FREL vs XHB: holdings overlap, shared companies and scores

As of September 11, 2026, FREL and XHB overlap 0.0% by weight. Fidelity MSCI Real Estate Index ETF (FREL): U.S. real estate investment trusts. State Street SPDR S&P Homebuilders ETF (XHB): U.S. homebuilding and housing sector.

Updated September 11, 2026

How much do FREL and XHB overlap?

As of September 11, 2026, FREL and XHB overlap 0.0% by weight.

0% of FREL is already inside XHB.

0% of XHB is already inside FREL.

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 XHB?

As of September 11, 2026, ETF Copilot scores FREL 3.8 out of 10 and XHB 3.5 out of 10.

They differ most on Valuation: FREL 8.3 and XHB 2.2.

The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.

FREL vs XHB — ETF Copilot factor scores, 0–10
FactorFRELXHB
Growth1.17.2
Valuation8.32.2
Risk5.31.1
Quality5.91.6
Return1.13.6

FREL is the cheaper of the two at 0.08% a year

As of September 11, 2026, FREL charges 0.08% a year, yields 3.42% and holds $1.5B in assets.

As of September 11, 2026, XHB charges 0.35% a year, yields 0.97% and holds $1.3B in assets across 33 positions.

FREL vs XHB — cost, income and size
MeasureFRELXHB
Expense ratio0.08%0.35%
Dividend yield3.42%0.97%
Assets under management$1.5B$1.3B
Holdings33

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.

Where FREL and XHB trade against their own history

FREL trades at 29.5 times earnings, against its own median of 32.0, and is cheaper than 85% of its own 114 monthly readings since 2017.

XHB trades at 18.5 times earnings, against its own median of 15.7, and is more expensive than 83% of its own 114 monthly readings since 2017.

What moved FREL and XHB this week

FREL fell 1.9% in the week to September 11, 2026. The holdings that moved it most were Welltower (−2.3%), Cbre (−5.5%) and Prologis (−1.9%); Rexford Industrial Realty (+2.8%) pushed the other way.

XHB fell 3.7% in the week to September 11, 2026. The holdings that moved it most were Installed Building Products (−14.1%), KB Home (−6.0%) and Cavco Industries (−5.6%); Johnson Controls (+2.7%) pushed the other way.

What does XHB hold?

39% of XHB is its ten largest holdings.

Compare with similar funds

Cite this

ETF Copilot, “FREL vs XHB holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/frel-vs-xhb

  1. Fidelity MSCI Real Estate Index ETF (FREL)
  2. State Street SPDR S&P Homebuilders ETF (XHB)

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