FDVVFidelity High Dividend ETF
FDVV Fund Description
FDVV tracks an index of large- and midcap companies that exhibit positive dividend characteristics, with overweights to sectors that exhibit higher dividend yield.
FDVV Factset Analytics Insight
FDVV invests in U.S. and developed international equities that exhibit high dividend yield, a low dividend payout ratio, and high dividend growth. The selection universe begins with 1,000 of the largest U.S. stocks and the largest 1,000 developed-market international stocks. These stocks are scored and selected according to their dividend yield, dividend payout ratio, and dividend growth. Sectors with higher overall dividend yield are given higher weight relative to sectors with lower dividend yield. Within each sector, each stock is weighted based on a modified market capitalization. FDVV invests mostly in U.S. stocks, with a 10% maximum on international stocks, as well as a 35% cap on any individual sector. Prior to November 9, 2017 the fund tracked the Fidelity Core Dividend Index.
FDVV MSCI ESG Analytics Insight
Fidelity High Dividend ETF has an MSCI ESG Fund Rating of AA based on a score of 7.40 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 Dividend ETF ranks in the 59th percentile within its peer group and in the 30th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FDVV MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
FDVV Portfolio Data
FDVV Index Data
FDVV Portfolio Management
FDVV Tax Exposures
FDVV Fund Structure
FDVV Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FDVV. FDVV is rated a 5 out of 5.
FDVV Economic Development
FDVV Performance Statistics
FDVV MSCI ESG Ratings
FDVV Benchmark Comparison Summary
FDVV Benchmark Comparison Market Cap Size