FDRV
Fidelity Electric Vehicles and Future Transportation ETF
FDRV tracks a modified market-cap-weighted index of companies that are involved in the production of electric and/or autonomous vehicles or other initiatives regarding the future of transportation.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
30.4 M
ASSETS UNDER MGMT
39 bp
EXPENSES
Fund Basics
| Fund sponsor | Fidelity |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Oct 05, 2021 |
| Assets (mns) | $30 |
| Expense ratio | 39 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| CONTEMPORARY AMPEREX TECHNOLOGY CO LTD O | 4.8 % |
| INFINEON TECHNOLOGIES AG | 4.8 % |
| NEC ELECTRONICS CORP | 4.5 % |
| TESLA MOTORS INC | 4.5 % |
| BYD CO LTD-H | 4.4 % |
| NXP SEMICONDUCTORS NV | 4.4 % |
| UBER TECHNOLOGIES, INC. | 4.1 % |
| RIVIAN AUTOMOTIVE INC-A | 4.1 % |
| APTIV PLC | 4.0 % |
| XPENG, INC. CLASS A | 3.9 % |
Constituent Breakdown
| Number of holdings | 64 |
| Herfindahl-Hirschman Index | 850 |
| Wgt avg mkt cap (mns) | $92,291 |
| Large cap (>$10bn) | 71.6% |
| Mid cap ($2-10bn) | 41.3% |
| Small cap (<$2bn) | 13.2% |
| Developed mkts. | 107.0% |
| Emerging mkts. | 29.8% |
Country Exposure
 |
UNITED STATES | 38.4 % |
 |
CHINA | 20.3 % |
 |
JAPAN | 6.1 % |
 |
GERMANY | 4.8 % |
 |
NETHERLANDS | 4.4 % |
 |
IRELAND | 4.0 % |
 |
SOUTH KOREA | 3.9 % |
 |
FRANCE | 1.9 % |
 |
CANADA | 1.3 % |
 |
BELGIUM | 1.3 % |
Historical Performance
Standardized Performance (as of 12/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 22.8% | 22.8% | -2.2% | 2.4% | -- | -- | -- | -10.1% |
| Dividend Yield | 0.9% | 0.9% | 0.6% | 0.5% | -- | -- | -- | 0.4% |
| Total Returns | 23.7% | 23.7% | -1.6% | 2.8% | -- | -- | -- | -9.7% | Ann. Volatility | 30.0% | 30.0% | 28.4% | 28.2% | -- | -- | -- | 32.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.24 | 64% |
| MSCI EAFE | 1.32 | 52% |
| MSCI Emg Mkts | 1.44 | 71% |
Liquidity Measures
| Avg. volume (000) | 15 |
| ADV traded (mns) | $0 |
| Turnover | 0.9% |
| Avg. Bid/Ask (% of price) | 0.47% |
Technical Indicators
| 30d moving avg. (EMA) | $16.79 |
| Relative strength (RSI) | 56 |
| MACD/Signal | 0.15/0.06 |
| Bollinger Bands (Upper/Lower) | $17.39/$16.09 |
| Short interest (% of AUM) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FDRV |
Expenses vs. FDRV |
ALTAR Score™ vs. FDRV |
|---|---|---|---|---|
| IDRV | iShares Self-driving EV & Tech ETF | 32.8% | +8 bp | +2.8% |
| MOTO | SmartETFs Smart Transportation & Technology ETF | 26.9% | +29 bp | +6.3% |
| DRIV | Global X Autonomous & Electric Vehicles ETF | 22.4% | +29 bp | +3.7% |
| ERTH | Invesco MSCI Sustainable Future ETF | 20.7% | +23 bp | +3.7% |
| KARS | KraneShares Electric Vehicles & Future Mobility Index ETF | 20.2% | +33 bp | +3.0% |
| CLNR | IQ Cleaner Transport ETF | 19.8% | +6 bp | +4.4% |
| BATT | Amplify Lithium & Battery Technology ETF | 19.1% | +20 bp | +1.6% |
| HAIL | State Street SPDR S&P Kensho Smart Mobility ETF | 17.7% | +6 bp | -0.9% |
| KGRN | KraneShares MSCI China Clean Technology Index ETF | 17.5% | +40 bp | +3.7% |
| CARZ | First Trust NASDAQ Global Auto Index Fund | 16.0% | +31 bp | +3.6% |
Risk and Returns: FDRV vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 1/11/2026
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
FDRV
2.0%
Cat. Avg
4.1%
ALTAR Score™ Calculation
Category Overview
There are 391 funds in the Global Equity category, with an average ALTAR Score™
of 4.1% and a standard deviation of
2.9%. FDRV's ALTAR Score™ is approximately
0.7 standard deviations
below
the category average. This places FDRV in the 24th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
FDRVSELL
U/W
HOLD
O/W
BUY