Fidelity Real Estate Etf Profile

FPRO Etf  USD 24.30  0.17  0.69%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 9

 
High
 
Low
Low
Fidelity Real is selling at 24.30 as of the 30th of November 2024; that is 0.69 percent decrease since the beginning of the trading day. The etf's open price was 24.47. Fidelity Real has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Fidelity Real Estate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission and is not required to publicly disclose its complete portfolio holdings each business day. Fidelity Real is traded on BATS Exchange in the United States. More on Fidelity Real Estate

Moving together with Fidelity Etf

  0.96VNQ Vanguard Real EstatePairCorr
  0.82XLRE Real EstatePairCorr
  0.98IYR iShares Real EstatePairCorr

Moving against Fidelity Etf

  0.42USD ProShares Ultra SemiPairCorr
  0.41SITC Site Centers CorpPairCorr
  0.34RTL Pacer FinancialPairCorr
  0.32SMH VanEck Semiconductor ETFPairCorr

Fidelity Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationSector ETFs, Real Estate ETFs, Real Estate, Fidelity Investments (View all Sectors)
IssuerFidelity
Inception Date2021-02-04
Entity TypeRegulated Investment Company
Asset Under Management15.89 Million
Asset TypeReal Estate
CategorySector
FocusReal Estate
Market ConcentrationBlended Development
RegionGlobal
AdministratorState Street Bank and Trust Company
AdvisorFidelity Management & Research Company LLC
CustodianState Street Bank and Trust Company
DistributorFidelity Distributors Company LLC
Portfolio ManagerSteven Buller, Zhitong Zhang
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Jul
ExchangeCboe BZX Exchange, Inc.
Market MakerCitadel
Total Expense0.59
Management Fee0.59
Country NameUSA
Returns Y T D15.23
NameFidelity Real Estate Investment ETF
Currency CodeUSD
Open FigiBBG00Z4JG0Y1
In Threey Volatility21.76
1y Volatility19.98
200 Day M A21.9279
50 Day M A23.7917
CodeFPRO
Updated At30th of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.07)
TypeETF
Fidelity Real Estate [FPRO] is traded in USA and was established 2021-02-02. The fund is listed under Real Estate category and is part of Fidelity Investments family. The entity is thematically classified as Sector ETFs. Fidelity Real Estate currently have 16.06 M in assets under management (AUM). , while the total return for the last 3 years was 1.5%.
Check Fidelity Real Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity Real Estate Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Fidelity Real Estate Etf Constituents

CCICrown CastleStockReal Estate
CUBECubeSmartStockReal Estate
DLRDigital Realty TrustStockReal Estate
EQIXEquinixStockReal Estate
PLDPrologisStockReal Estate
SBACSBA Communications CorpStockReal Estate
UDRUDR IncStockReal Estate
VTRVentas IncStockReal Estate
More Details

Fidelity Real Estate Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity Real. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Fidelity Real Against Markets

When determining whether Fidelity Real Estate offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fidelity Real's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fidelity Real Estate Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Fidelity Real Estate Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Real Estate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of Fidelity Real Estate is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity Real's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Real's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity Real's market value can be influenced by many factors that don't directly affect Fidelity Real's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Real's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.