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Fidelity Real Estate Investment ETF (FPRO) Fund Overview

Educational signal · not a buy or sell recommendation · How to read this

$23.26 +$0.2199 (+0.95%)
Vol: 4.1K|

Beta 1.01: the stock has moved roughly in step with the S&P 500.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Jun 1, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Quick Answer

Fidelity Real Estate Investment ETF (FPRO) trades at $23.26. Fidelity Real Estate Investment ETF (FPRO) aims for above-average income and long-term capital growth through exposure to key real estate themes. Sector: Financials.

Price as of · Last analyzed: Jun 1, 2026
Fidelity Real Estate Investment ETF (FPRO) aims for above-average income and long-term capital growth through exposure to key real estate themes. The fund operates within the financial services sector, focusing on asset management.

Analyst Coverage for FPRO: FPRO does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.

▶ Watch the FPRO film Every key number, told as a short cinematic story — just press play. ~2 min

Fidelity Real Estate Investment ETF (FPRO) Financial Services Profile

HeadquartersBoston, US
IPO Year2021

Fidelity Real Estate Investment ETF (FPRO) offers investors exposure to the real estate market, seeking above-average income and long-term capital appreciation. With a beta of 1.01 and operating within the asset management industry, the fund targets specific real estate themes while managing investment risk.

Data Provenance | Financial Data Quantitative Analysis Analysis: Jun 1, 2026

What Is the Investment Thesis for FPRO?

AI-written as of Jun 1, 2026 — figures and tone reflect the data available then, not today's score.

Fidelity Real Estate Investment ETF (FPRO) presents an investment opportunity for those seeking exposure to the real estate market with a focus on income and capital appreciation. With a beta of 1.01, the fund's volatility is generally in line with the broader market. A key value driver is the fund's ability to select and allocate capital to specific real estate themes, potentially capturing higher returns than broad-based real estate indices. Growth catalysts include increasing investor demand for real estate exposure and the fund's ability to adapt to changing market conditions. However, the absence of a dividend yield may deter income-focused investors. The fund's success depends on its ability to effectively manage risk and generate consistent returns in a dynamic real estate market.

Based on FMP financials and quantitative analysis

FPRO Key Highlights

AI-written as of Jun 1, 2026 — figures and tone reflect the data available then, not today's score.

Market Cap of $0.01B indicates a relatively small fund size.

  • Beta of 1.01 suggests the fund's volatility is similar to the overall market.
  • The fund seeks above-average income and long-term capital growth.
  • FPRO offers exposure to key real estate themes.
  • The fund operates within the asset management industry.

Who Are FPRO's Competitors?

FPRO is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
VNQ Vanguard Real Estate ETF $88.69 -1.38% $64.0B —
REM iShares Mortgage Real Estate ETF $17.34 -1.95% $448M —
IYR iShares U.S. Real Estate ETF $93.89 -1.44% $4.17B —
BLK BlackRock, Inc. $1069.63 -0.91% $166B 52 5-pillar
BX Blackstone Inc. $111.80 -1.38% $135B 69 5-pillar
APOS Apollo Global Management, Inc. $25.43 -0.66% $74.6B 56 5-pillar
BAM Brookfield Asset Management $44.50 -1.57% $71.1B 57 5-pillar
AMP Ameriprise Financial, Inc. $490.46 -1.24% $44.1B 78 5-pillar

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are FPRO's Key Strengths?

Exposure to key real estate themes.

  • Potential for above-average income and long-term capital growth.
  • Managed by Fidelity, a reputable asset manager.

What Are FPRO's Weaknesses?

Small market capitalization.

  • No dividend yield.
  • Performance is subject to real estate market fluctuations.

What Are the Key Risks for FPRO?

Economic recession could negatively impact real estate values.

  • Rising interest rates could increase borrowing costs and reduce demand for real estate.
  • Changes in government regulations could affect the real estate market.

What Threats Does FPRO Face?

  • Rising interest rates.
  • Economic downturn.
  • Increased competition from other real estate ETFs.

What Are FPRO's Competitive Advantages?

  • Fidelity's brand recognition and reputation.
  • Access to Fidelity's research and investment expertise.
  • Established distribution network and investor base.

What Does FPRO Do?

