FREL vs USRT
Fidelity MSCI Real Estate Index ETF compared with iShares Core U.S. REIT ETF on yield, payout growth, payment schedule, cost and risk.
FREL
Fidelity MSCI Real Estate Index ETF
TTM yield · Quarterly
USRT
iShares Core U.S. REIT ETF
TTM yield · Quarterly
Quick take
- FREL yields more today: 3.75% vs 2.29% (forward).
- USRT has grown its payout faster: 3.5%/yr vs 1.6%/yr over the last 5 years.
- Both pay every quarter.
- Over the last year USRT delivered the higher total return: +14.5% vs +7.3% (price change plus payouts).
- USRT is cheaper to own: 0.08% vs 0.08% expense ratio.
- FREL has the steadier distribution: consistency 92/100 vs 65/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FREL | USRT |
|---|---|---|
| Share price | $29.09 | $65.33 |
| TTM yield | 3.32% | 2.61% |
| Forward yield | 3.75% | 2.29% |
| Annual payout per share | $1.092 | $1.496 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Sep 17, 2026 (est.) | Sep 14, 2026 (est.) |
| Expense ratio | 0.08% | 0.08% |
| 1-year payout growth | -0.3% | +0.7% |
| 5-year payout CAGR | +1.6% | +3.5% |
| Consecutive years of increases | 0 years | 1 year |
| Payout consistency (last 12) | 92/100 | 65/100 |
| 1-year total return | +7.3% | +14.5% |
| 1-year price return | +3.9% | +11.6% |
| Size (market cap / AUM) | 1.5B | 4.6B |
| Years paying | 11.5 | 19.2 |
| Sector / category | Real Estate | Real Estate |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| FREL | USRT | |
|---|---|---|
| Shares | 343.8 | 153.1 |
| Income per year | $375 | $229 |
| Income per month (avg) | $31 | $19 |
At forward yields, before taxes. Model FREL · Model USRT
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FREL Sep 17, 2026 | Oct 1, 2026 | $0.273 | Est. |
| FREL Dec 17, 2026 | Dec 31, 2026 | $0.273 | Est. |
| FREL Mar 18, 2027 | Apr 1, 2027 | $0.273 | Est. |
| USRT Sep 14, 2026 | Sep 28, 2026 | $0.374 | Est. |
| USRT Dec 14, 2026 | Dec 28, 2026 | $0.374 | Est. |
| USRT Mar 15, 2027 | Mar 29, 2027 | $0.374 | Est. |
Annual payouts per share
FRELUSRT
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, FREL or USRT?
FREL currently has the higher trailing yield: FREL yields 3.32% and USRT yields 2.61%. Yield changes daily with price, so check the live figures above.
How often do FREL and USRT pay?
FREL pays every quarter and USRT pays every quarter. FREL's next ex-date is Sep 17, 2026 and USRT's is Sep 14, 2026.
Which has grown its dividend faster, FREL or USRT?
USRT has grown its payout faster: 3.5%/yr vs 1.6%/yr over the last 5 years.
Is FREL or USRT better for income?
It depends on what you are optimising for. FREL and USRT differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.