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Fidelity Real Estate Investment ETF (FPRO)

Real Estate | Exchange Traded Fund | Cboe US
23.37 USD -0.21 (-0.891%) ⇩ (Oct. 14, 2026, 11:21 a.m. EDT)

Short-term:★★☆☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take ↕ | Oct. 10, 2026, 8:03 a.m. EDT

The immediate outlook is clouded by persistent downward pressure; the asset has traded below its fifty-day and two-hundred-day averages for some time, and the last fourteen trading sessions have been a steady grind lower, closing near session lows repeatedly. While the trailing twelve-month performance shows a rebound from a sharp 2022 drop, the most recent annual return was negative, suggesting the recovery has stalled. This creates a cautious stance for the near term, where the lack of clear upward momentum outweighs the attractive yield. On a longer horizon, the business fundamentals appear resilient enough to avoid a 'sell' rating, but the price action tells a mixed story. Over the past four years, the total return is slightly negative, and while there was a strong gain in 2024, the latest year saw a decline. This pattern of volatility without a sustained multi-year uptrend prevents a higher rating, even though the valuation metrics look cheap relative to historical norms. It is a hold candidate rather than a strong buy. The income profile is the standout feature here. The distribution history is robust, with payments consistently delivered over the last five years and a current yield that offers meaningful cash flow. However, the yield is not so high that it compensates for the capital appreciation risks or the recent price weakness, keeping it in the middle tier of attractiveness.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.023417
AutoETS0.023480
AutoARIMA0.023522
AutoTheta0.023527

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 56%
H-stat 14.50
Ljung-Box p 0.000
Jarque-Bera p 0.167
Excess Kurtosis -0.74
Attribute Value
Trailing P/E 0.74

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.57% 2.58% 2.64% 2.65%
Dividend History
Date Dividend Yield %
2026-09-18 0.135 0.566798
2026-06-18 0.179 0.731388
2026-03-20 0.177 0.781388
2025-12-19 0.110 0.498008
2025-09-19 0.157 0.698399
2025-06-20 0.181 0.800991
2025-03-21 0.151 0.669386
2024-12-20 0.119 0.537610
2024-09-20 0.129 0.534383
2024-06-21 0.144 0.697877
2024-03-15 0.166 0.801468
2023-12-15 0.128 0.594464
2023-09-15 0.157 0.789580
2023-06-16 0.149 0.727717
2023-03-17 0.180 0.908770
2022-12-16 0.117 0.575165
2022-09-16 0.127 0.582863
2022-06-17 0.132 0.628601
2022-03-18 0.161 0.644438
2021-12-17 0.131 0.498858
2021-09-17 0.123 0.498339
2021-06-18 0.104 0.442365
2021-03-19 0.108 0.528919
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 2.6

Info Dump

Attribute Value
All Time High 27.65
All Time Low 17.605
Ask 23.34
Ask Size 500
Average Daily Volume10 Day 4,420
Average Daily Volume3 Month 3,551
Average Volume 3,551
Average Volume10Days 4,420
Beta3 Year 0.93
Bid 23.29
Bid Size 300
Category Real Estate
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 23.365
Day Low 23.341
Display Name Real Estate Investment ETF
Dividend Yield 2.6
Eps Trailing Twelve Months 31.5
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 24.41918
Fifty Day Average Change -1.0541801
Fifty Day Average Change Percent -0.04317017
Fifty Two Week Change Percent 3.7136436
Fifty Two Week High 26.3
Fifty Two Week High Change -2.9349995
Fifty Two Week High Change Percent -0.11159694
Fifty Two Week Low 21.95
Fifty Two Week Low Change 1.414999
Fifty Two Week Low Change Percent 0.06446464
Fifty Two Week Range 21.95 - 26.3
First Trade Date Milliseconds 1,612,449,000,000
Five Year Average Return 0.021331899
Full Exchange Name Cboe US
Fullday Change -0.01499939
Fullday Change Percent -0.06358368
Fullday Price 23.365
Fund Family Fidelity Investments
Fund Inception Date 1,612,224,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. The fund normally invests at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. It invests in domestic and foreign issuers. The fund is non-diversified.
Long Name Fidelity Real Estate Investment ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_698702280
Nav Price 23.64186
Net Assets 15,032,876.0
Net Expense Ratio 0.57
Open 23.62
Previous Close 23.575
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.21000099
Regular Market Change Percent -0.8907783
Regular Market Day High 23.365
Regular Market Day Low 23.341
Regular Market Day Range 23.341 - 23.365
Regular Market Open 23.62
Regular Market Previous Close 23.575
Regular Market Price 23.365
Regular Market Time 1,791,991,274
Regular Market Volume 1,319
Short Name Fidelity Real Estate Investment
Source Interval 15
Symbol FPRO
Three Year Average Return 0.108305596
Total Assets 15,032,876
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 0.741746
Trailing Peg Ratio None
Trailing Three Month Nav Returns -6.14458
Trailing Three Month Returns -6.14458
Triggerable 1
Two Hundred Day Average 24.224186
Two Hundred Day Average Change -0.8591862
Two Hundred Day Average Change Percent -0.035468113
Type Disp ETF
Volume 1,319
Yield 0.025999999
Ytd Return 6.03587