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Fidelity High Yield Factor ETF FDHY

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub

Morningstar’s Analysis FDHY

Will FDHY outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FDHY’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FDHY management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FDHY’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Fidelity High Yield Factor ETF's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FDHY

More FDHY Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

FMG Resources (August 2006) Pty Ltd. 5.875%

2.03 6.2 Mil
Corporate

New Fortress Energy Inc. 6.5%

1.69 5.2 Mil
Corporate

Mineral Resources Ltd. 9.25%

1.46 4.5 Mil
Corporate

Vector Group Ltd 5.75%

1.42 4.3 Mil
Corporate

Davita Inc 4.625%

1.42 4.3 Mil
Corporate

Northern Oil And Gas, Inc. 8.75%

1.40 4.3 Mil
Corporate

Performance Food Group Inc 4.25%

1.34 4.1 Mil
Corporate

Fidelity Cash Central Fund

1.30 4.0 Mil
Cash and Equivalents

GFL Environmental Inc. 4%

1.13 3.4 Mil
Corporate

TransDigm, Inc. 4.875%

1.07 3.3 Mil
Corporate