Fidelity Sustainable High Yield ETF
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
7.2%
1 yr return
13.2%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$20.8 M
Holdings in Top 10
15.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.55%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FSYD - Profile
Distributions
- YTD Total Return 7.2%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 6.5%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFidelity Sustainable High Yield ETF
-
Fund Family NameFidelity Group of Funds
-
Inception DateFeb 17, 2022
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrian Chang
Fund Description
FSYD - Performance
Return Ranking - Trailing
Period | FSYD Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.2% | -39.9% | 6.2% | N/A |
1 Yr | 13.2% | -22.1% | 21.3% | N/A |
3 Yr | N/A* | -14.2% | 66.8% | N/A |
5 Yr | N/A* | -13.6% | 37.2% | N/A |
10 Yr | N/A* | -9.3% | 16.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | FSYD Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.7% | -44.3% | 3.7% | N/A |
2022 | N/A | -56.9% | 9.2% | N/A |
2021 | N/A | -53.7% | 70.9% | N/A |
2020 | N/A | -33.7% | 5.1% | N/A |
2019 | N/A | -9.4% | 12.0% | N/A |
Total Return Ranking - Trailing
Period | FSYD Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.2% | -39.9% | 6.2% | N/A |
1 Yr | 13.2% | -22.1% | 22.2% | N/A |
3 Yr | N/A* | -14.2% | 66.8% | N/A |
5 Yr | N/A* | -13.6% | 37.2% | N/A |
10 Yr | N/A* | -9.3% | 16.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FSYD Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.2% | -44.3% | 3.7% | N/A |
2022 | N/A | -56.9% | 9.2% | N/A |
2021 | N/A | -53.7% | 70.9% | N/A |
2020 | N/A | -33.7% | 5.1% | N/A |
2019 | N/A | -9.4% | 12.0% | N/A |
FSYD - Holdings
Concentration Analysis
FSYD | Category Low | Category High | FSYD % Rank | |
---|---|---|---|---|
Net Assets | 20.8 M | 1.47 M | 26.2 B | 97.83% |
Number of Holdings | 356 | 2 | 2736 | 80.13% |
Net Assets in Top 10 | 3.14 M | -492 M | 2.55 B | 94.21% |
Weighting of Top 10 | 15.10% | 3.0% | 100.0% | 22.32% |
Top 10 Holdings
- HOWARD HUGHES CORP 4.375% 02/01/2031 144A 1.72%
- BLOCK INC 3.5% 06/01/2031 1.70%
- COVANTA HLDG CORP 4.875% 12/01/2029 144A 1.60%
- AECOM 5.125% 03/15/2027 1.60%
- TENET HEALTHCARE CORP 6.125% 10/01/2028 1.48%
- YUM BRANDS INC 4.625% 01/31/2032 1.47%
- BRAND INDUSTRIAL SERVICES INC 10.375% 08/01/2030 144A 1.43%
- STERICYCLE INC 3.875% 01/15/2029 144A 1.40%
- BERRY GLOBAL INC 5.625% 07/15/2027 144A 1.38%
- ARTERA SERVICES LLC 8.5% 02/15/2031 144A 1.33%
Asset Allocation
Weighting | Return Low | Return High | FSYD % Rank | |
---|---|---|---|---|
Bonds | 97.77% | 0.00% | 154.38% | 36.70% |
Preferred Stocks | 1.05% | 0.00% | 14.10% | 18.82% |
Cash | 0.89% | -52.00% | 100.00% | 56.58% |
Stocks | 0.70% | -0.60% | 52.82% | 49.02% |
Other | 0.00% | -63.70% | 32.06% | 66.97% |
Convertible Bonds | 0.00% | 0.00% | 17.89% | 65.13% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FSYD % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | 3.22% |
Technology | 0.00% | 0.00% | 34.19% | 67.08% |
Real Estate | 0.00% | 0.00% | 86.71% | 61.88% |
Industrials | 0.00% | 0.00% | 100.00% | 67.57% |
Healthcare | 0.00% | 0.00% | 30.07% | 60.64% |
Financial Services | 0.00% | 0.00% | 100.00% | 66.34% |
Energy | 0.00% | 0.00% | 100.00% | 47.03% |
Communication Services | 0.00% | 0.00% | 99.99% | 76.98% |
Consumer Defense | 0.00% | 0.00% | 100.00% | 63.37% |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | 71.53% |
Basic Materials | 0.00% | 0.00% | 100.00% | 65.10% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FSYD % Rank | |
---|---|---|---|---|
US | 0.48% | -0.60% | 47.59% | 42.89% |
