FREL vs. HIDV ETF Comparison

Comparison of Fidelity MSCI Real Estate Index ETF (FREL) to AB US High Dividend ETF (HIDV)

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

$28.91

Average Daily Volume

168,611

Number of Holdings ^*

140

* may have additional holdings in another (foreign) market

HIDV

AB US High Dividend ETF

HIDV Description

The fund is an actively-managed exchange-traded fund ("ETF"). The adviser seeks to achieve the fund"s investment objective by investing, under normal circumstances, at least 80% of its net assets in the equity securities of U.S. companies. The fund invests in companies that are determined to be attractive by the adviser with an emphasis on income generation. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$73.59

Average Daily Volume

2,500

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

Performance

Period	FREL	HIDV
30 Days	-0.21%	1.51%
60 Days	-1.57%	4.21%
90 Days	1.70%	4.79%
12 Months	25.30%	34.66%

10 Overlapping Holdings

Symbol	Grade	Weight in FREL	Weight in HIDV	Overlap
BRX	A	0.58%	0.55%	0.55%
EPR	C	0.23%	0.39%	0.23%
GLPI	C	0.89%	0.81%	0.81%
HIW	C	0.23%	0.39%	0.23%
KRC	B	0.29%	0.4%	0.29%
NNN	C	0.51%	0.78%	0.51%
OHI	C	0.65%	0.76%	0.65%
PK	C	0.22%	0.38%	0.22%
VICI	C	2.18%	0.89%	0.89%
WPC	C	0.8%	0.82%	0.8%

FREL Overweight 130 Positions Relative to HIDV

Symbol	Grade	Weight
PLD	F	7.1%
AMT	C	6.08%
EQIX	A	5.7%
WELL	A	5.08%
SPG	A	3.89%
DLR	B	3.77%
PSA	C	3.51%
O	C	3.23%
CCI	C	2.99%
CBRE	B	2.71%
EXR	C	2.32%
IRM	C	2.22%
AVB	B	2.16%
CSGP	D	2.05%
VTR	B	1.72%
EQR	C	1.66%
SBAC	D	1.58%
WY	F	1.5%
INVH	D	1.37%
ESS	B	1.3%
MAA	B	1.23%
ARE	F	1.14%
KIM	A	1.12%
SUI	C	1.03%
DOC	C	1.01%
UDR	B	0.93%
CPT	B	0.86%
REG	A	0.86%
ELS	C	0.85%
JLL	D	0.84%
HST	C	0.82%
AMH	C	0.82%
Z	A	0.79%
BXP	C	0.79%
LAMR	C	0.75%
CUBE	C	0.72%
REXR	F	0.61%
EGP	D	0.56%
FRT	B	0.56%
ADC	A	0.51%
FR	D	0.47%
VNO	C	0.46%
STAG	D	0.45%
RHP	B	0.43%
TRNO	F	0.4%
COLD	D	0.4%
KRG	B	0.4%
EPRT	B	0.37%
SLG	B	0.34%
CUZ	B	0.32%
IRT	A	0.32%
PECO	A	0.31%
SBRA	C	0.29%
CTRE	C	0.28%
RYN	D	0.28%
MAC	B	0.28%
SKT	A	0.26%
APLE	B	0.24%
NHI	D	0.23%
NSA	C	0.22%
PCH	F	0.22%
CDP	C	0.22%
BNL	D	0.21%
DEI	B	0.2%
UE	B	0.19%
LXP	D	0.19%
AKR	B	0.18%
HHH	B	0.18%
FCPT	C	0.18%
MPW	F	0.17%
OUT	A	0.17%
COMP	B	0.17%
CWK	C	0.16%
ROIC	A	0.15%
IVT	A	0.15%
NMRK	C	0.15%
EQC	B	0.14%
SHO	D	0.13%
DRH	B	0.13%
JOE	F	0.12%
XHR	B	0.11%
GTY	A	0.11%
LTC	B	0.11%
ELME	D	0.1%
ESRT	C	0.1%
PEB	D	0.1%
RLJ	C	0.1%
GNL	F	0.1%
PDM	D	0.09%
UNIT	B	0.09%
VRE	B	0.09%
JBGS	F	0.09%
ALEX	B	0.09%
UMH	B	0.09%
AAT	B	0.09%
NTST	C	0.08%
KW	C	0.08%
DEA	D	0.08%
OPEN	F	0.07%
AIV	C	0.07%
NXRT	B	0.07%
CSR	B	0.07%
RDFN	D	0.07%
MMI	C	0.07%
EXPI	D	0.07%
AHH	D	0.06%
PGRE	F	0.06%
PLYM	F	0.06%
BDN	C	0.06%
INN	D	0.05%
FOR	F	0.05%
WSR	A	0.05%
GOOD	B	0.05%
FPI	B	0.04%
ALX	D	0.04%
UHT	D	0.04%
GMRE	F	0.04%
OLP	B	0.04%
LAND	F	0.03%
FRPH	B	0.03%
DHC	F	0.03%
SVC	F	0.03%
CLDT	B	0.03%
PKST	F	0.03%
BFS	C	0.03%
HPP	F	0.03%
CHCT	C	0.03%
TRC	F	0.02%
RMR	F	0.02%
CBL	B	0.02%

