FDRR

Fund Description
The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Dividend Index for Rising Rates. Normally investing at least 80% of assets in securities included in the Fidelity Dividend Index for Rising Rates and in depository receipts representing securities included in the index. The Fidelity Dividend Index for Rising Rates is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies that are expected to continue to pay and grow their dividends and have a positive correlation of returns to increasing 10-year U.S. Treasury yields.
Fund Profile
Fund Name Fidelity Dividend ETF for Rising Rates
Fund Exchange Ticker FDRR
Fund Sponsor Fidelity
Fund ISIN US3160928327
Net Expense Ratio 0.29 %
Fund Inception Date 12 September 2016
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Dividend & Fundamental
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Fidelity Dividend Index for Rising Rates
Index Provider Fidelity
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large & Mid Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 8 December 2022
Asset Under Management 582.81 Million (USD)
1 Month Total Return 6.07 %
Year To Date Return -9.28 %
1 Year Total Return -7.62 %
3 Year Annualized Total Return 7.83 %
NAV 40.8991
Share Outstanding 14,250,000
Top 10 Holdings (7 December 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
APPLE INC AAPL EQUI 0.0660765797
MICROSOFT CORP MSFT EQUI 0.0566852990
SECURITIES LENDING CF CF.CCCF OTHR 0.0314416366
JOHNSON & JOHNSON JNJ EQUI 0.0247423643
MERCK & CO. INC. MRK EQUI 0.0244345104
ABBVIE INC ABBV EQUI 0.0221039261
BRISTOL-MYERS SQUIBB CO BMY EQUI 0.0200296198
AMGEN INC AMGN EQUI 0.0199516794
GILEAD SCIENCES INC GILD EQUI 0.0194684813
VISA INC CL A V EQUI 0.0193018304