{
  "page": "compare",
  "query": {
    "a": "PPTY",
    "b": "FREL"
  },
  "retrieved_at": "2026-07-07T15:28:17+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "U.S. Diversified Real Estate ETF",
    "ticker": "PPTY",
    "slug": "PPTY",
    "series_id": "S000061208",
    "html_url": "https://fundwatcher.app/funds/PPTY/"
  },
  "fund_b": {
    "name": "Fidelity MSCI Real Estate Index ETF",
    "ticker": "FREL",
    "slug": "FREL",
    "series_id": "S000047984",
    "html_url": "https://fundwatcher.app/funds/FREL/"
  },
  "overlap": {
    "coverage_a_by_b": "0.4946358424869020879038916433",
    "coverage_b_by_a": "0.4946358424869020879038916434",
    "shared_count": 79,
    "as_of": {
      "a": "2026-02-28",
      "b": "2026-04-30"
    },
    "a_top": [
      {
        "name": "EQUINIX INC",
        "value": "1175931.82",
        "weight": "0.04617643",
        "shared": true
      },
      {
        "name": "PROLOGIS INC REIT",
        "value": "1082676.58",
        "weight": "0.04251449",
        "shared": true
      },
      {
        "name": "FOUR CORNERS PRO",
        "value": "1025546.72",
        "weight": "0.04027112",
        "shared": true
      },
      {
        "name": "AVALONBAY COMMUNITIES INC REIT",
        "value": "929925.81",
        "weight": "0.03651628",
        "shared": true
      },
      {
        "name": "DIGITAL REALTY TRUST INC",
        "value": "928528.00",
        "weight": "0.03646139",
        "shared": true
      },
      {
        "name": "WELLTOWER INC",
        "value": "753916.80",
        "weight": "0.02960477",
        "shared": true
      },
      {
        "name": "EQUITY RESIDENTIAL REIT",
        "value": "732351.06",
        "weight": "0.02875793",
        "shared": true
      },
      {
        "name": "SIMON PROPERTY",
        "value": "724075.20",
        "weight": "0.02843295",
        "shared": true
      },
      {
        "name": "TERRENO REALTY CORP",
        "value": "698122.08",
        "weight": "0.02741382",
        "shared": true
      },
      {
        "name": "KILROY REALTY CORP",
        "value": "628068.84",
        "weight": "0.02466298",
        "shared": true
      },
      {
        "name": "ALEXANDRIA REAL ES EQ INC REIT",
        "value": "598763.20",
        "weight": "0.02351220",
        "shared": true
      },
      {
        "name": "MARRIOTT INTL-A",
        "value": "565904.88",
        "weight": "0.02222193",
        "shared": false
      },
      {
        "name": "WP CAREY INC",
        "value": "560173.60",
        "weight": "0.02199687",
        "shared": true
      },
      {
        "name": "AMERICAN HOMES-A",
        "value": "549840.00",
        "weight": "0.02159109",
        "shared": true
      },
      {
        "name": "STAG INDUSTRIAL INC CL A",
        "value": "512919.16",
        "weight": "0.02014128",
        "shared": true
      },
      {
        "name": "UDR INC",
        "value": "507750.00",
        "weight": "0.01993830",
        "shared": true
      },
      {
        "name": "ESSEX PROPERTY TRUST INC",
        "value": "502566.70",
        "weight": "0.01973476",
        "shared": true
      },
      {
        "name": "EASTERLY GOVERNMENT PROPERTIES INC",
        "value": "495095.76",
        "weight": "0.01944140",
        "shared": true
      },
      {
        "name": "MID AMERICA APT CMNTY INC",
        "value": "459005.94",
        "weight": "0.01802422",
        "shared": true
      },
      {
        "name": "HIGHWOODS PROPERTIES INC",
        "value": "458661.06",
        "weight": "0.01801068",
        "shared": true
      },
      {
        "name": "HILTON WORLDWIDE HOLDINGS INC",
        "value": "450833.88",
        "weight": "0.01770332",
        "shared": false
      },
      {
        "name": "CORPORATE OFFICE PROPERTIES TR",
        "value": "441106.40",
        "weight": "0.01732134",
