IYR vs. FREL ETF Comparison

Comparison of iShares U.S. Real Estate ETF (IYR) to Fidelity MSCI Real Estate Index ETF (FREL)

IYR

iShares U.S. Real Estate ETF

IYR Description

The investment seeks to track the investment results of an index composed of U.S. equities in the real estate sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Real Estate Index (the "underlying index"), which measures the performance of the real estate sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include real estate investment trusts ("REITs").

Grade (RS Rating)

Last Trade

$102.19

Average Daily Volume

5,364,741

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

Performance

Period	IYR	FREL
30 Days	6.43%	6.69%
60 Days	10.40%	10.62%
90 Days	18.21%	18.61%
12 Months	26.50%	26.99%

62 Overlapping Holdings

Symbol	Grade	Weight in IYR	Weight in FREL	Overlap
ADC	C	0.53%	0.49%	0.49%
AMH	C	0.92%	0.86%	0.86%
AMT	C	7.66%	7.12%	7.12%
ARE	B	1.36%	1.23%	1.23%
AVB	B	2.31%	2.11%	2.11%
BRX	B	0.59%	0.53%	0.53%
BXP	B	0.8%	0.75%	0.75%
CBRE	A	2.48%	2.32%	2.32%
CCI	B	3.58%	3.33%	3.33%
COLD	D	0.54%	0.51%	0.51%
CPT	B	0.93%	0.84%	0.84%
CSGP	D	2.23%	2.05%	2.05%
CUBE	B	0.84%	0.78%	0.78%
CUZ	B	0.31%	0.29%	0.29%
DEI	B	0.14%	0.17%	0.14%
DLR	B	3.57%	3.27%	3.27%
DOC	C	1.1%	1.02%	1.02%
EGP	B	0.63%	0.58%	0.58%
ELS	C	0.98%	0.85%	0.85%
EQIX	B	5.69%	5.3%	5.3%
EQR	B	1.87%	1.69%	1.69%
ESS	B	1.4%	1.28%	1.28%
EXR	B	2.61%	2.42%	2.42%
FR	C	0.52%	0.48%	0.48%
FRT	C	0.61%	0.56%	0.56%
GLPI	B	0.97%	0.92%	0.92%
HHH	C	0.17%	0.15%	0.15%
HST	D	0.85%	0.78%	0.78%
INVH	C	1.48%	1.43%	1.43%
IRM	B	2.37%	2.2%	2.2%
JBGS	B	0.08%	0.09%	0.08%
JLL	B	0.84%	0.77%	0.77%
KIM	B	1.11%	1.03%	1.03%
KRC	B	0.27%	0.25%	0.25%
LAMR	A	0.79%	0.72%	0.72%
LXP	B	0.21%	0.19%	0.19%
MAA	B	1.35%	1.23%	1.23%
MPW	C	0.27%	0.22%	0.22%
NNN	B	0.62%	0.57%	0.57%
NSA	B	0.23%	0.23%	0.23%
O	B	3.78%	3.46%	3.46%
OHI	A	0.7%	0.64%	0.64%
OPEN	D	0.09%	0.08%	0.08%
PCH	C	0.25%	0.23%	0.23%
PLD	C	8.27%	7.76%	7.76%
PSA	B	3.93%	3.65%	3.65%
REG	C	0.85%	0.84%	0.84%
REXR	C	0.76%	0.7%	0.7%
RYN	C	0.31%	0.28%	0.28%
SBAC	C	1.81%	1.67%	1.67%
SBRA	B	0.3%	0.28%	0.28%
SPG	B	3.7%	3.44%	3.44%
STAG	C	0.51%	0.47%	0.47%
SUI	B	1.27%	1.15%	1.15%
UDR	B	0.99%	0.93%	0.93%
VICI	C	2.45%	2.25%	2.25%
VNO	B	0.4%	0.38%	0.38%
VTR	C	1.82%	1.69%	1.69%
WELL	B	4.8%	4.69%	4.69%
WPC	B	0.96%	0.87%	0.87%
WY	C	1.64%	1.47%	1.47%
Z	B	0.67%	0.58%	0.58%

IYR Overweight 11 Positions Relative to FREL

Symbol	Grade	Weight
NLY	A	0.71%
AGNC	A	0.52%
HR	C	0.49%
STWD	A	0.44%
RITM	B	0.39%
LINE	D	0.33%
CDP	B	0.24%
BXMT	C	0.23%
ZG	B	0.21%
NLOP	B	0.03%
SEG	C	0.01%

IYR Underweight 76 Positions Relative to FREL

Symbol	Grade	Weight
TRNO	C	-0.43%
RHP	D	-0.38%
KRG	B	-0.38%
EPRT	A	-0.35%
PECO	B	-0.3%
IRT	B	-0.3%
SLG	B	-0.29%
CTRE	B	-0.27%
EPR	B	-0.24%
NHI	A	-0.24%
HIW	B	-0.23%
MAC	B	-0.23%
APLE	D	-0.22%
BNL	B	-0.22%
SKT	B	-0.22%
PK	D	-0.19%
FCPT	A	-0.18%
UE	B	-0.17%
AKR	C	-0.16%
COMP	B	-0.15%
OUT	B	-0.15%
DBRG	D	-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%
KW	C	-0.08%
PDM	B	-0.08%
UNIT	C	-0.08%
NTST	D	-0.08%
DEA	B	-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%