Fidelity High Dividend Etf Profile
| FDVV Etf | USD 43.48 0.07 0.16% |
Performance7 of 100
| Odds Of DistressLess than 9
|
Fidelity High is selling for under 43.48 as of the 17th of April 2024; that is -0.16 percent decrease since the beginning of the trading day. The etf's lowest day price was 43.34. Fidelity High has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Fidelity High Dividend are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of March 2024 and ending today, the 17th of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of assets in securities included in the underlying index and in depository receipts representing securities included in the underlying index. Fidelity High is traded on NYSEARCA Exchange in the United States. More on Fidelity High Dividend
Moving together with Fidelity Etf
| 0.91 | VTV | Vanguard Value Index Sell-off Trend | PairCorr |
| 0.95 | VYM | Vanguard High Dividend | PairCorr |
| 0.94 | IWD | iShares Russell 1000 Sell-off Trend | PairCorr |
| 0.98 | DGRO | iShares Core Dividend | PairCorr |
| 0.93 | IVE | iShares SP 500 | PairCorr |
| 0.95 | DVY | iShares Select Dividend | PairCorr |
| 0.93 | SPYV | SPDR Portfolio SP Sell-off Trend | PairCorr |
Moving against Fidelity Etf
| 0.62 | YCL | ProShares Ultra Yen | PairCorr |
| 0.52 | FXY | Invesco CurrencyShares | PairCorr |
Fidelity Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Fidelity High's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fidelity High or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, High Dividend Yield ETFs, Large Value, Fidelity Investments (View all Sectors) |
| Issuer | Fidelity |
| Inception Date | 2016-09-15 |
| Benchmark | Fidelity High Dividend Index |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 278,063.4 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | High Dividend Yield |
| Market Concentration | Developed Markets |
| Region | Global |
| Administrator | State Street Bank and Trust Company |
| Advisor | Fidelity Management & Research Company LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | Fidelity Distributors Company LLC |
| Portfolio Manager | Deane Gyllenhaal, Louis Bottari, Peter Matthew, Robert Regan, Payal Gupta |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Jul |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 118 |
| Market Maker | Susquehanna |
| Total Expense | 0.29 |
| Management Fee | 0.29 |
| Country Name | USA |
| Returns Y T D | 3.87 |
| Name | Fidelity High Dividend ETF |
| Currency Code | USD |
| Open Figi | BBG00DR7RGC8 |
| In Threey Volatility | 17.07 |
| 1y Volatility | 13.91 |
| 200 Day M A | 41.3147 |
| 50 Day M A | 44.1738 |
| Code | FDVV |
| Updated At | 17th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.6 |
Fidelity High Dividend [FDVV] is traded in USA and was established 2016-09-12. The fund is listed under Large Value category and is part of Fidelity Investments family. The entity is thematically classified as Strategy ETFs. Fidelity High Dividend currently have 1.15 B in assets under management (AUM). , while the total return for the last 3 years was 9.4%.
Check Fidelity High Probability Of Bankruptcy
Geographic Allocation (%)
Fidelity High Dividend Currency Exposure
Fidelity High Dividend holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Fidelity High will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Fidelity High Dividend.
Top Fidelity High Dividend Etf Constituents
| CSCO | Cisco Systems | Stock | Information Technology |
| NEE | Nextera Energy | Stock | Utilities |
| INTC | Intel | Stock | Information Technology |
| MO | Altria Group | Stock | Consumer Staples |
| XOM | Exxon Mobil Corp | Stock | Energy |
| WMB | Williams Companies | Stock | Energy |
| WFC | Wells Fargo | Stock | Financials |
Fidelity High Target Price Odds Analysis
Depending on a normal probability distribution, the odds of Fidelity High jumping above the current price in 90 days from now is about 59.25%. The Fidelity High Dividend probability density function shows the probability of Fidelity High etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Fidelity High has a beta of 0.8732. This usually indicates Fidelity High Dividend market returns are correlated to returns on the market. As the market goes up or down, Fidelity High is expected to follow. Additionally, fidelity High Dividend has an alpha of 0.0129, implying that it can generate a 0.0129 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Fidelity High to move above the current price in 90 days from now is about 59.25 (This Fidelity High Dividend probability density function shows the probability of Fidelity Etf to fall within a particular range of prices over 90 days) .
Fidelity High Dividend Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fidelity High market risk premium is the additional return an investor will receive from holding Fidelity High long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity High. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Fidelity High's alpha and beta are two of the key measurements used to evaluate Fidelity High's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.063 | |||
| Jensen Alpha | 0.0129 | |||
| Total Risk Alpha | 0.0075 | |||
| Sortino Ratio | 0.0106 |
Fidelity High Against Markets
Picking the right benchmark for Fidelity High etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Fidelity High etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Fidelity High is critical whether you are bullish or bearish towards Fidelity High Dividend at a given time. Please also check how Fidelity High's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fidelity High without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Fidelity Etf?
Before investing in Fidelity High, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Fidelity High. To buy Fidelity High etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fidelity High. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Fidelity High etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Fidelity High Dividend etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Fidelity High Dividend etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Fidelity High Dividend, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Fidelity Etf please use our How to Invest in Fidelity High guide.
Already Invested in Fidelity High Dividend?
The danger of trading Fidelity High Dividend is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Fidelity High is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Fidelity High. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fidelity High Dividend is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Fidelity High Dividend is a strong investment it is important to analyze Fidelity High's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fidelity High's future performance. For an informed investment choice regarding Fidelity Etf, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity High Dividend. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of Fidelity High Dividend is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity High's value that differs from its market value or its book value, called intrinsic value, which is Fidelity High's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity High's market value can be influenced by many factors that don't directly affect Fidelity High's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity High's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.