ETF comparison
FREL vs XLRE
Both Real Estate.
Fidelity MSCI Real Estate Index ETF · State Street Real Estate Select Sector SPDR ETF
Holdings overlap
31 positions appear in both funds. Buying equal dollars of FREL and XLRE would leave roughly 73.3% of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
Expense ratios are effectively identical (0.084% vs 0.080%).
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with FREL vs XLRE.
Top shared holdings
31 shared in total| # | Holding | In FREL | In XLRE | Overlap |
|---|---|---|---|---|
| 1 | Welltower Inc | 8.60% | 10.18% | 8.60% |
| 2 | Prologis Inc | 8.19% | 9.07% | 8.19% |
| 3 | American Tower Corp | 5.29% | 5.96% | 5.29% |
| 4 | Equinix Inc | 4.72% | 7.11% | 4.72% |
| 5 | Digital Realty Trust Inc | 4.32% | 4.63% | 4.32% |
| 6 | Simon Property Group Inc | 4.28% | 4.57% | 4.28% |
| 7 | Realty Income Corp | 3.70% | 4.39% | 3.70% |
| 8 | Public Storage | 3.09% | 4.19% | 3.09% |
| 9 | CBRE Group Inc | 2.75% | 4.46% | 2.75% |
| 10 | Ventas Inc | 2.58% | 4.40% | 2.58% |
| 11 | Crown Castle Inc | 2.50% | 4.01% | 2.50% |
| 12 | Iron Mountain Inc | 2.42% | 3.42% | 2.42% |
Only in FREL
97 total- Sun Communities Inc 1.06%
- WP Carey Inc 1.05%
- Jones Lang LaSalle Inc 1.00%
- Omega Healthcare Investors Inc 0.87%
- Gaming and Leisure Properties Inc 0.87%
- Lamar Advertising Co 0.80%
- Equity LifeStyle Properties Inc 0.75%
- American Homes 4 Rent 0.69%
- EastGroup Properties Inc 0.67%
- CubeSmart 0.60%
Only in XLRE
1 total- State Street Global Advisors 0.02%
Open FREL or XLRE at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.