Fidelity High Yield Factor ETFFDHY
FDHY
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
85% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 13
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
13% more capital invested
Capital invested by funds: $78.3M [Q2] → $88.5M (+$10.2M) [Q3]
5% more funds holding
Funds holding: 56 [Q2] → 59 (+3) [Q3]
0.66% more ownership
Funds ownership: 25.41% [Q2] → 26.07% (+0.66%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for FDHY.
Financial journalist opinion
Neutral
ETF Trends
3 weeks ago
5 ETF Articles That Broke Through in 2024
On this platform, VettaFi covers a wide range of ETF topics to keep advisors and investors informed. Thus far in 2024, we published more than 3,000 articles.
Positive
ETF Trends
1 month ago
Fidelity Launches 5 Active ETFs, Growing Enhanced & Fundamental Suites
Fidelity has launched five new active equity ETFs as demand for actively managed strategies continues to grow. On November 21, the firm launched Fidelity Enhanced U.S. All-Cap Equity ETF (FEAC), Fidelity Enhanced Emerging Markets ETF (FEMR), Fidelity Fundamental Developed International ETF (FFDI), Fidelity Fundamental Global ex-U.S. ETF (FFGX), and Fidelity Fundamental Emerging Markets ETF (FFEM).
Negative
Seeking Alpha
1 month ago
FDHY: Leading ETF In A Lagging Asset Class
Fidelity Enhanced High Yield ETF holds about 400 “junk bonds” selected with a factor-based methodology aiming to optimize the return and reduce default risk. The FDHY ETF has outperformed a high-yield bond benchmark and its largest competitors, providing a total return equivalent to a fallen angels fund. However, FDHY price return and distribution growth are lagging behind inflation.
Positive
ETF Trends
2 months ago
Fidelity Slashes Price on Its Active High Yield ETF
Fidelity Investments is making changes to its active high yield ETF, effectively lowering costs for investors. The fund's name changed from The Fidelity High Yield Factor ETF to the Fidelity Enhanced High Yield ETF on Oct. 10.
Neutral
Seeking Alpha
6 months ago
FDHY: Not The Time For Credit Risk
Bearish on credit risk, junk debt is mispriced relative to high-quality bonds. Fidelity High Yield Factor ETF offers exposure to high-yield corporate bonds with strong diversification and credit quality. FDHY ETF's actively managed structure and quantitative model may not guarantee outperformance, interest rate risk is a factor to consider.
Positive
Seeking Alpha
1 year ago
FDHY: 7.5% Yield, Monthly Dividend From An Outperforming Corporate Bond ETF
The Fidelity High Yield Factor ETF offers exposure to corporate bonds through an actively managed strategy. The fund has outperformed peer benchmarks historically. Narrowing credit spreads and a resilient economic backdrop highlight tailwinds for this market segment into 2024.
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