Fidelity High Dividend ETF (FDVV)
| Assets | $3.51B |
| Expense Ratio | 0.15% |
| PE Ratio | 12.73 |
| Shares Out | 70.80M |
| Dividend (ttm) | $1.42 |
| Dividend Yield | 2.84% |
| Ex-Dividend Date | Jun 21, 2024 |
| Payout Ratio | 36.18% |
| 1-Year Return | +24.99% |
| Volume | 322,010 |
| Open | 49.95 |
| Previous Close | 49.89 |
| Day's Range | 49.83 - 50.09 |
| 52-Week Low | 36.94 |
| 52-Week High | 50.15 |
| Beta | 1.04 |
| Holdings | 110 |
| Inception Date | Sep 12, 2016 |
About FDVV
Fund Home PageThe Fidelity High Dividend ETF (FDVV) is an exchange-traded fund that is based on the Fidelity High Dividend index. The fund tracks an index of large- and mid-cap companies that exhibit positive dividend characteristics, with overweights to sectors that exhibit higher dividend yield. FDVV was launched on Sep 12, 2016 and is issued by Fidelity.
Top 10 Holdings
30.19% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 5.67% |
| Apple Inc. | AAPL | 5.64% |
| Microsoft Corporation | MSFT | 5.48% |
| The Procter & Gamble Company | PG | 2.13% |
| Broadcom Inc. | AVGO | 2.06% |
| Philip Morris International Inc. | PM | 2.02% |
| Exxon Mobil Corporation | XOM | 1.90% |
| NextEra Energy, Inc. | NEE | 1.83% |
| PepsiCo, Inc. | PEP | 1.73% |
| Altria Group, Inc. | MO | 1.73% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 21, 2024 | $0.319 | Jun 25, 2024 |
| Mar 15, 2024 | $0.372 | Mar 20, 2024 |
| Dec 15, 2023 | $0.420 | Dec 20, 2023 |
| Sep 15, 2023 | $0.307 | Sep 20, 2023 |
| Jun 16, 2023 | $0.361 | Jun 22, 2023 |
| Mar 17, 2023 | $0.504 | Mar 22, 2023 |
News
FDVV: A Decent Fund That May Not Work For Income Investors
FDVV should have some appeal for growth investors because of the fund's balance and tech holdings. This Fidelity fund is unlikely to offer consistent or substantive income. FDVV should underperform as...
FDVV: A Strategic Blend Between Growth & Income
Fidelity's High Dividend ETF strikes a balance between income and price growth. This makes the fund versatile and can be utilized by investors both young or old. FDVV has outperformed many peer divide...
2 Questions to Ask When Investing in Dividend ETFs
Dividend ETFs often appeal to investors seeking reliable or elevated income opportunities. Before investing, advisors and investors should understand two core elements of dividend ETFs.
FDVV: A Dividend Fund That Doesn't Ditch Your Favorite Tech Stocks
Dividend investing is a successful strategy for investors of all sizes and sectors, providing long-term growth and recurring returns. Fidelity High Dividend ETF focuses on large dividend-paying compan...
FDVV: Different Is Not Always Better
Fidelity High Dividend ETF has underperformed the total return of the S&P 500 since inception.
FDVV: All-Weather Dividend ETF Yielding 2.88% Remains A Buy
Fidelity High Dividend ETF continues to perform well since my initial upgrade one year ago. The addition of low-yielding stocks like Apple and Nvidia contributes to the balanced approach I seek. The F...
FDVV: I Prefer This Dividend Fund Over SCHD Due To Tech Weight
Fidelity High Dividend ETF is an excellent dividend ETF alternative to the popular Schwab Dividend Equity ETF. The current dividend yield sits at 3.2% and the dividend has increased at a double-digit ...
Beyond The Rally: Why SCHD Remains My Top Pick Over FDVV
The FDVV ETF tracks the Fidelity High Dividend Index and has recently outperformed similar ETFs like SCHD and VYM. FDVV's investment strategy is questionable for its lax methodology and lack of focus ...
