FDRR vs. ITOT

Last updated Jun 4, 2026

FDRR (Fidelity Dividend ETF for Rising Rates) and ITOT (iShares Core S&P Total U.S. Stock Market ETF) are both exchange-traded funds - FDRR is a Large Cap Growth Equities fund tracking the Fidelity Dividend Index for Rising Rates, while ITOT is a Large Cap Blend Equities fund tracking the S&P Total Market Index. Both are passively managed. Over the past 5 years, FDRR returned 12.34%/yr vs 12.69%/yr for ITOT. Their correlation of 0.93 suggests significant overlap in exposure. FDRR charges 0.29%/yr vs 0.03%/yr for ITOT.

Performance

FDRR vs. ITOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Dividend ETF for Rising Rates (FDRR) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDRR achieves a 10.01% return, which is significantly lower than ITOT's 11.25% return.

FDRR

• 1D: -0.99%
• 1M: 6.39%
• YTD: 10.01%
• 6M: 10.38%
• 1Y: 31.27%
• 3Y*: 21.03%
• 5Y*: 12.34%
• 10Y*: —

ITOT

• 1D: -0.73%
• 1M: 5.01%
• YTD: 11.25%
• 6M: 11.12%
• 1Y: 28.12%
• 3Y*: 22.09%
• 5Y*: 12.69%
• 10Y*: 15.01%

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

FDRR vs. ITOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDRR Fidelity Dividend ETF for Rising Rates	10.01%	21.70%	20.24%	13.66%	-9.73%	26.06%	8.23%	26.86%	-3.60%	19.29%
ITOT iShares Core S&P Total U.S. Stock Market ETF	11.25%	17.00%	23.80%	26.12%	-19.47%	25.68%	20.71%	30.67%	-5.33%	21.37%

Correlation

The correlation between FDRR and ITOT is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since Sep 16, 2016	0.93

The correlation between FDRR and ITOT has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.

FDRR vs. ITOT - Sectors Allocation Comparison

Sectors	FDRR	ITOT
Technology	34.5%	33.8%
Financial Services	12.0%	12.1%
Communication Services	10.7%	10.3%
Healthcare	9.4%	9.0%
Consumer Cyclical	8.7%	10.1%
Industrials	8.7%	9.5%
Consumer Defensive	4.8%	4.7%
Energy	3.6%	3.7%
Real Estate	2.9%	2.4%
Utilities	2.4%	2.3%
Basic Materials	2.2%	2.1%

Return for Risk

FDRR vs. ITOT — Risk / Return Rank

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

FDRR

FDRR Risk / Return Rank: 82
FDRR Sharpe Ratio Rank: 85
FDRR Sortino Ratio Rank: 86
FDRR Omega Ratio Rank: 84
FDRR Calmar Ratio Rank: 73
FDRR Martin Ratio Rank: 79

ITOT

ITOT Risk / Return Rank: 68
ITOT Sharpe Ratio Rank: 69
ITOT Sortino Ratio Rank: 68
ITOT Omega Ratio Rank: 67
ITOT Calmar Ratio Rank: 63
ITOT Martin Ratio Rank: 75

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.

FDRR vs. ITOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Dividend ETF for Rising Rates (FDRR) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). 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.

	FDRR	ITOT	Difference
Sharpe ratio: Return per unit of total volatility	2.85	2.32	+0.53
Sortino ratio: Return per unit of downside risk	3.96	3.17	+0.79
Omega ratio: Gain probability vs. loss probability	1.52	1.42	+0.10
Calmar ratio: Return relative to maximum drawdown	3.69	3.17	+0.51
Martin ratio: Return relative to average drawdown	15.70	14.57	+1.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDRR vs. ITOT - Sharpe Ratio Comparison

The current FDRR Sharpe Ratio is 2.85, which is comparable to the ITOT Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of FDRR and ITOT, 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

	FDRR	ITOT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.85	2.32	+0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.83	0.74	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.82	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	0.57	+0.24

Drawdowns

FDRR vs. ITOT - Drawdown Comparison

The maximum FDRR drawdown since its inception was -36.52%, smaller than the maximum ITOT drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for FDRR and ITOT.

Drawdown Indicators

	FDRR	ITOT	Difference
Max Drawdown Largest peak-to-trough decline	-36.52%	-55.20%	+18.68%
Max Drawdown (1Y) Largest decline over 1 year	-8.52%	-8.90%	+0.38%
Max Drawdown (3Y) Largest decline over 3 years	-18.04%	-19.44%	+1.40%
Max Drawdown (5Y) Largest decline over 5 years	-20.92%	-25.36%	+4.44%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	-1.15%	-0.73%	-0.42%
Average Drawdown Average peak-to-trough decline	-4.00%	-6.97%	+2.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	1.94%	+0.06%

Volatility

FDRR vs. ITOT - Volatility Comparison

Fidelity Dividend ETF for Rising Rates (FDRR) and iShares Core S&P Total U.S. Stock Market ETF (ITOT) have volatilities of 3.08% and 2.99%, 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

	FDRR	ITOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.08%	2.99%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	8.31%	9.13%	-0.82%
Volatility (1Y) Calculated over the trailing 1-year period	11.04%	12.20%	-1.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.00%	17.36%	-2.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.88%	18.26%	-1.38%

FDRR vs. ITOT - Expense Ratio Comparison

FDRR has a 0.29% expense ratio, which is higher than ITOT's 0.03% expense ratio.

Dividends

FDRR vs. ITOT - Dividend Comparison

FDRR's dividend yield for the trailing twelve months is around 2.10%, more than ITOT's 0.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDRR Fidelity Dividend ETF for Rising Rates	2.10%	2.21%	2.61%	2.93%	2.75%	2.09%	2.85%	2.89%	3.20%	2.89%	0.61%	0.00%
ITOT iShares Core S&P Total U.S. Stock Market ETF	0.98%	1.11%	1.23%	1.47%	1.66%	1.18%	1.41%	1.88%	2.14%	1.69%	1.83%	2.01%

Frequently Asked Questions

Can I hold both FDRR and ITOT in my portfolio?

With a correlation of 0.90, FDRR and ITOT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FDRR or ITOT?

FDRR has higher volatility (3.08%) compared to ITOT (2.99%). In terms of maximum drawdown, FDRR dropped -36.52% vs ITOT's -55.20%.

Which ETF is better, FDRR or ITOT?

On 5-year performance, ITOT leads with 12.69% vs 12.34% for FDRR. On fees, ITOT is cheaper at 0.03% 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, FDRR or ITOT?

Over the 5-year period, ITOT has performed better with a 12.69% return vs 12.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDRR or ITOT?

ITOT is cheaper with a 0.03% expense ratio, compared with 0.29% for FDRR.

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

FDRR has the higher dividend yield at 2.10%, compared with 0.98% for ITOT.

What is the main difference between FDRR and ITOT?

FDRR is categorized as Large Cap Growth Equities, while ITOT is Large Cap Blend Equities. FDRR tracks Fidelity Dividend Index for Rising Rates, while ITOT tracks S&P Total Market Index. They also come from different issuers: Fidelity and iShares. Their fees differ too: 0.29% for FDRR and 0.03% for ITOT.

Which has better risk-adjusted returns?

FDRR currently has the higher Sharpe Ratio (2.85 vs 2.32), 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.