FDRR

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

FDRR Fund Description

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.

PERFORMANCE [as of 06/24/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FDRR -2.52% -10.16% -11.50% -3.13% 10.56% 10.19% --
FDRR (NAV) -2.40% -10.06% -11.31% -2.94% 10.56% 10.21% --
Fidelity Dividend Index for Rising Rates -2.38% -9.98% -11.13% -2.61% 10.91% 10.57% 13.07%
MSCI World IMI -2.31% -13.54% -18.50% -12.84% 7.70% 7.82% 10.01%
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%
$581.98M
$3.16M
0.10%

FDRR Portfolio Data

$453.12B
15.51
3.51
2.73%
N/A
108

FDRR Index Data

Tiered
Multi-Factor
MSCI World IMI

FDRR Portfolio Management

0.29%
-0.39%
-0.32%
-0.46%

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 06/27/22
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

77,058
$3.16M
70,160
$2.85M
0.10%
$0.04
0.07%
0.28% / -1.31%
None
96.00%
50,000
1.40
0.03%
0.01%
43
$39.58
5

FDRR Sector/Industry Breakdown


FDRR
Segment Benchmark
15.49%
--
15.00%
--
13.47%
--
11.63%
--
7.24%
--
7.01%
--
5.72%
--
5.40%
--
3.11%
--
2.76%
--

FDRR Top 10 Holdings[View All]

Apple Inc. 6.82%
AbbVie, Inc. 2.09%
Pfizer Inc. 2.00%
Amgen Inc. 1.76%
29.41%

FDRR Countries


FDRR
Segment Benchmark
95.40%
68.10%
1.74%
4.64%
0.93%
0.31%
0.79%
0.48%
0.49%
0.99%
0.44%
2.37%
0.21%
0.29%
--
6.51%
--
0.00%
--
0.10%

FDRR Regions


FDRR
Segment Benchmark
95.40%
71.79%
3.37%
17.76%
1.23%
10.22%
--
0.23%

FDRR Economic Development


FDRR
Segment Benchmark
100.00%
100.00%
--
0.00%

FDRR Performance Statistics

0.88
0.89
0.85
0.93
0.35%
MSCI World IMI

FDRR Benchmark Comparison Holdings

108
6003
107
24.82%

FDRR Benchmark Comparison Summary


FDRR
Segment Benchmark
108
6003
$453.12B
$342.17B
15.51
18.36
3.51
2.72
2.91%
1.90%
Low
Low

FDRR Benchmark Comparison Market Cap Size


FDRR
Segment Benchmark
89.48%
82.49%
10.52%
12.89%
0.00%
4.23%
0.00%
0.40%