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Fidelity High Dividend ETF (FDVV)

ETF · Currency in USD · Last updated Aug 13, 2022

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

ISINUS3160928400
CUSIP316092840
IssuerFidelity
Inception DateSep 12, 2016
RegionNorth America (U.S.)
CategoryLarge Cap Blend Equities, Dividend
Expense Ratio0.29%
Index TrackedFidelity Core Dividend Index
ETF Home Pagescreener.fidelity.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Trading Data

Previous Close$39.72
Year Range$34.91 - $41.80
EMA (50)$37.74
EMA (200)$38.05
Average Volume$183.97K

FDVVShare Price Chart


Chart placeholderClick Calculate to get results

FDVVPerformance

The chart shows the growth of $10,000 invested in Fidelity High Dividend ETF in Sep 2016 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $19,575 for a total return of roughly 95.75%. All prices are adjusted for splits and dividends.


-15.00%-10.00%-5.00%0.00%5.00%MarchAprilMayJuneJulyAugust
1.39%
-2.76%
FDVV (Fidelity High Dividend ETF)
Benchmark (^GSPC)

FDVVReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M10.52%12.08%
6M-0.34%-4.97%
YTD0.45%-10.20%
1Y6.08%-3.65%
5Y12.50%11.89%
10Y12.06%12.40%

FDVVMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20220.37%-1.43%5.29%-6.44%3.26%-9.71%7.04%3.28%
20210.03%4.92%6.32%3.88%2.55%0.26%1.09%1.57%-3.54%5.30%-1.69%5.77%
2020-0.80%-10.00%-19.80%13.18%2.78%2.51%1.74%5.34%-3.70%-2.78%14.11%5.17%
20197.73%1.19%1.98%2.00%-7.13%5.83%1.65%-2.88%4.08%1.52%2.59%4.01%
20183.97%-2.95%-1.78%1.98%1.85%1.09%3.07%2.48%-0.06%-3.69%1.93%-8.45%
20170.73%2.47%0.01%-0.07%0.11%1.01%0.84%-0.98%2.28%1.51%3.48%1.85%
20161.35%-2.67%5.12%1.31%

FDVVSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Fidelity High Dividend ETF Sharpe ratio is 0.35. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-0.500.000.501.001.502.00MarchAprilMayJuneJulyAugust
0.35
-0.20
FDVV (Fidelity High Dividend ETF)
Benchmark (^GSPC)

FDVVDividend History

Fidelity High Dividend ETF granted a 3.17% dividend yield in the last twelve months. The annual payout for that period amounted to $1.26 per share.


PeriodTTM202120202019201820172016
Dividend$1.26$1.09$1.03$1.28$1.11$1.04$0.27

Dividend yield

3.17%2.75%3.35%4.29%4.61%4.29%1.28%

FDVVDrawdowns Chart

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


-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugust
-4.98%
-10.77%
FDVV (Fidelity High Dividend ETF)
Benchmark (^GSPC)

FDVVWorst Drawdowns

The table below shows the maximum drawdowns of the Fidelity High Dividend ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Fidelity High Dividend ETF is 40.25%, recorded on Mar 23, 2020. It took 200 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-40.25%Feb 18, 202025Mar 23, 2020200Jan 6, 2021225
-16.49%Mar 30, 202256Jun 17, 2022
-15.04%Sep 24, 201864Dec 24, 201866Apr 1, 2019130
-9.08%Jan 29, 20189Feb 8, 2018104Jul 10, 2018113
-7.13%May 1, 201922May 31, 201923Jul 3, 201945
-5.84%Jan 13, 202228Feb 23, 202219Mar 22, 202247
-5.68%Jul 30, 201912Aug 14, 201919Sep 11, 201931
-5.01%Sep 23, 201631Nov 4, 201610Nov 18, 201641
-4.32%Nov 16, 202111Dec 1, 20217Dec 10, 202118
-4.26%Sep 3, 202111Sep 20, 202119Oct 15, 202130

FDVVVolatility Chart

Current Fidelity High Dividend ETF volatility is 14.34%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%MarchAprilMayJuneJulyAugust
14.34%
16.68%
FDVV (Fidelity High Dividend ETF)
Benchmark (^GSPC)