FPRO - ETF AI Analysis

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Fidelity Real Estate Investment ETF (FPRO)

Rating:71Outperform

Price Target:―

FPRO, the Fidelity Real Estate Investment ETF, has a solid overall rating driven mainly by large positions in high-quality real estate names like Prologis and Welltower, which benefit from strong financial performance, positive earnings calls, and clear growth strategies. Other sizable holdings such as Equinix and American Tower also support the fund through robust fundamentals, though concerns like high leverage, bearish technical trends, and potential overvaluation in several holdings, along with the ETF’s focus on the real estate sector, add risk and help explain why the rating is not higher.

Positive Factors

Solid Recent Performance

The ETF has shown positive results so far this year and over the past month, indicating improving momentum in its real estate holdings.

Strong Top Real Estate Holdings

Many of the largest positions, including well-known real estate companies, have delivered steady to strong gains this year, supporting the fund’s overall performance.

Focused Real Estate Exposure

The fund is heavily invested in real estate, which can appeal to investors seeking targeted exposure to property-related income and growth.

Negative Factors

High Sector Concentration

Almost all assets are in the real estate sector, so the fund is highly sensitive to downturns in property markets and interest rate changes.

Single-Country Risk

With all of its holdings in U.S. companies, the ETF offers no geographic diversification and is fully exposed to U.S. economic and policy conditions.

Above-Average Expense Ratio

The fund’s expense ratio is relatively high for an ETF, which can eat into returns over time compared with lower-cost alternatives.

FPRO vs. SPDR S&P 500 ETF (SPY)

AUM14.29M

RegionGlobal

Expense Ratio0.57%

Beta0.47

IssuerFidelity

Inception DateFeb 02, 2021

Dividend Yield2.52%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume4,144

30 Day Avg. Volume4,358

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

25.89

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering41

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

FPRO Summary

The Fidelity Real Estate Investment ETF (FPRO) is a U.S. fund that focuses on real estate companies instead of tracking a traditional index. It holds a mix of firms that own or manage properties like warehouses, data centers, apartments, and healthcare facilities. Well-known holdings include Prologis and American Tower. Someone might invest in FPRO to add diversification and potential income from the real estate sector without buying individual properties. A key risk is that it is heavily concentrated in real estate, so its value can rise or fall sharply with changes in property markets, interest rates, and the overall economy.

How much will it cost me?The Fidelity Real Estate Investment ETF (FPRO) has an expense ratio of 0.59%, meaning you’ll pay $5.90 per year for every $1,000 invested. This is higher than the average for ETFs because it is actively managed, focusing on a specific sector like real estate, which requires more research and expertise. It’s important to consider whether the potential benefits of this specialized focus align with your investment goals.

What would affect this ETF?The Fidelity Real Estate Investment ETF (FPRO) could benefit from long-term trends such as increasing demand for residential and commercial properties, as well as its potential to act as a hedge against inflation. However, rising interest rates or economic slowdowns could negatively impact the real estate sector by increasing borrowing costs and reducing property values. Its global exposure and focus on top holdings like American Tower and Prologis provide diversification but also make it sensitive to global economic and regulatory changes.

FPRO Top 10 Holdings

FPRO is a pure real estate play, and its story is being written by a handful of heavyweight REITs. Prologis and Welltower are the steady engines, rising recently and giving the fund a solid industrial and healthcare backbone. American Tower and Equinix, tied to digital infrastructure, have been more mixed, with recent softness acting like a small anchor on performance. Public Storage and NNN REIT are bright spots, climbing and adding some spark. With nearly all exposure in global real estate, the fund lives and dies by property markets rather than broader stock sectors.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
PLD	Prologis	10.53%	$1.39M	$133.01B	15.75%	76 Outperform
WELL	Welltower	8.68%	$1.15M	$142.67B	38.61%	77 Outperform
EQIX	Equinix	8.50%	$1.12M	$85.18B	-6.01%	73 Outperform
AMT	American Tower	8.24%	$1.09M	$84.49B	-4.70%	71 Outperform
KIM	Kimco Realty	4.66%	$615.44K	$14.89B	0.87%	69 Neutral
NNN	NNN REIT	4.34%	$572.77K	$8.18B	5.56%	78 Outperform
VTR	Ventas	4.02%	$530.98K	$41.68B	28.80%	68 Neutral
PSA	Public Storage	3.96%	$522.89K	$51.56B	-1.20%	73 Outperform
CBRE	CBRE Group	3.87%	$511.15K	$44.49B	4.01%	70 Outperform
UDR	UDR	3.50%	$462.20K	$21.09B	-7.83%	64 Neutral

FPRO Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

22.64

Positive

100DMA

22.53

Positive

200DMA

22.43

Positive

Market Momentum

MACD

0.28

Negative

RSI

68.37

Neutral

STOCH

93.64

Negative

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FPRO, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 23.09, equal to the 50-day MA of 22.64, and equal to the 200-day MA of 22.43, indicating a bullish trend. The MACD of 0.28 indicates Negative momentum. The RSI at 68.37 is Neutral, neither overbought nor oversold. The STOCH value of 93.64 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FPRO.

FPRO Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
FPRO	―	―	$14.29M	0.57%	―
FMED	―	―	$60.36M	0.50%	―
BCFN	―	―	$51.23M	0.80%	―
NBET	―	―	$34.11M	0.65%	―
TEK	―	―	$31.85M	0.75%	―
MEDI	―	―	$26.26M	0.80%	―

Performance Comparison

FPRO

Fidelity Real Estate Investment ETF

23.97

1.41

6.25%

FMED

Fidelity Disruptive Medicine ETF

―

BCFN

Baron Financials ETF

―

NBET

Neuberger Berman Energy Transition & Infrastructure Etf

―

TEK

iShares Technology Opportunities Active ETF

―

MEDI

Harbor Health Care ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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