Fidelity Electric Vehicles and Future Transportation ETF (FDRV)
The ETF primarily focuses on investing in companies involved in the production of electric and/or autonomous vehicles and related technology or energy systems. It aims to track the performance of a global index while being non-diversified.
ETF Info
| Issuer | Fidelity |
|---|---|
| Inception Date | Oct 5, 2021 |
| Category | Transportation Equities |
| Index Tracked | No Index (Active) |
| Home Page | institutional.fidelity.com |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Growth |
Expense Ratio
FDRV has a high expense ratio of 0.39%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: FDRV vs. FTQGX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Electric Vehicles and Future Transportation ETF, 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 Electric Vehicles and Future Transportation ETF had a return of -17.26% year-to-date (YTD) and -13.32% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -17.26% | 7.50% |
| 1 month | -0.22% | -1.61% |
| 6 months | -7.58% | 17.65% |
| 1 year | -13.32% | 26.26% |
| 5 years (annualized) | N/A | 11.73% |
| 10 years (annualized) | N/A | 10.64% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -17.10% | 3.98% | -1.50% | -6.56% | ||||||||
| 2023 | -16.53% | 9.70% | 9.06% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FDRV is 5, indicating that it is in the bottom 5% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Fidelity Electric Vehicles and Future Transportation ETF(FDRV)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Electric Vehicles and Future Transportation ETF (FDRV) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Electric Vehicles and Future Transportation ETF granted a 0.29% dividend yield in the last twelve months. The annual payout for that period amounted to $0.04 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.04 | $0.04 | $0.05 | $0.01 |
Dividend yield | 0.29% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| 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 |
| 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 |
| 2021 | $0.01 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 57.48%, occurring on Apr 19, 2024. The portfolio has not yet recovered.
The current Fidelity Electric Vehicles and Future Transportation ETF drawdown is 52.95%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -57.48% | Nov 9, 2021 | 614 | Apr 19, 2024 | — | — | — |
| -1.46% | Oct 22, 2021 | 1 | Oct 22, 2021 | 1 | Oct 25, 2021 | 2 |
| -1.12% | Oct 26, 2021 | 2 | Oct 27, 2021 | 1 | Oct 28, 2021 | 3 |
| -0.49% | Oct 8, 2021 | 2 | Oct 11, 2021 | 1 | Oct 12, 2021 | 3 |
| -0.48% | Nov 2, 2021 | 1 | Nov 2, 2021 | 1 | Nov 3, 2021 | 2 |
Volatility
Volatility Chart
The current Fidelity Electric Vehicles and Future Transportation ETF volatility is 8.02%, 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.