Key stats
About Fidelity Enhanced High Yield ETF
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Inception date
Jun 12, 2018
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Corp.
ISIN
US3160926180
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. Prior to October 10, 2024, the fund was named Fidelity High Yield Factor ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate98.12%
Cash1.88%
Stock breakdown by region
North America87.69%
Europe9.31%
Oceania2.11%
Africa0.63%
Asia0.27%
Latin America0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FDHY last dividends amounted to 0.27 USD. The month before, the issuer paid 0.27 USD in dividends, which shows a 0.73% increase.
FDHY assets under management is 419.08 M USD. It's risen 1.65% over the last month.
FDHY fund flows account for 83.42 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FDHY pays dividends to its holders with the dividend yield of 6.58%. The last dividend (Sep 2, 2025) amounted to 0.27 USD. The dividends are paid monthly.
FDHY shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Jun 12, 2018, and its management style is Active.
FDHY expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
FDHY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FDHY invests in bonds.
FDHY price has risen by 0.90% over the last month, and its yearly performance shows a 0.41% increase. See more dynamics on FDHY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.33% over the last month, showed a 3.58% increase in three-month performance and has increased by 7.72% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.33% over the last month, showed a 3.58% increase in three-month performance and has increased by 7.72% in a year.
FDHY trades at a premium (0.28%) meaning the ETF is trading at a higher price than the calculated NAV.