FREL vs. SRS ETF Comparison
Comparison of Fidelity MSCI Real Estate Index ETF (FREL) to ProShares UltraShort Real Estate (SRS)
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's underlying index. The fund'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
$29.13
Average Daily Volume
168,084
Number of Holdings
*
140
* may have additional holdings in another (foreign) market
SRS
ProShares UltraShort Real Estate
SRS Description
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Real EstateSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the real estate sector of the U.S. equity market. Component companies include, among others, real estate holding and development and real estate services companies and real estate investment trusts ("REITs"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$45.72
Average Daily Volume
14,715
Number of Holdings
*
87
* may have additional holdings in another (foreign) market
Performance
| Period | FREL | SRS |
|---|---|---|
| 30 Days | -0.24% | 1.06% |
| 60 Days | -1.75% | 4.22% |
| 90 Days | 2.47% | -2.87% |
| 12 Months | 26.25% | -33.05% |
77 Overlapping Holdings
| Symbol | Grade | Weight in FREL | Weight in SRS | Overlap | |
|---|---|---|---|---|---|
| AIV | C | 0.07% | 0.61% | 0.07% | |
| AMH | D | 0.82% | 0.54% | 0.54% | |
| AMT | D | 6.08% | 8.05% | 6.08% | |
| APLE | B | 0.24% | 0.26% | 0.24% | |
| ARE | D | 1.14% | 1.46% | 1.14% | |
| AVB | B | 2.16% | 2.35% | 2.16% | |
| BDN | C | 0.06% | 0.22% | 0.06% | |
| BRX | A | 0.58% | 0.48% | 0.48% | |
| BXP | D | 0.79% | 1.56% | 0.79% | |
| CBRE | B | 2.71% | 1.59% | 1.59% | |
| CCI | D | 2.99% | 4.7% | 2.99% | |
| COLD | D | 0.4% | 0.53% | 0.4% | |
| CPT | B | 0.86% | 0.83% | 0.83% | |
| CSGP | D | 2.05% | 1.85% | 1.85% | |
| CUBE | D | 0.72% | 0.47% | 0.47% | |
| CUZ | B | 0.32% | 0.48% | 0.32% | |
| DEI | B | 0.2% | 0.54% | 0.2% | |
| DLR | B | 3.77% | 2.02% | 2.02% | |
| DOC | D | 1.01% | 1.4% | 1.01% | |
| EGP | F | 0.56% | 0.41% | 0.41% | |
| ELS | C | 0.85% | 1.0% | 0.85% | |
| EPR | D | 0.23% | 0.44% | 0.23% | |
| EQC | B | 0.14% | 0.31% | 0.14% | |
| EQIX | A | 5.7% | 3.91% | 3.91% | |
| EQR | B | 1.66% | 2.24% | 1.66% | |
| ESS | B | 1.3% | 1.59% | 1.3% | |
| EXR | D | 2.32% | 1.13% | 1.13% | |
| FR | C | 0.47% | 0.42% | 0.42% | |
| FRT | B | 0.56% | 0.71% | 0.56% | |
| GLPI | C | 0.89% | 0.72% | 0.72% | |
| HHH | B | 0.18% | 0.42% | 0.18% | |
| HIW | D | 0.23% | 0.41% | 0.23% | |
| HPP | F | 0.03% | 0.45% | 0.03% | |
| HST | C | 0.82% | 1.0% | 0.82% | |
| INVH | D | 1.37% | 1.28% | 1.28% | |
| IRM | D | 2.22% | 0.7% | 0.7% | |
| JBGS | D | 0.09% | 0.37% | 0.09% | |
| JLL | D | 0.84% | 0.69% | 0.69% | |
| KIM | A | 1.12% | 0.67% | 0.67% | |
| KRC | C | 0.29% | 0.63% | 0.29% | |
| LAMR | D | 0.75% | 0.62% | 0.62% | |
| LXP | D | 0.19% | 0.21% | 0.19% | |
| MAA | B | 1.23% | 1.19% | 1.19% | |
| MAC | B | 0.28% | 0.22% | 0.22% | |
| MPW | F | 0.17% | 0.9% | 0.17% | |
| NHI | D | 0.23% | 0.29% | 0.23% | |
| NNN | D | 0.51% | 0.74% | 0.51% | |
| O | D | 3.23% | 1.94% | 1.94% | |
| OHI | C | 0.65% | 0.74% | 0.65% | |
| OUT | A | 0.17% | 0.32% | 0.17% | |
| PCH | D | 0.22% | 0.23% | 0.22% | |
| PDM | D | 0.09% | 0.23% | 0.09% | |
| PEB | D | 0.1% | 0.26% | 0.1% | |
| PGRE | F | 0.06% | 0.22% | 0.06% | |
| PK | B | 0.22% | 0.46% | 0.22% | |
| PLD | D | 7.1% | 4.64% | 4.64% | |
| PSA | D | 3.51% | 2.58% | 2.58% | |
| REG | B | 0.86% | 0.82% | 0.82% | |
| REXR | F | 0.61% | 0.41% | 0.41% | |
| RHP | B | 0.43% | 0.37% | 0.37% | |
| RLJ | C | 0.1% | 0.23% | 0.1% | |
| RYN | D | 0.28% | 0.32% | 0.28% | |
| SBAC | D | 1.58% | 2.21% | 1.58% | |
