Fidelity Sustainable High Yield ETF (FSYD)
The ETF primarily invests in high yield bonds from issuers with notable ESG practices.
ETF Info
| Issuer | Fidelity |
|---|---|
| Inception Date | Feb 15, 2022 |
| Category | High Yield Bonds |
| Index Tracked | No Index (Active) |
| Home Page | institutional.fidelity.com |
| Asset Class | Bond |
Expense Ratio
FSYD has a high expense ratio of 0.55%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: FSYD vs. voo
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Sustainable High Yield 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 Sustainable High Yield ETF had a return of 1.01% year-to-date (YTD) and 8.89% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.01% | 5.21% |
| 1 month | -0.63% | -4.30% |
| 6 months | 8.88% | 18.42% |
| 1 year | 8.89% | 21.82% |
| 5 years (annualized) | N/A | 11.27% |
| 10 years (annualized) | N/A | 10.33% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.33% | 0.19% | 1.49% | -1.35% | ||||||||
| 2023 | -1.48% | 4.52% | 3.89% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FSYD is 74, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Fidelity Sustainable High Yield ETF(FSYD)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Sustainable High Yield ETF (FSYD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Sustainable High Yield ETF granted a 6.72% dividend yield in the last twelve months. The annual payout for that period amounted to $3.10 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $3.10 | $3.12 | $2.35 |
Dividend yield | 6.72% | 6.70% | 5.29% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Sustainable High Yield 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 | $0.22 | $0.24 | $0.23 | $0.26 | ||||||||
| 2023 | $0.22 | $0.25 | $0.25 | $0.25 | $0.26 | $0.27 | $0.26 | $0.27 | $0.25 | $0.27 | $0.25 | $0.32 |
| 2022 | $0.30 | $0.21 | $0.21 | $0.23 | $0.22 | $0.22 | $0.22 | $0.23 | $0.24 | $0.28 |
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 Sustainable High Yield 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 Sustainable High Yield ETF was 12.11%, occurring on Sep 27, 2022. Recovery took 297 trading sessions.
The current Fidelity Sustainable High Yield ETF drawdown is 1.09%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.11% | Mar 3, 2022 | 144 | Sep 27, 2022 | 297 | Dec 1, 2023 | 441 |
| -2.45% | Mar 28, 2024 | 13 | Apr 16, 2024 | — | — | — |
| -1.75% | Dec 28, 2023 | 6 | Jan 5, 2024 | 13 | Jan 25, 2024 | 19 |
| -1.13% | Feb 2, 2024 | 8 | Feb 13, 2024 | 12 | Mar 1, 2024 | 20 |
| -0.55% | Mar 14, 2024 | 1 | Mar 14, 2024 | 3 | Mar 19, 2024 | 4 |
Volatility
Volatility Chart
The current Fidelity Sustainable High Yield ETF volatility is 1.54%, 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.