FDRR

Fidelity Dividend ETF for Rising Rates
*Unless otherwise stated, data provided by FactSet.

FDRR Fund Description

FDRR tracks an index of large- and midcap companies in developed nations that exhibit strong dividend characteristics and have a positive correlation to increasing 10-year US Treasury yields.

FDRR Factset Analytics Insight

FDRR invests in US and developed international equities that exhibit strong dividend characteristics and a positive correlation to increasing 10-year US Treasury yields. The selection universe begins with 1,000 of the largest US stocks and the largest 1,000 developed-market international stocks by market capitalization. These stocks are scored and selected according to their dividend yield, dividend payout ratio, dividend growth, and their correlation to increasing 10-year US Treasury yields. Each sector maintains its weight relative to the broader equity market, and each stock within each sector receives a modified market capitalization weight plus an equal overweight adjustment within each sector. This avoids concentration to the large-cap constituents. FDRR invests mostly in US stocks, with a 10% maximum on international stocks, as well as a 35% cap on any individual sector. The index is rebalanced annually.

FDRR MSCI ESG Analytics Insight

Fidelity Dividend ETF for Rising Rates has an MSCI ESG Fund Rating of A based on a score of 6.69 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Fidelity Dividend ETF for Rising Rates ranks in the 67th percentile within its peer group and in the 63th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FDRR MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

PERFORMANCE [as of 07/27/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FDRR 1.57% 3.40% 17.85% 39.54% 14.27% -- --
FDRR (NAV) 1.44% 3.11% 17.64% 38.31% 14.43% -- --
Fidelity Dividend Index for Rising Rates 1.46% 3.18% 17.86% 38.76% 14.77% 14.79% 14.19%
MSCI World IMI 0.97% 3.53% 14.76% 35.65% 13.99% 14.31% 10.89%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FDRR Summary Data

Fidelity
09/12/16
Open-Ended Fund
0.29%
$493.12M
$1.61M
0.11%

FDRR Portfolio Data

$358.18B
27.30
3.65
2.07%
09/17/21
113

FDRR Index Data

Tiered
Multi-Factor
MSCI World IMI

FDRR Portfolio Management

0.29%
-0.31%
-0.26%
-0.58%

FDRR Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FDRR Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

FDRR Factset Analytics Block Liquidity

As of 07/28/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FDRR. FDRR is rated a 5 out of 5.

FDRR Tradability

38,102
$1.61M
33,305
$1.40M
0.11%
$0.05
0.07%
0.32% / -0.30%
None
96.00%
50,000
0.67
0.03%
0.01%
5
$42.75
5

FDRR Sector/Industry Breakdown


FDRR
Segment Benchmark
26.17%
24.01%
19.47%
14.23%
15.60%
17.59%
13.25%
11.73%
9.30%
12.08%
5.56%
6.74%
2.73%
4.98%
2.57%
3.48%
2.31%
2.74%
2.17%
1.85%

FDRR Top 10 Holdings[View All]

Apple Inc. 6.66%
Pfizer Inc. 1.88%
AbbVie, Inc. 1.72%
28.53%

FDRR Countries


FDRR
Segment Benchmark
95.57%
66.12%
1.65%
4.83%
1.14%
2.75%
0.40%
7.34%
0.29%
0.94%
0.28%
0.38%
0.26%
0.77%
0.21%
2.74%
0.21%
2.29%
--
0.11%

FDRR Regions


FDRR
Segment Benchmark
95.57%
69.35%
3.26%
19.38%
1.17%
11.06%
--
0.20%

FDRR Economic Development


FDRR
Segment Benchmark
100.00%
100.00%
--
0.00%

FDRR Performance Statistics

0.83
0.99
0.95
1.02
0.35%
MSCI World IMI

FDRR MSCI ESG Ratings

6.69 / 10
63.24
66.84
8.29%
1.47%
136.64

FDRR Benchmark Comparison Holdings

113
5994
113
23.46%

FDRR Benchmark Comparison Summary


FDRR
Segment Benchmark
113
5994
$358.18B
$286.14B
27.30
36.31
3.65
2.97
2.65%
1.61%
Low
Low

FDRR Benchmark Comparison Market Cap Size


FDRR
Segment Benchmark
91.83%
81.97%
8.17%
13.78%
0.00%
4.03%
0.00%
0.21%