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FDVV vs FDHY

Fidelity High Dividend ETF vs Fidelity Enhanced High Yield ETF

FDVV

Fidelity High Dividend ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$9.2B

FDHY

Fidelity Enhanced High Yield ETF

Fidelity Investments

Annual cost

0.35%

Fund size

$497M

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.
  • FDVV is classified as equity, while FDHY is fixed income — different risk/return profiles.
  • Over the last 3 years, FDVV has delivered higher annualized returns.

Side-by-side comparison

FDVVFDHY
Annual cost (TER)0.15%0.35%
Fund size (AUM)$9.2B$497M
Since20162018
Dividend yield2.81%6.54%
Asset classequityfixed income
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+25.7%+9.3%
CAGR 3Y+20.7%+8.9%
CAGR 5Y+13.5%+4.0%
Sharpe 3Y1.281.01
Volatility 1Y10.10%3.76%
Max drawdown-40.25%-20.01%

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

Similar to FDVV and FDHY