FDRV - ETF AI Analysis
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Fidelity Electric Vehicles and Future Transportation ETF (FDRV)
FDRV, the Fidelity Electric Vehicles and Future Transportation ETF, has a solid but not top-tier rating, mainly driven by strong holdings like Tesla and Uber, which show robust financial performance and growth potential despite some valuation and technical concerns. Autoliv also supports the fund’s quality with strong financials and positive earnings, while weaker names like Rivian, with ongoing unprofitability and cash flow issues, and holdings facing bearish or mixed technical signals, hold the rating back. The main risk factor is the fund’s focus on the electric vehicles and future transportation theme, which concentrates exposure in a single, more volatile sector and related technologies.
FDRV vs. SPDR S&P 500 ETF (SPY)
- AUM
- 21.22M
- Region
- Global
- Expense Ratio
- 0.39%
- Beta
- 1.31
- Issuer
- Fidelity
- Inception Date
- Oct 05, 2021
- Dividend Yield
- 1.48%
- Asset Class
- Equity
- Index Tracked
- Fidelity Electric Vehicles and Future Transportation Index
FDRV Summary
FDRV is the Fidelity Electric Vehicles and Future Transportation ETF, which follows the Fidelity Electric Vehicles and Future Transportation Index. It focuses on companies involved in electric cars, batteries, charging stations, and new ways of getting around, like ride-sharing and self-driving technology. Well-known holdings include Tesla and Uber. Someone might invest in FDRV to tap into the long-term growth potential of cleaner, smarter transportation while spreading their money across many related companies. A key risk is that it is heavily focused on the electric vehicle and transportation theme, so its value can rise or fall sharply with that specific sector.
How much will it cost me?
This ETF has an expense ratio of 0.39%, which means you’ll pay about $3.90 per year for every $1,000 you invest. That’s higher than the average low-cost index ETF because this is a specialized, actively managed fund focused on electric vehicles and future transportation companies.
What would affect this ETF?
FDRV could benefit if global demand for electric vehicles and cleaner transportation keeps growing, supported by government incentives and advances in battery and chip technology that help major holdings like Tesla, BYD, and key semiconductor makers. On the downside, higher interest rates, economic slowdowns that hurt consumer spending, tougher regulations or reduced subsidies for EVs, and intense competition among global automakers and ride-sharing firms could weigh on the fund’s future performance.
FDRV Top 10 Holdings
FDRV is riding the EV and future mobility wave, but the journey has been bumpy. Tesla and NXP Semiconductors are the main engines of recent strength, with both stocks rising and helping offset weakness elsewhere. On the other side, Chinese EV names like BYD and Li Auto, along with battery giant CATL, have been lagging and dragging on returns. Rivian and Aptiv have shown mixed to weak momentum, adding volatility. The fund is clearly concentrated in global EV makers and auto tech suppliers, with a heavy tilt toward consumer cyclical and technology names across the U.S., Europe, and China.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 NXPI | NXP Semiconductors | 5.59% | $1.19M | $62.58B | 20.27% | 70Neutral |
 TSLA | Tesla | 5.16% | $1.10M | $1.42T | -19.67% | 73Outperform |
 UBER | Uber Technologies | 4.62% | $985.84K | $140.05B | -25.54% | 74Outperform |
 HK:1211 | BYD Co | 4.48% | $956.06K | HKD 766.84B | -24.07% | 66Neutral |
 DE:IFX | Infineon Technologies AG | 4.06% | $866.72K | EUR 59.54B | 34.89% | 67Neutral |
 RIVN | Rivian Automotive | 3.95% | $844.15K | $19.87B | -10.58% | 61Neutral |
 ALV | Autoliv | 3.53% | $753.04K | $8.89B | 2.97% | 78Outperform |
 HK:3750 | Contemporary Amperex Technology Co., Limited Class H | 3.45% | $736.63K | HKD 1.40T | -31.47% | 68Neutral |
 HK:2015 | Li Auto, Inc. Class A | 3.32% | $708.48K | HKD 97.34B | -39.87% | 59Neutral |
 APTV | Aptiv | 3.22% | $687.68K | $7.98B | -51.96% | 70Outperform |
FDRV Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FDRV, the sentiment is Negative. The current price of 14.78 is below the 20-day moving average (MA) of 15.12, below the 50-day MA of 15.98, and below the 200-day MA of 17.54, indicating a bearish trend. The MACD of -0.36 indicates Negative momentum. The RSI at 40.20 is Neutral, neither overbought nor oversold. The STOCH value of 39.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FDRV.
FDRV Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| FDRV | $14.78 | $15.50(4.86% Upside) | $21.22M | 0.39% | 59Neutral |
 DRNZ | $14.53 | $26.22(80.45% Upside) | $78.97M | 0.65% | 54Neutral |
 POW | $20.68 | $29.68(43.51% Upside) | $55.06M | 0.75% | 57Neutral |
 CARZ | $90.25 | $135.23(49.85% Upside) | $39.62M | 0.70% | 63Neutral |
 LITP | $7.27 | $14.74(102.75% Upside) | $26.24M | 0.65% | 42Neutral |
 MOTO | $54.45 | $77.00(41.42% Upside) | $6.83M | 0.68% | 65Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| FDRV | Fidelity Electric Vehicles and Future Transportation ETF | 14.78 | -2.49 | -14.42% | |
| DRNZ | REX Drone ETF | 14.53 | -6.97 | -32.43% | |
| POW | VistaShares Electrification Supercycle ETF | 20.68 | 0.31 | 1.52% | |
| CARZ | First Trust NASDAQ Global Auto Index Fund | 90.25 | 14.22 | 18.70% | |
| LITP | Sprott Lithium Miners ETF | 7.27 | -2.30 | -24.03% | |
| MOTO | SmartETFs Smart Transportation & Technology ETF | 54.45 | 1.45 | 2.74% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.