Key stats
About Fidelity Electric Vehicles and Future Transportation ETF
Home page
Inception date
Oct 5, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Corp.
FDRV holds globally-listed stocks of companies involved in the production of electric vehicles, their components, technology, or energy systems, as well as other initiatives for the enhancement of future transportation. The funds underlying index aims to reflect the broader equity market which involves securities of all capitalization in developed and emerging market countries. To be eligible for inclusion, the companies must derive 50% of their revenue from business activities surrounding future transportation technologies, enabling semiconductors, and enabling components & software. Each company is recognized and ranked based on their assigned thematic relevancy score derived using a proprietary natural language processing algorithm - which analyzes text-based documents from public disclosures to identify firms using only keywords. Finally, those ranked with the highest scores are chosen as index constituents and are then market-cap weighted. The index is rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Producer Manufacturing
Consumer Durables
Mutual fund
Stocks99.78%
Electronic Technology28.47%
Producer Manufacturing23.06%
Consumer Durables18.93%
Transportation3.81%
Technology Services3.57%
Process Industries2.74%
Retail Trade1.17%
Bonds, Cash & Other0.22%
Mutual fund22.27%
Futures0.00%
Cash−22.05%
Stock breakdown by region
North America43.11%
Asia36.55%
Europe18.62%
Middle East1.72%
Latin America0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FDRV invests in stocks. The fund's major sectors are Electronic Technology, with 34.75% stocks, and Producer Manufacturing, with 28.14% of the basket. The assets are mostly located in the North America region.
FDRV last dividends amounted to 0.06 USD. The quarter before, the issuer paid 0.01 USD in dividends, which shows a 76.27% increase.
Yes, FDRV pays dividends to its holders with the dividend yield of 0.56%. The last dividend (Jun 24, 2025) amounted to 0.06 USD. The dividends are paid quarterly.
FDRV shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Oct 5, 2021, and its management style is Passive.
FDRV expense ratio is 0.40% meaning you'd have to pay 0.40% of your investment to help manage the fund.
FDRV follows the Fidelity Electric Vehicles and Future Transportation Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FDRV invests in stocks.
FDRV price has risen by 7.51% over the last month, and its yearly performance shows a 12.25% increase. See more dynamics on FDRV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.51% over the last month, showed a 23.46% increase in three-month performance and has increased by 13.92% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.51% over the last month, showed a 23.46% increase in three-month performance and has increased by 13.92% in a year.
FDRV trades at a premium (0.19%) meaning the ETF is trading at a higher price than the calculated NAV.