ducovest

FDHY:NYE-Fidelity® High Yield Factor ETF (USD)

ETF | High Yield Bond |

Last Closing

USD 48.74

Change

0.00 (0.00)%

Market Cap

USD 0.35B

Volume

0.03M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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.

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-16 )

Largest Industry Peers for High Yield Bond

Symbol Name Price(Change) Market Cap
SHYG iShares 0-5 Year High Yield Co..

N/A

 USD 6.06B
SJNK SPDR® Bloomberg Short Term Hi..

N/A

 USD 4.82B
HYLB Xtrackers USD High Yield Corpo..

N/A

 USD 3.48B
HYGV FlexShares® High Yield Value-..

N/A

 USD 1.48B
HYS PIMCO 0-5 Year High Yield Corp..

N/A

 USD 1.38B
HYGH iShares Interest Rate Hedged H..

N/A

 USD 0.34B
HYDW Xtrackers Low Beta High Yield ..

N/A

 USD 0.33B
PHYL PGIM Active High Yield Bond ET..

N/A

 USD 0.17B
GHYB Goldman Sachs Access High Yiel..

N/A

 USD 0.15B
SHYL Xtrackers Short Duration High ..

N/A

 USD 0.11B

ETFs Containing FDHY

N/A

Market Performance

  Market Performance vs. Industry/Classification (High Yield Bond) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.70% 53% F 37% F
Dividend Return 5.45% 35% F 75% C
Total Return 7.15% 24% F 42% F
Trailing 12 Months  
Capital Gain 4.95% 71% C- 34% F
Dividend Return 6.75% 35% F 76% C+
Total Return 11.71% 41% F 40% F
Trailing 5 Years  
Capital Gain -8.12% 59% D- 35% F
Dividend Return 28.75% 71% C- 79% B-
Total Return 20.63% 71% C- 43% F
Average Annual (5 Year Horizon)  
Capital Gain -1.76% 41% F 25% F
Dividend Return 3.35% 76% C+ 38% F
Total Return 5.11% 82% B 84% B
Risk Return Profile  
Volatility (Standard Deviation) 8.81% 59% D- 83% B
Risk Adjusted Return 38.03% 71% C- 54% F
Market Capitalization 0.35B 62% D 44% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:

There is nothing we particularly dislike