        "shared": true
      },
      {
        "name": "INNOVATIVE INDUS",
        "value": "434483.84",
        "weight": "0.01706129",
        "shared": false
      },
      {
        "name": "REGENCY CENTERS CORP REIT",
        "value": "426995.00",
        "weight": "0.01676722",
        "shared": true
      },
      {
        "name": "EASTGROUP PROP",
        "value": "422851.74",
        "weight": "0.01660452",
        "shared": true
      },
      {
        "name": "FED REALTY INVS",
        "value": "406255.95",
        "weight": "0.01595284",
        "shared": true
      },
      {
        "name": "INDEPENDENCE REALTY TR INC",
        "value": "402369.31",
        "weight": "0.01580022",
        "shared": true
      },
      {
        "name": "CAMDEN PROP TR",
        "value": "390890.72",
        "weight": "0.01534948",
        "shared": true
      },
      {
        "name": "KIMCO REALTY CORPORATION",
        "value": "356358.60",
        "weight": "0.01399347",
        "shared": true
      },
      {
        "name": "COUSINS PROPERTIES INC",
        "value": "343045.92",
        "weight": "0.01347071",
        "shared": true
      },
      {
        "name": "VORNADO RLTY TST",
        "value": "326188.66",
        "weight": "0.01280876",
        "shared": true
      },
      {
        "name": "VENTAS INC REIT",
        "value": "319912.08",
        "weight": "0.01256229",
        "shared": true
      },
      {
        "name": "ACADIA RLTY TR REIT",
        "value": "319553.00",
        "weight": "0.01254819",
        "shared": true
      },
      {
        "name": "FIRST INDUSTRIAL REALTY TRUST",
        "value": "318162.46",
        "weight": "0.01249359",
        "shared": true
      },
      {
        "name": "BXP INC",
        "value": "315711.14",
        "weight": "0.01239733",
        "shared": true
      },
      {
        "name": "LXP INDUSTRIAL TRUST REIT",
        "value": "307420.68",
        "weight": "0.01207178",
        "shared": true
      },
      {
        "name": "PUBLIC STORAGE",
        "value": "248104.48",
        "weight": "0.00974255",
        "shared": true
      },
      {
        "name": "KITE REALTY GROUP TRUST",
        "value": "244036.40",
        "weight": "0.00958281",
        "shared": true
      },
      {
        "name": "TANGER INC- REIT",
        "value": "241853.56",
        "weight": "0.00949709",
        "shared": true
      },
      {
        "name": "SUN COMMUNITIES INC - REIT",
        "value": "239487.30",
        "weight": "0.00940418",
        "shared": true
      },
      {
        "name": "GETTY REALTY CORP",
        "value": "236632.20",
        "weight": "0.00929206",
        "shared": true
      },
      {
        "name": "PHILLIPS EDISON and CO INC",
        "value": "236622.72",
        "weight": "0.00929169",
        "shared": true
      },
      {
        "name": "AGREE REALTY CORP",
        "value": "235001.60",
        "weight": "0.00922803",
        "shared": true
      },
      {
        "name": "INVITATION HOMES INC",
        "value": "220992.60",
        "weight": "0.00867793",
        "shared": true
      },
      {
        "name": "EQUITY LIFESTYLE PPTYS INC",
        "value": "207927.36",
        "weight": "0.00816488",
        "shared": true
      },
      {
        "name": "EMPIRE STATE REALTY TRUST INC CL A",
        "value": "203512.68",
        "weight": "0.00799153",
        "shared": true
      },
      {
        "name": "EXTRA SPACE STORAGE INC",
        "value": "190901.92",
        "weight": "0.00749633",
        "shared": true
      },
      {
        "name": "REALTY INCOME CORP REIT",
        "value": "187131.00",
        "weight": "0.00734825",
        "shared": true
      },
      {
        "name": "OMEGA HEALTHCARE INVESTORS INC",
        "value": "168414.03",
        "weight": "0.00661327",
