Fidelity U.S. Dividend for Rising Rates ETF
FCRR.TO
Toronto Stock Exchange57.32
CAD
+0.01
- -
Fidelity U.S. Dividend for Rising Rates ETF
FCRR.TO
(Toronto Stock Exchange)
Recent
price
57.32
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Fidelity U.S. Dividend for Rising Rates Index ETF (FCRR.TO) is an exchange-traded fund that seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada U.S. Dividend for Rising Rates Index. The ETF invests primarily in dividend-paying equity securities of U.S. companies across diversified sectors and market capitalizations, including growth and value stocks that exhibit a positive correlation of returns to increasing 10-year U.S. Treasury yields; it employs a full replication technique and maintains a portfolio of approximately 102 holdings, with the top ten comprising around 37% of assets. Launched on September 13, 2018, and domiciled in Canada, the fund is managed by Fidelity Investments Canada ULC and co-managed by Geode Capital Management, LLC, a global systematic investment manager overseeing over $1.7 trillion as of June 30, 2025; it trades on the Toronto Stock Exchange with units in Canadian dollars (FCRR.TO) and U.S. dollars (FCRR-U.TO). The ETF targets investors seeking exposure to U.S. dividend payers resilient to rising interest rates, delivering monthly distributions with a recent annual yield of approximately 1.85% and a management fee of 0.35%. The fund provides an outcome-oriented strategy focused on dividend sustainability and growth, with sector allocations led by information technology (around 36.5%), financials (14.2%), consumer discretionary (10.3%), and communication services (9.8%), alongside diversified exposure to health care, industrials, consumer staples, energy, utilities, real estate, and materials. Geode Capital Management supports the ETF through its robust infrastructure, offering scale and customization for institutional-like building blocks in a changing investment landscape. No major acquisitions, funding rounds, partnerships, or strategic shifts specific to FCRR.TO have been reported in the last 1-2 years; the fund continues passive tracking with stable operations, including recent performance showing a 1-year return of 15.63% (NAV) and YTD 2025 return of 17.31% as of December 2025.