FDRR
Fidelity Dividend ETF for Rising Rates
📎 Investment Objective
The Fidelity Dividend ETF for Rising Rates (FDRR) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Dividend Index for Rising Rates.
Overview
ETF tracking Fidelity Dividend ETF for Rising Rates
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Fidelity Dividend ETF for Rising Rates (FDRR) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Dividend Index for Rising Rates.
🎯 Investment Strategy
The ETF invests in a diversified portfolio of dividend-paying U.S. stocks that are expected to benefit from rising interest rates. The fund's holdings are selected and weighted based on their potential to outperform the broader market during periods of rising rates.
✨ Key Features
- Focuses on dividend-paying stocks that may perform well in a rising rate environment
- Utilizes a rules-based index methodology to identify and weight suitable holdings
- Aims to provide exposure to the U.S. equity market with an emphasis on dividend income
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the fund's holdings may decline due to general market conditions
- Dividend risk: Companies may reduce or eliminate dividend payments, impacting the fund's income
- Interest rate risk: The fund's performance may be negatively affected by rising interest rates
- Concentration risk: The fund's focus on a specific sector or investment theme may increase volatility
👤 Best For
The Fidelity Dividend ETF for Rising Rates may be suitable for investors seeking exposure to U.S. equities with a focus on dividend income and the potential to outperform during periods of rising interest rates. This ETF may be appropriate as a core or satellite holding in a diversified portfolio.