FREI vs VOO
Fidelity Real Estate Income Fund ETF vs Vanguard S&P 500 ETF
Which is better, FREI or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FREI | VOO |
|---|---|---|
| Expense Ratio | 0.57% | 0.03%Best |
| AUM | $21M | $997.4B |
| Dividend Yield | 0.72% | 1.04% |
| Holdings | 416 | 509 |
| YTD Return | -0.65% | +14.14%Best |
| 1Y Return | - | +17.31% |
| 3Y Return (annualized) | - | +23.16% |
| 5Y Return (annualized) | - | +13.85% |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 16, 2026 | Sep 7, 2010 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
FREI vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FREI vs VOO Performance
Fidelity Real Estate Income Fund ETF (FREI) is an ETF from Fidelity Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Year to date, FREI is down 0.65% versus a gain of 14.14% for VOO.
Past performance does not guarantee future results.
Fees and Cost Over Time
FREI charges 0.57% per year while VOO charges 0.03%. On a $10,000 position that is $57 vs $3 annually, a gap of $54 per year that compounds over a long holding period. On income, FREI currently yields 0.72% against 1.04% for VOO.
Holdings Overlap
At least 1.6% of VOO's money is in holdings FREI also owns.
Stated as a floor: for FREI, our book for it covers 78.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VOO and FREI share little of their money.
21 positions in common, counted across the 416 positions we hold weights for in FREI and 494 in VOO, against full books of 416 and 509.
Top Shared Holdings
| Stock | Weight in FREI | Weight in VOO | Difference |
|---|---|---|---|
| AMTAmerican Tower Corporation | 1.84% | 0.13% | 1.71% |
| WELLWelltower, Inc. | 1.60% | 0.26% | 1.34% |
| EQIXEquinix Inc. Real Estate Investment Trust | 1.49% | 0.16% | 1.33% |
| PLDPrologis Inc | 1.41% | 0.21% | 1.20% |
| INVHInvitation Homes Inc. Reit | 1.24% | 0.03% | 1.21% |
| EQRVivmark Residential | 1.05% | 0.04% | 1.01% |
| VTRVentas Inc . | 0.76% | 0.07% | 0.69% |
| UDRUdr Inc. | 0.80% | 0.02% | 0.78% |
| VICIVici Properties Inc | 0.72% | 0.04% | 0.68% |
| PSAPublic Storage | 0.39% | 0.08% | 0.31% |
You are not choosing between two funds in isolation.
Whichever of FREI and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FREI or VOO?
FREI has an expense ratio of 0.57% while VOO charges 0.03%. VOO is the cheaper option, by $54 a year on a $10,000 investment.
What is the holdings overlap between FREI and VOO?
At least 1.6% of VOO's money is in holdings FREI also owns. Our book for FREI is partial, so the real figure is this or higher. They hold 21 positions in common, counted across the 416 positions we hold weights for in FREI and 494 in VOO.
Which pays a higher dividend, FREI or VOO?
FREI yields 0.72% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than FREI?
VOO has a lower expense ratio. VOO led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.