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.
Frequently asked questions
What is the Fidelity® Dividend ETF for Rising Rates (FDRR) expense ratio?
The Fidelity® Dividend ETF for Rising Rates funds expense ratio is 0.15%.
What is Fidelity® Dividend ETF for Rising Rates (FDRR) current stock price?
As of the latest data, Fidelity® Dividend ETF for Rising Rates stock price is $69.08, with a previous close of $68.82. Fidelity® Dividend ETF for Rising Rates gained $0.26 in the last trading session, representing a 0.38% increase.
Does Fidelity® Dividend ETF for Rising Rates (FDRR) pay dividends?
Yes. Fidelity® Dividend ETF for Rising Rates pays quarterly dividends with an annualized yield of 2.02% and an estimated annual payout of $1.40 per share.