FREL vs VNQ
Fidelity MSCI Real Estate Index ETF compared with Vanguard Real Estate Index Fund ETF Shares on yield, payout growth, payment schedule, cost and risk.
FREL
Fidelity MSCI Real Estate Index ETF
TTM yield · Quarterly
VNQ
Vanguard Real Estate Index Fund ETF Shares
TTM yield · Quarterly
Quick take
- VNQ yields more today: 3.47% vs 3.31% (forward).
- FREL has grown its payout faster: 1.0%/yr vs 0.9%/yr over the last 5 years.
- Both pay every quarter.
- Over the last year VNQ delivered the higher total return: +5.1% vs +4.7% (price change plus payouts).
- FREL is cheaper to own: 0.08% vs 0.13% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FREL | VNQ |
|---|---|---|
| Share price | $28.15 | $92.69 |
| TTM yield | 3.45% | 3.68% |
| Forward yield | 3.31% | 3.47% |
| Annual payout per share | $0.932 | $3.22 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Dec 18, 2026 (est.) | Dec 23, 2026 (est.) |
| Expense ratio | 0.08% | 0.13% |
| 1-year payout growth | -0.1% | -3.4% |
| 5-year payout CAGR | +1.0% | +0.9% |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 92/100 | 89/100 |
| 1-year total return | +4.7% | +5.1% |
| 1-year price return | +1.2% | +1.4% |
| Size (market cap / AUM) | 1.3B | 66.4B |
| Years paying | 11.6 | 21.8 |
| 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 | VNQ | |
|---|---|---|
| Shares | 355.2 | 107.9 |
| Income per year | $331 | $347 |
| Income per month (avg) | $28 | $29 |
At forward yields, before taxes. Model FREL · Model VNQ
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FREL Dec 18, 2026 | Jan 1, 2027 | $0.233 | Est. |
| FREL Mar 19, 2027 | Apr 2, 2027 | $0.233 | Est. |
| FREL Jun 18, 2027 | Jul 2, 2027 | $0.233 | Est. |
| VNQ Dec 23, 2026 | Jan 6, 2027 | $0.805 | Est. |
| VNQ Mar 24, 2027 | Apr 7, 2027 | $0.805 | Est. |
| VNQ Jun 23, 2027 | Jul 7, 2027 | $0.805 | Est. |
Annual payouts per share
FRELVNQ
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 VNQ?
VNQ currently has the higher trailing yield: FREL yields 3.45% and VNQ yields 3.68%. Yield changes daily with price, so check the live figures above.
How often do FREL and VNQ pay?
FREL pays every quarter and VNQ pays every quarter. FREL's next ex-date is Dec 18, 2026 and VNQ's is Dec 23, 2026.
Which has grown its dividend faster, FREL or VNQ?
FREL has grown its payout faster: 1.0%/yr vs 0.9%/yr over the last 5 years.
Is FREL or VNQ better for income?
It depends on what you are optimising for. FREL and VNQ 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.