Summary
Fidelity Real Estate Index Fund is a mutual fund. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 146. The ten largest make up 48% of the fund.
- Positions
- 146
- Dividend yield
- 2.15%
What speaks for it
Nothing stands out in its favour.
What to watch
- In the last five years its price once dropped by 37% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -1.6%
- 3 months
- -9.0%
- This year
- +3.5%
- 1 year
- -1.2%
- 3 years
- +29%
- 5 years
- -12%
- 10 years
- +7.5%
- Avg. market cap
- $62.0B
- P/E
- 30.2x
- Forward P/E
- 34.5x
- P/S
- 5.0x
- P/B
- 2.6x
- P/FCF
- 22.8x
- EV/EBITDA
- 18.4x
- Dividend yield
- 3.60%
- ROIC
- 0.2%
- ROE
- 18.9%
- Gross margin
- 45.9%
- Operating margin
- 29.6%
- Net margin
- 24.8%
- Payout ratio
- 108.5%
- Net debt/EBITDA
- 15.0x
- Beta
- 0.98
Weighted average of the 50 largest companies, which make up 84% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 WEWelltower WELL 9.4%
- 2 PLPrologis PLD 7.9%
- 3 EQEquinix EQIX 5.5%
- 4 SPSimon Property Group, Inc. SPG 4.4%
- 5 AMAmerican Tower AMT 4.3%
- 6 DLDigital Realty DLR 4.0%
- 7 ORealty Income O 3.6%
- 8 PSPublic Storage PSA 3.3%
- 9 Vivmark Residential 3.1%
- 10 CBCBRE Group, Inc. CBRE 2.8%
Positions in the fund: 146. The ten largest make up 48% of it.
Composition as of Oct 18, 2026.
Where is it spread?
By company size
- Large cap 79%
- Mid cap 19%
- Small cap 2.5%
- Micro cap 0.07%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest size group: Large cap (79%).
What does it cost me?
We do not know the costs of this fund.
How has it done?
Growing slowly- A year on average, 10 years
- +0.7%
- Deepest drop
- -37%
- Yearly volatility
- 14%
Average yearly growth over the last ten years: 0.7%. Deepest drop in these years: 37% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.15%
- Payments a year
- 3
- Last payment
- $0.23
Over the last 12 months it paid $0.36 per share, which is 2.15% of today's price. The last payment was $0.23 on Dec 19, 2025.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 30.2
- Average Bulios Score
- 65 out of 100
Weight by Bulios Fair Price
- Undervalued 30%
- Fairly valued 14%
- Overvalued 56%
On average the companies inside trade for 30.2 times their yearly profit. By Fair Price, 56% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 84% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
FR FREL Fidelity MSCI Real Estate Index ETF | United States | 0.08% | $1.11B | -1.7% | Pays out | 94% |
SC SCHH Schwab U.S. REIT ETF | United States | 0.07% | $10.8B | +2.2% | Pays out | 88% |
DF DFAR DFA Real Estate Securities Portfolio ETF Class Shares | United States | 0.22% | $1.60B | +1.7% | Pays out | 83% |
IY IYRI NEOS Real Estate High Income ETF | United States | 0.68% | $113.1M | -11% | Pays out | 83% |
IY IYR iShares U.S. Real Estate ETF | United States | 0.37% | $4.09B | -1.8% | Pays out | 83% |
VN VNQ Vanguard Real Estate Index Fund | United States | 0.13% | $66.6B | -1.5% | Pays out | 82% |
