FIDELITY U S HIGH DIVID US HIGH DIVDEND INDEX ETF SR L UNITSFIDELITY U S HIGH DIVID US HIGH DIVDEND INDEX ETF SR L UNITSFIDELITY U S HIGH DIVID US HIGH DIVDEND INDEX ETF SR L UNITS

FIDELITY U S HIGH DIVID US HIGH DIVDEND INDEX ETF SR L UNITS

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Key stats


Assets under management (AUM)
‪273.95 M‬CAD
Fund flows (1Y)
‪18.18 M‬CAD
Dividend yield (indicated)
2.19%
Discount/Premium to NAV
0.2%
Shares outstanding
‪7.15 M‬
Expense ratio
0.38%

About FIDELITY U S HIGH DIVID US HIGH DIVDEND INDEX ETF SR L UNITS


Issuer
FMR LLC
Brand
Fidelity
Home page
Inception date
Sep 13, 2018
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
Fidelity Canada U.S. High Dividend Index - CAD
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Fidelity Investments Canada ULC
The fund fund-of-funds is passively managed to provide exposure to large- and midcap US dividend-paying stocks that are expected to continue to pay and grow their dividends. The fund employs a smart beta investment and rules-based proprietary index methodology, to provide investors with exposure to targeted strategic factors. The starting universe is composed of the largest 1,000 US stocks. Stocks are screened further based on their composite factor score based on dividend yield, payout ratio, and dividend growth. Size bias is removed by blending the composite score with a size factor. Within each sector, securities are selected based on the size-adjusted composite score. Between 60 to 100 stocks are selected, and groups with higher dividend yields are given more weight. The index is rebalanced annually.

Classification


Asset Class
Equity
Category
High dividend yield
Focus
High dividend yield
Niche
Broad-based
Strategy
Dividends
Geography
U.S.
Weighting scheme
Dividends
Selection criteria
Dividends

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of February 28, 2025
Exposure type
StocksBonds, Cash & Other
Finance
Electronic Technology
Consumer Non-Durables
Energy Minerals
Utilities
Process Industries
Stocks99.98%
Finance17.46%
Electronic Technology15.97%
Consumer Non-Durables14.74%
Energy Minerals11.12%
Utilities10.31%
Process Industries10.06%
Technology Services9.22%
Health Technology3.11%
Retail Trade2.08%
Consumer Services1.33%
Consumer Durables1.05%
Commercial Services1.03%
Producer Manufacturing0.83%
Transportation0.57%
Health Services0.45%
Distribution Services0.36%
Communications0.30%
Bonds, Cash & Other0.02%
Cash0.02%
Stock breakdown by region
93%6%
North America93.82%
Europe6.18%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows