FREI vs VOO
Fidelity Real Estate Income Fund ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | FREI | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.57% | 0.03% | |
| AUM | $21M | $997.4B | |
| Dividend Yield | 0.72% | 1.08% | |
| Holdings | 377 | 509 | |
| YTD Return | +0.72% | +12.87% | |
| 1Y Return | - | +21.15% | |
| 3Y Return (annualized) | - | +20.93% | |
| 5Y Return (annualized) | - | +12.76% | |
| Volatility (annualized) | - | 14.1% | |
| Max Drawdown | -2.3% | -34.3% | |
| Fund Family | Fidelity Investments (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jun 16, 2026 | Sep 7, 2010 |
FREI vs VOO Performance
Fidelity Real Estate Income Fund ETF (FREI) is a ETF from Fidelity Investments (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Year to date, FREI is up 0.72% versus a gain of 12.87% for VOO.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -2.3% for FREI and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
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 1.08% for VOO.
Holdings Overlap
FREI and VOO share 22 holdings out of 860 unique holdings combined, representing a 1.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $54 per year of difference.
What is the holdings overlap between FREI and VOO?
FREI and VOO share 22 common holdings with a 1.6% weight overlap. Combined, they hold 860 unique securities.
Which pays a higher dividend, FREI or VOO?
FREI yields 0.72% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
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