FREL Underweight 95 Positions Relative to HIDV

Symbol	Grade	Weight
AAPL	C	-7.19%
NVDA	B	-7.03%
MSFT	D	-5.58%
AMZN	C	-2.98%
GOOGL	C	-2.02%
META	D	-1.72%
NFLX	A	-1.55%
ORCL	A	-1.39%
MRK	D	-1.29%
TSLA	B	-1.29%
PM	B	-1.27%
KO	D	-1.24%
CSCO	B	-1.24%
ACN	B	-1.23%
VZ	C	-1.21%
AVGO	D	-1.21%
CVX	A	-1.21%
T	A	-1.19%
IBM	C	-1.19%
GS	A	-1.16%
MS	A	-1.14%
C	A	-1.06%
PFE	F	-1.06%
UPS	C	-1.04%
ABBV	F	-1.04%
MO	A	-1.03%
BMY	B	-0.99%
CVS	D	-0.99%
D	C	-0.92%
GOOG	C	-0.9%
BRK.A	B	-0.89%
TROW	B	-0.87%
EMN	C	-0.86%
DOW	F	-0.86%
STT	B	-0.86%
LYB	F	-0.85%
FLO	D	-0.83%
UNM	A	-0.83%
WFC	A	-0.83%
UGI	C	-0.83%
OMF	A	-0.83%
WU	F	-0.83%
AMCR	C	-0.83%
AM	A	-0.82%
AGNC	C	-0.82%
DINO	D	-0.82%
BBY	D	-0.81%
IVZ	B	-0.81%
WEN	D	-0.8%
SON	F	-0.8%
JHG	B	-0.8%
OGN	F	-0.79%
RHI	C	-0.78%
GAP	C	-0.78%
LNC	C	-0.78%
UWMC	D	-0.78%
WBA	F	-0.78%
MTG	C	-0.76%
CWEN	C	-0.75%
INGR	C	-0.75%
SNA	A	-0.72%
SWK	D	-0.69%
QCOM	F	-0.68%
AMGN	F	-0.66%
FHN	A	-0.62%
NOW	A	-0.6%
TFSL	A	-0.6%
RF	A	-0.6%
CFG	B	-0.6%
COLB	B	-0.59%
GILD	C	-0.59%
JPM	A	-0.55%
LLY	F	-0.45%
WHR	B	-0.44%
CLX	A	-0.42%
AES	F	-0.41%
CRI	F	-0.4%
HUN	F	-0.4%
KSS	F	-0.38%
MAN	F	-0.37%
TXRH	B	-0.34%
UNH	B	-0.32%
XOM	B	-0.31%
TSN	B	-0.3%
DTE	C	-0.26%
PRGO	C	-0.22%
JNJ	C	-0.22%
V	A	-0.2%
OKE	A	-0.2%
BX	A	-0.18%
M	F	-0.13%
CWEN	C	-0.09%
MCD	D	-0.06%
PLTK	B	-0.05%
MA	B	-0.04%