FDRR vs. PY ETF Comparison

Comparison of Fidelity Dividend ETF for Rising Rates (FDRR) to Principal Shareholder Yield Index ETF (PY)

FDRR

Fidelity Dividend ETF for Rising Rates

FDRR Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Dividend Index for Rising Rates. Normally investing at least 80% of assets in securities included in the Fidelity Dividend Index for Rising Rates and in depository receipts representing securities included in the index. The Fidelity Dividend Index for Rising Rates 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.

Grade (RS Rating)

Last Trade

$51.43

Average Daily Volume

22,627

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

PY

Principal Shareholder Yield Index ETF

PY Description

The Principal Shareholder Yield Index ETF tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers.

Grade (RS Rating)

Last Trade

$49.52

Average Daily Volume

3,984

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

Performance

Period	FDRR	PY
30 Days	-0.04%	1.91%
60 Days	2.39%	3.09%
90 Days	3.80%	6.61%
12 Months	24.81%	23.18%

30 Overlapping Holdings

Symbol	Grade	Weight in FDRR	Weight in PY	Overlap
AAPL	D	7.33%	4.42%	4.42%
AVGO	C	2.7%	2.76%	2.7%
BAC	D	1.2%	1.34%	1.2%
BBY	B	0.77%	0.76%	0.76%
BMY	C	0.91%	0.7%	0.7%
CAT	C	0.88%	1.11%	0.88%
CMCSA	D	0.7%	0.88%	0.7%
CVS	D	0.7%	0.62%	0.62%
CVX	D	0.65%	1.08%	0.65%
DVN	F	0.22%	0.52%	0.22%
FOXA	B	0.61%	0.68%	0.61%
HD	B	1.32%	1.55%	1.32%
HPQ	D	1.12%	0.65%	0.65%
LIN	B	0.58%	1.24%	0.58%
LMT	C	0.88%	1.02%	0.88%
LOW	B	0.93%	1.01%	0.93%
MO	C	0.66%	0.93%	0.66%
MOS	F	0.13%	0.37%	0.13%
MSFT	C	7.11%	3.94%	3.94%
PCAR	D	0.55%	0.77%	0.55%
PFE	C	1.08%	0.86%	0.86%
PLD	C	0.41%	0.9%	0.41%
PNC	B	0.86%	0.96%	0.86%
SPG	B	0.32%	0.93%	0.32%
TFC	D	0.79%	0.9%	0.79%
TXN	C	1.5%	1.11%	1.11%
UNP	B	0.77%	0.99%	0.77%
UPS	D	0.61%	0.65%	0.61%
VICI	C	0.27%	0.72%	0.27%
XOM	D	1.05%	1.76%	1.05%

FDRR Overweight 71 Positions Relative to PY

Symbol	Grade	Weight
NVDA	D	7.38%
LLY	C	2.4%
UNH	C	1.88%
JPM	D	1.83%
V	B	1.5%
JNJ	B	1.5%
ABBV	C	1.48%
IBM	B	1.44%
CSCO	B	1.3%
DELL	D	1.29%
MRK	D	1.21%
PG	C	1.2%
GS	D	1.04%
GE	B	1.01%
WFC	D	1.01%
KO	B	0.98%
MCD	C	0.97%
TJX	C	0.95%
RTX	C	0.95%
BX	B	0.93%
MS	D	0.91%
PM	C	0.88%
PEP	C	0.86%
T	B	0.86%
VZ	B	0.85%
C	D	0.83%
SBUX	C	0.8%
USB	B	0.79%
CME	C	0.78%
GM	B	0.78%
HON	D	0.76%
DE	B	0.69%
TKO	B	0.65%
MAR	C	0.64%
NKE	D	0.62%
EA	D	0.57%
F	D	0.57%
OMC	A	0.56%
NEE	B	0.55%
NYT	C	0.53%
NWSA	D	0.52%
IPG	C	0.46%
NXST	D	0.45%
COP	D	0.4%
WMG	D	0.38%
TRGP	B	0.38%
SO	B	0.38%
DUK	C	0.36%
PARA	F	0.35%
PSA	B	0.34%
EOG	D	0.33%
GEV	B	0.32%
AEP	B	0.31%
NEM	B	0.31%
D	C	0.29%
CCI	B	0.29%
OHI	A	0.27%
EIX	C	0.26%
APD	B	0.26%
FCX	D	0.25%
EXC	B	0.25%
GLPI	B	0.23%
WY	C	0.22%
WPC	B	0.21%
IFF	B	0.21%
IP	B	0.21%
DOW	D	0.19%
AMCR	C	0.18%
LYB	F	0.17%
CIVI	F	0.16%
WBA	F	0.16%

FDRR Underweight 82 Positions Relative to PY

Symbol	Grade	Weight
QCOM	D	-1.26%
ACN	C	-1.18%
ALL	A	-1.12%
ABT	C	-1.12%
CB	B	-1.12%
ICE	B	-1.04%
PHM	B	-1.03%
FIS	B	-1.0%
BK	A	-1.0%
PH	B	-1.0%
HIG	A	-1.0%
ADI	D	-0.97%
MMC	C	-0.97%
TRV	B	-0.95%
FITB	B	-0.94%
RSG	D	-0.92%
ADP	B	-0.92%
NDAQ	B	-0.88%
EXR	B	-0.87%
WMB	B	-0.86%
PKG	B	-0.85%
AMP	B	-0.84%
KEY	B	-0.84%
AIG	D	-0.83%
NSC	C	-0.82%
SYF	C	-0.82%
MAS	B	-0.82%
GLW	B	-0.82%
JCI	B	-0.81%
DFS	C	-0.81%
MET	A	-0.81%
CSX	D	-0.8%
SW	B	-0.8%
LHX	D	-0.8%
FDX	C	-0.79%
ESS	B	-0.79%
CFG	D	-0.79%
MPC	D	-0.79%
MTB	B	-0.78%
CINF	B	-0.78%
PSX	D	-0.77%
KR	B	-0.75%
ALLE	B	-0.75%
AVY	D	-0.73%
PAYX	C	-0.73%
TPR	C	-0.72%
MAA	B	-0.72%
CTSH	C	-0.72%
KIM	B	-0.71%
UDR	B	-0.71%
STT	A	-0.71%
ZION	D	-0.7%
DGX	B	-0.7%
NTRS	B	-0.68%
VLO	D	-0.68%
GIS	B	-0.68%
STLD	D	-0.67%
AOS	C	-0.67%
RF	B	-0.66%
CMA	B	-0.65%
INVH	C	-0.65%
FOX	B	-0.65%
HST	D	-0.64%
EXPD	B	-0.64%
DRI	C	-0.63%
SNA	B	-0.63%
CHRW	B	-0.63%
MCHP	D	-0.63%
ARE	B	-0.62%
CAG	B	-0.62%
CF	B	-0.6%
SWKS	F	-0.59%
HSY	C	-0.58%
POOL	C	-0.57%
GPC	D	-0.54%
RHI	D	-0.49%
ADM	D	-0.48%
EQT	D	-0.47%
BEN	F	-0.42%
XRAY	D	-0.39%
AMZN	C	-0.37%
APA	F	-0.32%