        "shared": true
      },
      {
        "name": "HYATT HOTELS CORP CL A",
        "value": "164891.50",
        "weight": "0.00647495",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "WELLTOWER INC",
        "value": "124125047.40",
        "weight": "0.08603530",
        "shared": true
      },
      {
        "name": "PROLOGIS INC REIT",
        "value": "118170297.36",
        "weight": "0.08190786",
        "shared": true
      },
      {
        "name": "AMERICAN TOWER CORP",
        "value": "76388493.06",
        "weight": "0.05294747",
        "shared": false
      },
      {
        "name": "EQUINIX INC",
        "value": "68181473.78",
        "weight": "0.04725890",
        "shared": true
      },
      {
        "name": "DIGITAL REALTY TRUST INC",
        "value": "62356705.50",
        "weight": "0.04322156",
        "shared": true
      },
      {
        "name": "SIMON PROPERTY",
        "value": "61762020.06",
        "weight": "0.04280936",
        "shared": true
      },
      {
        "name": "REALTY INCOME CORP REIT",
        "value": "53411384.40",
        "weight": "0.03702125",
        "shared": true
      },
      {
        "name": "PUBLIC STORAGE",
        "value": "44539089.45",
        "weight": "0.03087156",
        "shared": true
      },
      {
        "name": "CBRE GROUP INC - CL A",
        "value": "39649680.35",
        "weight": "0.02748254",
        "shared": false
      },
      {
        "name": "VENTAS INC REIT",
        "value": "37308079.66",
        "weight": "0.02585950",
        "shared": true
      },
      {
        "name": "CROWN CASTLE INC",
        "value": "36099901.16",
        "weight": "0.02502207",
        "shared": false
      },
      {
        "name": "IRON MOUNTAIN INC",
        "value": "34984021.27",
        "weight": "0.02424862",
        "shared": false
      },
      {
        "name": "VICI PROPERTIES",
        "value": "29377331.60",
        "weight": "0.02036243",
        "shared": false
      },
      {
        "name": "EXTRA SPACE STORAGE INC",
        "value": "28702262.49",
        "weight": "0.01989452",
        "shared": true
      },
      {
        "name": "AVALONBAY COMMUNITIES INC REIT",
        "value": "24652479.00",
        "weight": "0.01708747",
        "shared": true
      },
      {
        "name": "SBA COMMUNICATIONS CORP",
        "value": "22591598.40",
        "weight": "0.01565901",
        "shared": false
      },
      {
        "name": "EQUITY RESIDENTIAL REIT",
        "value": "21414695.96",
        "weight": "0.01484326",
        "shared": true
      },
      {
        "name": "WEYERHAEUSER CO",
        "value": "17008690.32",
        "weight": "0.01178930",
        "shared": false
      },
      {
        "name": "INVITATION HOMES INC",
        "value": "16121413.35",
        "weight": "0.01117430",
        "shared": true
      },
      {
        "name": "ESSEX PROPERTY TRUST INC",
        "value": "16085026.31",
        "weight": "0.01114908",
        "shared": true
      },
      {
        "name": "SUN COMMUNITIES INC - REIT",
        "value": "15260516.48",
        "weight": "0.01057758",
        "shared": true
      },
      {
        "name": "WP CAREY INC",
        "value": "15184609.44",
        "weight": "0.01052497",
        "shared": true
      },
      {
        "name": "KIMCO REALTY CORPORATION",
        "value": "15143973.12",
        "weight": "0.01049680",
        "shared": true
      },
      {
        "name": "JONES LANG LASALLE INC",
        "value": "14370568.36",
        "weight": "0.00996073",
        "shared": false
      },
      {
        "name": "MID AMERICA APT CMNTY INC",
        "value": "14306297.46",
        "weight": "0.00991618",
        "shared": true
      },
      {
        "name": "HOST HOTELS & RE",
        "value": "14167453.70",
        "weight": "0.00981994",
