Fidelity High Dividend Etf Profile
| FDVV Etf | USD 52.13 0.39 0.75% |
Performance10 of 100
| Odds Of DistressLess than 9
|
Fidelity High is selling for under 52.13 as of the 22nd of November 2024; that is 0.75 percent increase since the beginning of the trading day. The etf's lowest day price was 51.63. Fidelity High has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Fidelity High Dividend are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of assets in securities included in the underlying index and in depository receipts representing securities included in the underlying index. Fidelity High is traded on NYSEARCA Exchange in the United States. More on Fidelity High Dividend
Moving together with Fidelity Etf
| 0.97 | VTV | Vanguard Value Index | PairCorr |
| 0.98 | VYM | Vanguard High Dividend | PairCorr |
| 0.97 | IWD | iShares Russell 1000 | PairCorr |
| 0.97 | DGRO | iShares Core Dividend | PairCorr |
| 0.96 | IVE | iShares SP 500 | PairCorr |
| 0.92 | DVY | iShares Select Dividend | PairCorr |
Moving against Fidelity Etf
Fidelity Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | High Dividend Yield ETFs, Strategy ETFs, Large Value, Fidelity Investments (View all Sectors) |
| Issuer | Fidelity |
| Inception Date | 2016-09-15 |
| Benchmark | Fidelity High Dividend Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 4.2 Billion |
| Average Trading Valume | 474,969.3 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | High Dividend Yield |
| Market Concentration | Developed Markets |
| Region | Global |
| Administrator | State Street Bank and Trust Company |
| Advisor | Fidelity Management & Research Company LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | Fidelity Distributors Company LLC |
| Portfolio Manager | Deane Gyllenhaal, Louis Bottari, Peter Matthew, Robert Regan, Payal Gupta |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Jul |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 122 |
| Market Maker | Susquehanna |
| Total Expense | 0.15 |
| Management Fee | 0.15 |
| Country Name | USA |
| Returns Y T D | 24.99 |
| Name | Fidelity High Dividend ETF |
| Currency Code | USD |
| Open Figi | BBG00DR7RGC8 |
| In Threey Volatility | 17.09 |
| 1y Volatility | 9.96 |
| 200 Day M A | 47.4351 |
| 50 Day M A | 50.8964 |
| Code | FDVV |
| Updated At | 22nd of November 2024 |
| Currency Name | US Dollar |
Fidelity High Dividend [FDVV] is traded in USA and was established 2016-09-12. The fund is listed under Large Value category and is part of Fidelity Investments family. The entity is thematically classified as High Dividend Yield ETFs. Fidelity High Dividend currently have 1.15 B in assets under management (AUM). , while the total return for the last 3 years was 13.4%.
Check Fidelity High Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity High Dividend Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Fidelity High Dividend Currency Exposure
Fidelity High Dividend holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Fidelity High will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Fidelity High Dividend.
Top Fidelity High Dividend Etf Constituents
| CSCO | Cisco Systems | Stock | Information Technology | |
| NEE | Nextera Energy | Stock | Utilities | |
| INTC | Intel | Stock | Information Technology | |
| MO | Altria Group | Stock | Consumer Staples | |
| XOM | Exxon Mobil Corp | Stock | Energy | |
| WMB | Williams Companies | Stock | Energy | |
| WFC | Wells Fargo | Stock | Financials | |
| PM | Philip Morris International | Stock | Consumer Staples |
Fidelity High Dividend Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity High. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.112 | |||
| Jensen Alpha | 0.016 | |||
| Total Risk Alpha | 0.002 | |||
| Sortino Ratio | (0.04) |
Fidelity High Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity High Dividend. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of Fidelity High Dividend is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity High's value that differs from its market value or its book value, called intrinsic value, which is Fidelity High's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity High's market value can be influenced by many factors that don't directly affect Fidelity High's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity High's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.