Fidelity Electric Vehicles and Future Transportation ETF
$15.78−0.03 (−0.22%)
- 0.39%
- $23M
- −3.3%
- 1.39%
- 0M sh
- $15.86
- low $15.03high $21.63
The ETF.net FDRV Grade
B
Score 63 out of 100
- 2 of 7
Score 63 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A89 out of 100Rank 1 of 7Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D31 out of 100Rank 6 of 7Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C47 out of 100Rank 4 of 7Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B69 out of 100Rank 2 of 6Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C44 out of 100Rank 6 of 7
Our read on FDRV
BFidelity's in-house index take on electric vehicles and future transportation: about 60 companies worldwide, wrapped at 0.39%, one of the cheaper tickets in the EV aisle.
The fund seeks returns that generally correspond, before fees and expenses, to the performance of the Fidelity Electric Vehicles and Future Transportation Index.
Why people hold it
- At 0.39%, it undercuts the typical fee in its EV and battery peer group, and sits below iShares' IDRV (0.48%) and Global X's DRIV (0.68%).
- About 60 companies, global by mandate, so the electric-vehicle theme isn't riding on one carmaker or one country.
- Plain index wrapper: a 1940 Act fund tracking Fidelity's own Electric Vehicles and Future Transportation Index, and one of the stronger builds in its cohort.
- Pays distributions quarterly, so income timing is predictable even though this is a growth-themed basket.
Worth knowing
- A small fund whose shares trade lightly, so spreads can run wider than at the category's biggest names.
- One theme, tied to the auto and battery cycle. Expect bigger swings than a broad-market index.
- Launched in 2021, so the track record is short and covers only a slice of the EV cycle.
FDRV Holdings
- Stocks
- 61
- 55%
- Securities Lending Cf
Sectors
- Consumer Discretionary46.2%
- Technology38.8%
- Industrials11.9%
- Materials3.1%
Geography
- United States54.13%
- China21.85%
- Germany5.34%
- Netherlands3.96%
- Korea (the Republic of)3.73%
- Japan2.72%
- Sweden2.43%
- Canada1.39%
- 4.45%
Developed 42% · Emerging 58%
FDRV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
FDRV$9,674
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FDRV |
|---|---|
| Year to date | −2.7% |
| 1 month | −6.3% |
| 3 months | −15.6% |
| 1 year | −3.3% |
| 3 years | −1.0% |
| 5 years | −8.7% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FDRV |
|---|---|---|
| 2026 YTD | −2.7% | |
| 2025 | +24.3% | |
| 2024 | −21.7% | |
| 2023 | +12.2% | |
| 2022 | −44.2% | |
| 2021 | +7.0% |
FDRV in the news
FDRV Dividends
- 1.39%
- $0.22
- $0.02 per share
- Quarterly
Distribution history
FDRV Risk
- 25.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.11
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −63.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.72
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FDRV Cost
0.39%
FDRV0.39%
- The middle half of EV & Battery funds
- Median 0.68%
No EV & Battery fund charges less.
Other funds in EV & Battery
- BIDRViShares Self-Driving EV and Tech ETFExpense ratio 0.48%1 year return −5.6%
- BDRIVGlobal X - Autonomous & Electric Vehicles ETFExpense ratio 0.68%1 year return +17.1%
- CBATTAmplify Lithium & Battery Technology ETFExpense ratio 0.59%1 year return +16.6%
- CCARZFirst Trust S-Network Future Vehicles & Technology ETFExpense ratio 0.70%1 year return +50.0%
- DKARSKraneShares Electric Vehicles & Future Mobility Index ETFExpense ratio 0.69%1 year return −6.9%