Fidelity Covington Trust - Fidelity Dividend ETF for Rising Rates (ARCA:FDRR) - Stock Price, News & Analysis

FDRR Stock Overview

Fidelity Covington Trust - Fidelity Dividend ETF for Rising Rates is an exchange traded fund launched and managed by Fidelity Management & Research Company LLC.

About the company

FDRR fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Fidelity Covington Trust - Fidelity Dividend ETF for Rising Rates Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fidelity Covington Trust - Fidelity Dividend ETF for Rising Rates
Historical stock prices
Current Share Price	US$45.02
52 Week High	US$46.61
52 Week Low	US$38.14
Beta	0
1 Month Change	-0.55%
3 Month Change	3.16%
1 Year Change	8.74%
3 Year Change	8.17%
5 Year Change	38.74%
Change since IPO	78.30%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	FDRR	US Capital Markets	US Market
7D	-2.0%	-3.8%	-1.7%
1Y	8.7%	24.3%	22.4%

Return vs Industry: FDRR underperformed the US Capital Markets industry which returned 24.3% over the past year.

Return vs Market: FDRR underperformed the US Market which returned 22.4% over the past year.

Price Volatility

Is FDRR's price volatile compared to industry and market?
FDRR volatility
FDRR Average Weekly Movement	1.6%
Capital Markets Industry Average Movement	3.4%
Market Average Movement	6.1%
10% most volatile stocks in US Market	16.6%
10% least volatile stocks in US Market	3.0%

Stable Share Price: FDRR has not had significant price volatility in the past 3 months.

Volatility Over Time: FDRR's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2016	n/a	n/a	institutional.fidelity.com/app/funds-and-products/etf/snapshot/FIIS_ETF_FDRR/fidelity-dividend-etf-for-rising-rates.html

Fidelity Covington Trust - Fidelity Dividend ETF for Rising Rates is an exchange traded fund launched and managed by Fidelity Management & Research Company LLC. The fund is co-managed by Geode Capital Management, LLC. It invests in public equity markets of global region.

Fidelity Covington Trust - Fidelity Dividend ETF for Rising Rates Fundamentals Summary

How do Fidelity Covington Trust - Fidelity Dividend ETF for Rising Rates's earnings and revenue compare to its market cap?
FDRR fundamental statistics
Market cap	US$515.48m
Earnings (TTM)	US$0
Revenue (TTM)	n/a

n/a

P/E Ratio

n/a

P/S Ratio

Is FDRR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FDRR income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$0
Earnings	US$0

Last Reported Earnings

n/a

Next Earnings Date

n/a

Earnings per share (EPS)	0
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.0%

How did FDRR perform over the long term?

See historical performance and comparison