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Fidelity High Yield Factor ETF (FDHY)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US3160926180

CUSIP

316092618

Issuer

Fidelity

Inception Date

Jun 12, 2018

Region

Developed Markets (Broad)

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Bond

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
FDHY vs. FLHY FDHY vs. PFFR FDHY vs. EFAS FDHY vs. FBND FDHY vs. SPY FDHY vs. VWEAX FDHY vs. SCHD FDHY vs. HYGV FDHY vs. HYGH FDHY vs. FALN
Popular comparisons:
FDHY vs. FLHY FDHY vs. PFFR FDHY vs. EFAS FDHY vs. FBND FDHY vs. SPY FDHY vs. VWEAX FDHY vs. SCHD FDHY vs. HYGV FDHY vs. HYGH FDHY vs. FALN

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity High Yield Factor ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.69%
12.93%
FDHY (Fidelity High Yield Factor ETF)
Benchmark (^GSPC)

Returns By Period

Fidelity High Yield Factor ETF had a return of 7.70% year-to-date (YTD) and 11.99% in the last 12 months.


FDHY

YTD

7.70%

1M

0.77%

6M

5.69%

1Y

11.99%

5Y (annualized)

4.55%

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of FDHY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.62%-0.17%1.35%-0.86%1.30%0.79%2.00%1.54%1.23%-1.38%7.70%
20233.29%-1.92%2.83%0.17%-1.63%1.61%1.09%0.24%-1.48%-0.99%4.61%3.03%11.14%
2022-3.03%-1.25%-1.36%-4.23%1.54%-7.35%6.02%-3.45%-3.56%3.08%3.12%-0.66%-11.30%
2021-0.60%0.25%0.48%0.84%0.09%1.56%0.53%0.45%-0.11%-0.18%-1.43%2.43%4.33%
2020-0.03%0.31%-10.27%5.43%4.66%-0.38%5.91%0.81%-1.26%0.58%3.12%2.35%10.71%
20194.59%1.04%1.72%1.34%-0.95%3.07%0.13%1.51%0.54%0.60%0.75%1.45%16.87%
2018-0.31%0.71%0.92%0.34%-1.19%-0.14%-1.93%-1.63%

Expense Ratio

FDHY features an expense ratio of 0.45%, falling within the medium range.


Expense ratio chart for FDHY: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of FDHY is 84, placing it in the top 16% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of FDHY is 8484
Combined Rank
The Sharpe Ratio Rank of FDHY is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of FDHY is 9292
Sortino Ratio Rank
The Omega Ratio Rank of FDHY is 8686
Omega Ratio Rank
The Calmar Ratio Rank of FDHY is 6565
Calmar Ratio Rank
The Martin Ratio Rank of FDHY is 9292
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity High Yield Factor ETF (FDHY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for FDHY, currently valued at 2.65, compared to the broader market0.002.004.002.652.54
The chart of Sortino ratio for FDHY, currently valued at 4.23, compared to the broader market-2.000.002.004.006.008.0010.004.233.40
The chart of Omega ratio for FDHY, currently valued at 1.52, compared to the broader market0.501.001.502.002.503.001.521.47
The chart of Calmar ratio for FDHY, currently valued at 2.21, compared to the broader market0.005.0010.0015.002.213.66
The chart of Martin ratio for FDHY, currently valued at 21.13, compared to the broader market0.0020.0040.0060.0080.00100.0021.1316.26
FDHY
^GSPC

The current Fidelity High Yield Factor ETF Sharpe ratio is 2.65. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Fidelity High Yield Factor ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.65
2.54
FDHY (Fidelity High Yield Factor ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity High Yield Factor ETF provided a 6.42% dividend yield over the last twelve months, with an annual payout of $3.14 per share.


3.00%3.50%4.00%4.50%5.00%5.50%6.00%6.50%$0.00$0.50$1.00$1.50$2.00$2.50$3.00$3.50201820192020202120222023
Dividends
Dividend Yield
PeriodTTM202320222021202020192018
Dividend$3.14$3.00$2.46$3.32$3.22$2.63$1.47

Dividend yield

6.42%6.26%5.34%6.09%5.78%4.94%3.07%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity High Yield Factor ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.26$0.27$0.26$0.27$0.27$0.27$0.25$0.26$0.25$0.26$0.00$2.61
2023$0.22$0.23$0.24$0.24$0.25$0.25$0.24$0.26$0.25$0.29$0.26$0.27$3.00
2022$0.18$0.20$0.19$0.20$0.20$0.20$0.21$0.20$0.22$0.22$0.22$0.23$2.46
2021$0.18$0.17$0.16$0.17$0.18$0.18$0.19$0.18$0.19$0.19$0.20$1.33$3.32
2020$0.19$0.18$0.20$0.22$0.22$0.21$0.21$0.22$0.19$0.21$0.18$1.01$3.22
2019$0.16$0.23$0.19$0.20$0.21$0.20$0.21$0.20$0.20$0.20$0.20$0.45$2.63
2018$0.12$0.23$0.22$0.22$0.22$0.21$0.25$1.47

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.32%
-0.88%
FDHY (Fidelity High Yield Factor ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity High Yield Factor ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity High Yield Factor ETF was 20.01%, occurring on Mar 23, 2020. Recovery took 53 trading sessions.

The current Fidelity High Yield Factor ETF drawdown is 0.32%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-20.01%Feb 19, 202024Mar 23, 202053Jun 8, 202077
-16.38%Dec 28, 2021188Sep 26, 2022373Mar 21, 2024561
-5.22%Oct 3, 201857Dec 24, 201817Jan 18, 201974
-3.08%Jun 9, 20203Jun 11, 202026Jul 20, 202029
-2.53%Nov 10, 202112Nov 26, 202119Dec 23, 202131

Volatility

Volatility Chart

The current Fidelity High Yield Factor ETF volatility is 0.96%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.96%
3.96%
FDHY (Fidelity High Yield Factor ETF)
Benchmark (^GSPC)