Fidelity Dividend ETF for Rising Rates (FDRR) is a international dividend ETF. As of October 9, 2026, ETF Copilot scores FDRR 6.6 out of 10 — highest on Quality (8.9), lowest on Value (1.6). It trades at 20.8 times earnings, against its own median of 18.2. Its ten largest holdings are 45% of the fund.
What stands out in FDRR's data
U.S. dividend stocks, selected for performance in rising-rate environments.
Trades at a richer price than most global dividend peers — more of each dollar goes to the purchase price.
Trailing EBITDA multiple of 16.5x lands in the priciest 10% of its category, well above the 8.6x median and its own 12.8x historical average.
A rate-sensitive income sleeve that targets dividend payers with less bond-like duration.
Why did FDRR move this week? It rose 1.1% in the week to October 9, 2026 — Microsoft and Dell Technologies drove it
FDRR rose 1.1% in the week to October 9, 2026. The holdings that moved it most were Microsoft (+3.4%), Dell Technologies (+4.2%) and Alphabet (+2.4%); Nvidia (−2.0%) pushed the other way.
How is FDRR rated? ETF Copilot scores Fidelity Dividend ETF for Rising Rates (FDRR) 6.6 out of 10
As of October 9, 2026, ETF Copilot scores Fidelity Dividend ETF for Rising Rates (FDRR) 6.6 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 6.6 / 10
- Growth: 6.1 / 10
- Value: 1.6 / 10
- Risk: 8.0 / 10
- Quality: 8.9 / 10
- Return: 7.9 / 10
Is FDRR expensive right now? It trades at 20.8 times earnings, against its own median of 18.2
As of October 9, 2026, FDRR is more expensive than 76% of its own 111 monthly readings since 2017 — 84 of those months were cheaper than today.
Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.
What's inside FDRR? 42% Tech
What's inside FDRR: Size (Large 89%, Mid 11%, Small 0%); Geography (International 7%, US 93%); Tech 42.3%; Magnificent 7 31.2%; AI 22.2%; Semiconductors 12.5%; Memory 11.3%.
What are FDRR's top holdings? The ten largest are 45% of the fund
Nvidia, Apple, Microsoft, Alphabet, Dell Technologies, Broadcom, Facebook, Eli Lilly, JPMorgan Chase and Cisco Systems are FDRR's largest holdings, in that order.
More concentrated than 88% of Dividend Global ex-US ETFs.
Half of FDRR's weight sits in its 14 largest positions, and once those weights are taken into account it behaves like 32 equally weighted holdings.
What is FDRR's expense ratio? 0.15% a year
As of October 9, 2026, FDRR charges 0.15% a year, yields 2.02% and holds $764M in assets across 112 positions.
| Measure | FDRR |
|---|---|
| Expense ratio | 0.15% |
| Dividend yield | 2.02% |
| Assets under management | $764M |
| Holdings | 112 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Fidelity Dividend ETF for Rising Rates (FDRR) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/fdrr
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