# Portfolio overlap — FPRO vs FREL

Comparing **Fidelity Real Estate Investment ETF** (2026-01-31) and **Fidelity MSCI Real Estate Index ETF** (2026-04-30).

- Shared positions: 40
- Fidelity Real Estate Investment ETF covered by Fidelity MSCI Real Estate Index ETF: 0.6252819670207805340675352874
- Fidelity MSCI Real Estate Index ETF covered by Fidelity Real Estate Investment ETF: 0.6252819670207805340675352876

## Fidelity Real Estate Investment ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| PROLOGIS INC REIT | 0.101134 | ✓ |
| EQUINIX INC | 0.090192 | ✓ |
| WELLTOWER INC | 0.086564 | ✓ |
| AMERICAN TOWER CORP | 0.082417 | ✓ |
| NNN REIT INC | 0.043987 | ✓ |
| KIMCO REALTY CORPORATION | 0.042842 | ✓ |
| PUBLIC STORAGE | 0.041326 | ✓ |
| CBRE GROUP INC - CL A | 0.038933 | ✓ |
| DIGITAL REALTY TRUST INC | 0.038442 | ✓ |
| UDR INC | 0.034803 | ✓ |
| STAG INDUSTRIAL INC CL A | 0.033882 | ✓ |
| VENTAS INC REIT | 0.033724 | ✓ |
| EQUITY RESIDENTIAL REIT | 0.031742 | ✓ |
| IRON MOUNTAIN INC | 0.026904 | ✓ |
| REALTY INCOME CORP REIT | 0.023104 | ✓ |
| AMERICAN HOMES-A | 0.018462 | ✓ |
| SBA COMMUNICATIONS CORP | 0.017617 | ✓ |
| URBAN EDGE PROPERTIES | 0.016472 | ✓ |
| COSTAR GROUP INC | 0.015761 | ✓ |
| TERRENO REALTY CORP | 0.013698 | ✓ |
| JONES LANG LASALLE INC | 0.013500 | ✓ |
| INVITATION HOMES INC | 0.013431 | ✓ |
| CAMDEN PROP TR | 0.013272 | ✓ |
| WEYERHAEUSER CO | 0.011642 | ✓ |
| REGENCY CENTERS CORP REIT | 0.011388 | ✓ |
| HEALTHPEAK PROPERTIES INC | 0.010225 | ✓ |
| COMPASS INC - A | 0.009979 | ✓ |
| FOUR CORNERS PRO | 0.009638 | ✓ |
| PHILLIPS EDISON and CO INC | 0.009184 | ✓ |
| CUBESMART | 0.008982 | ✓ |
| MACERICH COMPANY | 0.008326 | ✓ |
| TANGER INC- REIT | 0.007202 | ✓ |
| EXTRA SPACE STORAGE INC | 0.005991 | ✓ |
| SUN COMMUNITIES INC - REIT | 0.005747 | ✓ |
| Americold Realty Trust Inc | 0.005534 | ✓ |
| ZILLOW GROUP INC CL C | 0.005386 | ✓ |
| LAMAR ADVERTISING CO CL A | 0.005112 | ✓ |
| ACADIA RLTY TR REIT | 0.003996 | ✓ |
| INVENTRUST PROPE | 0.003470 | ✓ |
| FRONTVIEW REIT INC | 0.003198 |  |
| CURBLINE PROPERTIES CORP | 0.002792 | ✓ |

## Fidelity MSCI Real Estate Index ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| WELLTOWER INC | 0.086035 | ✓ |
| PROLOGIS INC REIT | 0.081908 | ✓ |
| AMERICAN TOWER CORP | 0.052947 | ✓ |
| EQUINIX INC | 0.047259 | ✓ |
| DIGITAL REALTY TRUST INC | 0.043222 | ✓ |
| SIMON PROPERTY | 0.042809 |  |
| REALTY INCOME CORP REIT | 0.037021 | ✓ |
| PUBLIC STORAGE | 0.030872 | ✓ |
| CBRE GROUP INC - CL A | 0.027483 | ✓ |
| VENTAS INC REIT | 0.025860 | ✓ |
| CROWN CASTLE INC | 0.025022 |  |
| IRON MOUNTAIN INC | 0.024249 | ✓ |
| VICI PROPERTIES | 0.020362 |  |
| EXTRA SPACE STORAGE INC | 0.019895 | ✓ |
| AVALONBAY COMMUNITIES INC REIT | 0.017087 |  |
| SBA COMMUNICATIONS CORP | 0.015659 | ✓ |
| EQUITY RESIDENTIAL REIT | 0.014843 | ✓ |
| WEYERHAEUSER CO | 0.011789 | ✓ |
| INVITATION HOMES INC | 0.011174 | ✓ |
| ESSEX PROPERTY TRUST INC | 0.011149 |  |
| SUN COMMUNITIES INC - REIT | 0.010578 | ✓ |
| WP CAREY INC | 0.010525 |  |
| KIMCO REALTY CORPORATION | 0.010497 | ✓ |
| JONES LANG LASALLE INC | 0.009961 | ✓ |
| MID AMERICA APT CMNTY INC | 0.009916 |  |
| HOST HOTELS & RE | 0.009820 |  |
| COSTAR GROUP INC | 0.009535 | ✓ |
| REGENCY CENTERS CORP REIT | 0.009030 | ✓ |
| OMEGA HEALTHCARE INVESTORS INC | 0.008746 |  |
| GAMING AND LEISURE PROPRTI INC | 0.008709 |  |
| LAMAR ADVERTISING CO CL A | 0.007975 | ✓ |
| HEALTHPEAK PROPERTIES INC | 0.007555 | ✓ |
| UDR INC | 0.007463 | ✓ |
| EQUITY LIFESTYLE PPTYS INC | 0.007460 |  |
| CAMDEN PROP TR | 0.007401 | ✓ |
| AMERICAN HOMES-A | 0.006890 | ✓ |
| EASTGROUP PROP | 0.006753 |  |
| CUBESMART | 0.006007 | ✓ |
| BRIXMOR PROPERTY | 0.005969 |  |
| BXP INC | 0.005737 |  |
| CARETRUST REIT INC | 0.005726 |  |
| FED REALTY INVS | 0.005724 |  |
| AMERICAN HEALTHCARE REIT INC | 0.005678 |  |
| AGREE REALTY CORP | 0.005550 |  |
| FIRST INDUSTRIAL REALTY TRUST | 0.005435 |  |
| NNN REIT INC | 0.005357 | ✓ |
| REXFORD INDUSTRIAL REALTY INC | 0.005249 |  |
| ZILLOW GROUP INC CL C | 0.004689 | ✓ |
| HEALTHCARE REALTY TRUST INC | 0.004626 |  |
| STAG INDUSTRIAL INC CL A | 0.004588 | ✓ |


## Sources

- N-PORT (fund A) — accession `0000035402-26-002029` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/945908/000003540226002029/0000035402-26-002029-index.htm>
- N-PORT (fund B) — accession `0001410368-26-063884` (as of 2026-04-30)
  <https://www.sec.gov/Archives/edgar/data/945908/000141036826063884/0001410368-26-063884-index.htm>

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