FDRR vs. VYM
Compare and contrast key facts about Fidelity Dividend ETF for Rising Rates (FDRR) and Vanguard High Dividend Yield ETF (VYM).
FDRR and VYM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDRR is a passively managed fund by Fidelity that tracks the performance of the Fidelity Dividend Index for Rising Rates. It was launched on Sep 12, 2016. VYM is a passively managed fund by Vanguard that tracks the performance of the FTSE High Dividend Yield Index. It was launched on Feb 7, 2019. Both FDRR and VYM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FDRR vs. VYM - Performance Comparison
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FDRR vs. VYM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDRR Fidelity Dividend ETF for Rising Rates | -3.06% | 21.70% | 20.24% | 13.66% | -9.73% | 26.06% | 8.23% | 26.86% | -3.60% | 19.29% |
VYM Vanguard High Dividend Yield ETF | 3.80% | 15.42% | 17.60% | 6.57% | -0.43% | 26.20% | 1.15% | 24.06% | -5.92% | 16.42% |
Returns By Period
In the year-to-date period, FDRR achieves a -3.06% return, which is significantly lower than VYM's 3.80% return.
FDRR
- 1D
- 2.44%
- 1M
- -4.38%
- YTD
- -3.06%
- 6M
- 1.46%
- 1Y
- 20.64%
- 3Y*
- 16.11%
- 5Y*
- 10.65%
- 10Y*
- —
VYM
- 1D
- 1.80%
- 1M
- -3.92%
- YTD
- 3.80%
- 6M
- 6.39%
- 1Y
- 17.76%
- 3Y*
- 15.21%
- 5Y*
- 11.04%
- 10Y*
- 11.24%
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FDRR vs. VYM - Expense Ratio Comparison
FDRR has a 0.29% expense ratio, which is higher than VYM's 0.04% expense ratio.
Return for Risk
FDRR vs. VYM — Risk / Return Rank
FDRR
VYM
FDRR vs. VYM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Dividend ETF for Rising Rates (FDRR) and Vanguard High Dividend Yield ETF (VYM). 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 | VYM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.20 | 1.18 | +0.02 |
Sortino ratioReturn per unit of downside risk | 1.79 | 1.69 | +0.11 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.26 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.70 | 1.68 | +0.01 |
Martin ratioReturn relative to average drawdown | 7.89 | 7.46 | +0.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FDRR | VYM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.20 | 1.18 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.79 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.69 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.49 | +0.25 |
Correlation
The correlation between FDRR and VYM is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FDRR vs. VYM - Dividend Comparison
FDRR's dividend yield for the trailing twelve months is around 2.38%, which matches VYM's 2.37% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDRR Fidelity Dividend ETF for Rising Rates | 2.38% | 2.21% | 2.61% | 2.93% | 2.75% | 2.09% | 2.85% | 2.89% | 3.20% | 2.89% | 0.61% | 0.00% |
VYM Vanguard High Dividend Yield ETF | 2.37% | 2.44% | 2.74% | 3.12% | 3.01% | 2.76% | 3.18% | 3.03% | 3.40% | 2.80% | 2.91% | 3.22% |
Drawdowns
FDRR vs. VYM - Drawdown Comparison
The maximum FDRR drawdown since its inception was -36.52%, smaller than the maximum VYM drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for FDRR and VYM.
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Drawdown Indicators
| FDRR | VYM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.52% | -56.98% | +20.46% |
Max Drawdown (1Y)Largest decline over 1 year | -12.55% | -11.32% | -1.23% |
Max Drawdown (5Y)Largest decline over 5 years | -20.92% | -15.84% | -5.08% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.21% | — |
Current DrawdownCurrent decline from peak | -6.20% | -4.81% | -1.39% |
Average DrawdownAverage peak-to-trough decline | -4.06% | -7.25% | +3.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.70% | 2.55% | +0.15% |
Volatility
FDRR vs. VYM - Volatility Comparison
Fidelity Dividend ETF for Rising Rates (FDRR) has a higher volatility of 4.74% compared to Vanguard High Dividend Yield ETF (VYM) at 3.74%. This indicates that FDRR's price experiences larger fluctuations and is considered to be riskier than VYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDRR | VYM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.74% | 3.74% | +1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 8.60% | 7.96% | +0.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.25% | 15.17% | +2.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.98% | 13.97% | +1.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.96% | 16.33% | +0.63% |