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: 145. The ten largest make up 49% of the fund.
- Positions
- 145
- Dividend yield
- 1.33%
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
- +7.4%
- 3 months
- +0.1%
- This year
- +11%
- 1 year
- +8.5%
- 3 years
- +32%
- 5 years
- -6.1%
- 10 years
- +23%
- Avg. market cap
- $65.7B
- P/E
- 31.6x
- Forward P/E
- 36.7x
- P/S
- 5.7x
- P/B
- 2.7x
- P/FCF
- 26.1x
- EV/EBITDA
- 19.0x
- Dividend yield
- 3.37%
- ROIC
- 5.9%
- ROE
- 18.5%
- Gross margin
- 46.5%
- Operating margin
- 28.8%
- Net margin
- 25.0%
- Payout ratio
- 106.5%
- Net debt/EBITDA
- 10.7x
- Beta
- 0.97
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 9.8%
- 2 PLPrologis PLD 7.7%
- 3 EQEquinix EQIX 5.7%
- 4 AMAmerican Tower AMT 4.5%
- 5 SPSimon Property Group, Inc. SPG 4.4%
- 6 DLDigital Realty DLR 4.0%
- 7 ORealty Income O 3.4%
- 8 PSPublic Storage PSA 3.3%
- 9 Vivmark Residential 3.0%
- 10 VTVentas, Inc. VTR 2.7%
Positions in the fund: 145. The ten largest make up 49% of it.
Composition as of Nov 7, 2026.
Where is it spread?
By company size
- Large cap 80%
- Mid cap 18%
- 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 (80%).
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
- +2.1%
- Deepest drop
- -37%
- Yearly volatility
- 15%
Average yearly growth over the last ten years: 2.1%. Deepest drop in these years: 37% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.33%
- Payments a year
- 3
- Last payment
- $0.23
Over the last 12 months it paid $0.23 per share, which is 1.33% 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
- 31.6
- Average Bulios Score
- 65 out of 100
Weight by Bulios Fair Price
- Undervalued 21%
- Fairly valued 20%
- Overvalued 58%
On average the companies inside trade for 31.6 times their yearly profit. By Fair Price, 58% 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% | $1.39B | +7.9% | Pays out | 93% |
SC SCHH Schwab U.S. REIT ETF | United States | 0.07% | $11.2B | +12% | Pays out | 88% |
DF DFAR DFA Real Estate Securities Portfolio ETF Class Shares | United States | 0.22% | $1.67B | +11% | Pays out | 83% |
IY IYRI NEOS Real Estate High Income ETF | United States | 0.68% | $115.6M | -4.3% | Pays out | 83% |
IY IYR iShares U.S. Real Estate ETF | United States | 0.37% | $3.96B | +8.1% | Pays out | 82% |
VN VNQ Vanguard Real Estate Index Fund | United States | 0.13% | $67.7B | +7.9% | Pays out | 82% |
