Fidelity High Dividend ETF Holds $8.65B AUM with 2.77% Yield, 0.15% Fee
Fidelity High Dividend ETF has gathered $8.65 billion since its 2016 launch, tracking the Fidelity Core Dividend Index with a 0.15% expense ratio and a 2.77% trailing dividend yield. Its top sectors—Information Technology (25.1%), Financials, and Consumer Staples—form over half the portfolio.
1. Fund Overview
Fidelity High Dividend ETF launched on September 12, 2016, and tracks the Fidelity Core Dividend Index targeting large and mid-cap high-dividend stocks within the All Cap Value style box. The fund has grown to $8.65 billion in assets under management.
2. Cost and Yield
FDVV carries an annual expense ratio of 0.15%, making it one of the lowest-cost smart beta dividend ETFs, and delivers a 12-month trailing dividend yield of 2.77%.
3. Sector and Holdings
The ETF allocates 25.1% to Information Technology, followed by Financials and Consumer Staples, with top individual holdings Nvidia Corp, Apple Inc, and Microsoft Corp. Its top 10 positions account for 33.89% of total assets.
4. Performance and Risk
Year-to-date returns stand at 4.27%, with a 17.41% gain over the past 12 months; the fund has traded between $43.60 and $59.90 over the last 52 weeks and maintains a beta of 0.88 with a 12.61% standard deviation.