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FDRR vs FDIV

Fidelity Dividend ETF for Rising Rates vs MarketDesk Focused U.S. Dividend ETF

FDRR

Fidelity Dividend ETF for Rising Rates

Annual cost

0.15%

Fund size

$728M

FDIV

MarketDesk Focused U.S. Dividend ETF

Annual cost

0.35%

Fund size

$70M

Key differences

Both FDRR and FDIV are equity ETFs. FDRR charges 0.15% a year and FDIV 0.35%. The main difference: FDRR follows a index tracking strategy; FDIV uses active selection.

  • FDRR follows a index tracking strategy; FDIV uses active selection.
  • FDRR covers global markets; FDIV covers North America.
  • FDRR costs 0.20% less per year.
  • FDRR is much larger than FDIV. Larger funds are usually more liquid and less likely to close.
  • FDRR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FDRRFDIV
Annual cost (TER)0.15%0.35%
Fund size (AUM)$728M$70M
Since20162023
Dividend yield2.08%2.86%
Asset classequityequity
Regionglobalnorth america
Strategyindex trackingactive selection
CAGR 1Y+29.5%+8.8%
CAGR 3Y+21.5%N/A
CAGR 5Y+12.0%N/A
Sharpe 3Y1.22N/A
Volatility 1Y11.19%12.78%
Max drawdown-36.52%-18.60%

Similar to FDRR and FDIV