Fidelity High Dividend ETF FDVV carves an edge by targeting firms with high and sustainable dividend yields relative to their sector peers. Its focus on dividend sustainability should help it beat the Russell 1000 Value Index over the long term. While there are cheaper alternatives, the fund warrants a Morningstar Analyst Rating of Silver.
Will FDVV outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FDVV’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FDVV management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FDVV’s parent organization’s priorities and whether they’re in line with investors’ interests.