- Issuer
- Fidelity
- Inception Date
- Oct 5, 2021
- Category
- Technology Equities, Global 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
Highlights
- Avg. Volume (1M)
- 8K
- Avg. Volume Value (1M)
- $140.01K
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
FDRV Performance Chart
Fidelity Electric Vehicles and Future Transportation ETF (FDRV) is up 9.6% since the beginning of the year. FDRV is currently trading at $18 per share.
Loading charts...
Compare this symbol against anything
Returns By Period
Fidelity Electric Vehicles and Future Transportation ETF (FDRV) has returned 9.64% so far this year and 21.47% over the past 12 months.
Fidelity Electric Vehicles and Future Transportation ETF
- 1D
- 0.74%
- 1M
- -5.30%
- 6M
- 8.32%
- YTD
- 9.64%
- 1Y
- 21.47%
- 3Y*
- -2.81%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -6.71%
Benchmark (S&P 500 Index)
- 1D
- 1.48%
- 1M
- 1.57%
- 6M
- 8.95%
- YTD
- 11.03%
- 1Y
- 21.84%
- 3Y*
- 19.28%
- 5Y*
- 11.54%
- 10Y*
- 13.29%
- ALL TIME*
- 8.11%
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 -0.20%.
Historically, 51% of months were positive and 49% 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 49% of trading days. The best single day was Apr 9, 2025 with a return of +12.0%, while the worst single day was Jun 5, 2026 at -7.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.95% | 3.41% | -4.51% | 17.33% | 7.85% | -6.48% | -8.65% | 0.74% | 9.64% | ||||
| 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 | 10.05% | 1.20% | -3.84% | 7.10% |
Benchmark Metrics
Fidelity Electric Vehicles and Future Transportation ETF has an annualized alpha of -19.02%, beta of 1.48, and R2 of 0.62 versus S&P 500 Index. Calculated based on daily prices since October 07, 2021.
- This ETF participated in 160.15% of S&P 500 Index downside but only 87.60% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -19.02% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Alpha
- -19.02%
- Beta
- 1.48
- R²
- 0.62
- Upside Capture
- 87.60%
- Downside Capture
- 160.15%
Expense Ratio
FDRV has an expense ratio of 0.39%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FDRV ranks 32 for risk / return — above 32% of ETFs peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return 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.
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.
| FDRV | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.31 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.14 | 2.41 | -1.27 |
| Martin ratioReturn relative to average drawdown | 2.98 | 10.22 | -7.24 |
Dividends
Dividend History
Fidelity Electric Vehicles and Future Transportation ETF provided a 1.30% dividend yield over the last twelve months, with an annual payout of $0.23 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | $0.23 | $0.19 | $0.06 | $0.04 | $0.05 | $0.01 |
Dividend yield | 1.30% | 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 | $0.07 | $0.00 | $0.00 | $0.12 | ||||
| 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.
Loading charts...
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 39.34%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-63.89%Apr 2025 | 3y 5mo | — | 4y 8moNov 2021 - now | 2025 selloff2025 |
-1.46%Oct 2021 | 1d | 3d | 3dOct 2021 - Oct 2021 | — |
-1.12%Oct 2021 | 1d | 1d | 2dOct 2021 - Oct 2021 | — |
-0.49%Oct 2021 | 3d | 1d | 4dOct 2021 - Oct 2021 | — |
-0.48%Nov 2021 | 1d | 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 | -18.84% | -9.10% | -9.74% |
Max Drawdown (3Y)Largest decline over 3 years | -45.42% | -18.90% | -26.52% |
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 | -39.34% | -0.12% | -39.22% |
Average DrawdownAverage peak-to-trough decline | -42.10% | -10.70% | -31.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.22% | 2.14% | +5.08% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FDRV
Add Fidelity Electric Vehicles and Future Transportation ETF 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 FDRV