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FDHYFidelity Enhanced High Yield ETF

Get income8y track recordRanked #422 of 1,706 in this goal

Seeks a high level of income with potential capital appreciation.

By Fidelity Investments · Launched 2018

Annual Cost

0.35%

#1,699 of 6,040 · low cost

Fund Size

$606M

#1,508 of 6,040 · large

Return (1Y)

+4.6%

Track Record

8 years

#1,736 of 6,040 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,473+4.7%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Strategy

Active selection

Index tracked

ICE BofA BB-B US High Yield Constrained Index

Holdings

By weight

Concentration

Top 10 holdings = 19.9% of funddiversified

Fidelity Revere Street Trust
10.1%
Fidelity Revere Street Trust
1.7%
LIVE NATION ENTERTAINMENT INC
1.1%
GOLAR LNG LTD
1.1%
ENQUEST PLC
1.1%
COREWEAVE INC
1.0%
NICKEL INDUSTRIES LTD
1.0%
ENOVA INTERNATIONAL INC
1.0%
BRISTOW GROUP IN
1.0%
NEW FLYER HOLDINGS INC
1.0%

Asset allocation

Bonds
97.4%
Cash
9.3%
Preferred
0.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
3.6%Low

Year-on-year price swings

Max drawdown
-20.0%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.90Decent risk-adjusted returns
Sortino (3Y)
1.34Good downside protection

Bond profile

Duration

7.0 years

Avg maturity

10.0 years

Credit ratings

BBB
4.7%
BB
39.0%
B
51.2%
Below B
5.1%

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks a high level of income with potential capital appreciation.
Strategy
Normally invests at least 80% of assets in debt securities rated below investment grade, including corporate bonds and government securities. Focuses on a diversified group of high yield debt securities from domestic and foreign issuers, utilizing a research-driven approach to identify long-term drivers of returns.
Inception date
June 12, 2018
Fund family
Fidelity Investments

Next steps

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Data updated on 2026-09-18