Fidelity High Dividend ETF offers diversified exposure to high-quality, dividend-paying companies, with a notable tilt toward technology and AI leaders. FDVV's 2.8% starting yield is lower than some peers, but its 11.29% five-year dividend CAGR supports strong long-term yield-on-cost potential. The ETF's tech allocation drives growth and risk; it outperformed in rallies but could lag if tech sentiment weakens or semiconductors falter.
Launched on 09/12/2016, the Fidelity High Dividend ETF (FDVV) is a smart beta exchange traded fund offering broad exposure to the Style Box - All Cap Value category of the market.
FDVV offers an attractive 3.00% estimated dividend yield while trading with a 16.70x forward P/E, a significant discount to S&P 500 Index ETFs. However, these statistics aren't what make it appealing. This article demonstrates how FDVV's combination of quality, growth, and income is uniquely strong for a large-cap value ETF. Consequently, FDVV's strong results over the last five years are not surprising. This article evaluates it alongside SCHD, FDL, VIG, and CGDV to show contrast at the fundamental level.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 123,893 | $6.31M | $7.71M | $1.41M | 22.32% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 9,975 | $410,728.52 | $620,993.62 | $210,265.1 | 51.19% |
| CN Chris Nelson MJP ASSOCIATES Inc. /ADV | 4,407 | $206,159.46 | $274,357.78 | $68,198.32 | 33.08% |
Woodard & Co Asset Management Woodard & Co Asset Management Group Inc. | 437,123 | $24.35M | $27.21M | $2.86M | 11.75% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 89,209 | $4.68M | $5.55M | $867,965.22 | 18.56% |
| ARCA Exchange | US Country |
This company operates as an investment fund focusing specifically on high-dividend-paying stocks. It commits at least 80% of its assets to securities that are part of its underlying index, as well as in depository receipts representing those securities. The targeted underlying index is strategically chosen to mirror the performance of large and mid-capitalization companies known for their high dividend payouts and the potential for continued dividend growth. The essence of this fund's strategy is to generate stable and growing income for its investors by investing in companies with a strong track record of paying dividends.
Specializes in investing in a diversified portfolio of stocks known for high dividend yields. The focus is on companies that not only pay high dividends but are also expected to increase their dividend payouts over time, aligning with investors looking for regular income along with potential capital appreciation.
Offers investment opportunities in depository receipts, which are negotiable financial instruments issued by banks that represent shares in foreign companies, but are traded on a local stock exchange. This allows the fund to incorporate high-dividend-paying companies from around the globe into its portfolio, diversifying the investment and risk.