Key stats
About FIDELITY U S HIGH DIVID US HIGH DIVDEND INDEX ETF SR L UNITS
Expense ratio
0.38%
Home page
Inception date
Sep 13, 2018
The fund fund-of-funds is passively managed to provide exposure to large- and midcap US dividend-paying stocks that are expected to continue to pay and grow their dividends. The fund employs a smart beta investment and rules-based proprietary index methodology, to provide investors with exposure to targeted strategic factors. The starting universe is composed of the largest 1,000 US stocks. Stocks are screened further based on their composite factor score based on dividend yield, payout ratio, and dividend growth. Size bias is removed by blending the composite score with a size factor. Within each sector, securities are selected based on the size-adjusted composite score. Between 60 to 100 stocks are selected, and groups with higher dividend yields are given more weight. The index is rebalanced annually.
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
Electronic Technology
Finance
Consumer Non-Durables
Utilities
Stocks99.95%
Electronic Technology18.49%
Finance16.28%
Consumer Non-Durables12.69%
Utilities11.32%
Energy Minerals8.99%
Technology Services8.00%
Process Industries5.85%
Health Technology4.58%
Non-Energy Minerals4.08%
Retail Trade2.60%
Consumer Services1.92%
Commercial Services1.83%
Producer Manufacturing1.33%
Health Services0.72%
Transportation0.52%
Communications0.51%
Consumer Durables0.24%
Bonds, Cash & Other0.05%
Cash0.02%
Futures0.02%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history