Key stats
About Fidelity High Dividend ETF
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Inception date
Sep 12, 2016
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Corp.
FDVV invests in U.S. and developed international equities that exhibit high dividend yield, a low dividend payout ratio, and high dividend growth. The selection universe begins with 1,000 of the largest U.S. stocks and the largest 1,000 developed-market international stocks. These stocks are scored and selected according to their dividend yield, dividend payout ratio, and dividend growth. Sectors with higher overall dividend yield are given higher weight relative to sectors with lower dividend yield. Within each sector, each stock is weighted based on a modified market capitalization. FDVV invests mostly in U.S. stocks, with a 10% maximum on international stocks, as well as a 35% cap on any individual sector. Prior to November 9, 2017 the fund tracked the Fidelity Core Dividend Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Consumer Non-Durables
Energy Minerals
Utilities
Stocks99.50%
Finance27.70%
Electronic Technology16.41%
Consumer Non-Durables13.92%
Energy Minerals10.66%
Utilities10.11%
Technology Services7.35%
Health Technology2.89%
Commercial Services2.59%
Retail Trade1.98%
Consumer Durables1.68%
Consumer Services1.27%
Health Services0.61%
Transportation0.55%
Producer Manufacturing0.53%
Communications0.34%
Bonds, Cash & Other0.50%
Mutual fund1.43%
Government0.01%
Cash−0.93%
Stock breakdown by region
North America95.72%
Europe3.58%
Asia0.70%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history