FDHY

Fidelity® High Yield Factor ETF

ICE BofA BB-B US HY Constnd TR USD

NAV as of 19-Sep-2023

46.2770

4 Week: 46.29 - 46.67

52 Week: 44.19 - 48.00

Latest Closing Price

46.29

Premium / Discount

0.33

Expense Ratio

0.45%

Investment Objective

The investment seeks a high level of income. 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.

Main Fund Characteristics

Fund Manager:
Fidelity Investments
Asset Under Management:
289,357,226
Launch Date:
11/06/2018
Asset Class:
Fixed Income
Replication Method:
Not Applicable
Number of Holdings:
332
Trading Currency:
USD
Style:
Region/Sector/Strategy:
N.A / N.A / N.A
Exchange:
NYSE

Performance

Period Performance Returns(%) Volatility(%) Risk Adjusted Performance
YTD0.640.471.35
1 Day-0.080.000.00
1 Week-0.490.16-3.02
1 Month0.501.240.40
3 Months-0.452.81-0.16
6 Months0.964.420.22
1 Year1.169.130.13
2 Years-17.8113.78-1.29
3 Years-14.5514.65-0.99
5 Years-8.0621.39-0.38
10 Years0.000.000.00

Price History

-

Annual Performance Return

2013201420152016201720182019202020212022
Price (%) 0.00000.00000.00000.00000.00000.000018.080810.64294.6950-11.5808
Nav (%) 0.00000.00000.00000.00000.00000.00000.00000.00000.00000.0000
Rank 0.00000.00000.00000.00000.00000.00001.00004.000051.000069.0000

Dividend Frequency

Lastest Dividend

Ex Date Payment Date Dividend Payout per unit
N.A

Portfolio Data

Total Number of Holdings: 332

Number of Bond Holdings: 330

Number of Equity Holdings: 0

Total Market Value: 289,357,226

Portfolio Composition

Top 10 Holdings

% Portfolio Weight Shares Owned Shares Changed Market Value
1TransDigm, Inc. 6.25%1.95901,500,00001,603,508
2Brookfield Property Reit Inc/Bpr Cumulus Llc/Bpr N1.91501,500,00001,567,500
3United Rentals (North America), Inc. 3.88%1.85841,500,00001,521,180
4CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.381.63401,250,00001,337,500
5Go Daddy Operating Company LLC and GD Finance Co I1.47631,140,00001,208,400
61011778 B.C. Unlimited Liability Company / New Red1.34091,060,00001,097,545
7Live Nation Entertainment, Inc. 4.75%1.27281,000,00001,041,805
8Allied Universal Holdco LLC / Allied Universal Fin1.2361950,00001,011,750
9Ashtead Capital Incorporated 4%1.22931,000,00001,006,250
10Stericycle, Inc. 5.38%1.2083950,0000988,993

Country Exposure

Regional Exposure

America

Greater Europe

Greater Asia

Market Classification

Market Capitalization

Size% of portfolio
N.A

Equity Style Box Breakdown

000Large
000Mid
000Small
ValueBlendGrowth

Value Measures

Price/Prospective Earnings*

0.0000

Price/Book*

0.0000

Price/Sales*

0.0000

Price/Cash Flow*

0.0000

Dividend Yield*

0.0000

Growth Measures

Long-Term Earnings

0.0000

Historical Earnings

0.0000

Sales Growth

0.0000

Cash-Flow Growth

0.0000

Book-Value Growth

0.0000

*Forward-looking based on historical data.

Equity Sector

Number of Bond Holdings

330

Bond Statitics

DetailValue
Average Effective Duration0
Average Effective Maturity (Years)*0
Average Credit Quality15.00
Average Weighted Coupon*6.16
Average Weighted Price*92.43

Bond Style Box Breakdown

000HighQuality
000Med
000Low
LtdModExt
Interest-Rate Sensitivity

Credit Quality

Type% Bonds
AAA-0.01
AA0.00
A0.00
BBB3.95
BB46.00
B48.72
Below B1.34
Not Rated0.00

Bond Sector

Type
% Bonds

Bond Maturity

% Bonds
1 to 3 Years15.86
3 to 5 Years28.47
5 to 7 Years36.10
7 to 10 Years16.28
10 to 15 Years1.18
15 to 20 Years0.00
20 to 30 Years0.00
Over 30 Years0.00
1 to 7 Days0.00
8 to 30 Days0.00
31 to 90 Days0.00
91 to 182 Days0.04
183 to 364 Days0.00

Data Source: Morningstar

© 2019 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein:

(1) include the proprietary information of Morningstar and Morningstar’s third party licensors;
(2) may not be copied or redistributed except as specifically authorised;
(3) do not constitute investment advice;
(4) are provided solely for informational purposes;
(5) are not warranted to be complete, accurate or timely; and
(6) may be drawn from fund data published on various dates.

Morningstar and Phillip Securities Pte Ltd are not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.

For the most up-to-date fund’s data and information, a copy of the fund factsheet, information or prospectus may be obtained from the respective ETF issuer.

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