FDRRFidelity Dividend ETF for Rising Rates

Grow my money Get income9y track recordRanked #375 of 1,622 in this goal

Seeks to provide investment returns that correspond to the performance of the Fidelity Dividend Index for Rising Rates.

By Fidelity Investments · Launched 2016

Annual Cost

0.15%

#740 of 5,562 · low cost

Fund Size

$728M

#1,299 of 5,562 · large

Return (1Y)Goal

+28.3%

Track Record

9 years

#1,462 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$12,599+26.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Factor

Dividend

Index tracked

Fidelity Dividend Index for Rising Rates

What it actually holds

By weight

Concentration

Top 10 holdings = 39.1% of fund✓ well diversified

NVIDIA CORP

8.2%

APPLE INC

6.7%

MICROSOFT CORP

5.6%

ALPHABET INC

5.2%

BROADCOM INC

3.5%

META PLATFORMS INC

2.5%

JPMORGAN CHASE and CO

2.1%

ELI LILLY and CO

2.0%

JOHNSON and JOHNSON

1.7%

ABN AMRO BANK NV

1.6%

Asset allocation

Stocks

98.6%

Cash

3.2%

By sector

Technology

38.2%

Financial Services

11.3%

Communication

10.1%

Healthcare

9.3%

Industrials

8.3%

Consumer Cyclical

8.2%

Consumer Defensive

4.5%

Energy

3.2%

Other

6.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

11.2%Moderate

Year-on-year price swings

Max drawdown

-36.5%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.11Strong risk-adjusted returns

Sortino (3Y)

1.66Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investment returns that correspond to the performance of the Fidelity Dividend Index for Rising Rates.
Strategy: Invests primarily in securities included in the Fidelity Dividend Index for Rising Rates, which reflects the performance of large and mid-cap dividend-paying companies expected to grow dividends and correlate positively with rising 10-year U.S. Treasury yields. Stocks are selected based on high dividend yield, low payout ratio, high growth, and adjusted for market capitalization. International stocks may comprise up to 10% of the index.
Inception date: September 12, 2016
Fund family: Fidelity Investments