Fidelity U.S. Dividend for Rising Rates Currency Neutral Index ETF

Fidelity U.S. Dividend for Rising Rates Currency Neutral Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada U.S. Dividend for Rising Rates Currency Neutral Index. This Fidelity ETF invests primarily in dividend-paying equity securities of U.S. companies that have a positive correlation of returns to increasing 10-year U.S. Treasury yields and uses derivatives to try to minimize the exposure of currency fluctuations between the U.S. and Canadian dollars.