FDHYFidelity Enhanced High Yield ETF
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 · USDGrowth of $10,000
$10,473+4.7%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaStrategy
Active selection
Index tracked
ICE BofA BB-B US High Yield Constrained Index
Holdings
By weightConcentration
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+ yearsVolatility (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
Similar funds
Same asset class, closest by strategy & exposureNext steps
Save FDHY to compare it with other funds, or start building a portfolio.
Data updated on 2026-09-18