Fidelity High Yield Factor ETF (FDHY)

44.38
Delayed Data
As of Sep 26
 -0.2841 / -0.64%
Today’s Change
44.18
Today|||52-Week Range
56.25
-18.71%
Year-to-Date
FDHY Regular Dividend: FDHY began trading ex-dividend on 09/28/22. A $0.221 dividend will be paid to shareholders of record as of 09/29/22.

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-5.66% 3 years+0.30%
3 months-2.65% 5 years--
1 year-15.49% Since inception+2.80%
Data through 09/28/2022

Quote Details

Previous close$44.66
Open day’s range44.38 – 44.67
Net asset value (NAV)44.41 (09/27/2022)
Daily volume26,924
Average volume (3 months)44,236
Data as of 2:55pm ET, 09/26/2022

Peer Comparisonvs. High yield bond ETFs

 FDHYCategory
Performance 5-yr return--+1.46%
Expense Gross exp ratio0.45%0.91%
Risk 5 year sharpe ratio--0.15
Net assets$270.4M$1.1B
Average market cap----
Average P/E----
Dividend / Share--0.06%

Competitors

ANGL VanEck Fallen Angel High Yield Bond ETF
HYDW Xtrackers Low Beta High Yield Bond ETF
SPHY SPDR® Portfolio High Yield Bond ETF

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 2.79%
-- 2.31%
-- 2.06%
-- 1.98%
-- 1.77%
-- 1.75%
-- 1.57%
-- 1.47%
-- 1.32%
-- 1.26%