Fidelity High Yield Factor ETF (FDHY)

46.83
Delayed Data
As of Dec 02
 -0.0371 / -0.08%
Today’s Change
43.78
Today|||52-Week Range
55.07
-14.22%
Year-to-Date

Investment Objective

The investment seeks a high level of income. The fund normally invests at least 80% of its assets in debt securities rated below investment grade (also referred to as high yield debt securities or junk bonds). The advisor uses the ICE  BofA  BB-B US High Yield Constrained Index as a guide in structuring the fund and selecting its investments as it relates to credit quality distribution and risk characteristics. The fund normally invests primarily in securities rated BB or B by S&P, Ba or B by Moody's, comparably rated by at least one nationally recognized credit rating agency, or, if unrated, considered by FMR to be of comparable quality.

No recent news for Fidelity High Yield Factor ETF.

Performance

1 month+3.16% 3 years+1.86%
3 months+2.16% 5 years--
1 year-8.97% Since inception+4.07%
Data through 12/03/2022

Quote Details

Previous close$46.87
Open day’s range46.83 – 46.84
Net asset value (NAV)46.48 (12/02/2022)
Daily volume34,917
Average volume (3 months)35,943
Data as of 3:59pm ET, 12/02/2022

Peer Comparisonvs. High yield bond ETFs

 FDHYCategory
Performance 5-yr return--+0.94%
Expense Gross exp ratio0.45%0.90%
Risk 5 year sharpe ratio--0.08
Net assets$256.0M$1.1B
Average market cap----
Average P/E----
Dividend / Share--0.07%

Competitors

ANGL VanEck Fallen Angel High Yield Bond ETF
HYDW Xtrackers Low Beta High Yield Bond ETF
USHY iShares Broad USD High Yield Corporate B...

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 4.53%
-- 2.15%
-- 1.97%
-- 1.73%
-- 1.66%
-- 1.56%
-- 1.42%
-- 1.34%
-- 1.33%
-- 1.18%