Fidelity Dividend ETF for Rising Rates (FDRR)
| Assets | $550.80M |
| Expense Ratio | 0.15% |
| PE Ratio | 20.27 |
| Shares Out | 10.70M |
| Dividend (ttm) | $1.34 |
| Dividend Yield | 2.61% |
| Ex-Dividend Date | Dec 20, 2024 |
| Payout Ratio | 45.24% |
| 1-Year Return | +17.32% |
| Volume | 24,591 |
| Open | 50.66 |
| Previous Close | 50.85 |
| Day's Range | 50.66 - 51.79 |
| 52-Week Low | 43.17 |
| 52-Week High | 53.92 |
| Beta | 0.96 |
| Holdings | 123 |
| Inception Date | Sep 12, 2016 |
About FDRR
Fund Home PageThe 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.
Top 10 Holdings
36.78% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 8.11% |
| NVIDIA Corporation | NVDA | 7.98% |
| Microsoft Corporation | MSFT | 7.12% |
| Broadcom Inc. | AVGO | 3.46% |
| JPMorgan Chase & Co. | JPM | 2.06% |
| Eli Lilly and Company | LLY | 1.94% |
| Visa Inc. | V | 1.62% |
| UnitedHealth Group Incorporated | UNH | 1.53% |
| Cisco Systems, Inc. | CSCO | 1.49% |
| International Business Machines Corporation | IBM | 1.48% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.467 | n/a |
| 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 |
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 ...
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...
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...
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...
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...
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 ...
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...
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...
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.
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...
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...
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...
FDRR: Dividends For Rising Rates
FDRR invests in dividend stocks with returns correlated to Treasury yields.
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...
Fidelity Dividend ETF For Rising Rates ETF: A Decent Option Under Existing Conditions
Recent surveys suggest that tightening will occur at a quicker pace.
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...
FDRR: A Dividend ETF Designed For Inflation
FDRR strategy and performance. Comparing FDRR with a simple reference strategy.