FDVV
Fidelity High Dividend ETF
📎 Investment Objective
The Fidelity High Dividend ETF seeks to provide investment results that correspond, before fees and expenses, to the total return of the Fidelity High Dividend Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that are expected to have above-average dividend yields.
Overview
ETF tracking Fidelity High Dividend ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Fidelity High Dividend ETF seeks to provide investment results that correspond, before fees and expenses, to the total return of the Fidelity High Dividend Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that are expected to have above-average dividend yields.
🎯 Investment Strategy
The ETF invests at least 80% of its assets in securities included in the Fidelity High Dividend Index. The index is composed of stocks of large and mid-cap U.S. companies that are expected to have above-average dividend yields. The fund's investment advisor uses an indexing approach to manage the ETF's investments.
✨ Key Features
- Focuses on high-dividend paying U.S. stocks
- Seeks to track the performance of the Fidelity High Dividend Index
- Diversified portfolio of large and mid-cap companies
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the ETF's shares will fluctuate with changes in the value of the securities it holds
- Dividend risk: Companies may reduce or eliminate dividends, which could negatively impact the fund's performance
- Sector concentration risk: The fund may be more susceptible to factors affecting its target sector or industry
- Liquidity risk: Certain securities may be difficult to sell at the desired time and price
👤 Best For
The Fidelity High Dividend ETF may be suitable for investors seeking exposure to high-dividend paying U.S. stocks as part of a diversified portfolio. It may be particularly appealing to income-oriented investors looking for a low-cost way to access a portfolio of companies with above-average dividend yields.