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
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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 Tradability
FDRR Sector/Industry Breakdown
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FDRR Top 10 Holdings
FDRR Performance Statistics
FDRR Countries
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FDRR Regions
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FDRR Economic Development
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FDRR Benchmark Comparison Summary
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FDRR Benchmark Comparison Market Cap Size
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