RWRvsFRELETF Comparison
VS
State Street SPDR Dow Jones REIT ETF (RWR) and Fidelity MSCI Real Estate Index ETF (FREL) belong to the same industry segment: US Real Estate. Both ETFs have the same top 3 sector exposures: and Real Estate. RWR is more expensive with a Total Expense Ratio (TER) of 0.25%, versus 0.08% for FREL. RWR is up 10.92% year-to-date (YTD) with -$105M in YTD flows. FREL performs worse with 8.78% YTD performance, and +$252M in YTD flows. Run a side-by-side ETF comparison of RWR 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.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
RWR vs FREL performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/24/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | RWR FREL | +8.21%+7.88% | +9.05%+6.29% | +10.92%+8.78% | +18.30%+13.99% | +38.15%+31.01% | +28.19%+17.75% |
| Flows | RWR FREL | -$81M-$15M | -$62M+$2M | -$105M+$252M | -$263M+$303M | +$80M+$168M | -$6M+$98M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | RWR FREL | +14.91%+14.82% | +13.66%+13.41% | +17.20%+16.99% | +19.10%+18.91% |
| Max drawdown | RWR FREL | -8.09%-8.45% | -8.09%-8.45% | -18.77%-17.46% | -32.62%-34.35% |
| Max drawdown duration | RWR FREL | 44d44d | 44d44d | 434d441d | 1499d1572d |
Trading data
RWR | FREL | |
Last sale 4/27/2026 at 1:30 PM | $107.95 | $28.73 |
| Previous close 04/24/2026 | $108.27 | $28.90 |
| Consolidated volume 04/24/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of March 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
RWR | FREL | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 4/27/2026 at 1:30 PM
Live
Closed
RWR | FREL | |
|---|---|---|
| Last price | $107.95 | $28.73 |
| 1D performance | -0.30% | -0.57% |
| AuM | $1.77 B | $1.43 B |
| E/R | 0.25% | 0.08% |
Characteristics
RWR | FREL | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | State Street Investment Management | Fidelity |
| Benchmark | Dow Jones U.S. Select REIT Capped Index | MSCI USA IMI Real Estate 25/25 Index |
| N° of holdings | 89 | 113 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 23, 2001 | February 2, 2015 |
| ESG | No | No |
Advertisement
Exposure
Countries
RWR
USA
98.8%
Other
1.2%
FREL
USA
99.19%
Other
0.81%
Sectors
RWR
Real Estate
96.2%
Other
3.8%
FREL
Real Estate
95.17%
Other
4.83%
Advertisement
Diversification
RWR
Total weight of top 15 holdings out of 15
60.51%
FREL
Total weight of top 15 holdings out of 15
57.23%
Top 15 holdings
Data as of March 31, 2026
RWR
PROLOGIS REIT
10.12%
WELLTOWER INC
9.91%
EQUINIX INC COMMON STOCK REIT
4.66%
DIGITAL REALTY REIT
4.62%
SIMON PROPERTY GROUP REIT
4.56%
REALTY INCOME REIT
4.38%
PUBLIC STORAGE REIT
4.18%
VENTAS REIT
4.12%
EXTRA SPACE STORAGE REIT
2.95%
AVALONBAY COMMUNITIES REIT
2.46%
EQUITY RESIDENTIAL REIT
2.16%
ESSEX PROPERTY REIT
1.66%
KIMCO REALTY REIT
1.61%
WP CAREY INC
1.58%
SUN COMMUNITIES REIT
1.55%
FREL
WELLTOWER INC
8.42%
PROLOGIS REIT
8.14%
AMERICAN TOWER CL A REIT
5.32%
EQUINIX INC COMMON STOCK REIT
4.80%
SIMON PROPERTY GROUP REIT
4.15%
DIGITAL REALTY REIT
4.09%
REALTY INCOME REIT
3.77%
PUBLIC STORAGE REIT
2.97%
CBRE GROUP
2.82%
VENTAS REIT
2.64%
CROWN CASTLE INTERNATIONAL
2.38%
IRON MOUNTAIN
2.09%
VICI PROPERTIES INC
2.02%
EXTRA SPACE STORAGE REIT
1.96%
AVALONBAY COMMUNITIES REIT
1.65%
Frequently asked questions about RWR and FREL
How have the RWR and FREL ETFs performed in 2026?
As of April 24, 2026, RWR is up 10.92% year-to-date (YTD), while FREL has returned 8.78%. That puts RWR better performer ahead so far this year.
Which ETF is attracting more investor money: RWR or FREL?
Year-to-date, the RWR ETF saw -$105M in flows, compared to +$252M for FREL.
Which ETF is more volatile: RWR or FREL?
Over the past year, RWR had a volatility of 13.66%, while FREL experienced 13.41%.
Which ETF is bigger: RWR or FREL?
As of April 24, 2026, RWR holds $1.77 B in assets under management (AUM), while FREL manages $1.43 B.
What sectors do the RWR and FREL ETFs invest in?
RWR leans toward sectors like Real Estate. Meanwhile, FREL focuses on Real Estate.
What are the top holdings of the RWR ETF and FREL ETF?
RWR top holdings include PROLOGIS REIT, WELLTOWER INC and EQUINIX INC COMMON STOCK REIT. FREL holds in its top three: WELLTOWER INC, PROLOGIS REIT and AMERICAN TOWER CL A REIT.
Which ETF is more diversified: RWR or FREL?
RWR holds 99 securities with 60.51% of its assets in the top 15. FREL has 127 securities and a top 15 weight of 57.23%.
Advertisement
Latest news about RWR & FREL
Two Ways to Get Real Estate Income with ETFs
August 2, 2024
FREL
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
RWR
FREL
Real Estate ETFs Hit Again by the Rise in Treasury Yields
April 15, 2024
RWR
Advertisement
Real Estate Sector Hit by Stronger-Than-Expected Inflation Data
March 19, 2024
RWR
Real Estate Sector Hit by Stronger-Than-Expected Inflation Data
March 19, 2024
RWR
Real Estate Sector Gains Momentum After Dovish Fed Comments
December 19, 2023
RWR
Real Estate Funds Plunge Again Amid Spike in Interest Rates
October 24, 2023
RWR
Advertisement
