---
ticker: "FREI"
name: "Fidelity Real Estate Income ETF"
url: "https://etf.net/etf/FREI"
grade: "D"
score: 37
graded_at: "2026-10-12"
category: "Global & International Real Estate"
category_rank: "16 of 18"
methodology: "https://etf.net/methodology"
---

# FREI: Fidelity Real Estate Income ETF

Grade **D**, Score 37 of 100. Rank 16 of 18 in Global & International Real Estate.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 0 | 18 of 18 |
| Mission | Not scored | — |
| Risk | 68 | 2 of 18 |
| Tradability | 44 | 12 of 18 |
| Holdings | 100 | 1 of 18 |
| Durability | 28 | 16 of 18 |

## Top holdings

The fund holds 608 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Cash Cf | 2.93% |
| 2 | AMT | American Tower Corp | 2.02% |
| 3 | WELL | Welltower Inc | 1.58% |
| 4 | EQIX | Equinix Inc | 1.57% |
| 5 | PLD | Prologis Inc Reit | 1.40% |
| 6 | INVH | Invitation Homes Inc | 1.20% |
| 7 | ELS | Equity Lifestyle Pptys Inc | 1.14% |
| 8 | EQR | Vivmark Residential | 1.05% |
| 9 | UDR | Udr Inc | 0.80% |
| 10 | VTR | Ventas Inc Reit | 0.73% |
| 11 | VICI | Vici Pptys Inc | 0.67% |
| 12 | SUI | Sun Communities Inc - Reit | 0.65% |
| 13 | DLR | Digital Realty Trust Inc | 0.61% |
| 14 | — | Prologis Lp 4.9% 06/15/36 | 0.60% |
| 15 | — | Essex Portfolio 4.875% 2/15/36 | 0.60% |
| 16 | — | Simon Property 5.85% 03/08/53 | 0.60% |
| 17 | — | Crown Castle In 5.8% 03/01/34 | 0.57% |
| 18 | NLY-PF | Annaly Cap 6.95%/VAR Perp Pfd | 0.57% |
| 19 | — | Ventas Rlty Ldp 5% 02/15/36 | 0.53% |
| 20 | — | Invitation Hms 4.15% 04/15/32 | 0.52% |
| 21 | — | Simon Property 6.65% 01/15/54 | 0.52% |
| 22 | — | Invitation Hms 5.5% 08/15/33 | 0.51% |
| 23 | — | Phillips Ed Gc 4.95% 01/15/35 | 0.50% |
| 24 | — | Alexandria Real 7.25%/VAR 2/57 | 0.50% |
| 25 | — | American Homes 5.25% 03/15/35 | 0.49% |
| 26 | EXR | Extra Space Storage Inc | 0.48% |
| 27 | — | Bx 2019-OC11 E Cstr 12/41 | 0.48% |
| 28 | PSA | Public Storage | 0.47% |
| 29 | — | Nnn Reit Inc 5.5% 06/15/34 | 0.47% |
| 30 | — | Prologis Lp 5.25% 06/15/53 | 0.47% |

Source: etf.net, https://etf.net/etf/FREI. Please cite the page URL.