Fidelity Electric Vehicles and Future Transportation ETF

Frequently Asked Questions About FDRV

What does FDRV invest in?

The fund normally invests at least 80% of the fund's assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum engaged in the production of electric and/or autonomous vehicles and their components, technology, or energy systems, or engaged in other initiatives that aim to change the future of transportation.

What is the expense ratio of FDRV?

Fidelity Electric Vehicles and Future Transportation ETF (FDRV) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FDRV?

Fidelity Electric Vehicles and Future Transportation ETF (FDRV) manages $28.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FDRV actively managed or an index fund?

FDRV's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FDRV launched?

Fidelity Electric Vehicles and Future Transportation ETF (FDRV) launched in October 2021 and is managed by Fidelity.

How has FDRV performed?

FDRV's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.