ICF vs. FREL ETF Comparison

Comparison of iShares Cohen & Steers REIT ETF (ICF) to Fidelity MSCI Real Estate Index ETF (FREL)

ICF

iShares Cohen & Steers REIT ETF

ICF Description

The investment seeks to track the investment results of an index composed of U.S. real estate investment trusts ("REITs"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index consists of selected real estate investment trusts ("REITs"). The objective of the underlying index is to represent relatively large and liquid REITs that may benefit from future consolidation and securitization of the U.S. real estate industry. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$64.84

Average Daily Volume

147,979

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$29.04

Average Daily Volume

168,611

Number of Holdings ^*

140

* may have additional holdings in another (foreign) market

Performance

Period	ICF	FREL
30 Days	-0.49%	-0.21%
60 Days	-1.74%	-1.57%
90 Days	1.49%	1.70%
12 Months	24.69%	25.30%

30 Overlapping Holdings

Symbol	Grade	Weight in ICF	Weight in FREL	Overlap
AMH	C	1.54%	0.82%	0.82%
AMT	C	6.52%	6.08%	6.08%
ARE	F	2.02%	1.14%	1.14%
AVB	B	3.57%	2.16%	2.16%
BXP	C	1.55%	0.79%	0.79%
CCI	C	4.39%	2.99%	2.99%
DLR	B	4.95%	3.77%	3.77%
ELS	C	1.67%	0.85%	0.85%
EQIX	A	8.37%	5.7%	5.7%
EQR	C	2.85%	1.66%	1.66%
ESS	B	2.29%	1.3%	1.3%
EXR	C	3.75%	2.32%	2.32%
FRT	B	1.19%	0.56%	0.56%
HST	C	1.59%	0.82%	0.82%
INVH	D	2.23%	1.37%	1.37%
IRM	C	3.64%	2.22%	2.22%
KIM	A	2.02%	1.12%	1.12%
LAMR	C	1.49%	0.75%	0.75%
MAA	B	2.18%	1.23%	1.23%
O	C	4.79%	3.23%	3.23%
PLD	F	7.27%	7.1%	7.1%
PSA	C	4.7%	3.51%	3.51%
REG	A	1.56%	0.86%	0.86%
REXR	F	1.2%	0.61%	0.61%
SBAC	D	2.65%	1.58%	1.58%
SPG	A	4.91%	3.89%	3.89%
SUI	C	1.74%	1.03%	1.03%
UDR	B	1.72%	0.93%	0.93%
VICI	C	3.56%	2.18%	2.18%
WELL	A	7.89%	5.08%	5.08%

ICF Overweight 0 Positions Relative to FREL

	Symbol	Grade	Weight

ICF Underweight 110 Positions Relative to FREL

Symbol	Grade	Weight
CBRE	B	-2.71%
CSGP	D	-2.05%
VTR	B	-1.72%
WY	F	-1.5%
DOC	C	-1.01%
GLPI	C	-0.89%
CPT	B	-0.86%
JLL	D	-0.84%
WPC	C	-0.8%
Z	A	-0.79%
CUBE	C	-0.72%
OHI	C	-0.65%
BRX	A	-0.58%
EGP	D	-0.56%
NNN	C	-0.51%
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%
KRC	B	-0.29%
CTRE	C	-0.28%
RYN	D	-0.28%
MAC	B	-0.28%
SKT	A	-0.26%
APLE	B	-0.24%
EPR	C	-0.23%
HIW	C	-0.23%
NHI	D	-0.23%
PK	C	-0.22%
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%