Fidelity Dividend Etf Profile
| FDRR Etf | USD 53.29 0.21 0.40% |
Performance9 of 100
| Odds Of DistressLess than 9
|
Fidelity Dividend is selling at 53.29 as of the 22nd of November 2024; that is 0.40 percent up since the beginning of the trading day. The etf's lowest day price was 53.09. Fidelity Dividend has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Note, on June 2, 2024, Senator Thomas R Carper of US Senate acquired under $15k worth of Fidelity Dividend ETF's common stock.
The fund normally invests at least 80 percent of assets in securities included in the underlying index and in depository receipts representing securities included in the underlying index. Fidelity Dividend is traded on NYSEARCA Exchange in the United States. More on Fidelity Dividend ETF
Moving together with Fidelity Etf
| 0.95 | VTV | Vanguard Value Index | PairCorr |
| 0.97 | VYM | Vanguard High Dividend | PairCorr |
| 0.96 | IWD | iShares Russell 1000 | PairCorr |
| 0.96 | DGRO | iShares Core Dividend | PairCorr |
| 0.94 | IVE | iShares SP 500 | PairCorr |
| 0.87 | DVY | iShares Select Dividend | PairCorr |
Moving against Fidelity Etf
Fidelity Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | High Dividend Yield ETFs, Strategy ETFs, Large Value, Fidelity Investments (View all Sectors) |
| Issuer | Fidelity |
| Inception Date | 2016-09-15 |
| Benchmark | Fidelity Dividend Index for Rising Rates |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 570.69 Million |
| Average Trading Valume | 18,721.7 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | High Dividend Yield |
| Market Concentration | Developed Markets |
| Region | Global |
| Administrator | Fidelity Service Company, Inc. |
| Advisor | FMR Co., Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Fidelity Distributors Corporation |
| Portfolio Manager | Deane Gyllenhaal, Patrick Waddell, Louis Bottari, Peter Matthew, Robert Regan, Thomas Brussard Jr |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 131 |
| Market Maker | Virtu Financial |
| Total Expense | 0.15 |
| Management Fee | 0.15 |
| Country Name | USA |
| Returns Y T D | 21.88 |
| Name | Fidelity Dividend ETF for Rising Rates |
| Currency Code | USD |
| Open Figi | BBG00DR7RKW7 |
| In Threey Volatility | 16.13 |
| 1y Volatility | 10.58 |
| 200 Day M A | 48.4315 |
| 50 Day M A | 51.8842 |
| Code | FDRR |
| Updated At | 22nd of November 2024 |
| Currency Name | US Dollar |
Fidelity Dividend ETF [FDRR] is traded in USA and was established 2016-09-12. The fund is listed under Large Value category and is part of Fidelity Investments family. The entity is thematically classified as High Dividend Yield ETFs. Fidelity Dividend ETF currently have 518.13 M in assets under management (AUM). , while the total return for the last 3 years was 9.2%.
Check Fidelity Dividend Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity Dividend ETF Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Fidelity Dividend ETF Currency Exposure
Fidelity Dividend ETF holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Fidelity Dividend will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Fidelity Dividend ETF.
Top Fidelity Dividend ETF Etf Constituents
| BA | The Boeing | Stock | Industrials | |
| ABBV | AbbVie Inc | Stock | Health Care | |
| WFC | Wells Fargo | Stock | Financials | |
| V | Visa Class A | Stock | Financials | |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care | |
| QCOM | Qualcomm Incorporated | Stock | Information Technology | |
| PG | Procter Gamble | Stock | Consumer Staples | |
| PFE | Pfizer Inc | Stock | Health Care |
Fidelity Dividend ETF Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity Dividend. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0933 | |||
| Jensen Alpha | 5.0E-4 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.03) |
Fidelity Dividend Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Dividend ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of Fidelity Dividend ETF is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity Dividend's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Dividend's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity Dividend's market value can be influenced by many factors that don't directly affect Fidelity Dividend's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity Dividend's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Dividend is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Dividend's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.