FDRR - ETFs For Inflation: Is FCPI Better Than FDRR?
2024-06-07 16:37:40 ET
Summary
- The Fidelity Stocks for Inflation ETF and Fidelity Dividend ETF For Rising Rates funds are designed for an inflationary environment.
- The former, FCPI, focuses on fundamentals and momentum, while the latter, FDRR, seeks dividends and correlation with treasury yields.
- FCPI has outperformed FDRR since its inception, but both funds have lagged the S&P 500 index.
Characteristics and Strategies
Fidelity Stocks for Inflation ETF ( FCPI ) and Fidelity Dividend ETF For Rising Rates ( FDRR ) are two funds designed for an inflationary environment. The next table compares some of their characteristics. They have the same expense ratio. FDRR is 3 years older and more than 3 times larger in assets under management. It also has a higher dividend yield and a lower turnover....
ETFs For Inflation: Is FCPI Better Than FDRR?