FREL vs. RIET ETF Comparison

Comparison of Fidelity MSCI Real Estate Index ETF (FREL) to Hoya Capital High Dividend Yield ETF (RIET)

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

$29.13

Average Daily Volume

168,084

Number of Holdings ^*

140

* may have additional holdings in another (foreign) market

RIET

Hoya Capital High Dividend Yield ETF

RIET Description

Hoya Capital High Dividend Yield ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Hoya Capital Real Estate, LLC and Penserra Capital Management, LLC. It invests in the public equity markets of the United States. The fund invests in the stocks of companies operating in the financial, diversified financials, mortgage real estate investment trust, real estate investment trusts, real estate, equity real estate investment trust, real estate management and development and real estate operating companies sectors. The fund invests in dividend paying, growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the Hoya Capital High Dividend Yield Index, by using full replication technique. Hoya Capital High Dividend Yield ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$10.70

Average Daily Volume

58,868

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FREL	RIET
30 Days	-0.24%	-1.24%
60 Days	-1.75%	-3.39%
90 Days	2.47%	1.31%
12 Months	26.25%	20.06%

34 Overlapping Holdings

Symbol	Grade	Weight in FREL	Weight in RIET	Overlap
AHH	D	0.06%	1.1%	0.06%
ALX	D	0.04%	1.14%	0.04%
APLE	B	0.24%	1.5%	0.24%
BDN	C	0.06%	1.26%	0.06%
BNL	D	0.21%	1.27%	0.21%
BXP	D	0.79%	1.84%	0.79%
CCI	D	2.99%	1.5%	1.5%
CHCT	C	0.03%	0.94%	0.03%
DEA	D	0.08%	1.15%	0.08%
DOC	D	1.01%	1.53%	1.01%
EPR	D	0.23%	1.23%	0.23%
EQR	B	1.66%	1.58%	1.58%
EXR	D	2.32%	1.61%	1.61%
GLPI	C	0.89%	1.56%	0.89%
GMRE	F	0.04%	1.08%	0.04%
GNL	F	0.1%	1.1%	0.1%
GOOD	B	0.05%	1.35%	0.05%
HIW	D	0.23%	1.38%	0.23%
KRC	C	0.29%	1.66%	0.29%
LTC	B	0.11%	1.24%	0.11%
MPW	F	0.17%	0.94%	0.17%
NNN	D	0.51%	1.45%	0.51%
NSA	D	0.22%	1.7%	0.22%
O	D	3.23%	1.53%	1.53%
OHI	C	0.65%	1.76%	0.65%
OLP	B	0.04%	1.38%	0.04%
OUT	A	0.17%	1.44%	0.17%
SBRA	C	0.29%	1.41%	0.29%
SPG	B	3.89%	1.68%	1.68%
SVC	F	0.03%	0.54%	0.03%
UHT	D	0.04%	1.21%	0.04%
UNIT	B	0.09%	1.98%	0.09%
VICI	C	2.18%	1.58%	1.58%
WPC	D	0.8%	1.38%	0.8%

FREL Overweight 106 Positions Relative to RIET

Symbol	Grade	Weight
PLD	D	7.1%
AMT	D	6.08%
EQIX	A	5.7%
WELL	A	5.08%
DLR	B	3.77%
PSA	D	3.51%
CBRE	B	2.71%
IRM	D	2.22%
AVB	B	2.16%
CSGP	D	2.05%
VTR	C	1.72%
SBAC	D	1.58%
WY	D	1.5%
INVH	D	1.37%
ESS	B	1.3%
MAA	B	1.23%
ARE	D	1.14%
KIM	A	1.12%
SUI	D	1.03%
UDR	B	0.93%
CPT	B	0.86%
REG	B	0.86%
ELS	C	0.85%
JLL	D	0.84%
HST	C	0.82%
AMH	D	0.82%
Z	A	0.79%
LAMR	D	0.75%
CUBE	D	0.72%
REXR	F	0.61%
BRX	A	0.58%
EGP	F	0.56%
FRT	B	0.56%
ADC	B	0.51%
FR	C	0.47%
VNO	B	0.46%
STAG	F	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%
CTRE	D	0.28%
RYN	D	0.28%
MAC	B	0.28%
SKT	B	0.26%
NHI	D	0.23%
PK	B	0.22%
PCH	D	0.22%
CDP	C	0.22%
DEI	B	0.2%
UE	C	0.19%
LXP	D	0.19%
AKR	B	0.18%
HHH	B	0.18%
FCPT	C	0.18%
COMP	B	0.17%
CWK	B	0.16%
ROIC	A	0.15%
IVT	B	0.15%
NMRK	B	0.15%
EQC	B	0.14%
SHO	C	0.13%
DRH	B	0.13%
JOE	F	0.12%
XHR	B	0.11%
GTY	B	0.11%
ELME	D	0.1%
ESRT	C	0.1%
PEB	D	0.1%
RLJ	C	0.1%
PDM	D	0.09%
VRE	B	0.09%
JBGS	D	0.09%
ALEX	C	0.09%
UMH	C	0.09%
AAT	B	0.09%
NTST	D	0.08%
KW	B	0.08%
OPEN	D	0.07%
AIV	C	0.07%
NXRT	B	0.07%
CSR	B	0.07%
RDFN	D	0.07%
MMI	B	0.07%
EXPI	C	0.07%
PGRE	F	0.06%
PLYM	F	0.06%
INN	D	0.05%
FOR	F	0.05%
WSR	A	0.05%
FPI	B	0.04%
LAND	F	0.03%
FRPH	A	0.03%
DHC	F	0.03%
CLDT	B	0.03%
PKST	D	0.03%
BFS	C	0.03%
HPP	F	0.03%
TRC	F	0.02%
RMR	F	0.02%
CBL	A	0.02%

FREL Underweight 29 Positions Relative to RIET

Symbol	Grade	Weight
CLPR	D	-1.51%
STWD	C	-1.45%
AGNC	D	-1.41%
KREF	D	-1.34%
NREF	A	-1.33%
CTO	B	-1.25%
ABR	C	-1.24%
GPMT	C	-1.22%
ACRE	C	-1.2%
LADR	B	-1.19%
TRTX	B	-1.18%
PSTL	D	-1.17%
BXMT	C	-1.17%
EFC	C	-1.15%
DX	B	-1.15%
CIO	D	-1.14%
BRSP	B	-1.14%
FBRT	C	-1.14%
PMT	D	-1.08%
IIPR	D	-1.06%
ARI	C	-1.01%
CMTG	F	-1.01%
RC	D	-0.97%
AFCG	D	-0.87%
CHMI	F	-0.82%
SACH	F	-0.55%
NYMTN	D	-0.34%
NYMTM	B	-0.32%
AGNCN	B	-0.31%