risk: The value of the ETF's shares will fluctuate with changes in the value of the underlying securities in the index
Sector concentration risk: As a sector-specific fund, the ETF is more susceptible to factors affecting the real estate sector
REIT-related risks: REITs are subject to their own set of risks, including changes in property values, interest rates, and management decisions
Tracking error risk: The ETF may not perfectly track the underlying index due to factors such as fund expenses and transaction costs

👤 Best For

The Fidelity MSCI Real Estate Index ETF may be suitable for investors seeking exposure to the U.S. real estate market as part of a diversified portfolio. It can be used for long-term asset allocation, sector rotation, or as a core real estate holding. Investors should be comfortable with the risks associated with the real estate sector and be prepared for potentially higher volatility compared to the broader market.