Fidelity Dividend ETF for Rising Rates (FDRR)

NYSEARCA: FDRR · Real-Time Price · USD
51.49
-0.60 (-1.16%)
Oct 31, 2024, 3:48 PM EDT - Market closed
-1.16%
Assets $564.40M
Expense Ratio 0.15%
PE Ratio 16.51
Shares Out 10.80M
Dividend (ttm) $1.15
Dividend Yield 2.22%
Ex-Dividend Date Sep 20, 2024
Payout Ratio 36.77%
1-Year Return +32.99%
Volume 24,400
Open 52.10
Previous Close 52.10
Day's Range 51.42 - 52.10
52-Week Low 39.44
52-Week High 53.14
Beta 0.97
Holdings 121
Inception Date Sep 12, 2016

About FDRR

Fund Home Page

The Fidelity Dividend ETF for Rising Rates (FDRR) is an exchange-traded fund that is based on the Fidelity Dividend for Rising Rates index. The fund tracks an index of large- and mid-cap companies in developed nations that exhibit strong dividend characteristics and have a positive correlation to increasing 10-year US Treasury yields. FDRR was launched on Sep 12, 2016 and is issued by Fidelity.

Asset Class Equity
Category Large Value
Region North America
Stock Exchange NYSEARCA
Ticker Symbol FDRR
ETF Provider Fidelity
Index Tracked Fidelity Dividend Index for Rising Rates

Top 10 Holdings

35.82% of assets
Name Symbol Weight
NVIDIA Corporation NVDA 8.45%
Apple Inc. AAPL 7.43%
Microsoft Corporation MSFT 6.89%
Broadcom Inc. AVGO 2.78%
Eli Lilly and Company LLY 2.27%
JPMorgan Chase & Co. JPM 1.93%
UnitedHealth Group Incorporated UNH 1.72%
Texas Instruments Incorporated TXN 1.53%
Visa Inc. V 1.42%
Cisco Systems, Inc. CSCO 1.41%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 20, 2024 $0.280 Sep 24, 2024
Jun 21, 2024 $0.302 Jun 25, 2024
Mar 15, 2024 $0.292 Mar 20, 2024
Dec 15, 2023 $0.274 Dec 20, 2023
Sep 15, 2023 $0.277 Sep 20, 2023
Jun 16, 2023 $0.366 Jun 22, 2023
Full Dividend History

News

FDRR Failed To Outperformed In Rising Rates

Fidelity Dividend ETF For Rising Rates (FDRR) focuses on dividend stocks with a positive correlation to 10-year U.S. Treasury yields. FDRR is heavy in technology, with a sector breakdown close to the ...

4 weeks ago - Seeking Alpha

FDRR: This Dividend Growth Strategy ETF Fails To Impress

Fidelity Dividend ETF for Rising Rates invests in large and mid-cap companies with a dividend growth profile and positively correlated to rising Treasury yields. A historical FDRR ETF underperformance...

4 months ago - Seeking Alpha

ETFs For Inflation: Is FCPI Better Than FDRR?

The Fidelity Stocks for Inflation ETF and Fidelity Dividend ETF For Rising Rates funds are designed for an inflationary environment. The former, FCPI, focuses on fundamentals and momentum, while the l...

5 months ago - Seeking Alpha

FDRR: Strategy Concerns As Interest Rates Decline

Fidelity Dividend ETF for Rising Rates invests in companies expected to perform well in a rising interest rate environment. The fund has underperformed historically raising questions about the effecti...

11 months ago - Seeking Alpha

FDRR: Attractive Value And Quality, Yet Lagging In Rising Rates

Fidelity® Dividend ETF for Rising Rates holds dividend stocks showing a positive correlation to 10-year U.S. Treasury yields. The portfolio has better value and quality metrics than the benchmark. The...

1 year ago - Seeking Alpha

FDRR: This Dividend Strategy Looks Good On Paper

FDRR is an investment vehicle mindful of macro, utilizing an equity strategy calibrated to benefit from tighter monetary policy in the U.S. Past performance revealed flaws in the strategy. A case for ...

1 year ago - Seeking Alpha

Dividend Investing: Broader Is Better For Multi-Asset Strategies

Investing in dividend-paying stocks has proved to be a helpful strategy, outperforming global markets over the long term. Dividend income strategies play an important role for multi-asset income portf...

1 year ago - Seeking Alpha

FDRR: 3% Dividend Yield, But Little Protection Against Rising Rates

FDRR tracks the Fidelity Dividend Index For Rising Rates, a potentially misleading title considering how poor it performed last year. My analysis traced the performance to FDRR's sector-neutral strate...

1 year ago - Seeking Alpha

FDRR: Designed For Inflation And Still Unconvincing

Fidelity Dividend ETF for Rising Rates ETF invests in dividend stocks that should profit from rising rates. It is better than the S&P 500 regarding valuation and quality metrics.

1 year ago - Seeking Alpha

FDRR: Complex Index Methodology And Poor Historical Performance

The Fidelity Dividend ETF for Rising Rates claims to select stocks that can provide protection during a rising rate environment. However, the selection criteria is based on historical correlations bet...

2 years ago - Seeking Alpha

FDRR: A Dividend ETF Built For Rising Rates, But Should You Buy?

FDRR holds dividend-paying North American stocks with a positive correlation to 10-Year U.S. Treasury Yields. Fund expenses are 0.29%, and the ETF has $586 million in AUM. FDRR has outperformed SPY by...

2 years ago - Seeking Alpha

FDRR: Not Appealing Right Now Despite Hawks Prevailing

FDRR tracks the Fidelity Dividend Index for Rising Rates, which is supposed to represent the performance of the developed-world large- and mid-cap companies, including the U.S. FDRR's portfolio has ch...

2 years ago - Seeking Alpha

FDRR: Dividends For Rising Rates

FDRR invests in dividend stocks with returns correlated to Treasury yields.

2 years ago - Seeking Alpha

December Dividend And Income ETF Report: The Ultimate Investors Guide

Each month, I give a broad overview of dividend and income-focused ETFs, selecting them from my growing database of about 750 funds. I've added a seventh category to this monthly series: risk manageme...

3 years ago - Seeking Alpha

Fidelity Dividend ETF For Rising Rates ETF: A Decent Option Under Existing Conditions

Recent surveys suggest that tightening will occur at a quicker pace.

3 years ago - Seeking Alpha

FDRR: Dividend Strategy Mindful Of The Macro

Overseeing around $475 million in AUM, FDRR is moderately priced, with its expense ratio of 0.29% being lower than the U.S. Equities asset class median of 0.38%. The fund offers a distribution yield m...

3 years ago - Seeking Alpha

FDRR: A Dividend ETF Designed For Inflation

FDRR strategy and performance. Comparing FDRR with a simple reference strategy.

3 years ago - Seeking Alpha