Fidelity High Dividend ETF (FDVV)
FDVV is a passive ETF by Fidelity tracking the investment results of the Fidelity Core Dividend Index. FDVV launched on Sep 12, 2016 and has a 0.29% expense ratio.
ETF Info
| ISIN | US3160928400 |
|---|---|
| CUSIP | 316092840 |
| Issuer | Fidelity |
| Inception Date | Sep 12, 2016 |
| Region | North America (U.S.) |
| Category | Large Cap Blend Equities, Dividend |
| Leveraged | 1x |
| Index Tracked | Fidelity Core Dividend Index |
| Home Page | screener.fidelity.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
FDVV features an expense ratio of 0.29%, 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: FDVV vs. SCHD, FDVV vs. VYM, FDVV vs. FDRR, FDVV vs. VOO, FDVV vs. SPYD, FDVV vs. FDLO, FDVV vs. FGRIX, FDVV vs. FDL, FDVV vs. DJD, FDVV vs. NOBL
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity High Dividend 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 Dividend ETF had a return of 16.19% year-to-date (YTD) and 24.50% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 16.19% | 13.39% |
| 1 month | 3.95% | 4.02% |
| 6 months | 10.40% | 5.56% |
| 1 year | 24.50% | 21.51% |
| 5 years (annualized) | 14.07% | 12.69% |
| 10 years (annualized) | N/A | 10.55% |
Monthly Returns
The table below presents the monthly returns of FDVV, 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 | 1.21% | 2.29% | 4.39% | -2.54% | 5.96% | 0.65% | 4.13% | 2.89% | 16.19% | ||||
| 2023 | 6.14% | -3.18% | 0.70% | 1.89% | -2.73% | 6.26% | 4.40% | -1.83% | -4.53% | -2.33% | 7.61% | 5.29% | 18.00% |
| 2022 | 0.37% | -1.43% | 5.29% | -6.44% | 3.26% | -9.71% | 7.04% | -3.04% | -10.52% | 10.21% | 7.72% | -4.38% | -4.21% |
| 2021 | 0.03% | 4.92% | 6.32% | 3.88% | 2.55% | 0.26% | 1.09% | 1.57% | -3.54% | 5.30% | -1.69% | 5.77% | 29.24% |
| 2020 | -0.80% | -10.00% | -19.80% | 13.18% | 2.78% | 2.51% | 1.74% | 5.34% | -3.70% | -2.78% | 14.11% | 5.16% | 2.80% |
| 2019 | 7.73% | 1.19% | 1.98% | 2.00% | -7.13% | 5.83% | 1.65% | -2.88% | 4.08% | 1.52% | 2.59% | 4.01% | 24.07% |
| 2018 | 3.97% | -2.95% | -1.78% | 1.98% | 1.85% | 1.09% | 3.07% | 2.48% | -0.06% | -3.69% | 1.93% | -8.45% | -1.26% |
| 2017 | 0.73% | 2.47% | 0.01% | -0.07% | 0.11% | 1.01% | 0.84% | -0.98% | 2.28% | 1.51% | 3.48% | 1.85% | 13.96% |
| 2016 | 1.35% | -2.67% | 5.12% | 1.31% | 5.05% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FDVV is 88, placing it in the top 12% 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 Dividend ETF (FDVV) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity High Dividend ETF granted a 2.93% dividend yield in the last twelve months. The annual payout for that period amounted to $1.42 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.42 | $1.59 | $1.28 | $1.09 | $1.03 | $1.28 | $1.11 | $1.04 | $0.27 |
Dividend yield | 2.93% | 3.77% | 3.44% | 2.70% | 3.19% | 3.93% | 4.05% | 3.63% | 1.04% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity High Dividend 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 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.00 | $0.69 | |||
| 2023 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.42 | $1.59 |
| 2022 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.19 | $1.28 |
| 2021 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.21 | $1.09 |
| 2020 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.23 | $1.03 |
| 2019 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.25 | $1.28 |
| 2018 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.25 | $1.11 |
| 2017 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.30 | $1.04 |
| 2016 | $0.27 | $0.27 |
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 Dividend 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 Dividend ETF was 40.25%, occurring on Mar 23, 2020. Recovery took 200 trading sessions.
The current Fidelity High Dividend ETF drawdown is 3.45%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -40.25% | Feb 18, 2020 | 25 | Mar 23, 2020 | 200 | Jan 6, 2021 | 225 |
| -20.18% | Mar 30, 2022 | 128 | Sep 30, 2022 | 194 | Jul 12, 2023 | 322 |
| -15.04% | Sep 24, 2018 | 64 | Dec 24, 2018 | 66 | Apr 1, 2019 | 130 |
| -10.01% | Jul 27, 2023 | 66 | Oct 27, 2023 | 32 | Dec 13, 2023 | 98 |
| -9.08% | Jan 29, 2018 | 9 | Feb 8, 2018 | 104 | Jul 10, 2018 | 113 |
Volatility
Volatility Chart
The current Fidelity High Dividend ETF volatility is 3.95%, 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.