Fidelity Dynamic Buffered Equity ETF (FBUF)

Assets	$19.35M
Expense Ratio	0.48%
PE Ratio	24.55
Shares Out	650,000
Dividend (ttm)	$0.20
Dividend Yield	0.64%
Ex-Dividend Date	Dec 19, 2025
Payout Frequency	Quarterly
Payout Ratio	15.75%

Volume	769
Open	30.91
Previous Close	30.94
Day's Range	30.91 - 31.05
52-Week Low	23.52
52-Week High	31.68
Beta	n/a
Holdings	164
Inception Date	Apr 9, 2024

About FBUF

Fund Home Page

The Fidelity Dynamic Buffered Equity ETF (FBUF) is an exchange-traded fund that mostly invests in downside hedge alternatives. The fund actively invests in US and non-US large-cap stocks based on a proprietary, quantitative process. The fund utilizes a dynamic options collar strategy for downside protection. FBUF was launched on Apr 9, 2024 and is issued by Fidelity.

• Asset Class: Alternatives
• Category: Equity Hedged
• Region: North America
• Stock Exchange: BATS
• Ticker Symbol: FBUF
• ETF Provider: Fidelity

Top 10 Holdings

38.51% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	7.74%
Apple Inc.	AAPL	6.89%
Microsoft Corporation	MSFT	5.01%
Amazon.com, Inc.	AMZN	3.92%
Broadcom Inc.	AVGO	3.12%
Alphabet Inc.	GOOGL	2.92%
Meta Platforms, Inc.	META	2.60%
Alphabet Inc.	GOOG	2.14%
Fidelity Cash Central Fund	n/a	2.12%
Berkshire Hathaway Inc.	BRK.B	2.04%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$0.043	Dec 23, 2025
Sep 19, 2025	$0.042	Sep 23, 2025
Jun 20, 2025	$0.058	Jun 24, 2025
Mar 21, 2025	$0.056	Mar 25, 2025
Dec 20, 2024	$0.056	Dec 24, 2024
Sep 20, 2024	$0.049	Sep 24, 2024

Performance

FBUF had a total return of 15.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.91%.