FPRO - Fidelity Real Estate Investment ETF
Seeks above-average income and long-term capital growth consistent with reasonable investment risk, and offers exposure to key real estate themes.
As of May 15, 2026: spot at $26.25, ATM IV 80.0%, net GEX $0.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $14.8M
- Beta
- 1.01
- 52-Week Range
- 21.95-25.06
- Dividend Yield
- $0.63
- IPO Date
- Feb 4, 2021
- Exchange
- CBOE
What FPRO Looks Like to Options Traders Today
positive net gamma exposure ($0) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (-0.021) prices puts richer than calls, the typical equity downside-protection skew.
What This Page Covers
The FPRO overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked FPRO overview questions
- What is FPRO?
- FPRO is the ticker symbol for Fidelity Real Estate Investment ETF, an listed exchange-traded fund. Seeks above-average income and long-term capital growth consistent with reasonable investment risk, and offers exposure to key real estate themes. Listed on CBOE. FPRO is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the FPRO options snapshot look like today?
- As of May 15, 2026, the FPRO options snapshot shows spot at $26.25, ATM IV 80.0%, net GEX $0, expected move 22.94%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are FPRO's key statistics?
- Fidelity Real Estate Investment ETF (FPRO) carries a market capitalization of $14.8M, 52-week range of 21.95-25.06. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does FPRO belong to?
- Fidelity Real Estate Investment ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare FPRO's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the FPRO data on this page?
- The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.