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 %
|MSFT||Microsoft Corporation||4.79 %|
|AAPL||Apple Inc.||4.18 %|
|JNJ||Johnson & Johnson||2.62 %|
|JPM||JP Morgan Chase & Co.||2.25 %|
|MRK||Merck & Company Inc. (new)||2.14 %|
|PFE||Pfizer Inc.||2.13 %|
|BAC||Bank of America Corporation||1.81 %|
|CSCO||Cisco Systems Inc.||1.76 %|
|PG||Procter & Gamble Company (The)||1.65 %|
|XOM||Exxon Mobil Corporation||1.61 %|
|VTV||Vanguard Value||0.04 %||
|IWD||iShares Russell 1000 Value||0.19 %||
|VYM||Vanguard High Dividend Yield||0.06 %||
|DIA||SPDR Dow Jones Industrial Aver..||0.17 %||
|SDY||SPDR S&P Dividend||0.35 %||
|IVE||iShares S&P 500 Value||0.18 %||
|SCHD||Schwab US Dividend Equity||0.07 %||
|DGRO||iShares Core Dividend Growth||0.08 %||
|HDV||iShares Core High Dividend||0.08 %||
|FVD||First Trust VL Dividend||0.70 %||
|Market Performance vs.
Industry/Classification (Large Value)
|Market Performance vs. Exchange (NYSE Arca)|
|Value||Sector Median||Percentile Rank||Grade||Market Median||Percentile Rank||Grade|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||7.70%||75%||C||76%||C|
|Risk Adjusted Return||92.27%||58%||F||84%||B|
|Letter Grade||Percentage||Letter Grade||Percentage||Letter Grade||Percentage|
|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.
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.
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.
The company has under performed its peers on annual average total returns in the past 5 years.
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.