Fidelity Dividend ETF for Rising Rates (FDRR) Performance
FDRR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +14.7% since Dec 31, 2025
- 1 year
- +19.1% total return
- 5 years
- +12.6% a year
- 10 years
- +13.8% a year
- Since first price
- +13.6% a year since 2016
FDRR trailing returns vs SPY, QQQ, AGG
| Period | FDRR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.0% | +0.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +4.0% | +3.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +11.0% | +9.8% | +7.8% | +8.4% | −1.5% |
| YTD | +14.7% | +12.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +19.1% | +16.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +90.7%+24.0%/yr | +77.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +80.6%+12.6%/yr | +58.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +263.8%+13.8%/yr | +174.1% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionSep 15, 2016 | +261.7%+13.6%/yr | +172.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FDRR vs SPY
From Sep 15, 2016: FDRR grew to $36,175, SPY to $41,546.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FDRR returns by calendar year
7 of 9 full years positive. Best 2019 (+26.9%), worst 2022 (−9.7%). 2026 is year to date.
FDRR annual returns table
| Year | FDRR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +14.7% | −8.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +21.7% | −18.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +20.2% | −7.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +13.7% | −10.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −9.7% | −20.9% | −18.2% | −32.6% | −13.0% |
| 2021 | +26.1% | −4.3% | +28.7% | +27.4% | −1.8% |
| 2020 | +8.2% | −36.5% | +18.3% | +48.6% | +7.5% |
| 2019 | +26.9% | −8.0% | +31.2% | +39.0% | +8.5% |
| 2018 | −3.6% | −16.0% | −4.6% | −0.1% | +0.1% |
| 2017 | +19.3% | −2.1% | +21.7% | +32.7% | +3.6% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FDRR largest drawdowns
Now 1.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 12, 2020 | −36.5% | Mar 23, 2020 | Nov 24, 2020 | 40 days | 9 months |
| Jan 4, 2022 | −20.9% | Sep 30, 2022 | Dec 14, 2023 | 9 months | 1.9 years |
| Feb 19, 2025 | −18.0% | Apr 8, 2025 | Jun 26, 2025 | 48 days | 4 months |
| Sep 21, 2018 | −16.0% | Dec 24, 2018 | Apr 4, 2019 | 3 months | 6 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FDRR risk statistics
| Statistic | 3 years | 5 years | 10 years |
|---|---|---|---|
| Annualized return | +22.7% | +13.4% | +13.5% |
| Volatility (annualized) | 11.7% | 14.7% | 15.0% |
| Sharpe ratio | 1.45 | 0.69 | 0.77 |
| Sortino ratio | 2.81 | 1.11 | 1.17 |
| Best month | +8.0% | +10.4% | +12.4% |
| Worst month | −5.0% | −9.6% | −15.2% |
| Best 12 months | +35.6% | +35.6% | +56.2% |
| Worst 12 months | +10.2% | −11.9% | −13.2% |
| Positive months | 72% | 63% | 69% |
| Beta vs S&P 500 | 0.86 | 0.88 | 0.94 |
| Correlation with S&P 500 | 0.91 | 0.94 | 0.95 |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FDRR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 110 | −13.2% | +13.5% | +56.2% | 85% |
| 3-year (a year) | 86 | +1.6% | +11.5% | +24.0% | 100% |
| 5-year (a year) | 62 | +7.2% | +12.1% | +16.9% | 100% |
| 10-year (a year) | 2 | +13.5% | +13.6% | +13.8% | 100% |
Every holding period starting at a month-end since 2016. Returns for 3 years and longer are annualized.
FDRR performance overview
Fidelity Dividend ETF for Rising Rates (FDRR) returned +19.1% over the past year and +13.8% a year over ten years, with distributions reinvested. Since its first recorded price in 2016 it has returned +13.6% a year, turning $10,000 into about $36,175. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −36.5%, from Feb 12, 2020 to Mar 23, 2020, and it took 8 months to get back to the old high. FDRR finished 7 of its 9 full calendar years with a gain; the best year was 2019 (+26.9%) and the worst 2022 (−9.7%). Volatility has been 15.0% a year.
Related: FDRR chart, FDRR holdings, FDRR dividends, FDRR valuation. See the FDRR overview for the latest quote and fund facts.
FDRR performance FAQ
What is the FDRR return over the past year?
FDRR returned +19.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 16.5%.
What is the average annual return of FDRR?
FDRR has returned +12.6% a year over 5 years, +13.8% a year over 10 years, +13.6% a year since September 15, 2016 (total return, distributions reinvested).
How much would $10,000 invested in FDRR be worth?
$10,000 invested in FDRR at its first recorded close on September 15, 2016 would be worth about $36,175 on October 23, 2026 with distributions reinvested.
What was the worst year for FDRR?
The worst calendar year was 2022, with a total return of −9.7%. The best was 2019 at +26.9%.
What is the biggest drawdown of FDRR?
The largest peak-to-trough decline was −36.5% between February 12, 2020 and March 23, 2020. It recovered to the old high on November 24, 2020, 8 months after the bottom.
How volatile is FDRR?
Over the past 3 years FDRR had an annualized volatility of 11.7% and a Sharpe ratio of 1.45 (excess return over 1–3 month T-bills per unit of risk).