- ISIN
- US3160928327
- CUSIP
- 316092832
- Issuer
- Fidelity
- Inception Date
- Sep 12, 2016
- Region
- North America (U.S.)
- Category
- Large Cap Blend Equities, Dividend
- Leveraged
- 1x (No leverage)
- Index Tracked
- Fidelity Dividend Index for Rising Rates
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $709M
Highlights
- Avg. Volume (1M)
- 16K
- Avg. Volume Value (1M)
- $1.04M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
FDRR Performance Chart
Fidelity Dividend ETF for Rising Rates (FDRR) is up 11.9% since the beginning of the year. FDRR is currently trading at $67 per share. Investors who bought $1,000 worth of FDRR shares 5 years ago would now be looking at an investment worth $1,807.
Loading charts...
Compare this symbol against anything
Returns By Period
Fidelity Dividend ETF for Rising Rates (FDRR) has returned 11.91% so far this year and 24.43% over the past 12 months.
Fidelity Dividend ETF for Rising Rates
- 1D
- 0.69%
- 1M
- 3.98%
- 6M
- 9.73%
- YTD
- 11.91%
- 1Y
- 24.43%
- 3Y*
- 19.21%
- 5Y*
- 12.56%
- 10Y*
- —
- ALL TIME*
- 13.70%
Benchmark (S&P 500 Index)
- 1D
- 1.66%
- 1M
- -0.82%
- 6M
- 6.72%
- YTD
- 8.65%
- 1Y
- 16.89%
- 3Y*
- 17.46%
- 5Y*
- 11.09%
- 10Y*
- 13.10%
- ALL TIME*
- 8.07%
FDRR Monthly Returns History
Based on dividend-adjusted daily data since Sep 15, 2016, FDRR's average daily return is +0.06%, while the average monthly return is +1.17%. At this rate, an investment would double in approximately 5.0 years.
Historically, 70% of months were positive and 30% were negative. The best month was Nov 2020 with a return of +12.4%, while the worst month was Mar 2020 at -15.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FDRR closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +9.2%, while the worst single day was Mar 12, 2020 at -10.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.88% | -0.50% | -4.38% | 7.70% | 5.94% | -2.69% | 3.98% | 11.91% | |||||
| 2025 | 1.48% | 1.42% | -4.98% | -2.52% | 5.84% | 6.04% | 1.78% | 3.81% | 2.87% | 2.35% | 1.41% | 0.84% | 21.70% |
| 2024 | 0.57% | 2.22% | 3.79% | -3.65% | 5.97% | 2.15% | 2.46% | 3.33% | 1.37% | -0.01% | 4.34% | -3.49% | 20.24% |
| 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% | -9.73% |
| 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% |
Benchmark Metrics
Fidelity Dividend ETF for Rising Rates has an annualized alpha of 1.50%, beta of 0.89, and R2 of 0.93 versus S&P 500 Index. Calculated based on daily prices since September 15, 2016.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (94.36%) than losses (92.45%) - typical of diversified or defensive assets.
- With beta of 0.89 and R2 of 0.93, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.50%
- Beta
- 0.89
- R²
- 0.93
- Upside Capture
- 94.36%
- Downside Capture
- 92.45%
Expense Ratio
FDRR has an expense ratio of 0.15%, which is considered low.
Return for Risk
Risk / Return Rank
FDRR ranks 87 for risk / return — above 87% of ETFs peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Fidelity Dividend ETF for Rising Rates (FDRR) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FDRR | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.84 | ||
| Sortino ratioReturn per unit of downside risk | +1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.24 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.88 | 1.86 | +1.02 |
| Martin ratioReturn relative to average drawdown | 11.42 | 7.90 | +3.51 |
Dividends
Dividend History
Fidelity Dividend ETF for Rising Rates provided a 2.09% dividend yield over the last twelve months, with an annual payout of $1.41 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.41 | $1.35 | $1.34 | $1.29 | $1.10 | $0.95 | $1.05 | $1.02 | $0.92 | $0.89 | $0.16 |
Dividend yield | 2.09% | 2.21% | 2.61% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.41 | $0.00 | $0.76 | |||||
| 2025 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.33 | $1.35 |
| 2024 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.47 | $1.34 |
| 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 |
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.
Loading charts...
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 0.56%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-36.52%Mar 2020 | 1mo 9d | 8mo 6d | 9mo 15dFeb 2020 - Nov 2020 | COVID crash2020 |
-20.92%Sep 2022 | 8mo 28d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 | Bear market2022 |
-18.04%Apr 2025 | 1mo 17d | 2mo 19d | 4mo 6dFeb 2025 - Jun 2025 | 2025 selloff2025 |
-15.97%Dec 2018 | 3mo 1d | 3mo 11d | 6mo 12dSep 2018 - Apr 2019 | Rate-hike selloffLate 2018 |
-9.96%Mar 2018 | 1mo 23d | 5mo 7d | 7moJan 2018 - Aug 2018 | — |
Drawdown Indicators
| FDRR | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.52% | -56.78% | +20.26% |
Max Drawdown (1Y)Largest decline over 1 year | -8.52% | -9.10% | +0.58% |
Max Drawdown (3Y)Largest decline over 3 years | -18.04% | -18.90% | +0.86% |
Max Drawdown (5Y)Largest decline over 5 years | -20.92% | -25.43% | +4.51% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.56% | -2.26% | +1.70% |
Average DrawdownAverage peak-to-trough decline | -3.97% | -10.70% | +6.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.15% | 2.14% | +0.01% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FDRR
Add Fidelity Dividend ETF for Rising Rates to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with FDRR