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FDRR vs FSYD

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

FDRR

Fidelity Dividend ETF for Rising Rates

Fidelity Investments

Annual cost

0.15%

Fund size

$687M

FSYD

Fidelity Sustainable High Yield ETF

Fidelity Investments

Annual cost

0.55%

Fund size

$113M

Key differences

  • FDRR costs 0.40% less per year.
  • FDRR is significantly larger than FSYD — larger funds tend to be more liquid and less likely to close.
  • FDRR is classified as equity, while FSYD is fixed income — different risk/return profiles.
  • Over the last 3 years, FDRR has delivered higher annualized returns.
  • FDRR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FDRRFSYD
Annual cost (TER)0.15%0.55%
Fund size (AUM)$687M$113M
Since20162022
Dividend yield2.21%6.39%
Asset classequityfixed income
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+31.8%+10.7%
CAGR 3Y+20.9%+9.8%
CAGR 5Y+11.9%N/A
Sharpe 3Y1.191.10
Volatility 1Y11.02%4.25%
Max drawdown-36.52%-12.11%

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

Similar to FDRR and FSYD