Fidelity High Dividend ETF
The fund normally invests at least 80% of assets in securities included in the underlying index and in depository receipts representing securities included in the underlying index. The underlying index is designed to reflect the performance of stocks of large and mid-capitalization high-dividend-paying companies that are expected to continue to pay and grow their dividends.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN
Flows are quiet — the past month netted out near zero, while the price has returned +10.7% so far this year. At 0.15% a year it is not the cheapest way in — IVV runs the same ground at 0.03%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | -1.7% |
| 1 month | +2.1% |
| 3 months | +4.0% |
| 6 months | +6.3% |
| YTD | +10.7% |
| 1 year | +14.2% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat FDVV on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| DIVB iShares U.S. Dividend and Buyback ETF | 0.05% | $1.9B | +$136M | -10bp on fee · +$136M in over the month | Head-to-head |
| HDV iShares Core High Dividend ETF | 0.08% | $15.1B | +$209M | -7bp on fee · 4× the assets · +$209M in over the month | Head-to-head |
| SCHD Schwab U.S. Dividend Equity ETF | 0.06% | $60.6B | — | -9bp on fee · 18× the assets | Head-to-head |
| VYM Vanguard High Dividend Yield Index Fund | 0.06% | $58.1B | — | -9bp on fee · 17× the assets | Head-to-head |
| DGRO iShares Core Dividend Growth ETF | 0.08% | $43.6B | −$50M | -7bp on fee · 13× the assets | Head-to-head |