FIDUSDRT Fidelity Dividend Index for Rising Rates Total Return Index

This is the total return version of FIDUSDRP. The Index starts with the top 1000 U.S. stocks by market capitalization. The Index then scores those stocks using a composite scoring system: 1) Dividend Yield: Trailing dividend over last twelve months over price per share; 2) Payout Ratio: Trailing dividends over last twelve months over earnings per share; 3) Dividend Growth: Trailing dividends over last twelve months over trailing dividends from one year ago; 4) Correlation to 10-year Treasury Yields: Correlation of weekly changes in the 10-year treasury yield with weekly stock return. Each of the four factors is given a different weight in the composite score: dividend yield: 63%, payout ratio: 13.5%, dividend growth: 13.5%, and correlation to 10 year treasury yields: 10%. The index ends up selecting about 100 stocks by first eliminating any stocks that don't pay a dividend and then eliminating the top 5% of stocks with the highest dividend payout ratio. The index then uses a complex system to select the top scoring stocks in each sector.

307.41
As of 03/31/2017

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Index Information

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Provider:     Fidelity
Category1:  US Equity
Category2:  Broad market
Category3:  Large and mid cap
Currency:    USD
Inception date:  08/01/2016
Backtesting data exists:   Yes
Weighting methodology:   Composite scores
Number of holdings:  100
Total return version:  FIDUSDRP


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