Non US | 0.22% | -0.01% | 5.26% | 67.76% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FSYD % Rank | |
---|---|---|---|---|
Cash & Equivalents | 0.89% | 0.00% | 99.98% | 62.71% |
Derivative | 0.00% | 0.00% | 45.95% | 63.90% |
Securitized | 0.00% | 0.00% | 97.24% | 74.70% |
Corporate | 0.00% | 0.00% | 100.00% | 25.56% |
Municipal | 0.00% | 0.00% | 1.17% | 56.52% |
Government | 0.00% | 0.00% | 99.07% | 68.91% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FSYD % Rank | |
---|---|---|---|---|
US | 97.77% | 0.00% | 150.64% | 57.50% |
Non US | 0.00% | 0.00% | 96.17% | 25.13% |
FSYD - Expenses
Operational Fees
FSYD Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.55% | 0.02% | 3.87% | 80.64% |
Management Fee | 0.55% | 0.00% | 1.84% | 54.19% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
FSYD Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
FSYD Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FSYD Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 1.00% | 327.00% | N/A |
FSYD - Distributions
Dividend Yield Analysis
FSYD | Category Low | Category High | FSYD % Rank | |
---|---|---|---|---|
Dividend Yield | 6.52% | 0.00% | 39.36% | 88.09% |
Dividend Distribution Analysis
FSYD | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
FSYD | Category Low | Category High | FSYD % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -2.39% | 14.30% | N/A |
Capital Gain Distribution Analysis
FSYD | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Aug 29, 2024 | $0.259 | OrdinaryDividend |
Jul 30, 2024 | $0.259 | OrdinaryDividend |
Jun 27, 2024 | $0.266 | OrdinaryDividend |
Apr 26, 2024 | $0.263 | OrdinaryDividend |
Mar 26, 2024 | $0.226 | OrdinaryDividend |
Feb 27, 2024 | $0.238 | OrdinaryDividend |
Jan 29, 2024 | $0.220 | OrdinaryDividend |
Dec 27, 2023 | $0.321 | OrdinaryDividend |
Nov 28, 2023 | $0.254 | OrdinaryDividend |
Oct 27, 2023 | $0.274 | OrdinaryDividend |
Sep 27, 2023 | $0.249 | OrdinaryDividend |
Aug 29, 2023 | $0.265 | OrdinaryDividend |
Jul 27, 2023 | $0.263 | OrdinaryDividend |
Jun 28, 2023 | $0.265 | OrdinaryDividend |
May 26, 2023 | $0.258 | OrdinaryDividend |
Apr 26, 2023 | $0.249 | OrdinaryDividend |
Mar 29, 2023 | $0.253 | OrdinaryDividend |
Feb 24, 2023 | $0.248 | OrdinaryDividend |
Jan 27, 2023 | $0.217 | OrdinaryDividend |
Dec 28, 2022 | $0.280 | OrdinaryDividend |
Nov 28, 2022 | $0.238 | OrdinaryDividend |
Oct 27, 2022 | $0.227 | OrdinaryDividend |
Sep 28, 2022 | $0.220 | OrdinaryDividend |
Aug 29, 2022 | $0.223 | OrdinaryDividend |
Jul 27, 2022 | $0.222 | OrdinaryDividend |
Jun 28, 2022 | $0.226 | OrdinaryDividend |
May 26, 2022 | $0.205 | OrdinaryDividend |
Apr 27, 2022 | $0.209 | OrdinaryDividend |
Mar 29, 2022 | $0.301 | OrdinaryDividend |
FSYD - Fund Manager Analysis
Managers
Brian Chang
Start Date
Tenure
Tenure Rank
Feb 15, 2022
0.29
0.3%
Brian Chang is a portfolio manager in the High Income division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing,and other financial products and services to institutions, financial intermediaries, and individuals. In this role, Mr. Chang co-manages multiple High Yield Fidelity Funds, portfolio sleeves and institutional accounts.
Michael Cheng
Start Date
Tenure
Tenure Rank
Feb 15, 2022
0.29
0.3%
Michael Cheng is co-manager of Fidelity High Yield Factor ETF, which he has managed since June 2018. Since joining Fidelity Investments in 1999, Mr. Cheng has worked as a quantitative analyst and portfolio manager.
Benjamin Harrison
Start Date
Tenure
Tenure Rank
Feb 15, 2022
0.29
0.3%
Since joining Fidelity Investments in 2009, Mr. Harrison has worked as a managing director of research and business development and portfolio manager.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.13 | 37.79 | 7.07 | 2.92 |