The YouTuber suggests FREL for real estate exposure due to its low 0.08% expense ratio and 2.9% dividend yield. He notes its diversification across 174 companies in the REIT and property space, with no single holding dominating, and its historical outperformance against the Vanguard real estate ETF (VNQ).
“we'll use the fidelity msci real estate index etf or ticker frel for our real estate exposure the fund charges a 0.08 expense ratio which is about the lowest you're going to find with fidelity and pays a 2.9 dividend yield”