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

ETF | High Yield Bond |

Last Closing

USD 48.845

Change

+0.11 (+0.22)%

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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-18 )

Largest Industry Peers for High Yield Bond

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

+0.03 (+0.07%)

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

+0.02 (+0.08%)

USD 4.82B
HYLB Xtrackers USD High Yield Corpo..

+0.06 (+0.16%)

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

+0.06 (+0.15%)

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

+0.22 (+0.23%)

USD 1.38B
HYGH iShares Interest Rate Hedged H..

-0.02 (-0.02%)

USD 0.34B
HYDW Xtrackers Low Beta High Yield ..

+0.04 (+0.09%)

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

+0.06 (+0.16%)

USD 0.17B
GHYB Goldman Sachs Access High Yiel..

+0.04 (+0.09%)

USD 0.15B
SHYL Xtrackers Short Duration High ..

+0.03 (+0.06%)

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 1.92% 71% C- 37% F
Dividend Return 5.45% 35% F 75% C
Total Return 7.37% 24% F 42% F
Trailing 12 Months  
Capital Gain 5.12% 71% C- 35% F
Dividend Return 6.75% 35% F 76% C+
Total Return 11.87% 41% F 41% F
Trailing 5 Years  
Capital Gain -7.74% 59% D- 36% F
Dividend Return 28.81% 71% C- 79% B-
Total Return 21.08% 65% D 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