FDVV: Lack Of Clear Focus Makes This A Subpar Choice
The Fidelity High Dividend ETF, on the surface, focuses on large and mid-cap companies with attractive and growing dividends. It assesses investments based on dividend yield, payout ratio, and dividen...
FDVV: Good Dividend ETF, Sizable Tech Allocation, 3.3% Yield
FDVV is a dividend ETF focusing on U.S. equities. It offers investors a 3.3% yield, with reasonably good performance and sector exposure. While FDVV is a solid choice, it is not particularly unique no...
Very Good News For Dividend Stocks
Dividend stocks, including REITs and utilities, have underperformed in recent years. Rising interest rates and increasing costs of capital have contributed to the underperformance. The beginnings of a...
DGI ETF Investors: Don't Make These Common Mistakes When Screening
DGI investors buy companies with long histories of increasing dividend payments. The strategy works because it shifts investors' attention to regular income payments, meaning they'll stay invested for...
FDVV: Expected Yield Falls To 3%, But This Dividend ETF Nicely Balances Quality And Growth
Fidelity High Dividend ETF has performed well since I upgraded it to a buy in May 2023, outperforming SCHD by 5% and nearly keeping pace with broad-market ETFs like IWB and SPY.
FDVV: Fidelity Smart Beta ETF's Smart Sales Pitch Is One Investors Should Be Skeptical Of
Fidelity High Dividend ETF is part of Fidelity's smart beta approach to portfolio construction, targeting specific security characteristics. The ETF combines active and passive management to try to mi...
FDVV: Tech Focused Dividend ETF
Dividend-focused ETFs may underperform compared to the S&P, but they offer a reliable source of income for investors. Fidelity's High Dividend ETF primarily invests in US and international equities wi...
FDVV: A Best Performing High Div ETF Thanks To Its Higher Beta And Sector Selection
Dividend-paying stocks perform well in high inflation environments, with the Fidelity High Dividend ETF outperforming other high div ETFs. FDVV focuses on dividend yield and excludes stocks with high ...
FDVV: A Perfect ETF For Both Bull And Bear Markets
Fidelity High Dividend ETF is a solid investment for volatile market conditions due to its well-diversified portfolio and ability to perform well in both bull and bear markets. FDVV offers an above-av...
FDVV: Shrinking 3.25% Dividend Yield, But An Optimistic Outlook
FDVV selects approximately 100 securities based on a proprietary dividend yield, dividend growth, and dividend payout ratio screen. Fees are 0.29%, and the ETF manages $1.5 billion in assets. February...
Dividend Investing: Broader Is Better For Multi-Asset Strategies
Investing in dividend-paying stocks has proved to be a helpful strategy, outperforming global markets over the long term. Dividend income strategies play an important role for multi-asset income portf...
Taming Biases In High-Dividend Equity Strategies
Stocks paying higher dividends showed their mettle during a challenging 2022: the S&P 500 High Dividend Index declined only a modest –1.1% even as the S&P 500 tumbled –18.1%. In our view, much of the ...
FDVV: A Well-Diversified Dividend ETF
FDVV is a dividend fund by Fidelity, well-diversified across sectors and holdings. Valuation ratios look attractive, and quality is a bit superior to the benchmark.
FDVV: Invest In Dividend Safety In A High-Interest Rate Environment
Inflation and recession fears are making investors seek safe havens such as high-quality dividend-paying stocks. Fidelity High Dividend ETF gives exposure to numerous high-quality dividend-paying stoc...
FDVV: A Barbell Dividend ETF Yielding 3.44% Worth Waiting For
FDVV is a high-dividend ETF with a 3.44% trailing dividend yield. Its expense ratio is 0.29% and has $1.34 billion in assets under management. Fidelity's model is proprietary, but it appears to take a...
Fidelity High Dividend ETF: Energy Centric Income
The Fidelity "High Dividend" ETF has a TTM distribution yield of 3.96%. I wouldn't exactly call that "high yield" considering the current two-year Treasury is yielding ~4.5%. However, that is not nece...