- Issuer
- Fidelity
- Inception Date
- Oct 5, 2021
- Category
- Transportation Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $28M
Share Price Chart
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Performance
FDRV Performance Chart
Fidelity Electric Vehicles and Future Transportation ETF (FDRV) is up 30.9% since the beginning of the year. FDRV is currently trading at $21 per share.
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Returns By Period
Fidelity Electric Vehicles and Future Transportation ETF (FDRV) has returned 30.92% so far this year and 53.50% over the past 12 months.
Fidelity Electric Vehicles and Future Transportation ETF
- 1D
- -0.86%
- 1M
- 11.72%
- YTD
- 30.92%
- 6M
- 29.26%
- 1Y
- 53.50%
- 3Y*
- 7.13%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
FDRV Monthly Returns History
Based on dividend-adjusted daily data since Oct 7, 2021, FDRV's average daily return is +0.01%, while the average monthly return is +0.10%. At this rate, an investment would double in approximately 57.8 years.
Historically, 53% of months were positive and 47% were negative. The best month was Jan 2023 with a return of +23.4%, while the worst month was Jan 2024 at -17.1%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FDRV closed higher 50% of trading days. The best single day was Apr 9, 2025 with a return of +12.0%, while the worst single day was May 9, 2022 at -7.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.95% | 3.41% | -4.51% | 17.33% | 7.85% | 2.76% | 30.92% | ||||||
| 2025 | 1.16% | 2.81% | -5.90% | -1.09% | 7.88% | 6.87% | 1.75% | 7.95% | 9.09% | -0.81% | -6.86% | 0.61% | 24.32% |
| 2024 | -17.10% | 3.98% | -1.50% | -6.56% | 4.52% | -5.85% | 2.47% | -1.64% | 4.74% | -6.15% | 4.82% | -3.46% | -21.73% |
| 2023 | 23.36% | -2.25% | 1.95% | -11.83% | 4.21% | 11.25% | 10.06% | -12.02% | -7.61% | -16.53% | 9.70% | 9.06% | 12.27% |
| 2022 | -13.40% | -1.22% | -0.22% | -15.40% | 2.17% | -11.47% | 10.75% | -4.03% | -15.12% | -1.11% | 11.33% | -14.02% | -44.23% |
| 2021 | 9.96% | 1.20% | -3.84% | 7.00% |
Benchmark Metrics
Fidelity Electric Vehicles and Future Transportation ETF has an annualized alpha of -16.12%, beta of 1.46, and R2 of 0.62 versus S&P 500 Index. Calculated based on daily prices since October 08, 2021.
- This ETF participated in 147.85% of S&P 500 Index downside but only 88.66% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -16.12% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Alpha
- -16.12%
- Beta
- 1.46
- R²
- 0.62
- Upside Capture
- 88.66%
- Downside Capture
- 147.85%
Expense Ratio
FDRV has an expense ratio of 0.39%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FDRV ranks 62 for risk / return — better than 62% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Electric Vehicles and Future Transportation ETF (FDRV) and compare them to S&P 500 Index.
| FDRV | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.15 | 2.24 | -0.09 |
Sortino ratioReturn per unit of downside risk | 2.83 | 3.07 | -0.24 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.41 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 3.44 | 2.93 | +0.51 |
Martin ratioReturn relative to average drawdown | 10.66 | 13.52 | -2.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Fidelity Electric Vehicles and Future Transportation ETF provided a 1.02% dividend yield over the last twelve months, with an annual payout of $0.22 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | $0.22 | $0.19 | $0.06 | $0.04 | $0.05 | $0.01 |
Dividend yield | 1.02% | 1.14% | 0.43% | 0.24% | 0.33% | 0.04% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Electric Vehicles and Future Transportation ETF. 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 | $0.05 | $0.00 | $0.00 | $0.00 | $0.05 | ||||||
| 2025 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.19 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.06 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.04 |
| 2022 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.05 |
| 2021 | $0.01 | $0.01 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Electric Vehicles and Future Transportation ETF. 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 Electric Vehicles and Future Transportation ETF was 63.89%, occurring on Apr 8, 2025. The portfolio has not yet recovered.
The current Fidelity Electric Vehicles and Future Transportation ETF drawdown is 27.57%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -63.89%Apr 2025 | 3y 5mo | — | 4y 6moNov 2021 - now |
2021 pullback2021 | -1.46%Oct 2021 | 0s | 3d | 3dOct 2021 - Oct 2021 |
2021 pullback2021 | -1.12%Oct 2021 | 1d | 1d | 2dOct 2021 - Oct 2021 |
2021 pullback2021 | -0.49%Oct 2021 | 3d | 1d | 4dOct 2021 - Oct 2021 |
2021 pullback2021 | -0.48%Nov 2021 | 0s | 1d | 1dNov 2021 - Nov 2021 |
Drawdown Indicators
| FDRV | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.89% | -56.78% | -7.11% |
Max Drawdown (1Y)Largest decline over 1 year | -15.62% | -9.10% | -6.52% |
Max Drawdown (3Y)Largest decline over 3 years | -48.45% | -18.90% | -29.55% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -27.57% | -0.74% | -26.83% |
Average DrawdownAverage peak-to-trough decline | -42.35% | -10.72% | -31.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.03% | 1.97% | +3.06% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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