FREL vs IWV: holdings overlap, shared companies and scores
As of October 28, 2026, FREL and IWV overlap 2.1% by weight. Fidelity MSCI Real Estate Index ETF (FREL): U.S. real estate investment trusts. iShares Russell 3000 ETF (IWV): U.S. total market index.
Updated October 28, 2026
Where FREL and IWV trade against their own history
FREL trades at 30.1 times earnings, against its own median of 32.1, and is cheaper than 76% of its own last 9 years.
IWV trades at 24.2 times earnings, against its own median of 22.2, and is more expensive than 63% of its own last 9 years.
What do FREL and IWV each hold?
What's inside FREL: Tech 0%.
48% of FREL is its ten largest holdings.
What's inside IWV: Tech 41%, Magnificent 7 30%.
34% of IWV is its ten largest holdings.
How much do FREL and IWV overlap? 2.1% by weight
As of October 28, 2026, FREL and IWV overlap 2.1% by weight.
98% of FREL is already inside IWV.
2% of IWV is already inside FREL.
FREL holds 125 companies and IWV holds 2,581; 122 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score FREL and IWV? 3.0 and 6.6 out of 10
As of October 28, 2026, ETF Copilot scores FREL 3.0 out of 10 and IWV 6.6 out of 10.
They differ most on Growth: FREL 0.5 and IWV 7.2.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | FREL | IWV |
|---|---|---|
| Growth | 0.5 | 7.2 |
| Value | 7.1 | 3.6 |
| Risk | 3.8 | 6.6 |
| Quality | 4.5 | 7.7 |
| Return | 1.3 | 7.5 |
FREL is the cheaper of the two at 0.08% a year
As of October 28, 2026, FREL charges 0.08% a year, yields 3.49% and holds $1.4B in assets across 125 positions.
As of October 28, 2026, IWV charges 0.20% a year, yields 0.86% and holds $20.6B in assets across 2581 positions.
| Measure | FREL | IWV |
|---|---|---|
| Expense ratio | 0.08% | 0.20% |
| Dividend yield | 3.49% | 0.86% |
| Assets under management | $1.4B | $20.6B |
| Holdings | 125 | 2581 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Compare with similar funds
Cite this
ETF Copilot, “FREL vs IWV holdings overlap and scores”, as of October 28, 2026.
https://etf-copilot.com/compare/frel-vs-iwv
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