Fidelity Electric Vehicles and Future Transportation ETF (FDRV)
| Assets | $30.83M |
| Expense Ratio | 0.39% |
| PE Ratio | 15.39 |
| Shares Out | 2.25M |
| Dividend (ttm) | $0.05 |
| Dividend Yield | 0.34% |
| Ex-Dividend Date | Sep 20, 2024 |
| Payout Ratio | 5.08% |
| 1-Year Return | -13.53% |
| Volume | 6,633 |
| Open | 13.64 |
| Previous Close | 13.93 |
| Day's Range | 13.64 - 13.80 |
| 52-Week Low | 11.88 |
| 52-Week High | 17.46 |
| Beta | 1.41 |
| Holdings | 61 |
| Inception Date | Oct 5, 2021 |
About FDRV
Fund Home PageThe Fidelity Electric Vehicles and Future Transportation ETF (FDRV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market-cap-weighted index of companies that are involved in the production of electric and/or autonomous vehicles or other initiatives regarding the future of transportation. FDRV was launched on Oct 5, 2021 and is issued by Fidelity.
Top 10 Holdings
38.74% of assets| Name | Symbol | Weight |
|---|---|---|
| Tesla, Inc. | TSLA | 6.03% |
| Analog Devices, Inc. | ADI | 4.56% |
| Uber Technologies, Inc. | UBER | 4.56% |
| NXP Semiconductors N.V. | NXPI | 3.77% |
| Garmin Ltd. | GRMN | 3.77% |
| BYD Company Limited | BYDDF | 3.61% |
| Rivian Automotive, Inc. | RIVN | 3.19% |
| Infineon Technologies AG | IFX | 3.16% |
| ON Semiconductor Corporation | ON | 3.05% |
| Aptiv PLC | APTV | 3.04% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 20, 2024 | $0.001 | Sep 24, 2024 |
| Jun 21, 2024 | $0.045 | Jun 25, 2024 |
| Dec 15, 2023 | $0.011 | Dec 20, 2023 |
| Sep 15, 2023 | $0.013 | Sep 20, 2023 |
| Jun 16, 2023 | $0.017 | Jun 22, 2023 |
| Dec 16, 2022 | $0.021 | Dec 21, 2022 |
News
Future Mobility ETFs: Rerouting the Auto Industry
As an ex-future mobility research analyst, I spent a lot of time looking at financial statements and there was very little to see. New entrants in the space had no revenues (and if they had revenues t...
Thinking Hard About The China Overproduction Narrative
Concerns about “overcapacity” arise primarily for goods linked to high-wage jobs, not for low-wage industries like clothing or toys. China sees its success as a result of a system that blends state co...
Autonomous Taxis May Have The Most Impact On GDP Of Any Innovation In History
Autonomous vehicles could be one of the most productive innovations of all time, impacting global gross domestic product (GDP) by approximately 20% over the next decade. Weighing the potential positiv...
U.S. Electric Vehicle Market Set For Sustained Growth Despite Stricter Subsidy Rules
Despite tougher rules for tax credits, US electric vehicle sales (including plug-in hybrids) are expected to grow to 1.4mn in 2023, accounting for 10% of total light-duty vehicle sales. This puts the ...
Carmakers Are Chasing Miners
The mining sector has underinvested over the last few years due, in part, to COVID and an emphasis on capital discipline. The speed at which regulators and carmakers want to drive the transition to EV...
EV ETFs: Ford, Affordability, And Looking Forward
This note takes a brief look at Ford's data, examines EVs from a thematic ETF perspective, and looks deeper into profitability issues from an ex sell-side analyst perspective. U.S. battery electric ve...
How The EV Supply Chain Is Responding To The Inflation Reduction Act
The recently passed IRA and IIJA will direct billions of dollars toward EVs and EV infrastructure over the next decade. The IRA and IIJA are already combining to materially impact the capacity of dome...
Car Market Outlook 2023: Seeing Is Believing
We expect that global car sales will rise by approximately 4% in 2023 despite a downbeat outlook for the global economy. This is due to more consistent production volumes, the delayed demand backlog a...
The Electrifying EV-Charging Market
Some listed European EV-charging leaders reported 200% year-over-year sales growth in the first half of 2022. Not everyone has a driveway or dedicated parking space, and more than 40% of potential EV ...
Fuel For Thought: The Future Of EVs And Alternative Propulsion In The Commercial Vehicle Market
Aside from the supply shortage, one of the biggest buzzwords in the commercial vehicle industry over the past few years has revolved around electric vehicles (EVs). Alongside delivery vans and buses, ...
S&P Global Mobility Predicts Strong Monthly SAAR For October
On projected volume of approximately 1.139 million units, US auto sales in October will reach a seasonally adjusted annual rate (SAAR) of 14.7 million units, according to S&P Global Mobility estimates...
Supply Constraints, Lack Of Inventory Cap U.S. Light Vehicle Sales In September
The cumulative impacts of supply shocks on auto manufacturing in North America and globally continue to severely constrain sales by limiting the availability of new inventory to consumers. Despite the...
Final Trades: Integer, Electric Vehicles ETF, Marriott & more
The "Halftime Report" traders give their top picks to watch for the second half.
Fidelity® Grows Thematic Fund Lineup With Launch of Four New ETFs
BOSTON--(BUSINESS WIRE)--Fidelity Investments expands thematic fund lineup with the launch of four new thematic ETFs.