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Snapshot:  FDHY

FIDELITY HIGH YIELD FACTOR ETF

52.885   0.005 (0.01%)

AS OF 8:00:00pm ET 11/13/2019 Quotes delayed at least 15 minutes.
Bid 52.82
Bid Size 0
Ask 52.93
Ask Size 0
Open 52.85
High 52.999
Low 52.85
Previous Close 52.885
Price Performance (Last 52 Wk)
as of 11/13/2019
+7.39%
Bid/Ask Spread (1 Month Average)
as of 09/30/2019
0.23%
Premium / Discount (Bid/Ask Previous Day)
as of 11/13/2019
-0.47
Premium / Discount (1 Month Rolling Average)
as of 11/12/2019
0.58%
Volume
Volume (90-Day Average)
Tracking Error 0.18
Detailed Quote

ETP Type

ETF

Asset Class

Fixed Income

Geography Objective

Global

Debt Type Objective

Corporate Debt

Credit Grade Objective

High Yield

Maturity Objective

Various Maturities

Coupon Type
Objective

Blend

Net Assets
AS OF 11/12/2019

$86.9M

Net Expense Ratio

0.45%

Sponsor

Fidelity Management & Research

Inception Date

06/12/2018

Investment Philosophy

Actively Managed

Benchmark Index

ICE BofAML BB-B US High Yield Constrained Index

Index Composition

Cap-Weighted

Legal Structure

Open-End Investment Company

Objective

Seeks a high level of income. The fund may also seek capital appreciation. Normally invests at least 80% of the fund’s assets in debt securities rated below investment grade (also referred to as high yield debt securities or junk bonds).

Learn More

Commentary

There is currently no commentary available for this symbol.

Analyst Ratings

LAST CHANGE
Firm Name As of Date Action Rating Report
FactSet 11/12/2019 -- B Details FactSet PDF Report
Ned Davis Research Group -- -- Log in for rating & report
XTF Inc. 09/30/2019 Upgrade 4.10000 out of 10 XTF Inc. PDF Report

Key Statistics

Duration (Yrs)
AS OF 11/08/2019
3.30
Weighted Average Duration (Yrs)
AS OF 11/12/2019
3.30
Weighted Average Maturity (Yrs)
AS OF 11/11/2019
4.25
Weighted Average Coupon
AS OF 11/12/2019
--
30-day SEC Yield
AS OF 11/11/2019
4.05%
Distribution Yield (TTM)
AS OF 10/31/2019
4.63%
See all Key Stats

Compare

FDHY
FIDELITY HIGH YIELD FACTOR ETF
Asset Class Median
Volume (10-Day Avg)
AS OF 11/12/2019
20.6K 24.4M
1 Week Market Total Return
AS OF 11/12/2019
-0.26% -0.13%
1 Month Market Total Return
AS OF 11/12/2019
+0.42% +0.01%
1 Year Market Total Return
AS OF 11/12/2019
+12.39% +8.29%
3 Year Annualized Market Total Return
AS OF 11/12/2019
-- +3.52%
Beta (1 Year Month-End)
AS OF 10/31/2019
-0.54% 0.32
Annual Turnover Ratio
AS OF 08/31/2019
76.00% 31.00%
Net Expense Ratio
AS OF 12/29/2018
0.45% 0.25%

Performance

Growth of Hypothetical $10,000 * AS OF 10/31/2019

Cumulative Total Returns AS OF 11/12/2019
NAV Return Market Return ICE BofAML BB-B US High Yield Constrained Index
AS OF 07/31/2019
YTD +15.19% +14.47% +11.01%
4 Weeks +0.62% +0.42% +0.32%
13 Weeks +2.43% +2.35% +2.05%
26 Weeks +6.11% +5.94% +6.77%
Quarter-End Average Annual Total Returns AS OF 09/30/2019
NAV Return Market Return
1 Year +9.56% +9.97%
3 Year -- --
5 Year -- --
10 Year -- --
Life +8.92% +8.99%
Life as of NAV inception date: 06/12/2018   Life market returns are as of the first day the ETF traded on an exchange, which may occur a few days after the NAV inception date. Market returns are based on the closing price on the listed exchange at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Gross Expense Ratio: 0.45%

The performance data featured represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate; therefore, you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted.

More about Performance & Risk

Portfolio Composition

Total Basket Holdings AS OF 11/12/2019

201 (Long: 200 | Short: 0)
View All
Top 10 (22.98% of total holdings)
CASH Cash† 8.81%
TDG 6.250 03/15/26 '22 TRANSDIGM INC 1.83%
SLGN 4.125 02/01/28 '22 SILGAN HOLDINGS INC 1.82%
GGP 5.750 05/15/26 '22 BROOKFIELD PROPERTY REIT INC 1.77%
LPLA 4.625 11/15/27 '22 LPL HOLDINGS INC 1.72%
URI 3.875 11/15/27 '22 UNITED RENTALS (NORTH AMERICA) INC 1.72%
CHTR 5.375 06/01/29 '24 CCO HOLDINGS LLC 1.50%
GDDY 5.250 12/01/27 '22 GO DADDY OPERATING COMPANY LLC 1.36%
QSR 5.000 10/15/25 '20 1011778 BC UNLIMITED LIABILITY CO 1.26%
LYV 4.750 10/15/27 '22 LIVE NATION ENTERTAINMENT INC 1.19%
†Part or all of this cash position may represent cash-in-lieu of marketable securities and not actual cash.Click here for more information.

Credit Grade / Maturity   More information  AS OF 11/12/2019

Independent third parties provide portfolio composition analytics to standardize calculations for consistent comparison. However, these calculations and the resulting credit quality analytics may differ from the ETF managers' methodology, which you can learn about in the Prospectus & Reports.

AAA -- Short Term 2.89%
Investment Grade 3.73% Intermediate Term 84.81%
High Yield 86.67% Long Term 3.39%
More about Portfolio Composition

ETFs are subject to management fees as well as other expenses including brokerage commissions. Please contact your investment professional for more information on applicable brokerage fees. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and may only be redeemed directly with the fund by Authorized Participants in creation units.

* A hypothetical $10,000 investment made in the fund ten years ago, or on commencement of operations for funds lacking a ten-year track record. Figures include reinvestment of capital gains and dividends, but do not reflect the effect of any applicable sales charges or redemption fees, which would lower these figures. This chart is not intended to imply any future performance of the fund.

The performance data shown represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore you have a gain or loss when you sell your shares. Click on the "Performance & Risk" link to view quarter-end performance.

Average annual total returns are historical and include change in share value and reinvestment of dividends and capital gains, if any. Cumulative total returns are reported as of the period indicated. Life of fund figures are reported as of the commencement date to the period indicated. Since ETFs are bought and sold at prices set by the market - which can result in a premium or discount to NAV- the returns calculated using market price (market return) can differ from those calculated using NAV (NAV return).

Basket holdings, asset allocation, market sectors, industry exposure, and geographical diversification are as of the date indicated and may not be representative of the fund's current or future investments.

© 2014 Morningstar, Inc. All rights reserved. The Morningstar information contained herein (1) is proprietary to Morningstar or its affiliates; (2) may not be copied or redistributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, or, if available, a summary prospectus containing this information. Read it carefully.


 
 

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