Fidelity High Yield Factor ETF (FDHY)
47.90
+0.26
(+0.56%)
USD |
NYSEARCA |
May 03, 16:00
47.88
-0.02
(-0.03%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.45% | 0.49% | 307.42M | 23762.50 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 6.51% | 84.00% | 21.67M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks a high level of income. The fund normally invests at least 80% of its assets in debt securities rated below investment grade (also referred to as high yield debt securities or junk bonds). The advisor uses the ICE® BofA® BB-B US High Yield Constrained Index as a guide in structuring the fund and selecting its investments as it relates to credit quality distribution and risk characteristics. The fund normally invests primarily in securities rated BB or B by S&P, Ba or B by Moody's, comparably rated by at least one nationally recognized credit rating agency, or, if unrated, considered by FMR to be of comparable quality. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | High Yield Bond |
| Category Index | ICE BofA US High Yield TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Corporate Bond - High Yield |
| Fund Owner Firm Name | Fidelity Investments |
| Prospectus Benchmark Index | |
| ICE BofA BB-B US HY Constnd TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Michael Cheng | 5.89 yrs |
| Alexandre Karam | 5.34 yrs |
| Benjamin Harrison | 2.33 yrs |
| Jared Beckerman | 0.33 yrs |
Performance Versus Category
As of May 03, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 03, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks a high level of income. The fund normally invests at least 80% of its assets in debt securities rated below investment grade (also referred to as high yield debt securities or junk bonds). The advisor uses the ICE® BofA® BB-B US High Yield Constrained Index as a guide in structuring the fund and selecting its investments as it relates to credit quality distribution and risk characteristics. The fund normally invests primarily in securities rated BB or B by S&P, Ba or B by Moody's, comparably rated by at least one nationally recognized credit rating agency, or, if unrated, considered by FMR to be of comparable quality. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | High Yield Bond |
| Category Index | ICE BofA US High Yield TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Corporate Bond - High Yield |
| Fund Owner Firm Name | Fidelity Investments |
| Prospectus Benchmark Index | |
| ICE BofA BB-B US HY Constnd TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Michael Cheng | 5.89 yrs |
| Alexandre Karam | 5.34 yrs |
| Benjamin Harrison | 2.33 yrs |
| Jared Beckerman | 0.33 yrs |