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ETF Nasdaq USD

Fidelity Real Estate Income ETF FREI

Issuer: Fidelity SEC registrant: Fidelity Securities Fund Multi-asset · US
Watch FREI (sign in) Add to portfolio (FREI) Set an alert for FREI Compare FREI with other ETFs Position size calculator for FREI at 23.965 USD

How position sizing works
Last price 23.97 USD Change: Up +0.09 Percent change: Up +0.36%

Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed

Net expense ratio
0.57%
Prospectus 10 Jun 2026
Net assets
$4.4B
As of 31 Jul 2026
Holdings
590
As of 31 Jul 2026
12-month distribution yield
1.94%
Quarterly
Asset class
Multi-asset
From holdings

Fidelity Real Estate Income ETF (FREI) is an exchange-traded fund listed on the Nasdaq in the United States, issued by Fidelity. Its category is Multi-asset · US (multi-asset). Its last price was US$23.97 on 20 Oct 2026. Its net expense ratio is 0.57% a year, from its prospectus dated 10 Jun 2026. It reported net assets of US$4.4 billion as of 31 Jul 2026. Its latest holdings report lists 590 holdings as of 31 Jul 2026. Over the last 12 months it paid distributions of US$0.46 a unit, a 12-month distribution yield of 1.94%, paid quarterly.

General information only: nothing on TakeProfits takes into account your objectives, financial situation or needs, and it isn't personal financial advice or a recommendation to buy or sell anything. Consider whether it suits you and get advice from a licensed adviser before acting. Market data may be delayed and comes from third-party sources.

Fees

Total annual operating expenses (gross)
0.59%
Net, after fee waivers or reimbursements
0.57%
Management fee
0.53%
Prospectus date
Not stated
Filed with the SEC
10 Jun 2026

Source: SEC prospectus risk/return data sets (opens in a new tab) Filed

Size and reporting

Net assets
$4,403,678,439
Total assets
$4,415,106,855
Holdings as of
31 Jul 2026
Report made public
23 Sep 2026 (54 days after the month end)

Net assets are for the whole fund series, which for some funds (Vanguard's, for example) also includes mutual fund share classes.

Source: SEC Form N-PORT (opens in a new tab) Filed

Top holdings

Largest 25 of 590 positions, as of 31 Jul 2026. Weight is the percent of net assets the fund reported.

FREI top holdings as of 31 Jul 2026
# Holding Identifier Weight Value (USD) Type Country Currency
1 Fidelity Revere Street Trust Fidelity Cash Central Fund US31635A1051 7.08% $311.7M Short-term investment vehicles (cash funds) United States USD
2 AMERICAN TOWER CORP US03027X1000 1.83% $80.5M Equity (common) United States USD
3 WELLTOWER INC US95040Q1040 1.56% $68.6M Equity (common) United States USD
4 PROLOGIS INC PROLOGIS INC REIT US74340W1036 1.48% $65.3M Equity (common) United States USD
5 EQUINIX INC US29444U7000 1.48% $65.3M Equity (common) United States USD
6 INVITATION HOMES INC US46187W1071 1.26% $55.7M Equity (common) United States USD
7 EQUITY LIFESTYLE PROPERTIES INC EQUITY LIFESTYLE PPTYS INC US29472R1086 1.20% $52.7M Equity (common) United States USD
8 UDR INC US9026531049 0.83% $36.6M Equity (common) United States USD
9 VENTAS INC VENTAS INC REIT US92276F1003 0.76% $33.7M Equity (common) United States USD
10 VICI PPTYS INC US9256521090 0.74% $32.4M Equity (common) United States USD
11 DIGITAL REALTY TRUST INC US2538681030 0.61% $26.8M Equity (common) United States USD
12 SIMON PROPERTY GROUP LP SIMON PROPERTY GROUP LP 5.85% 03/08/2053 US828807DV66 0.60% $26.4M Debt United States USD
13 EQUITY RESIDENTIAL EQUITY RESIDENTIAL REIT US29476L1070 0.56% $24.7M Equity (common) United States USD
14 CROWN CASTLE INC CROWN CASTLE INC 5.8% 03/01/2034 US22822VBE02 0.56% $24.6M Debt United States USD
15 ANNALY CAPITAL MANAGEMENT INC ANNALY CAPITAL MANAGEMENT INC 6.95%/VAR PERP PFD US0357108705 0.55% $24.1M Equity (preferred) United States USD
16 SUN COMMUNITIES INC SUN COMMUNITIES INC - REIT US8666741041 0.54% $23.8M Equity (common) United States USD
17 SIMON PROPERTY GROUP LP SIMON PROPERTY GROUP LP 6.65% 01/15/2054 US828807DX23 0.52% $22.8M Debt United States USD
18 INVITATION HOMES OPERATING PARTNERSHIP LP INVITATION HOMES OPERATING PARTNERSHIP LP 5.5% 08/15/2033 US46188BAF94 0.51% $22.4M Debt United States USD
19 INVITATION HOMES OPERATING PARTNERSHIP LP INVITATION HOMES OPERATING PARTNERSHIP LP 4.15% 04/15/2032 US46188BAD47 0.51% $22.4M Debt United States USD
20 AVALONBAY COMMUNITIES INC AVALONBAY COMMUNITIES INC REIT US0534841012 0.50% $22.1M Equity (common) United States USD
21 Phillips Edison Grocery Center Operating Partnership I LP Phillips Edison Grocery Center Operating Partnership I LP 4.95% 01/15/2035 US71845JAC27 0.50% $21.9M Debt United States USD
22 ESSEX PORTFOLIO LP ESSEX PORTFOLIO LP 4.875% 02/15/2036 US29717PBD87 0.50% $21.8M Debt United States USD
23 PROLOGIS LP PROLOGIS LP 4.9% 06/15/2036 US74340XCV10 0.49% $21.6M Debt United States USD
24 AMERICAN HOMES 4 RENT LP AMERICAN HOMES 4 RENT LP 5.25% 03/15/2035 US02666TAJ60 0.48% $21.3M Debt United States USD
25 PROLOGIS LP PROLOGIS LP 5.25% 06/15/2053 US74340XCF69 0.47% $20.8M Debt United States USD