        "shared": true
      },
      {
        "name": "COSTAR GROUP INC",
        "value": "13757059.68",
        "weight": "0.00953549",
        "shared": false
      },
      {
        "name": "REGENCY CENTERS CORP REIT",
        "value": "13027107.60",
        "weight": "0.00902953",
        "shared": true
      },
      {
        "name": "OMEGA HEALTHCARE INVESTORS INC",
        "value": "12618584.44",
        "weight": "0.00874637",
        "shared": true
      },
      {
        "name": "GAMING AND LEISURE PROPRTI INC",
        "value": "12564369.58",
        "weight": "0.00870879",
        "shared": false
      },
      {
        "name": "LAMAR ADVERTISING CO CL A",
        "value": "11505091.28",
        "weight": "0.00797457",
        "shared": false
      },
      {
        "name": "HEALTHPEAK PROPERTIES INC",
        "value": "10899113.61",
        "weight": "0.00755455",
        "shared": true
      },
      {
        "name": "UDR INC",
        "value": "10767614.68",
        "weight": "0.00746340",
        "shared": true
      },
      {
        "name": "EQUITY LIFESTYLE PPTYS INC",
        "value": "10762211.34",
        "weight": "0.00745966",
        "shared": true
      },
      {
        "name": "CAMDEN PROP TR",
        "value": "10677698.46",
        "weight": "0.00740108",
        "shared": true
      },
      {
        "name": "AMERICAN HOMES-A",
        "value": "9941052.96",
        "weight": "0.00689048",
        "shared": true
      },
      {
        "name": "EASTGROUP PROP",
        "value": "9742305.20",
        "weight": "0.00675272",
        "shared": true
      },
      {
        "name": "CUBESMART",
        "value": "8666646.56",
        "weight": "0.00600715",
        "shared": true
      },
      {
        "name": "BRIXMOR PROPERTY",
        "value": "8611396.92",
        "weight": "0.00596885",
        "shared": true
      },
      {
        "name": "BXP INC",
        "value": "8277526.78",
        "weight": "0.00573744",
        "shared": true
      },
      {
        "name": "CARETRUST REIT INC",
        "value": "8261303.40",
        "weight": "0.00572619",
        "shared": true
      },
      {
        "name": "FED REALTY INVS",
        "value": "8258168.50",
        "weight": "0.00572402",
        "shared": true
      },
      {
        "name": "AMERICAN HEALTHCARE REIT INC",
        "value": "8191626.48",
        "weight": "0.00567790",
        "shared": true
      },
      {
        "name": "AGREE REALTY CORP",
        "value": "8006485.52",
        "weight": "0.00554957",
        "shared": true
      },
      {
        "name": "FIRST INDUSTRIAL REALTY TRUST",
        "value": "7840730.43",
        "weight": "0.00543468",
        "shared": true
      },
      {
        "name": "NNN REIT INC",
        "value": "7728190.57",
        "weight": "0.00535667",
        "shared": true
      },
      {
        "name": "REXFORD INDUSTRIAL REALTY INC",
        "value": "7572502.88",
        "weight": "0.00524876",
        "shared": true
      },
      {
        "name": "ZILLOW GROUP INC CL C",
        "value": "6765361.20",
        "weight": "0.00468930",
        "shared": false
      },
      {
        "name": "HEALTHCARE REALTY TRUST INC",
        "value": "6673431.60",
        "weight": "0.00462558",
        "shared": true
      },
      {
        "name": "STAG INDUSTRIAL INC CL A",
        "value": "6619440.66",
        "weight": "0.00458816",
        "shared": true
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001193125-26-180830",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1540305/000119312526180830/0001193125-26-180830-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001410368-26-063884",
      "as_of": "2026-04-30",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/945908/000141036826063884/0001410368-26-063884-index.htm"
    }
  ]
}