Fidelity Real Estate Investment ETF (FPRO) is designed to provide investors with a focused approach to real estate investing. The fund aims to achieve above-average income and long-term capital growth, while maintaining a reasonable level of investment risk. FPRO offers exposure to key real estate themes, allowing investors to target specific segments of the market. The ETF operates within the broader asset management industry, leveraging Fidelity's expertise in financial markets to construct and manage its portfolio. FPRO's investment strategy involves identifying and capitalizing on opportunities within the real estate sector, with the goal of delivering consistent returns to its investors. The fund's holdings are diversified across various real estate assets, providing a balanced approach to risk management. FPRO's objective is to provide a vehicle for investors seeking to participate in the real estate market without directly owning physical properties, offering liquidity and diversification benefits. The ETF's performance is closely monitored and adjusted to adapt to changing market conditions and investor preferences. FPRO's focus on specific real estate themes allows investors to tailor their exposure to the sector based on their individual investment goals and risk tolerance. The fund's management team employs a rigorous investment process, combining fundamental analysis and market insights to identify attractive investment opportunities.

What Products and Services Does FPRO Offer?

  • Invests in a portfolio of real estate-related assets.
  • Seeks above-average income and long-term capital growth.
  • Offers exposure to key real estate themes.
  • Provides a diversified approach to real estate investing.
  • Manages investment risk through careful asset allocation.
  • Monitors market conditions and adjusts the portfolio accordingly.
  • Offers investors a liquid and transparent way to access the real estate market.

How Does FPRO Make Money?

  • Generates revenue through management fees charged on assets under management (AUM).
  • Aims to attract and retain investors by delivering competitive returns.
  • Focuses on efficient portfolio management and cost control to maximize profitability.

What Industry Does FPRO Operate In?

Fidelity Real Estate Investment ETF (FPRO) operates within the asset management industry, focusing specifically on real estate investments. The real estate market is influenced by factors such as interest rates, economic growth, and demographic trends. The competitive landscape includes other real estate ETFs and mutual funds, each with its own investment strategy and focus. FPRO differentiates itself by targeting specific real estate themes, allowing investors to tailor their exposure to the sector. The growth of the real estate market is driven by increasing urbanization, rising incomes, and the demand for both residential and commercial properties.

Who Are FPRO's Key Customers?

  • Individual investors seeking real estate exposure.
  • Financial advisors allocating client portfolios.
  • Institutional investors seeking diversified real estate investments.
Model self-rating on this text: 81% (not a measure of the evidence) Updated: Jun 1, 2026

Research confidence

Low

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • ● Scoring coverage unknown
  • ● Price is current
  • ● No filing on record
  • ● No analyst coverage
  • ● This is an etf, not an operating company

MoonshotScore History

Recorded daily since 2026-08-23 · 43 snapshots

2026-08-23 47
2026-08-31 47
2026-09-08 47
2026-09-16 47
2026-09-24 47
2026-10-04 47
2026-10-06 47

What changed?

The score has stayed at 47.

Over the same 30 days the stock moved -6.7%.

FPRO Financials

Bull Case vs Bear Case

Bull Case

  • Exposure to key real estate themes.
  • Potential for above-average income and long-term capital growth.
  • Managed by Fidelity, a reputable asset manager.
  • Upcoming: Potential interest rate cuts by the Federal Reserve could boost real estate values.

Bear Case

  • Small market capitalization.
  • No dividend yield.
  • Performance is subject to real estate market fluctuations.
  • Potential: Economic recession could negatively impact real estate values.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · June 2026

FPRO Latest News

No recent news available for FPRO.

FPRO Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for FPRO.

Price Targets

Wall Street price target analysis for FPRO.

FPRO MoonshotScore

MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for FPRO; grades run from A+ (80-100) to F (below 30).

What Investors Ask About Fidelity Real Estate Investment ETF (FPRO) — Financials

What do analysts say about FPRO stock?

Given the nature of FPRO as an ETF, analyst coverage typically focuses on the underlying real estate market and the fund's ability to track its benchmark. Key valuation metrics include the fund's net asset value (NAV) and expense ratio.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated

MoonshotScore is not published for this security.

Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • The information provided is based on available data and is subject to change.
  • Investment decisions should be based on individual risk tolerance and financial goals.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis