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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.

An upgrade in its Process Pillar rating is the primary driver of Fidelity High Yield Factor ETF's upgrade to a Morningstar Medalist Rating of Silver from Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the lowest 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 13.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

FMG Resources (August 2006) Pty Ltd. 5.875%

1.89 5.7 Mil
Corporate

Fidelity Cash Central Fund

1.80 5.5 Mil
Cash and Equivalents

New Fortress Energy Inc. 6.5%

1.73 5.3 Mil
Corporate

Mineral Resources Ltd. 9.25%

1.48 4.5 Mil
Corporate

Northern Oil And Gas, Inc. 8.75%

1.44 4.4 Mil
Corporate

Davita Inc 4.625%

1.43 4.3 Mil
Corporate

Performance Food Group Inc 4.25%

1.36 4.1 Mil
Corporate

Vector Group Ltd 5.75%

1.30 3.9 Mil
Corporate

GFL Environmental Inc. 4%

1.14 3.5 Mil
Corporate

TransDigm, Inc. 4.875%

1.08 3.3 Mil
Corporate