FREL vs IJT: Holdings Overlap
FRELFidelity MSCI Real Estate Index ETF
Fidelity · 127 holdings · $1.5B · as of 2026-04-30
IJTiShares S&P Small-Cap 600 Growth ETF
iShares · 341 holdings · $8.5B · as of 2026-03-31
Holdings snapshots are 30 days apart (FREL: 2026-04-30, IJT: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are FREL and IJT?
Fidelity MSCI Real Estate Index ETF (FREL, by Fidelity) holds 127 positions; iShares S&P Small-Cap 600 Growth ETF (IJT, by iShares) holds 341. They have 23 holdings in common, and by portfolio weight the two funds are 4.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 23FREL holds 127 · IJT holds 341
- Weight in Shared Holdings
- FREL 5%·IJT 6%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in FREL
104 of 127 positions (95.2% of the fund) are not held by IJT. Showing the top 30 by weight.
Sector Breakdown
| Sector | FREL | IJT |
|---|---|---|
| Real Estate | 99.3% | 5.7% |
| Industrials | 0.0% | 22.0% |
| Information Technology | 0.0% | 15.7% |
| Health Care | 0.0% | 15.2% |
| Financials | 0.0% | 14.3% |
| Other Sectors | 0.5% | 25.4% |
| Unclassified | 0.0% | 1.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (0% of FREL, 1% of IJT).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FREL | -0.1% | +13.3% | +13.6% | +9.7% | +2.0% | +5.4% | 3.23% |
| IJT | +1.2% | +25.8% | +33.4% | +15.2% | +6.7% | +11.1% | 0.68% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in FREL vs IJT →
Shared Holdings(23)
The top 10 shared positions account for 71% of the overlap, led by TRNO, RHP and EPRT.
 TRNOTerreno Realty Corp. | 0.43% | 0.59% | 0.43% |
|---|---|---|---|
 RHPRyman Hospitality Properties, Inc. | 0.39% | 0.77% | 0.39% |
 EPRTEssential Properties Realty Trust, Inc. | 0.39% | 0.57% | 0.39% |
 MACMacerich Co. (The) | 0.36% | 0.33% | 0.33% |
 PECOPhillips Edison & Co., Inc. | 0.33% | 0.36% | 0.33% |
 MRPMillrose Properties, Inc., Class A | 0.30% | 0.34% | 0.30% |
 OUTOutfront Media, Inc. | 0.29% | 0.35% | 0.29% |
 SKTTanger, Inc. | 0.28% | 0.34% | 0.28% |
 LXPLXP Industrial Trust | 0.20% | 0.19% | 0.19% |
 JOESt. Joe Co. (The) | 0.18% | 0.33% | 0.18% |
 CURBCurbline Properties Corp. | 0.18% | 0.33% | 0.18% |
 FCPTFour Corners Property Trust, Inc. | 0.17% | 0.16% | 0.16% |
 UEUrban Edge Properties | 0.19% | 0.16% | 0.16% |
 DRHDiamondRock Hospitality Co. | 0.14% | 0.12% | 0.12% |
 LTCLTC Properties, Inc. | 0.12% | 0.14% | 0.12% |
 GTYGetty Realty Corp. | 0.12% | 0.12% | 0.12% |
| Veris Residential, Inc. | 0.11% | 0.09% | 0.09% |
 XHRXenia Hotels & Resorts, Inc. | 0.12% | 0.09% | 0.09% |
 JBGSJBG SMITH Properties | 0.09% | 0.07% | 0.07% |
 CSRCenterspace | 0.08% | 0.06% | 0.06% |
| Whitestone REIT | 0.06% | 0.05% | 0.05% |
 NXRTNexPoint Residential Trust, Inc. | 0.05% | 0.03% | 0.03% |
 BFSSaul Centers, Inc. | 0.03% | 0.03% | 0.03% |
Frequently Asked Questions
How much do FREL and IJT overlap?
FREL and IJT overlap by 4.4% of portfolio weight. They share 23 holdings (FREL holds 127 positions and IJT holds 341), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FREL and IJT?
The two portfolios are 4.4% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of FREL and IJT?
The largest positions held by both funds are TRNO, RHP, EPRT, MAC and PECO. Together the top 10 shared positions account for 71% of the total overlap.
What does FREL own that IJT doesn't?
104 positions (95.2% of FREL) are unique to FREL, led by WELL, PLD and AMT. In the other direction, 318 positions (93.8% of IJT) are unique to IJT.