Skip to content
Beacon
Screener

FDVV vs FYEE

Fidelity High Dividend ETF vs Fidelity Yield Enhanced Equity ETF

FDVV

Fidelity High Dividend ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$9.2B

FYEE

Fidelity Yield Enhanced Equity ETF

Fidelity Investments

Annual cost

0.00%

Fund size

$166M

Key differences

  • FYEE costs 0.15% less per year.
  • FDVV is significantly larger than FYEE — larger funds tend to be more liquid and less likely to close.
  • FDVV is classified as equity, while FYEE is alternative — different risk/return profiles.
  • FDVV follows a index tracking strategy; FYEE uses option income.
  • FDVV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FDVVFYEE
Annual cost (TER)0.15%0.00%
Fund size (AUM)$9.2B$166M
Since20162024
Dividend yield2.81%4.89%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1Y+25.7%+25.9%
CAGR 3Y+20.7%N/A
CAGR 5Y+13.5%N/A
Sharpe 3Y1.28N/A
Volatility 1Y10.10%9.75%
Max drawdown-40.25%-18.79%

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

Similar to FDVV and FYEE