FDHY

Fidelity High Yield Factor ETF
*Unless otherwise stated, data provided by FactSet.

FDHY Fund Description

FDHY is an actively managed fund using a quantitative screen to select high-yield bonds issued by US and foreign corporations. The fund seeks a high level of income, and may also seek capital appreciation.

FDHY Factset Analytics Insight

FDHY is actively managed and is one of the first fixed income ETFs to incorporate a factor-based approach. The fund manager uses a quantitative model to screen over 1,000 high-yield bonds for value and quality metrics, using an index to guide the credit quality and risk characteristics of individual issues and the fund overall. The index is limited to higher-rated (B or BB) junk bonds, but FDHY is not necessarily constrained to these securities. The final selection is actively managed in order to optimize trading costs. FDHY does not target a specific duration.

FDHY MSCI ESG Analytics Insight

Fidelity High Yield Factor ETF has an MSCI ESG Fund Rating of BB based on a score of 4.02 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Fidelity High Yield Factor ETF ranks in the 11st percentile within its peer group and in the 46th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 07/29/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FDHY 0.58% 2.19% 2.12% 7.47% 8.41% -- --
FDHY (NAV) 0.61% 2.14% 2.53% 6.55% 8.43% -- --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FDHY Summary Data

Fidelity
06/12/18
Open-Ended Fund
0.45%
$268.22M
$1.50M
0.10%

FDHY Portfolio Data

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07/28/21
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FDHY Index Data

No Underlying Index
Proprietary
Proprietary
N/A

FDHY Portfolio Management

0.45%
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FDHY Tax Exposures

20.00% / 39.60%
0.17%
Ordinary income
No

FDHY Fund Structure

Open-Ended Fund
No
No
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N/A
N/A
Low
Daily

FDHY Factset Analytics Block Liquidity

As of 07/30/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FDHY. FDHY is rated a N/A out of 5.

FDHY Tradability

26,764
$1.50M
20,281
$1.14M
0.10%
$0.05
0.19%
1.09% / -0.60%
None
95.41%
50,000
0.62
0.02%
--
0
$55.94
N/A

FDHY Top 10 Holdings[View All]

2.37%
1.70%
1.69%
1.68%
1.43%
1.23%
1.22%
1.17%
1.16%
1.15%
14.80%

FDHY Performance Statistics

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FDHY MSCI ESG Ratings

4.02 / 10
46.42
10.60
6.44%
1.69%
263.43

FDHY Holdings Statistics

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FDHY Avg Life Maturity Distribution

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FDHY OAS Breakdown

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