FREL vs. HIBL ETF Comparison

Comparison of Fidelity MSCI Real Estate Index ETF (FREL) to Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL)

FREL

Fidelity MSCI Real Estate Index ETF

FREL Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Real Estate Index. The fund invests at least 80% of assets in securities included in the fund&#39;s underlying index. The fund&#39;s underlying index is the MSCI USA IMI Real Estate Index, which represents the performance of the real estate sector in the U.S. equity market. The fund may or may not hold all of the securities in the MSCI USA IMI Real Estate Index.

Grade (RS Rating)

Last Trade

$29.58

Average Daily Volume

181,462

Number of Holdings ^*

138

* may have additional holdings in another (foreign) market

HIBL

Direxion Daily S&P 500 High Beta Bull 3X Shares

HIBL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the S&P 500Â® High Beta Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index provider selects 100 securities to include in the index from the S&P 500Â® Index that have the highest sensitivity to market movements, or beta over the past 12 months as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$43.88

Average Daily Volume

103,435

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FREL	HIBL
30 Days	6.69%	-2.56%
60 Days	10.62%	-7.74%
90 Days	18.61%	-2.58%
12 Months	26.99%	30.23%

2 Overlapping Holdings

	Symbol	Grade	Weight in FREL	Weight in HIBL	Overlap
	ARE	B	1.23%	0.64%	0.64%
	BXP	B	0.75%	0.74%	0.74%

FREL Overweight 136 Positions Relative to HIBL

Symbol	Grade	Weight
PLD	C	7.76%
AMT	C	7.12%
EQIX	B	5.3%
WELL	B	4.69%
PSA	B	3.65%
O	B	3.46%
SPG	B	3.44%
CCI	B	3.33%
DLR	B	3.27%
EXR	B	2.42%
CBRE	A	2.32%
VICI	C	2.25%
IRM	B	2.2%
AVB	B	2.11%
CSGP	D	2.05%
VTR	C	1.69%
EQR	B	1.69%
SBAC	C	1.67%
WY	C	1.47%
INVH	C	1.43%
ESS	B	1.28%
MAA	B	1.23%
SUI	B	1.15%
KIM	B	1.03%
DOC	C	1.02%
UDR	B	0.93%
GLPI	B	0.92%
WPC	B	0.87%
AMH	C	0.86%
ELS	C	0.85%
REG	C	0.84%
CPT	B	0.84%
HST	D	0.78%
CUBE	B	0.78%
JLL	B	0.77%
LAMR	A	0.72%
REXR	C	0.7%
OHI	A	0.64%
Z	B	0.58%
EGP	B	0.58%
NNN	B	0.57%
FRT	C	0.56%
BRX	B	0.53%
COLD	D	0.51%
ADC	C	0.49%
FR	C	0.48%
STAG	C	0.47%
TRNO	C	0.43%
VNO	B	0.38%
RHP	D	0.38%
KRG	B	0.38%
EPRT	A	0.35%
PECO	B	0.3%
IRT	B	0.3%
SLG	B	0.29%
CUZ	B	0.29%
SBRA	B	0.28%
RYN	C	0.28%
CTRE	B	0.27%
KRC	B	0.25%
EPR	B	0.24%
NHI	A	0.24%
PCH	C	0.23%
HIW	B	0.23%
MAC	B	0.23%
NSA	B	0.23%
MPW	C	0.22%
APLE	D	0.22%
BNL	B	0.22%
SKT	B	0.22%
PK	D	0.19%
LXP	B	0.19%
FCPT	A	0.18%
UE	B	0.17%
DEI	B	0.17%
AKR	C	0.16%
COMP	B	0.15%
OUT	B	0.15%
DBRG	D	0.15%
HHH	C	0.15%
JOE	C	0.14%
EQC	B	0.14%
CWK	B	0.14%
NMRK	B	0.14%
ROIC	B	0.13%
SHO	D	0.13%
IVT	B	0.13%
GNL	B	0.12%
DRH	C	0.12%
LTC	B	0.11%
ESRT	B	0.1%
PEB	D	0.1%
GTY	B	0.1%
UMH	C	0.09%
RLJ	D	0.09%
RDFN	C	0.09%
ALEX	B	0.09%
XHR	C	0.09%
JBGS	B	0.09%
KW	C	0.08%
PDM	B	0.08%
UNIT	C	0.08%
NTST	D	0.08%
DEA	B	0.08%
OPEN	D	0.08%
AAT	B	0.08%
PLYM	D	0.07%
MMI	C	0.07%
NXRT	B	0.07%
CSR	B	0.07%
EXPI	C	0.07%
AIV	B	0.07%
BDN	B	0.06%
WSR	D	0.05%
AHH	B	0.05%
SVC	F	0.05%
PGRE	C	0.05%
UHT	B	0.04%
OLP	B	0.04%
ALX	B	0.04%
DHC	B	0.04%
HPP	D	0.04%
GMRE	C	0.04%
INN	C	0.04%
GOOD	B	0.04%
FOR	C	0.04%
FRPH	D	0.03%
CLDT	D	0.03%
LAND	C	0.03%
FPI	D	0.03%
CHCT	F	0.03%
BFS	C	0.03%
PKST	C	0.03%
CBL	D	0.02%
TRC	C	0.02%
RMR	C	0.02%

