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FDRR vs FYEE

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

FDRR

Fidelity Dividend ETF for Rising Rates

Fidelity Investments

Annual cost

0.15%

Fund size

$687M

FYEE

Fidelity Yield Enhanced Equity ETF

Fidelity Investments

Annual cost

0.00%

Fund size

$166M

Key differences

  • FYEE costs 0.15% less per year.
  • FDRR is significantly larger than FYEE — larger funds tend to be more liquid and less likely to close.
  • FDRR is classified as equity, while FYEE is alternative — different risk/return profiles.
  • FDRR follows a index tracking strategy; FYEE uses option income.
  • FDRR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FDRRFYEE
Annual cost (TER)0.15%0.00%
Fund size (AUM)$687M$166M
Since20162024
Dividend yield2.21%4.89%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1Y+31.8%+25.9%
CAGR 3Y+20.9%N/A
CAGR 5Y+11.9%N/A
Sharpe 3Y1.19N/A
Volatility 1Y11.02%9.75%
Max drawdown-36.52%-18.79%

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

Similar to FDRR and FYEE