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FDRR vs FDHY

Fidelity Dividend ETF for Rising Rates vs Fidelity Enhanced High Yield ETF

FDRR

Fidelity Dividend ETF for Rising Rates

Fidelity Investments

Annual cost

0.15%

Fund size

$687M

FDHY

Fidelity Enhanced High Yield ETF

Fidelity Investments

Annual cost

0.35%

Fund size

$497M

Key differences

  • FDRR costs 0.20% less per year.
  • FDRR is classified as equity, while FDHY is fixed income — different risk/return profiles.
  • Over the last 3 years, FDRR has delivered higher annualized returns.

Side-by-side comparison

FDRRFDHY
Annual cost (TER)0.15%0.35%
Fund size (AUM)$687M$497M
Since20162018
Dividend yield2.21%6.54%
Asset classequityfixed income
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+31.8%+9.3%
CAGR 3Y+20.9%+8.9%
CAGR 5Y+11.9%+4.0%
Sharpe 3Y1.191.01
Volatility 1Y11.02%3.76%
Max drawdown-36.52%-20.01%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FDRR and FDHY