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FDRR vs MBOX

Fidelity Dividend ETF for Rising Rates vs Freedom Day Dividend ETF

FDRR

Fidelity Dividend ETF for Rising Rates

Annual cost

0.15%

Fund size

$728M

MBOX

Freedom Day Dividend ETF

Annual cost

0.39%

Fund size

$141M

Key differences

Both FDRR and MBOX are equity ETFs. FDRR charges 0.15% a year and MBOX 0.39%. The main difference: FDRR follows a index tracking strategy; MBOX uses active selection.

  • FDRR follows a index tracking strategy; MBOX uses active selection.
  • FDRR covers global markets; MBOX covers North America.
  • FDRR costs 0.24% less per year.
  • FDRR is much larger than MBOX. 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

FDRRMBOX
Annual cost (TER)0.15%0.39%
Fund size (AUM)$728M$141M
Since20162021
Dividend yield2.08%1.91%
Asset classequityequity
Regionglobalnorth america
Strategyindex trackingactive selection
CAGR 1Y+29.5%+24.3%
CAGR 3Y+21.5%+20.8%
CAGR 5Y+12.0%+12.0%
Sharpe 3Y1.221.20
Volatility 1Y11.19%10.84%
Max drawdown-36.52%-16.42%

Similar to FDRR and MBOX