FDRR Fidelity Dividend ETF for Rising Rates
What is FDRR?
FDRR tracks an index of large- and mid-cap 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 Summary Data
FDRR Portfolio Data
FDRR Index Data
FDRR Portfolio Management
FDRR Tax Exposures
FDRR Fund Structure
Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
FDRR Top 10 Holdings
FDRR Performance Statistics
FDRR Economic Development
FDRR Benchmark Comparison Summary
FDRR Benchmark Comparison Market Cap Size