ATLASFidelity Dividend ETF for Rising Rates (FDRR): outlook, holdings and fees
Fidelity Dividend ETF for Rising Rates (FDRR) is an exchange-traded fund and is managed by Fidelity Investments. The expense ratio is 0.14% and the yield is 1.96%. The ten largest holdings are 45% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FDRR
| Last price | $68.42 (-1.2%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 57% |
| Likely 1-month range (50%) | $67.46 – $70.13 |
| Normal 1-day range (±1σ) | ±0.7% |
| Distribution yield | 1.96% · quarterly |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FDRR fund facts
| Issuer | Fidelity Investments |
|---|---|
| Theme | Dividend stocks |
| Assets under management | $768M |
| Expense ratio | 0.14% |
| Number of holdings | 49 |
| Portfolio turnover | 29% |
| Inception | Sep 12, 2016 |
| Exchange | NYSE |
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.
FDRR top holdings
| Holding | Sector | Weight |
|---|---|---|
| NVIDIA Corporation NVDA | Technology | 8.85% |
| Apple Inc. AAPL | Technology | 7.91% |
| Microsoft Corporation MSFT | Technology | 6.59% |
| Alphabet Inc Class A GOOGL | Communication Services | 4.76% |
| Dell Technologies Inc DELL | Technology | 4.63% |
| Broadcom Inc AVGO | Technology | 3.46% |
| Meta Platforms Inc. META | Communication Services | 2.34% |
| Eli Lilly and Company LLY | Healthcare | 2.08% |
| JPMorgan Chase & Co JPM | Financial Services | 1.98% |
| Cisco Systems Inc CSCO | Technology | 2.04% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FDRR sector breakdown
| Sector | Weight |
|---|---|
| Technology | 39.5% |
| Financial Services | 11.4% |
| Healthcare | 10.1% |
| Communication Services | 9.4% |
| Industrials | 8.4% |
| Consumer Cyclicals | 7.0% |
| Consumer Defensive | 4.5% |
| Energy | 3.6% |
| Real Estate | 2.5% |
| Basic Materials | 1.9% |
| Utilities | 1.9% |
By region: North America 94.6%, Europe Developed 3.9%, Japan 1.3%, Latin America 0.1%.
FDRR returns and risk
| Year to date | +16.9% |
|---|---|
| 1 year | +23.1% |
| 3 years (annualised) | +22.8% |
| 5 years (annualised) | +14.1% |
| 10 years (annualised) | +13.5% |
| Volatility (3 years) | 11.5% |
| Sharpe ratio (3 years) | 1.44 |
Past returns do not guarantee future results.
FDRR: frequently asked questions
What does FDRR invest in?
Fidelity Dividend ETF for Rising Rates invests in a portfolio of securities. Its largest holdings are NVIDIA Corporation (8.8%), Apple Inc. (7.9%), Microsoft Corporation (6.6%), Alphabet Inc Class A (4.8%), Dell Technologies Inc (4.6%).
What is the FDRR expense ratio?
0.14% a year: about $14.00 for every $10,000 invested.
What is the FDRR dividend yield?
1.96%, paid quarterly. ATLAS does not hold the exact distribution dates for ETFs.
Will FDRR go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 57%, with a likely range (50%) of $67.46 to $70.13 from $68.42 today. It is a probability, not a prediction.
How has FDRR performed?
Year to date +16.9%, one year +23.1%, three years +22.8% a year, five years +14.1% a year. Past returns do not guarantee future results.
Similar ETFs: Dividend stocks
- Vanguard Dividend Appreciation ETF (VIG)
- Vanguard High Dividend Yield ETF (VYM)
- iShares Core Dividend Growth ETF (DGRO)
- Capital Group Dividend Value ETF (CGDV)
- First Trust Rising Dividend Achievers ETF (RDVY)
- iShares Select Dividend ETF (DVY)
- State Street SPDR S&P Dividend ETF (SDY)
- iShares Core High Dividend ETF (HDV)
Educational information, not investment advice. Disclaimer