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FDHY vs FDVV

Fidelity Enhanced High Yield ETF vs Fidelity High Dividend ETF

FDHY

Fidelity Enhanced High Yield ETF

Fidelity Investments

Annual cost

0.35%

Fund size

$497M

FDVV

Fidelity High Dividend ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$9.2B

Key differences

  • FDVV costs 0.20% less per year.
  • FDVV is significantly larger than FDHY — larger funds tend to be more liquid and less likely to close.
  • FDHY is classified as fixed income, while FDVV is equity — different risk/return profiles.
  • Over the last 3 years, FDVV has delivered higher annualized returns.

Side-by-side comparison

FDHYFDVV
Annual cost (TER)0.35%0.15%
Fund size (AUM)$497M$9.2B
Since20182016
Dividend yield6.54%2.81%
Asset classfixed incomeequity
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+9.3%+25.7%
CAGR 3Y+8.9%+20.7%
CAGR 5Y+4.0%+13.5%
Sharpe 3Y1.011.28
Volatility 1Y3.76%10.10%
Max drawdown-20.01%-40.25%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FDHY and FDVV