| 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 |