- ISIN
- US3160928400
- CUSIP
- 316092840
- Issuer
- Fidelity
- Inception Date
- Sep 12, 2016
- Region
- North America (U.S.)
- Category
- Large Cap Blend Equities, Dividend
- Leveraged
- 1x (No leverage)
- Index Tracked
- Fidelity Core Dividend Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $10B
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
FDVV Performance Chart
Fidelity High Dividend ETF (FDVV) is up 8.3% since the beginning of the year. FDVV is currently trading at $60 per share. Investors who bought $1,000 worth of FDVV shares 5 years ago would now be looking at an investment worth $1,909.
Loading charts...
Returns By Period
Fidelity High Dividend ETF (FDVV) has returned 8.30% so far this year and 22.58% over the past 12 months.
Fidelity High Dividend ETF
- 1D
- -0.33%
- 1M
- 0.35%
- YTD
- 8.30%
- 6M
- 8.41%
- 1Y
- 22.58%
- 3Y*
- 19.87%
- 5Y*
- 13.81%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FDVV Monthly Returns History
Based on dividend-adjusted daily data since Sep 15, 2016, FDVV's average daily return is +0.06%, while the average monthly return is +1.16%. At this rate, an investment would double in approximately 5.0 years.
Historically, 70% of months were positive and 30% were negative. The best month was Nov 2020 with a return of +14.1%, while the worst month was Mar 2020 at -19.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FDVV closed higher 55% of trading days. The best single day was Mar 13, 2020 with a return of +9.1%, while the worst single day was Mar 12, 2020 at -11.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.56% | 1.51% | -5.66% | 6.93% | 4.35% | -1.19% | 8.30% | ||||||
| 2025 | 1.12% | 1.82% | -2.73% | -3.27% | 4.69% | 4.48% | 2.90% | 3.06% | 1.67% | 0.50% | 1.82% | 0.14% | 17.08% |
| 2024 | 1.21% | 2.29% | 4.39% | -2.54% | 5.96% | 0.65% | 4.13% | 2.89% | 1.66% | -0.59% | 4.53% | -4.19% | 21.81% |
| 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% |
Benchmark Metrics
Fidelity High Dividend ETF has an annualized alpha of 1.50%, beta of 0.87, and R2 of 0.86 versus S&P 500 Index. Calculated based on daily prices since September 15, 2016.
- This ETF participated in 94.55% of S&P 500 Index downside but only 94.38% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.87 and R2 of 0.86, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.50%
- Beta
- 0.87
- R²
- 0.86
- Upside Capture
- 94.38%
- Downside Capture
- 94.55%
Expense Ratio
FDVV has an expense ratio of 0.29%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FDVV ranks 65 for risk / return — better than 65% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity High Dividend ETF (FDVV) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FDVV | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.37 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.44 | 2.78 | -0.35 |
| Martin ratioReturn relative to average drawdown | 10.09 | 12.44 | -2.35 |
Dividends
Dividend History
Fidelity High Dividend ETF provided a 2.86% dividend yield over the last twelve months, with an annual payout of $1.73 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.73 | $1.64 | $1.47 | $1.59 | $1.28 | $1.09 | $1.03 | $1.28 | $1.11 | $1.05 | $0.27 |
Dividend yield | 2.86% | 2.89% | 2.94% | 3.77% | 3.44% | 2.70% | 3.19% | 3.93% | 4.05% | 3.66% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.52 | $0.96 | ||||||
| 2025 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.39 | $1.64 |
| 2024 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.48 | $1.47 |
| 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 |
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.
Loading charts...
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 1.39%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -40.25%Mar 2020 | 1mo 4d | 9mo 19d | 10mo 23dFeb 2020 - Jan 2021 |
Bear market2022 | -20.18%Sep 2022 | 6mo 4d | 9mo 15d | 1y 3moMar 2022 - Jul 2023 |
2025 selloff2025 | -15.90%Apr 2025 | 1mo 16d | 2mo 17d | 4mo 3dFeb 2025 - Jun 2025 |
Rate-hike selloffLate 2018 | -15.04%Dec 2018 | 3mo 1d | 3mo 8d | 6mo 9dSep 2018 - Apr 2019 |
2023 correction2023 | -10.01%Oct 2023 | 3mo 2d | 1mo 17d | 4mo 19dJul 2023 - Dec 2023 |
Drawdown Indicators
| FDVV | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.25% | -56.78% | +16.53% |
Max Drawdown (1Y)Largest decline over 1 year | -9.30% | -9.10% | -0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -15.90% | -18.90% | +3.00% |
Max Drawdown (5Y)Largest decline over 5 years | -20.18% | -25.43% | +5.25% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.39% | -1.80% | +0.41% |
Average DrawdownAverage peak-to-trough decline | -3.79% | -10.71% | +6.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.24% | 2.03% | +0.21% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FDVV
Add Fidelity High Dividend ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with FDVV