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

ETF Info

ISINUS3160926180
CUSIP316092618
IssuerFidelity
Inception DateJun 12, 2018
RegionDeveloped Markets (Broad)
CategoryHigh Yield Bonds, Actively Managed
Index TrackedNo Index (Active)
Home Pagescreener.fidelity.com
Asset ClassBond

Expense Ratio

The Fidelity High Yield Factor ETF has a high expense ratio of 0.45%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%0.45%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds to compare with FDHY

Fidelity High Yield Factor ETF

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

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.


20.00%30.00%40.00%50.00%60.00%70.00%80.00%90.00%OctoberNovemberDecember2024FebruaryMarch
33.22%
88.63%
FDHY (Fidelity High Yield Factor ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

Fidelity High Yield Factor ETF had a return of 1.77% year-to-date (YTD) and 11.72% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date1.77%10.04%
1 month1.38%3.53%
6 months9.09%22.79%
1 year11.72%32.16%
5 years (annualized)4.74%13.15%
10 years (annualized)N/A10.96%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20240.62%-0.17%
20230.24%-1.48%-0.99%4.61%3.03%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

This table presents risk-adjusted performance metrics for Fidelity High Yield Factor ETF (FDHY) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
FDHY
Fidelity High Yield Factor ETF
1.90
^GSPC
S&P 500
2.76

Sharpe Ratio

The current Fidelity High Yield Factor ETF Sharpe ratio is 1.90. A Sharpe ratio greater than 1.0 is considered acceptable.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00OctoberNovemberDecember2024FebruaryMarch
1.90
2.76
FDHY (Fidelity High Yield Factor ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity High Yield Factor ETF granted a 6.94% dividend yield in the last twelve months. The annual payout for that period amounted to $3.33 per share.


PeriodTTM202320222021202020192018
Dividend$3.33$3.00$2.46$3.32$3.22$2.63$1.47

Dividend yield

6.94%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.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.26$0.27
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
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
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
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
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
2018$0.12$0.23$0.22$0.22$0.22$0.21$0.25

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-0.01%
0
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 0.01%.


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 1.10%, 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%OctoberNovemberDecember2024FebruaryMarch
1.10%
2.82%
FDHY (Fidelity High Yield Factor ETF)
Benchmark (^GSPC)