Fidelity Dividend ETF for Rising Rates (FDRR)
FDRR is a passive ETF by Fidelity tracking the investment results of the Fidelity Dividend Index for Rising Rates. FDRR launched on Sep 12, 2016 and has a 0.29% expense ratio.
ETF Info
| ISIN | US3160928327 |
|---|---|
| CUSIP | 316092832 |
| Issuer | Fidelity |
| Inception Date | Sep 12, 2016 |
| Region | North America (U.S.) |
| Category | Large Cap Growth Equities, Dividend |
| Leveraged | 1x |
| Index Tracked | Fidelity Dividend Index for Rising Rates |
| Home Page | screener.fidelity.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
FDRR features an expense ratio of 0.29%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: FDRR vs. FDVV, FDRR vs. FDLO, FDRR vs. SCHD, FDRR vs. IDRV, FDRR vs. EQRR, FDRR vs. FDGFX, FDRR vs. NOBL, FDRR vs. VYM, FDRR vs. FXAIX, FDRR vs. VOO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Dividend ETF for Rising Rates, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Dividend ETF for Rising Rates had a return of 19.24% year-to-date (YTD) and 30.63% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 19.24% | 20.10% |
| 1 month | 0.21% | -0.39% |
| 6 months | 14.47% | 11.72% |
| 1 year | 30.63% | 31.44% |
| 5 years (annualized) | 12.02% | 13.30% |
| 10 years (annualized) | N/A | 10.96% |
Monthly Returns
The table below presents the monthly returns of FDRR, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.57% | 2.22% | 3.79% | -3.65% | 5.97% | 2.15% | 2.46% | 3.33% | 1.37% | -0.01% | 19.24% | ||
| 2023 | 4.37% | -2.98% | 1.72% | 1.33% | -3.47% | 5.88% | 3.02% | -2.14% | -4.86% | -2.18% | 7.98% | 5.19% | 13.66% |
| 2022 | -1.68% | -2.78% | 3.36% | -6.36% | 1.56% | -8.00% | 6.39% | -3.77% | -9.64% | 10.40% | 6.74% | -4.21% | -9.72% |
| 2021 | 0.52% | 3.24% | 5.83% | 3.51% | 1.68% | 0.46% | 0.93% | 1.64% | -3.93% | 5.01% | -1.41% | 6.39% | 26.06% |
| 2020 | -1.37% | -9.03% | -15.20% | 11.60% | 3.40% | 1.78% | 3.15% | 6.08% | -2.92% | -3.30% | 12.43% | 4.87% | 8.23% |
| 2019 | 6.62% | 2.88% | 1.37% | 3.39% | -7.90% | 7.21% | 1.23% | -2.67% | 3.53% | 2.08% | 3.58% | 3.61% | 26.86% |
| 2018 | 4.42% | -3.14% | -2.96% | 0.17% | 2.11% | -0.06% | 4.12% | 2.57% | 0.83% | -4.73% | 2.27% | -8.41% | -3.60% |
| 2017 | 1.43% | 4.06% | 0.24% | 0.25% | 0.65% | 1.43% | 1.06% | -0.11% | 2.67% | 1.19% | 3.50% | 1.50% | 19.29% |
| 2016 | 1.47% | -2.35% | 4.84% | 1.60% | 5.55% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FDRR is 88, placing it in the top 12% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Dividend ETF for Rising Rates (FDRR) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Dividend ETF for Rising Rates provided a 2.23% dividend yield over the last twelve months, with an annual payout of $1.15 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.15 | $1.29 | $1.10 | $0.95 | $1.05 | $1.02 | $0.92 | $0.89 | $0.16 |
Dividend yield | 2.23% | 2.93% | 2.75% | 2.09% | 2.85% | 2.89% | 3.20% | 2.89% | 0.61% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Dividend ETF for Rising Rates. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.87 | |
| 2023 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.27 | $1.29 |
| 2022 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.19 | $1.10 |
| 2021 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.20 | $0.95 |
| 2020 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.19 | $1.05 |
| 2019 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.09 | $1.02 |
| 2018 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.21 | $0.92 |
| 2017 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.25 | $0.89 |
| 2016 | $0.16 | $0.16 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Dividend ETF for Rising Rates. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Dividend ETF for Rising Rates was 36.52%, occurring on Mar 23, 2020. Recovery took 172 trading sessions.
The current Fidelity Dividend ETF for Rising Rates drawdown is 2.78%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -36.52% | Feb 13, 2020 | 27 | Mar 23, 2020 | 172 | Nov 24, 2020 | 199 |
| -20.92% | Jan 5, 2022 | 186 | Sep 30, 2022 | 303 | Dec 14, 2023 | 489 |
| -15.97% | Sep 24, 2018 | 64 | Dec 24, 2018 | 69 | Apr 4, 2019 | 133 |
| -9.96% | Jan 29, 2018 | 39 | Mar 23, 2018 | 108 | Aug 27, 2018 | 147 |
| -8.66% | Sep 21, 2016 | 33 | Nov 4, 2016 | 26 | Dec 13, 2016 | 59 |
Volatility
Volatility Chart
The current Fidelity Dividend ETF for Rising Rates volatility is 2.60%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.