Skip to Content
Morningstar

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.

Fidelity ® High Yield Factor ETF’s Process Pillar rating is Average, but a strong management team still helps this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FDHY

More FDHY Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 334
  • Other Holdings 4
  • % Assets in Top 10 Holdings 13.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

FMG Resources (August 2006) Pty Ltd. 5.875%

2.08
5,928,055
Corporate

Royal Caribbean Group 11.625%

1.58
4,505,397
Corporate

Performance Food Group Company 4.25%

1.54
4,404,711
Corporate

Northern Oil And Gas, Inc. 8.75%

1.41
4,030,002
Corporate

GFL Environmental Inc. 4%

1.29
3,677,684
Corporate

Nexstar Media Inc. 4.75%

1.26
3,598,880
Corporate

New Fortress Energy Inc. 6.5%

1.24
3,543,899
Corporate

TransDigm, Inc. 4.875%

1.23
3,498,555
Corporate

Fidelity® Cash Central Fund

1.11
3,182,348
Cash and Equivalents

Baytex Energy Corp 8.5%

1.07
3,062,800
Corporate