FDRR Fees and Costs — Fidelity Dividend ETF for Rising Rates
Data updated: 2026-10-13
The net expense ratio is 0.15%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $41K in broker commissions, 0.0062% of average net assets, and portfolio turnover was 27%.
FDRR Fees and Expenses
Annual operating expenses and sales charges of FDRR. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.15% |
| Fee waiver | — |
| Net expense ratio | 0.15% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
FDRR Costs Over Time
On $10,000 invested in FDRR, assuming 5% a year before costs, total costs come to $99 over 5 years, cutting the return by 0.16% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.15%) | $16 | $50 | $87 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $3 | $9 |
| Total costs | $16 | $54 | $99 |
| Value after costs | $10,484 | $11,522 | $12,663 |
| Impact on return, per year | 0.16% | 0.16% | 0.16% |
FDRR Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0062%
- Total broker commissions: $41K
- Bought from dealers (principal trades, not a cost): $584K
- Portfolio turnover (prospectus): 27%
FDRR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $38K | 91.47% |
| BANK OF AMERICA CORPORATION | $2K | 4.12% |
| BARCLAYS PLC | $629 | 1.52% |
| MORGAN STANLEY | $409 | 0.99% |
| CITIGROUP INC | $259 | 0.63% |
| JEFFERIES FINANCIAL GROUP INC | $160 | 0.39% |
| NOMURA HOLDINGS INC | $143 | 0.35% |
| JPMORGAN CHASE and CO | $100 | 0.24% |
| UBS GROUP AG | $74 | 0.18% |
| ROYAL BANK OF CANADA | $45 | 0.11% |
FDRR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BANK OF MONTREAL QUE | $360K | 61.64% |
| JPMORGAN CHASE and CO | $115K | 19.69% |
| CITIGROUP INC | $109K | 18.67% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.