Symbols

FDVV

Fidelity High Dividend ETF·NYSE

--(--)

Key Stats

Assets Under Management

8.73BUSD

Fund Flows (1Y)

2.95BUSD

Dividend Yield

2.74%

Discount/Premium to NAV

0.04%

Shares Outstanding

146.20M

Expense Ratio

0.16%

About Fidelity High Dividend ETF

Issuer

Fidelity Management & Research Company LLC

Brand

Fidelity

Home Page

https://institutional.fidelity.com/prgw/digital/research/quote/dashboard/summary?symbol=FDVV

Inception Date

Sep 12, 2016

Structure

Open-Ended Fund

Index Tracked

Fidelity High Dividend Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

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.

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.