Fidelity High Yield Factor ETF (FDHY)
FDHY is an actively managed ETF by Fidelity. FDHY launched on Jun 12, 2018 and has a 0.45% expense ratio.
ETF Info
| ISIN | US3160926180 |
|---|---|
| CUSIP | 316092618 |
| Issuer | Fidelity |
| Inception Date | Jun 12, 2018 |
| Region | Developed Markets (Broad) |
| Category | High Yield Bonds, Actively Managed |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Home Page | screener.fidelity.com |
| Asset Class | Bond |
Expense Ratio
FDHY features an expense ratio of 0.45%, falling within the medium range.
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. SPY, FDHY vs. FBND, 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.
Returns By Period
Fidelity High Yield Factor ETF had a return of 7.65% year-to-date (YTD) and 12.41% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.65% | 25.48% |
| 1 month | 0.52% | 2.14% |
| 6 months | 4.66% | 12.76% |
| 1 year | 12.41% | 33.14% |
| 5 years (annualized) | 4.57% | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.62% | -0.17% | 1.35% | -0.86% | 1.30% | 0.79% | 2.00% | 1.54% | 1.23% | -1.38% | 7.65% | ||
| 2023 | 3.29% | -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% |
| 2019 | 4.59% | 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% |
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.
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.
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.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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 0.36%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -20.01% | Feb 19, 2020 | 24 | Mar 23, 2020 | 53 | Jun 8, 2020 | 77 |
| -16.38% | Dec 28, 2021 | 188 | Sep 26, 2022 | 373 | Mar 21, 2024 | 561 |
| -5.22% | Oct 3, 2018 | 57 | Dec 24, 2018 | 17 | Jan 18, 2019 | 74 |
| -3.08% | Jun 9, 2020 | 3 | Jun 11, 2020 | 26 | Jul 20, 2020 | 29 |
| -2.53% | Nov 10, 2021 | 12 | Nov 26, 2021 | 19 | Dec 23, 2021 | 31 |
Volatility
Volatility Chart
The current Fidelity High Yield Factor ETF volatility is 1.09%, 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.