Source: SEC Form N-PORT (opens in a new tab) Made public Holdings as of 31 Jul 2026

All 590 stored holdings

Breakdowns

Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.

Asset type

Asset type by weight
TypeWeightBar
Debt 39.14%
Equity (common) 20.94%
Mortgage-backed securities 18.84%
Equity (preferred) 10.98%
Short-term investment vehicles (cash funds) 7.09%
Collateralised bond or debt obligations 1.47%
Loans 1.05%

Country

Country by weight
CountryWeightBar
United States 99.07%
Canada 0.24%
Cayman Islands 0.19%
Bermuda 0.02%

The country each issuer is assigned to in the report.

Currency exposure

Currency exposure by weight
CurrencyWeightBar
US dollar (USD) 99.46%
British pound (GBP) 0.05%

The currency each holding is denominated in. Currency hedges are not netted off, so a hedged fund still shows its holdings' currencies.

Sector

Sector weights for holdings matched to listed stocks
SectorWeightBar
Real Estate 17.63%
Finance 1.38%
Unknown 0.56%
Industrials 0.02%

Partial coverage: sectors are known for 19.6% of net assets (61% of the fund's equity weight), the holdings matched by CUSIP or ticker to US stocks listed on this site. The rest is not assigned a sector.

Source: SEC Form N-PORT (opens in a new tab) Holdings as of

Distributions

Paid in the last 12 months
$0.4640
2 payments per unit
12-month yield
1.94%
Distributions only, not total return
Frequency
Quarterly
From the gaps between ex-dates
Latest ex-date
2 Oct 2026

12-month yield = distributions per unit with an ex-date in the last 12 months ($0.4640) ÷ latest price ($23.97) × 100 = 1.94%. It looks back, so it is not a forecast; special distributions in the window are included.

Why a distribution yield is not the fund's return: yield vs total return

Distribution history table (2 payments)
FREI distributions per unit by ex-date
Ex-dateAmount per unit
2 Oct 2026$0.2860
10 Jul 2026$0.1780

Source: Yahoo Finance (opens in a new tab) Checked · 2 days ago Amounts are adjusted for later unit splits

Filings and sources

Compare with

Largest funds in the same category:

Up to four symbols separated by commas. ASX funds end in .AX, for example IVV.AX.

How ETF overlap is measured, with a worked example

IMPORTANT FINANCIAL DISCLAIMER: The information provided on this platform is for educational and informational purposes only and should not be construed as investment advice. All investments involve risk, including potential loss of principal. Past performance does not guarantee future results. Take Profits is not a registered investment advisor and does not provide personalized investment advice. Users should conduct their own research and consult with qualified financial professionals before making investment decisions. Market data may be delayed and is provided by third-party sources.

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