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Fidelity Dividend ETF for Rising Rates (FDRR)

53.08 +0.53 (+1.00%)
At close: November 21 at 3:42 PM EST

ETF Summary

The fund normally invests at least 80% of assets in securities included in the underlying index and in depository receipts representing securities included in the underlying index. The underlying index 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.

ETF Overview

Category Large Value
Fund Family Fidelity Investments
Net Assets 555.58M
YTD Daily Total Return 23.10%
Yield 2.23%
Legal Type Exchange Traded Fund

ETF Operations

Attributes FDRR Category Average
Annual Report Expense Ratio (net) 0.15% 0.89%
Holdings Turnover 32.00% 50.66%
Total Net Assets 247,482.75 247,482.75

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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