FREL Underweight 98 Positions Relative to HIBL

Symbol	Grade	Weight
SMCI	F	-1.54%
MPWR	C	-1.31%
NVDA	D	-1.27%
AMD	F	-1.26%
TER	D	-1.12%
AVGO	C	-1.11%
TSLA	C	-1.08%
ALB	F	-1.02%
BLDR	C	-1.0%
KLAC	D	-0.97%
LRCX	F	-0.95%
ANET	B	-0.93%
ON	D	-0.93%
AMAT	D	-0.93%
ENPH	C	-0.92%
CZR	C	-0.9%
CRWD	F	-0.9%
NCLH	C	-0.88%
CCL	C	-0.85%
MCHP	D	-0.84%
MU	F	-0.84%
QCOM	D	-0.83%
META	A	-0.82%
ALGN	D	-0.81%
GNRC	D	-0.81%
WDC	D	-0.8%
URI	B	-0.8%
CDNS	D	-0.79%
NXPI	D	-0.78%
FSLR	C	-0.78%
ORCL	B	-0.75%
SNPS	D	-0.75%
BX	B	-0.74%
NOW	A	-0.73%
AMZN	C	-0.73%
UBER	C	-0.72%
CARR	B	-0.72%
PWR	B	-0.72%
SWKS	F	-0.71%
KKR	B	-0.7%
PANW	D	-0.69%
QRVO	F	-0.69%
ADI	D	-0.69%
ABNB	D	-0.68%
KEYS	C	-0.68%
ADSK	B	-0.68%
AAL	D	-0.68%
PODD	B	-0.68%
HUBB	B	-0.67%
RCL	B	-0.67%
DAY	D	-0.67%
ADBE	D	-0.67%
JBL	D	-0.67%
ETN	C	-0.67%
PHM	B	-0.66%
PYPL	B	-0.66%
INTU	D	-0.65%
RMD	C	-0.64%
ZBRA	B	-0.64%
CRM	D	-0.64%
UAL	B	-0.64%
CEG	C	-0.64%
PH	B	-0.63%
EFX	C	-0.63%
DHI	B	-0.62%
VST	C	-0.62%
ISRG	C	-0.62%
IDXX	C	-0.61%
MHK	B	-0.61%
INTC	F	-0.6%
AES	C	-0.6%
ANSS	F	-0.6%
DECK	C	-0.6%
LEN	B	-0.6%
FICO	A	-0.6%
KEY	B	-0.59%
BKNG	B	-0.59%
LW	D	-0.59%
FCX	D	-0.59%
ROK	D	-0.59%
TXN	C	-0.58%
KMX	D	-0.58%
CRL	D	-0.58%
LULU	D	-0.57%
APH	D	-0.56%
GE	B	-0.56%
IQV	C	-0.56%
IVZ	C	-0.55%
GOOG	D	-0.55%
ETSY	F	-0.54%
APTV	D	-0.54%
MGM	D	-0.54%
TROW	D	-0.54%
CPRT	D	-0.52%
EPAM	D	-0.51%
MLM	D	-0.49%
BBWI	F	-0.47%
WBD	D	-0.47%