FPRO vs. AVRE ETF Comparison

Comparison of Fidelity Real Estate Investment ETF (FPRO) to Avantis Real Estate ETF (AVRE)

FPRO

Fidelity Real Estate Investment ETF

FPRO Description

The investment seeks above-average income and long-term capital growth, consistent with reasonable investment risk. The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. The fund normally invests at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. It invests in domestic and foreign issuers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.77

Average Daily Volume

4,474

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AVRE

Avantis Real Estate ETF

AVRE Description

Avantis Real Estate ETF is an exchange traded fund launched and managed by American Century Investment Management, Inc. The fund invests in the public equity markets across the globe. It invests in the stocks of companies operating across financials, diversified financials, mortgage real estate investment trusts, mortgage reits, real estate, equity real estate investment trusts sectors. The fund invests in growth and value stocks of companies across diversified market capitalizations. It benchmarks the performance of its portfolio against the S&P Global REIT Index. American Century ETF Trust - Avantis Real Estate ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$46.24

Average Daily Volume

31,934

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPRO	AVRE
30 Days	1.27%	2.04%
60 Days	7.07%	6.60%
90 Days	15.66%	14.61%
12 Months	34.36%	33.62%

32 Overlapping Holdings

Symbol	Grade	Weight in FPRO	Weight in AVRE	Overlap
AMH	D	1.92%	0.66%	0.66%
AMT	C	8.86%	5.92%	5.92%
CCI	C	2.71%	2.67%	2.67%
COLD	D	1.53%	0.45%	0.45%
CPT	C	0.95%	0.73%	0.73%
CUBE	C	3.46%	0.65%	0.65%
DLR	C	3.56%	2.79%	2.79%
DRH	C	0.97%	0.05%	0.05%
ELS	D	0.42%	0.66%	0.42%
EQIX	B	6.69%	4.7%	4.7%
EQR	C	2.54%	1.67%	1.67%
EXR	C	1.8%	2.13%	1.8%
FCPT	C	0.81%	0.12%	0.12%
INVH	D	1.36%	1.1%	1.1%
IRM	A	2.04%	1.49%	1.49%
KIM	C	3.83%	0.83%	0.83%
LAMR	C	1.3%	0.63%	0.63%
MAA	C	2.77%	1.0%	1.0%
NNN	A	3.61%	0.48%	0.48%
PECO	C	0.92%	0.25%	0.25%
PLD	D	11.02%	6.16%	6.16%
PSA	C	5.38%	3.14%	3.14%
REG	C	1.02%	0.69%	0.69%
RHP	C	0.53%	0.34%	0.34%
SBAC	B	1.35%	1.27%	1.27%
SKT	A	0.61%	0.19%	0.19%
STAG	D	1.03%	0.39%	0.39%
SUI	D	3.09%	0.91%	0.91%
TRNO	D	0.79%	0.33%	0.33%
UDR	C	3.16%	0.81%	0.81%
VTR	C	5.67%	1.54%	1.54%
WELL	C	2.71%	4.26%	2.71%

FPRO Overweight 5 Positions Relative to AVRE

Symbol	Grade	Weight
CBRE	A	3.97%
CSGP	F	1.52%
UE	C	1.36%
WY	B	0.73%
COMP	C	0.59%

FPRO Underweight 37 Positions Relative to AVRE

Symbol	Grade	Weight
O	A	-2.97%
SPG	A	-2.84%
VICI	C	-1.88%
AVB	C	-1.86%
ARE	D	-1.14%
ESS	C	-1.12%
DOC	C	-0.86%
GLPI	A	-0.73%
HST	D	-0.69%
WPC	C	-0.65%
REXR	D	-0.61%
OHI	C	-0.58%
FRT	D	-0.52%
EGP	D	-0.51%
FR	C	-0.39%
ADC	B	-0.38%
EPRT	C	-0.38%
KRG	C	-0.31%
CTRE	B	-0.26%
IIPR	C	-0.26%
NHI	C	-0.24%
IRT	C	-0.22%
BNL	C	-0.22%
APLE	D	-0.19%
LXP	D	-0.18%
SBRA	C	-0.15%
SHO	D	-0.14%
LTC	D	-0.1%
IVT	C	-0.1%
ALEX	D	-0.08%
UMH	C	-0.08%
GTY	C	-0.08%
NTST	D	-0.06%
CUZ	C	-0.02%
CHCT	F	-0.02%
PSTL	C	-0.01%
UHT	C	-0.0%