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FYEE vs FDVV

Fidelity Yield Enhanced Equity ETF vs Fidelity High Dividend ETF

FYEE

Fidelity Yield Enhanced Equity ETF

Fidelity Investments

Annual cost

0.00%

Fund size

$166M

FDVV

Fidelity High Dividend ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$9.2B

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.
  • FYEE is classified as alternative, while FDVV is equity — different risk/return profiles.
  • FYEE follows a option income strategy; FDVV uses index tracking.
  • FDVV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FYEEFDVV
Annual cost (TER)0.00%0.15%
Fund size (AUM)$166M$9.2B
Since20242016
Dividend yield4.89%2.81%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+25.9%+25.7%
CAGR 3YN/A+20.7%
CAGR 5YN/A+13.5%
Sharpe 3YN/A1.28
Volatility 1Y9.75%10.10%
Max drawdown-18.79%-40.25%

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

Similar to FYEE and FDVV