FPRO

Fidelity Real Estate Investment ETF

$22.41

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Fidelity Real Estate Investment ETF (FPRO) seeks to provide investment results that correspond, before fees and expenses, to the performance of the MSCI US Investable Market Real Estate 25/50 Index.

Overview

ETF tracking Fidelity Real Estate Investment ETF

Category Real Estate

Issuer Other

Inception Date 2021-02-04

Market Cap $14.6M

Average Volume N/A

Dividend Yield 2.71%

52-Week Range $20.23 - $24.47

VWAP $22.34

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests at least 80% of its assets in securities included in the MSCI US Investable Market Real Estate 25/50 Index. The index is designed to measure the performance of the U.S. real estate investment trust (REIT) and real estate operating company markets.

✨ Key Features

Broad exposure to the U.S. REIT and real estate operating company markets
Tracks the MSCI US Investable Market Real Estate 25/50 Index
Low expense ratio of 0.00%
Suitable for investors seeking real estate exposure in their portfolio

⚠️ Primary Risks

Concentration risk as the fund invests primarily in the real estate sector
Sensitivity to changes in interest rates and economic conditions that impact the real estate market
Potential for higher volatility compared to broader market indices
Liquidity risk as the fund may have difficulty trading certain securities

👤 Best For

The Fidelity Real Estate Investment ETF may be suitable for investors seeking exposure to the U.S. real estate market as part of a diversified portfolio. It may be particularly appealing to investors with a long-term investment horizon who are comfortable with the risks associated with the real estate sector.