FSYD

Fidelity Sustainable High Yield ETF

$48.03

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Fidelity Sustainable High Yield ETF (FSYD) seeks to provide a high level of current income while also considering environmental, social, and governance (ESG) factors.

Overview

ETF tracking Fidelity Sustainable High Yield ETF

Category High Yield

Issuer Other

Inception Date 2022-02-17

Market Cap $57.6M

Average Volume N/A

Dividend Yield 5.46%

52-Week Range $45.06 - $48.99

VWAP $48.04

Performance

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Investment Summary

📎 Investment Objective

The Fidelity Sustainable High Yield ETF (FSYD) seeks to provide a high level of current income while also considering environmental, social, and governance (ESG) factors.

🎯 Investment Strategy

FSYD invests primarily in high-yield, below-investment-grade fixed income securities of U.S. and foreign issuers that meet certain ESG criteria. The fund's portfolio managers use fundamental credit research and ESG analysis to identify securities they believe offer attractive income potential with lower risk of default.

✨ Key Features

Focuses on high-yield bonds with an emphasis on ESG factors
Actively managed portfolio seeking to balance income and risk
Aims to provide higher yields than investment-grade bond funds
Relatively new fund with limited performance history

⚠️ Primary Risks

High-yield bonds are subject to greater credit and default risk than investment-grade securities
ESG criteria may limit the investment universe and performance could differ from non-ESG funds
Active management style means the fund's performance may vary from the broader high-yield bond market
As a new fund, it has a limited track record to evaluate long-term performance

👤 Best For

FSYD may be suitable for investors seeking higher income potential from their fixed income allocation, while also considering ESG factors. However, the fund's high-yield focus and relatively new status mean it carries higher risk and is best suited for investors with a higher risk tolerance and longer investment horizon.