FREL vs VFH: Holdings Overlap
FRELFidelity MSCI Real Estate Index ETF
Fidelity · 127 holdings · $1.5B · as of 2026-04-30
VFHVanguard Financials Index Fund
Vanguard · 411 holdings · $13.9B · as of 2026-05-31
Holdings snapshots are 31 days apart (FREL: 2026-04-30, VFH: 2026-05-31). 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 VFH?
Fidelity MSCI Real Estate Index ETF (FREL, by Fidelity) holds 127 positions; Vanguard Financials Index Fund (VFH, by Vanguard) holds 411. They have 0 holdings in common, and by portfolio weight the two funds are 0.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 0FREL holds 127 · VFH holds 411
- Weight in Shared Holdings
- FREL 0%·VFH 0%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
127 of 127 positions (99.8% of the fund) are not held by VFH. Showing the top 30 by weight.
Only in VFH
411 of 411 positions (96.3% of the fund) are not held by FREL. Showing the top 30 by weight.
Sector Breakdown
| Sector | FREL | VFH |
|---|---|---|
| Real Estate | 99.3% | 0.0% |
| Financials | 0.0% | 96.3% |
| Communication Services | 0.5% | 0.0% |
| Health Care | 0.0% | 0.1% |
| Other Sectors | 0.0% | 0.0% |
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.
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% |
| VFH | +2.7% | +6.6% | +14.3% | +20.1% | +10.8% | +13.3% | 1.65% |
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 VFH →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do FREL and VFH overlap?
FREL and VFH overlap by 0.0% of portfolio weight. They share 0 holdings (FREL holds 127 positions and VFH holds 411), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FREL and VFH?
The two portfolios are 0.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What does FREL own that VFH doesn't?
127 positions (99.8% of FREL) are unique to FREL, led by WELL, PLD and AMT. In the other direction, 411 positions (96.3% of VFH) are unique to VFH.