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Fidelity U.S. Dividend for Rising Rates ETF Fund Series B

U.S. Div & Inc Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeA Click for more information on Fundata’s ESG Grade

Fundata ESG Grade A

Click for more information on Fundata’s ESG Grade.

NAVPS
(07-11-2024)
$15.23
Change
-$0.04 (-0.28%)

As at June 30, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

Fidelity U.S. Dividend for Rising Rates ETF Fund Series B

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Fund Returns

Inception Return (September 18, 2018): 9.44%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 2.85% 3.54% 14.87% 14.87% 21.48% 18.36% 10.13% 13.99% 11.05% - - - - -
Benchmark 3.97% 5.34% 19.31% 19.31% 28.76% 25.79% 13.71% 17.14% 16.08% 15.00% 15.15% 15.56% 14.64% 15.71%
Category Average 1.69% - - - - - - - - - - - - -
Category Rank 89 / 231 79 / 231 59 / 230 59 / 230 69 / 229 56 / 219 78 / 215 78 / 213 61 / 208 - - - - -
Quartile Ranking 2 2 2 2 2 2 2 2 2 - - - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 2.49% 0.64% -4.59% -0.78% 5.85% 2.32% 2.95% 4.03% 3.59% -2.68% 3.44% 2.85%
Benchmark 2.72% 1.05% -4.85% 0.44% 6.86% 1.80% 3.00% 6.70% 3.07% -2.70% 4.13% 3.97%

Best Monthly Return Since Inception

10.32% (April 2020)

Worst Monthly Return Since Inception

-12.65% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - 18.88% 1.89% 24.97% -5.98% 11.62%
Benchmark 24.19% 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32%
Category Average - - - - - - - - - -
Quartile Ranking - - - - - 3 3 2 4 1
Category Rank - - - - - 113/ 197 135/ 213 71/ 215 165/ 218 50/ 219

Best Calendar Return (Last 10 years)

24.97% (2021)

Worst Calendar Return (Last 10 years)

-5.98% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 95.61
International Equity 4.19
Cash and Equivalents 0.23
Other -0.03

Sector Allocation

Sector Allocation
Name Percent
Technology 28.02
Financial Services 13.78
Healthcare 12.07
Consumer Services 10.59
Consumer Goods 7.73
Other 27.81

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.84
Europe 4.19
Other -0.03

Top Holdings

Top Holdings
Name Percent
Microsoft Corp -
Apple Inc -
NVIDIA Corp -
JPMorgan Chase & Co -
Eli Lilly and Co -
Home Depot Inc -
Exxon Mobil Corp -
Visa Inc Cl A -
Mastercard Inc Cl A -
Broadcom Inc -

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Fidelity U.S. Dividend for Rising Rates ETF Fund Series B

Median

Other - U.S. Div & Inc Equity

3 Yr Annualized

Standard Deviation 12.51% 13.92% -
Beta 0.81% 0.92% -
Alpha -0.01% -0.03% -
Rsquared 0.89% 0.88% -
Sharpe 0.59% 0.68% -
Sortino 0.95% 0.90% -
Treynor 0.09% 0.10% -
Tax Efficiency 89.84% - -
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 -

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 10.40% 12.51% 13.92% -
Beta 0.85% 0.81% 0.92% -
Alpha -0.02% -0.01% -0.03% -
Rsquared 0.94% 0.89% 0.88% -
Sharpe 1.47% 0.59% 0.68% -
Sortino 2.98% 0.95% 0.90% -
Treynor 0.18% 0.09% 0.10% -
Tax Efficiency 97.88% 89.84% - -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date September 18, 2018
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $8

Fund Codes

FundServ Code Load Code Sales Status
FID4097

Investment Objectives

The Fund seeks a similar return to its underlying fund, which is also managed by Fidelity, by investing substantially all of its assets in securities of that underlying fund. The underlying fund seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada U.S. Dividend for Rising Rates Index.

Investment Strategy

The strategies described below relate to the Fund and the underlying fund, Fidelity U.S. Dividend for Rising Rates Index ETF. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Normally invests its assets in the securities that make up the Fidelity Canada U.S. Dividend for Rising Rates Index (the “Index”).

Portfolio Manager(s)

Name Start Date
Fidelity Investments Canada ULC 08-05-2021
Geode Capital Management, LLC 02-06-2023

Management and Organization

Fund Manager Fidelity Investments Canada ULC
Advisor Fidelity Investments Canada ULC
Custodian State Street Trust Company Canada
Registrar Fidelity Investments Canada ULC
Distributor -
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 1.67%
Management Fee 1.35%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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