FDRR:ARCA-Fidelity Dividend ETF for Rising Rates

ETF | Large Value | NYSE Arca

Last Closing Price

USD 32.39

Change

-0.06 (-0.20)%

Market Cap

USD 0.36B

Volume

0.03M

Average Target Price

N/A
Average Analyst Rating

N/A

STA Verdict

Verdict

About

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Dividend Index for Rising Rates. 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.

Inception Date: 12/09/2016

Primary Benchmark: Fidelity Div for Rising Rates NR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.30 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-07-16 )

Largest Industry Peers for Large Value

Symbol Name Mer Price(Change) Market Cap
VTV Vanguard Value 0.04 %

-0.26 (-0.23%)

USD 49.53B
IWD iShares Russell 1000 Value 0.19 %

-0.32 (-0.25%)

USD 39.66B
VYM Vanguard High Dividend Yield 0.06 %

-0.29 (-0.33%)

USD 24.99B
DIA SPDR Dow Jones Industrial Aver.. 0.17 %

-0.18 (-0.07%)

USD 22.06B
SDY SPDR S&P Dividend 0.35 %

-0.05 (-0.05%)

USD 18.91B
IVE iShares S&P 500 Value 0.18 %

-0.30 (-0.25%)

USD 15.75B
SCHD Schwab US Dividend Equity 0.07 %

-0.03 (-0.06%)

USD 9.77B
DGRO iShares Core Dividend Growth 0.08 %

-0.06 (-0.15%)

USD 7.97B
HDV iShares Core High Dividend 0.08 %

-0.43 (-0.45%)

USD 7.37B
FVD First Trust VL Dividend 0.70 %

-0.04 (-0.12%)

USD 6.68B

ETFs Containing FDRR

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Large Value)
Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 12.95% 21% F 53% F
Dividend Return 2.20% 90% A- 57% F
Total Return 15.14% 28% F 53% F
Trailing 12 Months  
Capital Gain 4.36% 58% F 67% D+
Dividend Return 2.83% 71% C- 47% F
Total Return 7.19% 58% F 64% D
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 5.18% 45% F 70% C-
Dividend Return 7.11% 33% F 65% D
Total Return 1.92% 35% F 38% F
Risk Return Profile  
Volatility (Standard Deviation) 7.70% 75% C 76% C
Risk Adjusted Return 92.27% 58% F 84% B
Market Capitalization 0.02B 50% F 44% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.