Real Estate Investment Trust: "FREL"
Based on all of the Information below and current economic events, do you predict that "FREL" Real Estate Investment trust will rise or fall in the succeeding week? Why?
Please share observations!
There is no defined methodology to arrive at a prediction. This is solely opinion based on the attached information and also taking into account the current real world economic climate.
Why FREL? Best Domestic: Fidelity MSCI Real Estate Index ETF (FREL) . Fidelity is another major ETF provider with a focus on U.S. real estate and among the lowest management fees around. You'll pay a modest 0.084% expense ratio on this fund, which tracks the MSCI USA IMI Real Estate Index. Average Annual Returns Key Statistics After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan). Retum After Taxes on Distributions and Sale of Fund Shares may be higher than other returms for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares. Price / Earnings (Trailing Twelve Months) 25.79 Price/Book 2.23 Past 1 year Life of fundal Price / Sales 4.64 For the periods ended December 31, 2018 Fidelity MSCI Real Estate Index ETF Retum Bafone Taxes Return After Taxes on Distributions Retum After Taxes on Distributions and Sale of Fund Shares MSCI USA IMI Real Estate Index (reflects no deduction for fees, expenses or taxes) S&P 5009 Index reflects no deduction for fees, expenses, or taxes 14.50% 16.35% (2.45% (4.54)% 208% 0.37% 0.87% 2.12% 30-day SEC Yield AS OF 05/29/2020 3.53% (4.38% 7.88% Distribution Yield (TTM) AS OF 04/30/2020 4.16% a) From February 2, 2015 FREL Holdings Cumulative Total Returns AS OF 06/01/2020 NAV Return Market Return MSCI USA IMI Real Estate Index AS OF 06/01/2020 YTD -14.14% - 14.24% -13.98% Seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Real Estate Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Real Estate Index, which represents the performance of the real estate sector in the U.S. equity market. Using a representative sampling indexing strategy to manage the fund. Representative sampling" is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to the index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the index. The fund may or may not hold all of the securities in the MSCI USA IMI Real Estate Index. 4 Weeks +8.27% +8.19% +8.25% 13 Weeks -12.49% -12.52% -12.36% 26 Weeks -12.09% - 12.13% - 11.91% Effects of Covid-19 on FREL According to MarketBeat Fidelity MSCI Real Estate Index ETF's stock has been impacted by Covid-19 (Coronavirus). Fidelity MSCI Real Estate Index ETF's stock was trading at $24.56 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). They began their decline on February 21, 2020, with a closing value of $29.88. Since then FREL reached a year low of $16.90 on March 23, 2020. Fidelity MSCI Real Estate Index ETF ADD TO WATCHLIST CREATE FREL ALERT OPEN
