FRELvsUSRTETF Comparison
VS
Fidelity MSCI Real Estate Index ETF (FREL) and iShares Core U.S. REIT ETF (USRT) belong to the same industry segment: US Real Estate. FREL's top 2 sector exposures are Finance and Technology. In contrast, USRT's top sector exposures are Finance and Non-Corporate. FREL is more expensive with a Total Expense Ratio (TER) of 0.084%, versus 0.08% for USRT. FREL is up 8.95% year-to-date (YTD) with +$244M in YTD flows. USRT performs better with 13.87% YTD performance, and +$625M in YTD flows. Run a side-by-side ETF comparison of FREL and USRT 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 USRT performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/30/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FREL USRT | +4.94%+3.56% | -4.87%-5.85% | +8.95%+13.87% | +9.40%+14.33% | +47.09%+56.59% | +4.02%+16.92% |
| Flows | FREL USRT | -$42M-$154M | -$19M-$75M | +$244M+$625M | +$278M+$839M | +$283M+$1.58B | -$345M+$1.59B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FREL USRT | +13.31%+12.60% | +13.89%+13.72% | +16.52%+16.58% | +18.98%+18.93% |
| Max drawdown | FREL USRT | -10.29%-10.36% | -11.58%-12.35% | -17.46%-18.73% | -34.35%-30.96% |
| Max drawdown duration | FREL USRT | 92d92d | 94d96d | 441d434d | 1621d985d |
Trading data
FREL | USRT | |
Last sale 11/2/2026 at 2:30 PM | $28.86 | $64.48 |
| Previous close 10/30/2026 | $28.50 | $63.77 |
| Consolidated volume 10/30/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
FREL | USRT | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 11/2/2026 at 2:30 PM
Live
Closed
FREL | USRT | |
|---|---|---|
| Last price | $28.86 | $64.48 |
| 1D performance | +1.26% | +1.11% |
| AuM | $1.40 B | $4.29 B |
| E/R | 0.084% | 0.08% |
Advertisement
Exposure
Countries
FREL
USA
99.8%
Other
0.2%
USRT
USA
99.58%
Other
0.42%
Sectors
FREL
Finance
98.78%
Other
1.22%
USRT
Finance
99.46%
Other
0.54%
Advertisement
Diversification
FREL
Total weight of top 15 holdings out of 15
60.3%
USRT
Total weight of top 15 holdings out of 15
59.3%
Top 15 holdings
Data as of September 30, 2026
FREL
Welltower, Inc.
9.86%
Prologis, Inc.
7.93%
Equinix, Inc.
5.71%
American Tower Corp.
4.69%
Simon Property Group, Inc.
4.51%
Digital Realty Trust, Inc.
4.11%
Realty Income Corp.
3.47%
Public Storage
3.35%
Equity Residential
3.08%
Ventas, Inc.
2.76%
CBRE Group, Inc.
2.75%
Iron Mountain, Inc.
2.29%
Crown Castle, Inc.
2.05%
Extra Space Storage, Inc.
1.98%
VICI Properties, Inc.
1.76%
USRT
Welltower, Inc.
9.14%
Prologis, Inc.
7.25%
Equinix, Inc.
6.30%
Simon Property Group, Inc.
4.49%
Digital Realty Trust, Inc.
4.36%
Public Storage
4.02%
Realty Income Corp.
3.97%
Equity Residential
3.91%
Ventas, Inc.
3.89%
Iron Mountain, Inc.
2.95%
Extra Space Storage, Inc.
2.48%
VICI Properties, Inc.
2.24%
Essex Property Trust, Inc.
1.55%
Invitation Homes, Inc.
1.40%
Host Hotels & Resorts, Inc.
1.37%
Frequently asked questions about FREL and USRT
How have the FREL and USRT ETFs performed in 2026?
As of October 30, 2026, FREL is up 8.95% year-to-date (YTD), while USRT has returned 13.87%. That puts USRT better performer ahead so far this year.
Which ETF is attracting more investor money: FREL or USRT?
Year-to-date, the FREL ETF saw +$244M in flows, compared to +$625M for USRT.
Which ETF is more volatile: FREL or USRT?
Over the past year, FREL had a volatility of 13.89%, while USRT experienced 13.72%.
Which ETF is bigger: FREL or USRT?
As of October 30, 2026, FREL holds $1.40 B in assets under management (AUM), while USRT manages $4.29 B.
What sectors do the FREL and USRT ETFs invest in?
FREL leans toward sectors like Finance. Meanwhile, USRT focuses on Finance.
What are the top holdings of the FREL ETF and USRT ETF?
FREL top holdings include Welltower, Inc., Prologis, Inc. and Equinix, Inc.. USRT holds in its top three: Welltower, Inc., Prologis, Inc. and Equinix, Inc..
Which ETF is more diversified: FREL or USRT?
FREL holds 118 securities with 60.3% of its assets in the top 15. USRT has 124 securities and a top 15 weight of 59.3%.
Advertisement
Latest news about FREL & USRT
Two Ways to Get Real Estate Income with ETFs
August 2, 2024
FREL
USRT
Real Estate Sector Declines on Fed Minutes
May 27, 2024
FREL
Real Estate Sector Suffers Third Weekly Loss Amid Rising Treasury Yields
April 22, 2024
FREL
Real Estate ETFs Hit Again by the Rise in Treasury Yields
April 15, 2024
USRT
Advertisement
Real Estate Sector Hit by Stronger-Than-Expected Inflation Data
March 19, 2024
USRT
Real Estate Sector Hit by Stronger-Than-Expected Inflation Data
March 19, 2024
USRT
Real Estate Sector Gains Momentum After Dovish Fed Comments
December 19, 2023
FREL
USRT
REIT ETFs: Active Management or Passive Indexing?
March 13, 2023
USRT
Advertisement
