---
ticker: "FREL"
name: "Fidelity MSCI Real Estate Index ETF"
url: "https://etf.net/etf/FREL"
grade: "A"
score: 82
graded_at: "2026-10-12"
category: "US Real Estate"
category_rank: "1 of 22"
methodology: "https://etf.net/methodology"
---

# FREL: Fidelity MSCI Real Estate Index ETF

Grade **A**, Score 82 of 100. Rank 1 of 22 in US Real Estate.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 93 | 1 of 22 |
| Mission | 99 | 9 of 16 |
| Risk | 54 | 8 of 22 |
| Tradability | 70 | 8 of 22 |
| Holdings | 77 | 6 of 22 |
| Durability | 65 | 10 of 22 |

## Top holdings

The fund holds 127 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | WELL | Welltower Inc | 9.54% |
| 2 | PLD | Prologis Inc Reit | 7.65% |
| 3 | EQIX | Equinix Inc | 5.76% |
| 4 | AMT | American Tower Corp | 5.01% |
| 5 | SPG | Simon Ppty Group Inc - Reit | 4.35% |
| 6 | DLR | Digital Realty Trust Inc | 4.08% |
| 7 | O | Realty Income Corp Reit | 3.36% |
| 8 | PSA | Public Storage | 3.34% |
| 9 | EQR | Vivmark Residential | 3.04% |
| 10 | CBRE | Cbre Group Inc - Class A | 2.66% |
| 11 | VTR | Ventas Inc Reit | 2.59% |
| 12 | CCI | Crown Castle Inc | 2.38% |
| 13 | IRM | Iron Mountain Inc | 2.34% |
| 14 | EXR | Extra Space Storage Inc | 1.98% |
| 15 | VICI | Vici Pptys Inc | 1.70% |
| 16 | SBAC | Sba Communications Corp | 1.37% |
| 17 | ESS | Essex Property Trust Inc | 1.21% |
| 18 | HST | Host Hotels & Resorts Inc | 1.11% |
| 19 | INVH | Invitation Homes Inc | 1.08% |
| 20 | KIM | Kimco Realty Corporation | 1.04% |
| 21 | SUI | Sun Communities Inc - Reit | 1.00% |
| 22 | JLL | Jones Lang Lasalle Inc | 0.99% |
| 23 | WY | Weyerhaeuser Co | 0.97% |
| 24 | WPC | Wp Carey Inc | 0.96% |
| 25 | MAA | Mid America Apt Cmnty Inc | 0.95% |
| 26 | DOC | Healthpeak Properties Inc | 0.93% |
| 27 | LAMR | Lamar Advertising Co Class A | 0.89% |
| 28 | REG | Regency Centers Corp Reit | 0.88% |
| 29 | — | Securities Lending Cf | 0.87% |
| 30 | OHI | Omega Healthcare Investors Inc | 0.87% |

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