SECTOR-REAL ESTATEThe Real Estate sector is one that is sitting down on its long term support line, making it a sector that I will be adding long positions from here. I will be adding to it as long as it is below the 24.65 horizontal line. The dividend yield on this particular ETF is at 3.99% at the moment. FREL
Key stats
About Fidelity MSCI Real Estate Index ETF
Home page
Inception date
Feb 2, 2015
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
FMR Co., Inc.
Distributor
Fidelity Distributors Corp.
FREL is one of ten Fidelity ETFs that track MSCI sector indexes. The fund targets companies in the US real estate sector as defined by the GICS sector classification scheme. The fund is both broad and representative, and it differs mostly by including a handful of non-REIT real estate firms. To meet diversification requirements, the funds underlying index employs a capping methodology, such that no group entity exceeds 25% of index weight and the aggregate weight of issuers with over 5% weight in the index are capped at 50% weight of the portfolio. Prior to December 1, 2020, FREL tracked the unconstrained MSCI USA IMI Real Estate Index. Like all real estate ETFs, FRELs distributions are taxed as ordinary income.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
Top 10 holdings
Top of Real Estate?In short I theorize that the real estate sector is overbought, I think those people who got in at the covid lows created a huge trend that is now parabolic, at an extreme, euphoric, whatever you want to call it. The trend hasn't changed, yet, on any of my timeframes, but I think this is mature and i
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
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Summary
Neutral
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Neutral
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Summary
Neutral
SellBuy
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Moving Averages
Neutral
SellBuy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.