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PSRvsFRELETF Comparison

ETF 1

PSR

Invesco Active U.S. Real Estate Fund ETF

This fund is part of

US Real Estate

-0.68%

Full PSR fund page

VS

ETF 2

FREL

Fidelity MSCI Real Estate Index ETF

This fund is part of

US Real Estate

-0.68%

Full FREL fund page

Invesco Active U.S. Real Estate Fund ETF (PSR) and Fidelity MSCI Real Estate Index ETF (FREL) belong to the same industry segment: US Real Estate. PSR's top 1 sector exposures are Finance. In contrast, FREL's top sector exposures are Finance and Technology. PSR is more expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.084% for FREL. PSR is up 11.34% year-to-date (YTD) with +$4M in YTD flows. FREL performs worse with 7.41% YTD performance, and +$285M in YTD flows. Run a side-by-side ETF comparison of PSR and FREL below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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PSR vs FREL performance and flow charts

Performance

Cumulative Flows

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

Data Services

Historic performance and flows

Data as of 09/16/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	PSR FREL	-4.47%-4.66%	-3.58%-3.94%	+11.34%+7.41%	+9.97%+4.96%	+28.25%+29.54%	+4.60%+5.30%
Flows	PSR FREL	-+$25M	+$1M+$31M	+$4M+$285M	+$2M+$342M	-$49M+$311M	-$54M-$227M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PSR FREL	+14.39%+14.42%	+13.77%+13.68%	+16.69%+16.87%	+18.86%+18.95%
Max drawdown	PSR FREL	-7.72%-7.56%	-9.11%-8.45%	-16.36%-17.46%	-34.68%-34.35%
Max drawdown duration	PSR FREL	52d50d	45d44d	439d441d	1655d1621d

Trading data

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	PSR	FREL
Last sale 9/17/2026 at 1:30 PM	$100.26	$28.43
Previous close 09/16/2026	$99.99	$28.34
Consolidated volume 09/16/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

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PSR

is actively managed and doesn’t replicate an index

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	PSR	FREL
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/17/2026 at 1:30 PM

Live

Closed

	PSR	FREL
Last price	$100.26	$28.43
1D performance	+0.27%	+0.32%
AuM	$56.95 M	$1.43 B
E/R	0.35%	0.084%

Characteristics

	PSR	FREL
Management strategy	Active	Passive
Provider	Invesco	Fidelity
Benchmark	-	MSCI USA IMI Real Estate 25/25 Index
N° of holdings	31	121
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	November 20, 2008	February 2, 2015
ESG	No	No

More PSR data on Trackinsight

More FREL data on Trackinsight

Exposure

Countries

PSR

USA

100%

Other

-0%

FREL

USA

99.48%

Other

0.52%

Sectors

PSR

Finance

100%

Other

-0%

FREL

Finance

98.47%

Other

1.53%

Diversification

PSR

Total weight of top 15 holdings out of 15

73.83%

FREL

Total weight of top 15 holdings out of 15

57.46%

Top 15 holdings

Data as of July 31, 2026

PSR

American Tower Corp.

9.77%

Prologis, Inc.

9.17%

Welltower, Inc.

8.26%

Digital Realty Trust, Inc.

7.17%

Equinix, Inc.

4.76%

Terreno Realty Corp.

4.47%

Omega Healthcare Investors, Inc.

4.14%

Camden Property Trust

3.82%

UDR, Inc.

3.73%

W.P. Carey, Inc.

3.64%

Public Storage

3.60%

American Healthcare REIT, Inc.

3.38%

Gaming & Leisure Properties, Inc.

2.87%

Equity LifeStyle Properties, Inc.

2.57%

Tanger, Inc.

2.48%

FREL

Welltower, Inc.

9.25%

Prologis, Inc.

7.92%

Equinix, Inc.

5.21%

Simon Property Group, Inc.

4.74%

American Tower Corp.

3.98%

Digital Realty Trust, Inc.

3.96%

Realty Income Corp.

3.66%

Public Storage

3.42%

Ventas, Inc.

2.79%

CBRE Group, Inc.

2.70%

Iron Mountain, Inc.

2.30%

Crown Castle, Inc.

2.03%

Extra Space Storage, Inc.

2.01%

VICI Properties, Inc.

1.81%

AvalonBay Communities, Inc.

1.69%

Frequently asked questions about PSR and FREL

How have the PSR and FREL ETFs performed in 2026?

As of September 16, 2026, PSR is up 11.34% year-to-date (YTD), while FREL has returned 7.41%. That puts PSR better performer ahead so far this year.

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

Year-to-date, the PSR ETF saw +$4M in flows, compared to +$285M for FREL.

Which ETF is more volatile: PSR or FREL?

Over the past year, PSR had a volatility of 13.77%, while FREL experienced 13.68%.

Which ETF is bigger: PSR or FREL?

As of September 16, 2026, PSR holds $56.95 M in assets under management (AUM), while FREL manages $1.43 B.

What sectors do the PSR and FREL ETFs invest in?

PSR leans toward sectors like Finance. Meanwhile, FREL focuses on Finance.

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

PSR top holdings include American Tower Corp., Prologis, Inc. and Welltower, Inc.. FREL holds in its top three: Welltower, Inc., Prologis, Inc. and Equinix, Inc..

PSRvsFRELETF Comparison

Invesco Active U.S. Real Estate Fund ETF

Fidelity MSCI Real Estate Index ETF

PSR vs FREL performance and flow charts

Performance

Cumulative Flows

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

Countries

Sectors

Diversification

Top 15 holdings

How have the PSR and FREL ETFs performed in 2026?

As of September 16, 2026, PSR is up 11.34% year-to-date (YTD), while FREL has returned 7.41%. That puts PSR better performer ahead so far this year.

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

Year-to-date, the PSR ETF saw +$4M in flows, compared to +$285M for FREL.

Which ETF is more volatile: PSR or FREL?

Over the past year, PSR had a volatility of 13.77%, while FREL experienced 13.68%.

Which ETF is bigger: PSR or FREL?

As of September 16, 2026, PSR holds $56.95 M in assets under management (AUM), while FREL manages $1.43 B.

What sectors do the PSR and FREL ETFs invest in?

PSR leans toward sectors like Finance. Meanwhile, FREL focuses on Finance.

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

PSR top holdings include American Tower Corp., Prologis, Inc. and Welltower, Inc.. FREL holds in its top three: Welltower, Inc., Prologis, Inc. and Equinix, Inc..

Which ETF is more diversified: PSR or FREL?

PSR holds 31 securities with 73.83% of its assets in the top 15. FREL has 122 securities and a top 15 weight of 57.46%.

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