About Fidelity Dividend ETF for Rising Rates (FDRR)

The Fidelity Dividend ETF for Rising Rates (FDRR) is an exchange-traded fund that aims to provide investors with exposure to dividend-paying stocks that have the potential to perform well in a rising interest rate environment. The fund is designed to address the concerns of income-focused investors who are worried about the impact of rising rates on their portfolios. With its focus on dividend-paying stocks, FDRR offers a potential source of income that can help investors weather the storm of rising rates.

One of the key features of FDRR is its emphasis on companies with a history of increasing their dividends over time. This is an important factor to consider when investing in a rising rate environment, as companies that consistently raise their dividends are often well-positioned to weather economic downturns and changing interest rate environments. FDRR's portfolio is constructed based on a proprietary methodology that takes into account dividend growth and other fundamental factors to identify companies that have the potential to continue raising their dividends in the future.