FDIV vs. FDRR

Last updated Jun 3, 2026

FDIV (MarketDesk Focused U.S. Dividend ETF) and FDRR (Fidelity Dividend ETF for Rising Rates) are both exchange-traded funds - FDIV is a Dividend fund actively managed by MarketDesk, while FDRR is a Large Cap Growth Equities fund tracking the Fidelity Dividend Index for Rising Rates. FDIV is actively managed, while FDRR is passively managed. Over the past 5 years, FDIV returned -8.49%/yr vs 12.69%/yr for FDRR. A 0.59 correlation means they provide meaningful diversification when combined. FDIV charges 0.35%/yr vs 0.29%/yr for FDRR.

Performance

FDIV vs. FDRR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MarketDesk Focused U.S. Dividend ETF (FDIV) and Fidelity Dividend ETF for Rising Rates (FDRR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDIV achieves a 1.58% return, which is significantly lower than FDRR's 11.11% return.

FDIV

• 1D: 0.34%
• 1M: -1.34%
• YTD: 1.58%
• 6M: 3.48%
• 1Y: 9.68%
• 3Y*: -11.85%
• 5Y*: -8.49%
• 10Y*: -2.05%

FDRR

• 1D: -0.16%
• 1M: 6.28%
• YTD: 11.11%
• 6M: 12.00%
• 1Y: 33.74%
• 3Y*: 21.44%
• 5Y*: 12.69%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FDIV vs. FDRR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDIV MarketDesk Focused U.S. Dividend ETF	1.58%	2.95%	-37.35%	6.78%	-9.97%	10.20%	-2.84%	15.78%	-5.04%	6.19%
FDRR Fidelity Dividend ETF for Rising Rates	11.11%	21.70%	20.24%	13.66%	-9.73%	26.06%	8.23%	26.86%	-3.60%	19.29%

Correlation

The correlation between FDIV and FDRR is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Sep 16, 2016	0.59

The correlation between FDIV and FDRR has been stable across timeframes, ranging from 0.55 to 0.60 - a consistent structural relationship.

FDIV vs. FDRR - Sectors Allocation Comparison

Sectors	FDIV	FDRR
Industrials	24.9%	8.7%
Financial Services	20.0%	12.0%
Healthcare	16.2%	9.4%
Consumer Cyclical	11.0%	8.7%
Consumer Defensive	9.0%	4.8%
Technology	8.9%	34.5%
Utilities	4.2%	2.4%
Basic Materials	4.0%	2.2%
Energy	3.0%	3.6%
Communication Services	3.0%	10.7%
Real Estate	-	2.9%

Return for Risk

FDIV vs. FDRR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDIV

FDIV Risk / Return Rank: 23
FDIV Sharpe Ratio Rank: 23
FDIV Sortino Ratio Rank: 23
FDIV Omega Ratio Rank: 22
FDIV Calmar Ratio Rank: 24
FDIV Martin Ratio Rank: 23

FDRR

FDRR Risk / Return Rank: 86
FDRR Sharpe Ratio Rank: 89
FDRR Sortino Ratio Rank: 90
FDRR Omega Ratio Rank: 89
FDRR Calmar Ratio Rank: 77
FDRR Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDIV vs. FDRR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MarketDesk Focused U.S. Dividend ETF (FDIV) and Fidelity Dividend ETF for Rising Rates (FDRR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	FDIV	FDRR	Difference
Sharpe ratio Return per unit of total volatility	0.76	3.09	-2.32
Sortino ratio Return per unit of downside risk	1.26	4.27	-3.01
Omega ratio Gain probability vs. loss probability	1.14	1.57	-0.43
Calmar ratio Return relative to maximum drawdown	1.17	4.00	-2.83
Martin ratio Return relative to average drawdown	3.12	17.06	-13.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDIV vs. FDRR - Sharpe Ratio Comparison

The current FDIV Sharpe Ratio is 0.76, which is lower than the FDRR Sharpe Ratio of 3.09. The chart below compares the historical Sharpe Ratios of FDIV and FDRR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FDIV	FDRR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.76	3.09	-2.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.41	0.85	-1.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.12	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	0.82	-0.89

Drawdowns

FDIV vs. FDRR - Drawdown Comparison

The maximum FDIV drawdown since its inception was -47.90%, which is greater than FDRR's maximum drawdown of -36.52%. Use the drawdown chart below to compare losses from any high point for FDIV and FDRR.

Drawdown Indicators

	FDIV	FDRR	Difference
Max Drawdown Largest peak-to-trough decline	-47.90%	-36.52%	-11.38%
Max Drawdown (1Y) Largest decline over 1 year	-8.01%	-8.52%	+0.51%
Max Drawdown (3Y) Largest decline over 3 years	-45.64%	-18.04%	-27.60%
Max Drawdown (5Y) Largest decline over 5 years	-47.90%	-20.92%	-26.98%
Max Drawdown (10Y) Largest decline over 10 years	-47.90%	—	—
Current Drawdown Current decline from peak	-37.52%	-0.16%	-37.36%
Average Drawdown Average peak-to-trough decline	-11.14%	-4.01%	-7.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	1.99%	+1.00%

Volatility

FDIV vs. FDRR - Volatility Comparison

MarketDesk Focused U.S. Dividend ETF (FDIV) and Fidelity Dividend ETF for Rising Rates (FDRR) have volatilities of 3.17% and 3.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDIV	FDRR	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.17%	3.13%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	8.53%	8.24%	+0.29%
Volatility (1Y) Calculated over the trailing 1-year period	12.75%	10.98%	+1.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.80%	14.99%	+5.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.54%	16.88%	+0.66%

FDIV vs. FDRR - Expense Ratio Comparison

FDIV has a 0.35% expense ratio, which is higher than FDRR's 0.29% expense ratio.

Dividends

FDIV vs. FDRR - Dividend Comparison

FDIV's dividend yield for the trailing twelve months is around 2.86%, more than FDRR's 2.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDIV MarketDesk Focused U.S. Dividend ETF	2.86%	2.95%	4.12%	4.63%	3.81%	3.79%	4.17%	3.93%	5.13%	3.81%	3.84%	4.13%
FDRR Fidelity Dividend ETF for Rising Rates	2.07%	2.21%	2.61%	2.93%	2.75%	2.09%	2.85%	2.89%	3.20%	2.89%	0.61%	0.00%

Frequently Asked Questions

Can I hold both FDIV and FDRR in my portfolio?

FDIV and FDRR have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDIV or FDRR?

FDIV has higher volatility (3.17%) compared to FDRR (3.13%). In terms of maximum drawdown, FDIV dropped -47.90% vs FDRR's -36.52%.

Which ETF is better, FDIV or FDRR?

On 5-year performance, FDRR leads with 12.69% vs -8.49% for FDIV. On fees, FDRR is cheaper at 0.29% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDIV or FDRR?

Over the 5-year period, FDRR has performed better with a 12.69% return vs -8.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDIV or FDRR?

FDRR is cheaper with a 0.29% expense ratio, compared with 0.35% for FDIV.

Which ETF pays a higher dividend yield, FDIV or FDRR?

FDIV has the higher dividend yield at 2.86%, compared with 2.07% for FDRR.

What is the main difference between FDIV and FDRR?

FDIV is categorized as Dividend, while FDRR is Large Cap Growth Equities. They also come from different issuers: MarketDesk and Fidelity. Their fees differ too: 0.35% for FDIV and 0.29% for FDRR.

Which has better risk-adjusted returns?

FDRR currently has the higher Sharpe Ratio (3.09 vs 0.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.