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FYEE vs FDRR

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

FYEE

Fidelity Yield Enhanced Equity ETF

Fidelity Investments

Annual cost

0.00%

Fund size

$166M

FDRR

Fidelity Dividend ETF for Rising Rates

Fidelity Investments

Annual cost

0.15%

Fund size

$687M

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.
  • FYEE is classified as alternative, while FDRR is equity — different risk/return profiles.
  • FYEE follows a option income strategy; FDRR uses index tracking.
  • FDRR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FYEEFDRR
Annual cost (TER)0.00%0.15%
Fund size (AUM)$166M$687M
Since20242016
Dividend yield4.89%2.21%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+25.9%+31.8%
CAGR 3YN/A+20.9%
CAGR 5YN/A+11.9%
Sharpe 3YN/A1.19
Volatility 1Y9.75%11.02%
Max drawdown-18.79%-36.52%

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

Similar to FYEE and FDRR