New

Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →

Advertisement
ETF Central logo
Advertisement

FRELvsPSRETF Comparison

ETF 1
FREL

Fidelity MSCI Real Estate Index ETF

This fund is part of
US Real Estate
-0.99%
Full FREL fund page
VS
ETF 2
PSR

Invesco Active U.S. Real Estate Fund ETF

This fund is part of
US Real Estate
-0.99%
Full PSR fund page

Fidelity MSCI Real Estate Index ETF (FREL) and Invesco Active U.S. Real Estate Fund ETF (PSR) belong to the same industry segment: US Real Estate. FREL's top 3 sector exposures are Real Estate and Industrials. In contrast, PSR's top sector exposures are Real Estate  FREL is less expensive with a Total Expense Ratio (TER) of 0.08%, versus 0.55% for PSR. FREL is up 5.65% year-to-date (YTD) with +$264M in YTD flows. PSR performs better with 7.08% YTD performance, and -$2M in YTD flows. Run a side-by-side ETF comparison of FREL and PSR below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios.  Discover our library of Model portfolios

FREL vs PSR performance and flow charts

Performance

-1.00.01.02.03.04.0%Feb 10Feb 18Feb 25Mar 4Mar 11

Cumulative Flows

010,000,00020,000,00030,000,00040,000,000Feb 10Feb 18Feb 25Mar 4Mar 11

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/10/2026
1M3MYTD1Y3Y5Y
Perf.
FREL
PSR
-0.36%+0.03%
+5.83%+6.88%
+5.65%+7.08%
+6.16%+7.62%
+30.55%+22.35%
+25.96%+21.77%
Flows
FREL
PSR
+$35M-
+$276M-$3M
+$264M-$2M
+$369M-$15M
+$43M-$77M
+$163M-$40M
Volatility and drawdown
3M1Y3Y5Y
Volatility
FREL
PSR
+11.75%+12.34%
+16.37%+15.78%
+17.19%+16.96%
+18.86%+18.86%
Max drawdown
FREL
PSR
-3.47%-3.63%
-12.43%-11.88%
-17.46%-16.57%
-34.35%-34.68%
Max drawdown duration
FREL
PSR
21d18d
79d68d
441d141d
1528d1529d
Trading data

Create an account to view trading data

Join for free
FREL
PSR
Last sale
3/12/2026 at 5:59 PM
$28.08
$96.35
Previous close
03/11/2026
$28.11
$96.70
Consolidated volume
03/11/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

Create an account to view replication metrics

Join for free

PSR
is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free
FREL
PSR
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Advertisement
Main metrics
Last update 3/12/2026 at 5:59 PM
Live
Closed
FREL
PSR
Last price
$28.08
$96.35
1D performance
-0.11%
-0.36%
AuM$1.41 B$49.38 M
E/R0.08%0.55%
Characteristics
FREL
PSR
Management strategyPassiveActive
ProviderFidelityInvesco
BenchmarkMSCI USA IMI Real Estate 25/25 Index-
N° of holdings11629
Asset classEquities-
Trailing 12m distribution yield
Join
Join
Inception dateFebruary 2, 2015November 20, 2008
ESGNoNo
Advertisement
Exposure

Countries

FREL
USA
99.48%
Other
0.52%
PSR
USA
100%
Other
-0%

Sectors

FREL
Real Estate
95.22%
Other
4.78%
PSR
Real Estate
94.12%
Other
5.88%
Advertisement

Diversification

FREL

Total weight of top 15 holdings out of 15

56.79%
PSR

Total weight of top 15 holdings out of 15

71.22%

Top 15 holdings

Data as of January 31, 2026
FREL
PROLOGIS REIT
8.09%
WELLTOWER INC
7.79%
AMERICAN TOWER CL A REIT
5.69%
EQUINIX INC COMMON STOCK REIT
4.56%
SIMON PROPERTY GROUP REIT
4.14%
DIGITAL REALTY REIT
3.74%
REALTY INCOME REIT
3.64%
CBRE GROUP
3.50%
PUBLIC STORAGE REIT
2.99%
CROWN CASTLE INTERNATIONAL
2.56%
VENTAS REIT
2.20%
VICI PROPERTIES INC
2.04%
EXTRA SPACE STORAGE REIT
2.03%
COSTAR GROUP
1.92%
IRON MOUNTAIN
1.90%
PSR
AMERICAN TOWER CL A REIT
8.37%
PROLOGIS REIT
8.30%
WELLTOWER INC
7.42%
DIGITAL REALTY REIT
7.18%
EQUINIX INC COMMON STOCK REIT
4.70%
CUBESMART REIT
4.63%
CROWN CASTLE INTERNATIONAL
4.25%
GAMING AND LEISURE PROPERTIES
4.22%
TANGER FACTORY REIT
4.06%
AVALONBAY COMMUNITIES REIT
3.84%
UDR REIT
3.17%
IRON MOUNTAIN
3.17%
CAMDEN PROPERTY REIT
2.79%
OMEGA HEALTHCARE REIT
2.59%
EASTGROUP PROPERTIES REIT
2.53%
Frequently asked questions about FREL and PSR

How have the FREL and PSR ETFs performed in 2026?

As of March 10, 2026, FREL is up 5.65% year-to-date (YTD), while PSR has returned 7.08%. That puts PSR better performer ahead so far this year.

Which ETF is attracting more investor money: FREL or PSR?

Year-to-date, the FREL ETF saw +$264M in flows, compared to -$2M for PSR.

Which ETF is more volatile: FREL or PSR?

Over the past year, FREL had a volatility of 16.37%, while PSR experienced 15.78%.

Which ETF is bigger: FREL or PSR?

As of March 10, 2026, FREL holds $1.41 B in assets under management (AUM), while PSR manages $49.38 M.

What sectors do the FREL and PSR ETFs invest in?

FREL leans toward sectors like Real Estate. Meanwhile, PSR focuses on Real Estate.

What are the top holdings of the FREL ETF and PSR ETF?

FREL top holdings include PROLOGIS REIT, WELLTOWER INC and AMERICAN TOWER CL A REIT. PSR holds in its top three: AMERICAN TOWER CL A REIT, PROLOGIS REIT and WELLTOWER INC.

Which ETF is more diversified: FREL or PSR?

FREL holds 130 securities with 56.79% of its assets in the top 15. PSR has 31 securities and a top 15 weight of 71.22%.

Advertisement
Advertisement
Advertisement
Webcast on Demand

Calamos Investments Powers the Next Phase of the Autocallable Revolution

Join J.P. Morgan’s Bram Kaplan, Head of Americas Equity Derivatives Strategy and Matt Kaufman from Calamos Investments as they dive into the growing global opportunity in autocallable income—an increasingly dominant strategy within structured products, now available through ETFs.

Accepted for 1 CE Credit

Calamos Webcast