Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →
FRELvsVNQETF Comparison
Fidelity MSCI Real Estate Index ETF (FREL) and Vanguard Real Estate ETF (VNQ) belong to the same industry segment: US Real Estate. Both ETFs have the same top 3 sector exposures: Real Estate and Industrials. FREL is less expensive with a Total Expense Ratio (TER) of 0.08%, versus 0.13% for VNQ. FREL is up 4.52% year-to-date (YTD) with +$264M in YTD flows. VNQ performs worse with 4% YTD performance, and +$393M in YTD flows. Run a side-by-side ETF comparison of FREL and VNQ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FREL vs VNQ performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FREL VNQ | -0.92%-1.31% | +4.24%+3.81% | +4.52%+4.00% | +6.25%+6.06% | +27.46%+26.73% | +23.28%+20.82% |
| Flows | FREL VNQ | +$35M+$178M | +$276M+$784M | +$264M+$393M | +$369M+$314M | +$52M-$698M | +$160M+$1.04B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FREL VNQ | +11.97%+11.94% | +16.37%+16.35% | +17.19%+17.06% | +18.86%+18.76% |
| Max drawdown | FREL VNQ | -3.49%-4.10% | -12.43%-12.42% | -17.46%-17.41% | -34.35%-34.43% |
| Max drawdown duration | FREL VNQ | 9d10d | 79d79d | 441d141d | 1529d1530d |
FREL | VNQ | |
Last sale 3/13/2026 at 1:30 PM | $27.95 | $92.17 |
| Previous close 03/12/2026 | $27.92 | $92.01 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
FREL | VNQ | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FREL | VNQ | |
|---|---|---|
| Last price | $27.95 | $92.17 |
| 1D performance | +0.11% | +0.17% |
| AuM | $1.40 B | $35.61 B |
| E/R | 0.08% | 0.13% |
FREL | VNQ | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Fidelity | Vanguard |
| Benchmark | MSCI USA IMI Real Estate 25/25 Index | MSCI US Investable Market Real Estate 25/50 Transition Index |
| N° of holdings | 116 | 128 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 2, 2015 | September 23, 2004 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the FREL and VNQ ETFs performed in 2026?
As of March 11, 2026, FREL is up 4.52% year-to-date (YTD), while VNQ has returned 4%. That puts FREL better performer ahead so far this year.
Which ETF is attracting more investor money: FREL or VNQ?
Year-to-date, the FREL ETF saw +$264M in flows, compared to +$393M for VNQ.
Which ETF is more volatile: FREL or VNQ?
Over the past year, FREL had a volatility of 16.37%, while VNQ experienced 16.35%.
Which ETF is bigger: FREL or VNQ?
As of March 11, 2026, FREL holds $1.40 B in assets under management (AUM), while VNQ manages $35.61 B.
What sectors do the FREL and VNQ ETFs invest in?
FREL leans toward sectors like Real Estate. Meanwhile, VNQ focuses on Real Estate.
What are the top holdings of the FREL ETF and VNQ ETF?
FREL top holdings include PROLOGIS REIT, WELLTOWER INC and AMERICAN TOWER CL A REIT. VNQ holds in its top three: WELLTOWER INC, PROLOGIS REIT and AMERICAN TOWER CL A REIT.
Which ETF is more diversified: FREL or VNQ?
FREL holds 130 securities with 56.79% of its assets in the top 15. VNQ has 147 securities and a top 15 weight of 57.03%.
REIT Renaissance: The Long-Awaited Comeback Begins
ETF Comparison: Schwab U.S. REIT ETF (SCHH) Versus Vanguard Real Estate ETF (VNQ)
Two Ways to Get Real Estate Income with ETFs
Real Estate Sector Declines on Fed Minutes
Real Estate Sector Suffers Third Weekly Loss Amid Rising Treasury Yields
Real Estate Sector Suffers Third Weekly Loss Amid Rising Treasury Yields
Real Estate ETFs Hit Again by the Rise in Treasury Yields
Real Estate Sector Hit by Stronger-Than-Expected Inflation Data
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
