NASDAQ · inception 2026-06-16 · beta 0.65 · avg volume 23,658 · holdings as of 2026-10-15 · prices through 2026-10-16
AUM$4.0B
Holdings142
Top-10 weight12.3%
1-yr return—
Max drawdown 5y-6.6%
Volatility 1y5.7%
Performance vs S&P 500 (SPY)
■ FREI■ SPY
Total return
1m
3m
6m
YTD
1y
3y
5y
FREI
-2.4%
-4.3%
—
-4.1%
—
—
—
SPY
+0.3%
+2.9%
+7.5%
+11.7%
+15.1%
+80.0%
+84.9%
Rebased to 100 five years ago, weekly adjusted closes. Max drawdown is the largest peak-to-trough fall in that window (trough 2026-10-07). 3y and 5y returns are cumulative.
Top holdings
#
Ticker
Name
Weight
1
CASH CF
2.58%
2
AMT
AMERICAN TOWER CORP
2.00%
3
WELL
WELLTOWER INC
1.63%
4
EQIX
EQUINIX INC
1.53%
5
PLD
PROLOGIS INC REIT
1.41%
6
INVH
INVITATION HOMES INC
1.19%
7
ELS
EQUITY LIFESTYLE PPTYS INC
1.19%
8
EQR
VIVMARK RESIDENTIAL
1.09%
9
UDR
UDR INC
0.82%
10
VTR
VENTAS INC REIT
0.75%
Exposure
Sector
Unclassified67.6%
Real Estate31.8%
Communication Services0.3%
Energy0.3%
Financial Services0.0%
Industrials0.0%
Country
Unclassified67.6%
US32.1%
CA0.2%
BM0.0%
Weights of holdings joined to company profiles; bonds, cash and derivatives fall under Unclassified.
InsiderStreet scores of the holdings
Holdings-weighted score
Score
Percentile vs ETFs
Overall
50/100
—
Quality
63/100
—
Profitability
56/100
—
Balance sheet
35/100
—
Earnings quality
77/100
—
Growth
55/100
—
Value
54/100
—
Momentum
73/100
—
Risk (safety)
32/100
—
Portfolio fundamentals
Value
P/E
36.9
P/B
3.7
P/S
9.2
Earnings yield
2.7%
FCF yield
3.2%
ROE
10.3%
Net margin
24.2%
Revenue growth (yoy)
+27.9%
Dividend yield
6.57%
Debt / equity
1.82
Scores are weighted by holding; 32% of the fund's weight is in companies we score. Percentile ranks the fund among ETFs with at least half their weight scored. A score describes the holdings, not the outlook for the fund.
Most similar ETFs by holdings overlap
ETF
Name
Overlap
Shared holdings
AUM
FRIFX
Fidelity Real Estate Income
51.7%
107
$5.7B
FREL
Fidelity MSCI Real Estate Index ETF
48.9%
43
$1.1B
DFAR
DFA Real Estate Securities Portfolio ETF Class
47.2%
40
$1.6B
SCHH
Schwab U.S. REIT ETF
46.5%
44
$10.9B
VGSNX
Vanguard Real Estate Index Fund Institutional
45.3%
43
$67.5B
VNQ
Vanguard Real Estate ETF
45.3%
43
$71.9B
Overlap = sum over shared holdings of the smaller of the two weights.