Key stats
About Fidelity Dividend ETF for Rising Rates
Home page
Inception date
Sep 12, 2016
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Corp.
ISIN
US3160928327
FDRR invests in US and developed international equities that exhibit strong dividend characteristics and a positive correlation to increasing 10-year US Treasury yields. The selection universe begins with 1,000 of the largest US stocks and the largest 1,000 developed-market international stocks by market capitalization. These stocks are scored and selected according to their dividend yield, dividend payout ratio, dividend growth, and their correlation to increasing 10-year US Treasury yields. Each sector maintains its weight relative to the broader equity market, and each stock within each sector receives a modified market capitalization weight plus an equal overweight adjustment within each sector. This avoids concentration to the large-cap constituents. FDRR invests mostly in US stocks, with a 10% maximum on international stocks, as well as a 35% cap on any individual sector. The index is rebalanced annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Finance
Technology Services
Stocks99.59%
Electronic Technology26.60%
Finance16.93%
Technology Services16.83%
Health Technology7.13%
Consumer Non-Durables5.62%
Consumer Durables4.81%
Retail Trade4.69%
Consumer Services3.30%
Energy Minerals2.74%
Producer Manufacturing2.20%
Utilities2.18%
Transportation1.67%
Process Industries1.67%
Communications1.08%
Health Services0.86%
Commercial Services0.78%
Miscellaneous0.18%
Non-Energy Minerals0.18%
Bonds, Cash & Other0.41%
Mutual fund0.50%
Rights & Warrants0.03%
Government0.02%
Futures0.01%
Cash−0.15%
Stock breakdown by region
North America93.30%
Europe4.60%
Asia1.92%
Oceania0.18%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FDRR invests in stocks. The fund's major sectors are Electronic Technology, with 26.64% stocks, and Finance, with 16.96% of the basket. The assets are mostly located in the North America region.
FDRR top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 8.01% and 7.18% of the portfolio correspondingly.
FDRR last dividends amounted to 0.40 USD. The quarter before, the issuer paid 0.30 USD in dividends, which shows a 25.44% increase.
FDRR assets under management is 606.41 M USD. It's risen 3.41% over the last month.
FDRR fund flows account for −19.02 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FDRR pays dividends to its holders with the dividend yield of 2.52%. The last dividend (Jun 24, 2025) amounted to 0.40 USD. The dividends are paid quarterly.
FDRR shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Sep 12, 2016, and its management style is Passive.
FDRR expense ratio is 0.16% meaning you'd have to pay 0.16% of your investment to help manage the fund.
FDRR follows the Fidelity Dividend Index for Rising Rates. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FDRR invests in stocks.
FDRR price has risen by 3.39% over the last month, and its yearly performance shows a 14.56% increase. See more dynamics on FDRR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.57% over the last month, showed a 9.96% increase in three-month performance and has increased by 17.84% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.57% over the last month, showed a 9.96% increase in three-month performance and has increased by 17.84% in a year.
FDRR trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.