| SBRA | C | 0.29% | 0.33% | 0.29% | |
| SHO | C | 0.13% | 0.24% | 0.13% | |
| SLG | B | 0.34% | 0.58% | 0.34% | |
| SPG | B | 3.89% | 3.53% | 3.53% | |
| SUI | D | 1.03% | 1.12% | 1.03% | |
| SVC | F | 0.03% | 0.31% | 0.03% | |
| UDR | B | 0.93% | 1.08% | 0.93% | |
| VICI | C | 2.18% | 0.76% | 0.76% | |
| VNO | B | 0.46% | 0.83% | 0.46% | |
| VTR | C | 1.72% | 1.71% | 1.71% | |
| WELL | A | 5.08% | 2.73% | 2.73% | |
| WPC | D | 0.8% | 1.12% | 0.8% | |
| WY | D | 1.5% | 1.8% | 1.5% | |
| XHR | B | 0.11% | 0.18% | 0.11% |
FREL Overweight 63 Positions Relative to SRS
| Symbol | Grade | Weight | |
|---|---|---|---|
| Z | A | 0.79% | |
| ADC | B | 0.51% | |
| STAG | F | 0.45% | |
| TRNO | F | 0.4% | |
| KRG | B | 0.4% | |
| EPRT | B | 0.37% | |
| IRT | A | 0.32% | |
| PECO | A | 0.31% | |
| CTRE | D | 0.28% | |
| SKT | B | 0.26% | |
| NSA | D | 0.22% | |
| CDP | C | 0.22% | |
| BNL | D | 0.21% | |
| UE | C | 0.19% | |
| AKR | B | 0.18% | |
| FCPT | C | 0.18% | |
| COMP | B | 0.17% | |
| CWK | B | 0.16% | |
| ROIC | A | 0.15% | |
| IVT | B | 0.15% | |
| NMRK | B | 0.15% | |
| DRH | B | 0.13% | |
| JOE | F | 0.12% | |
| GTY | B | 0.11% | |
| LTC | B | 0.11% | |
| ELME | D | 0.1% | |
| ESRT | C | 0.1% | |
| GNL | F | 0.1% | |
| UNIT | B | 0.09% | |
| VRE | B | 0.09% | |
| ALEX | C | 0.09% | |
| UMH | C | 0.09% | |
| AAT | B | 0.09% | |
| NTST | D | 0.08% | |
| KW | B | 0.08% | |
| DEA | D | 0.08% | |
| OPEN | D | 0.07% | |
| NXRT | B | 0.07% | |
| CSR | B | 0.07% | |
| RDFN | D | 0.07% | |
| MMI | B | 0.07% | |
| EXPI | C | 0.07% | |
| AHH | D | 0.06% | |
| PLYM | F | 0.06% | |
| INN | D | 0.05% | |
| FOR | F | 0.05% | |
| WSR | A | 0.05% | |
| GOOD | B | 0.05% | |
| FPI | B | 0.04% | |
| ALX | D | 0.04% | |
| UHT | D | 0.04% | |
| GMRE | F | 0.04% | |
| OLP | B | 0.04% | |
| LAND | F | 0.03% | |
| FRPH | A | 0.03% | |
| DHC | F | 0.03% | |
| CLDT | B | 0.03% | |
| PKST | D | 0.03% | |
| BFS | C | 0.03% | |
| CHCT | C | 0.03% | |
| TRC | F | 0.02% | |
| RMR | F | 0.02% | |
| CBL | A | 0.02% |
FREL: Top Represented Industries & Keywords
Industries:
REIT - Retail
REIT - Diversified
REIT - Office
REIT - Residential
REIT - Industrial
REIT - Healthcare Facilities
REIT - Hotel & Motel
Real Estate Services
Real Estate - General
Lumber & Wood Production
Telecom Services
Business Services
Software - Application
Keywords:
Real Estate Investment Trust
S&P 500
Real Estate Market
Retail Properties
Real Estate Properties
Property Management
Equity Global Management
Property
Equity Real Estate Investment Trust
Real Estate Broker
Shopping Mall
Champion Reit
Dream Office Real Estate Investment Trust
Industrial Properties
Land Law
Property Management Services
Real Estate Services
Residential Real Estate
Assisted Living
Healthcare Facilities
SRS: Top Represented Industries & Keywords
Industries:
REIT - Diversified
REIT - Office
REIT - Residential
REIT - Hotel & Motel
REIT - Retail
REIT - Healthcare Facilities
REIT - Industrial
Real Estate Services
Business Services
Lumber & Wood Production
Telecom Services
Real Estate - General
Keywords:
Real Estate Investment Trust
S&P 500
Real Estate Market
Retail Properties
Mortgage Backed Security
Mortgage Loan
Property Management
Structured Finance
Equity Global Management
Equity Real Estate Investment Trust
Industrial Properties
Real Estate Mortgage Investment Conduit
Real Estate Properties
Residential Mortgage Backed Security
Shopping Mall
Assisted Living
Dream Office Real Estate Investment Trust
Healthcare Facilities
Real Estate Services
Sba Communications
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