Fidelity Real Estate Income ETF
FREI
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Bill Maclay
- Sector
- Real Estate
- Industry
- REIT - Diversified
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Jun 18, 2026
- Website
- fidelity.com
- Similar Companies
- Business
- Fidelity Real Estate Income ETF (FREI) is an actively managed ETF that seeks income by investing primarily in real estate securities and related income-generating assets. The fund targets a diversified portfolio across real estate investment trusts (REITs) and real estate-related equities, with a focus on contributing stable yield and attractive total return through a broad exposure to the U.S. real estate sector. FREI operates under Fidelity Investments, leveraging Fidelity’s research resources and trading platform to implement a production-grade, risk-aware investment strategy. Founding and structure: FREI is managed within Fidelity’s family of real estate securities offerings, drawing on Fidelity’s longstanding experience in real estate investment management. Fidelity acts as the sponsor and administrator, providing ongoing fund governance, compliance oversight, and investor communications. The fund is structured as an exchange-traded fund and trades on major U.S. exchanges, with daily liquidity and transparent pricing. Geographic and market scope: FREI concentrates on the United States real estate market, with allocations influenced by sector fundamentals, macroeconomic conditions, and interest-rate trajectories. The fund’s holdings predominantly comprise U.S.-listed real estate operators and developers, including owners, operators, and managers of income properties across multiple property types. Primary products and services: FREI provides daily tradeable exposure to a curated basket of real estate securities aimed at delivering current income and potential capital appreciation. The fund’s core services include periodic distribution of income to shareholders; exposure to a diversified real estate equity universe; transparent daily pricing and intraday liquidity; and investor services including fund commentary, holdings disclosures, and performance reporting. The product philosophy emphasizes yield generation through a diversified, liquid real estate allocation and disciplined risk management within a transparent ETF framework. Recent major company changes: Fidelity’s real estate suite, including FREI, has seen ongoing product enhancements and strategic alignment to Fidelity’s broader real estate investment platform. The firm frequently updates index methodologies, rebalances holdings to reflect evolving market dynamics, and expands partnerships and distribution capabilities to reach a wider investor base. Fidelity emphasizes maintaining cost efficiency through a streamlined expense framework and consistent client communications, reflecting a broader shift toward integrated, multi-asset real estate investing within its ETF offerings. Industry context and segments: FREI sits at the intersection of real estate asset management and ETF-based passive-to-broad exposure strategies. It serves institutional and retail investors seeking diversified exposure to U.S. real estate securities, with an emphasis on income generation, risk-adjusted returns, and low-to-moderate volatility relative to equity markets. The fund complements Fidelity’s broader real estate investment lineup, including other U.S. real estate ETFs and mutual funds, enabling portfolio construction across core, value, and income-oriented sub-segments. Subsidiaries and parent relationships: The fund is part of Fidelity Investments' ETF and fund family, benefiting from Fidelity’s parent company infrastructure, including research, distribution, and client servicing channels. Fidelity, as sponsor and administrator, provides back-office support, governance, compliance, and regulatory reporting, linking FREI to Fidelity’s global asset management platform. The structure supports cross-product collaborations, data resources, and integrated client solutions within Fidelity’s asset-management ecosystem.