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 |
Index Tracked | No Index (Active) |
Home Page | screener.fidelity.com |
Asset Class | Bond |
Expense Ratio
The Fidelity High Yield Factor ETF has a high expense ratio of 0.45%, indicating higher-than-average management fees.
Share Price Chart
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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 1.77% year-to-date (YTD) and 11.72% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 1.77% | 10.04% |
1 month | 1.38% | 3.53% |
6 months | 9.09% | 22.79% |
1 year | 11.72% | 32.16% |
5 years (annualized) | 4.74% | 13.15% |
10 years (annualized) | N/A | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.62% | -0.17% | ||||||||||
2023 | 0.24% | -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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Fidelity High Yield Factor ETF | 1.90 | ||||
S&P 500 | 2.76 |
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.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
---|---|---|---|---|---|---|---|
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.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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.
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, 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 1.10%, 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.