Fund Evaluator:
Fidelity Enhanced High Yield ETF (FDHY)
Follow This Fund
Fixed Income
Global Asset Class
Taxable Bond
Fund Group
High Yield Bond
Category
$52.295
NAV (as of Oct 07)
$0.00
Minimum Initial
0.35% B
Expense Ratio
$535 Mil
Assets
Open
Status
na
12b-1 Fee
6.53%
TTM Yield
0.00%
Max Load
79%
Portfolio Turnover
Best Performing in High Yield Bond Over the Last Year
| 15.7% | Fidelity Capital & Income (FAGIX) |
| 14.3% | Fidelity Advisor Capital & Income Z (FIQTX) |
| 10.0% | Northeast Investors Trust (NTHEX) |
| 8.5% | American Beacon SiM High Yld Opps Inv (SHYPX) |
| 8.5% | Fidelity Advisor High Income Z (FGUMX) |
Data as of 6/30/2026
0.4% A
1-Mo Return
2.9% A
3-Mo Return
2.8% A
YTD Return
7.2% A
1-Yr Return
8.8% B
3-Yr Return
3.9% C
5-Yr Return
0.99 C
Category Risk Index
0.35
Total Risk Index
Fund Details
Fund Family
Fidelity Investments
Inception Date
6/12/2018
Share Class Type
Equity Investment Style
na
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
Bloomberg US Universal TR USD: 100%
Additional Fund Details
Fidelity Enhanced High Yield ETF Overview
FDHY Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FDHY Return (NAV) | 0.4% | 2.9% | 7.2% | 8.8% | 3.9% | na |
| FDHY Grade | A | A | A | B | C | na |
| +/- Category | 0.2% | 0.5% | 1.5% | 0.7% | 0.1% | na |
| High Yield Bond Avg | 0.2% | 2.4% | 5.7% | 8.1% | 3.8% | 5.1% |
| FDHY Tax Cost Ratio | na | na | 2.6% | 2.7% | 2.6% | na |
FDHY Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FDHY Return (NAV) | 2.8% | 9.0% | 7.5% | 11.6% | -11.6% | 4.7% | 10.6% | 17.5% | na | na | na |
| FDHY Grade | A | A | C | D | D | C | A | A | na | na | na |
| +/- Category | 0.9% | 1.1% | -0.1% | -0.3% | -1.5% | -0.4% | 5.4% | 4.5% | na | na | na |
| High Yield Bond Avg | 1.9% | 7.9% | 7.6% | 11.9% | -10.0% | 5.1% | 5.3% | 13.0% | -2.7% | 6.7% | 13.4% |
| Risk Measures | |
| Standard Deviation: | 4.2% |
| Total Risk Index: | 0.35 - Low |
| Category Risk Index: | 0.99 - Average |
| Category Risk Grade: | C (44% Rank) |
| Beta: | 0.63 |
| R-Squared: | 68% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | na |
| Yield: | 6.5% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $535 Mil |
| Fund Total Assets: | $ 536 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 79% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 2.1 years | |||
| Average Tenure: 1.3 years | |||
| Managers (Year): Bhargava Rahul (2024), Landes Leo (2025), Imer Orhan (2025) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 302 |
| % in Top 10 Holdings: | 17.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 21.1% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.4% |
| Domestic Bond: | 76.8% |
| Foreign Bond: | 21.1% |
| Convertible Bond: | 0.0% |
| Other: | -7.0% |
| Cash: | 8.7% |
Purchase Information
| Fund Family: | Fidelity Investments |
| Phone Number: | 800-343-3548 |
| Website: | www.institutional.fidelity.com |
| Status: | Open |
| Inception Date: | June 12, 2018 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.35% ( Rating : Below Avg ) |
| Category Average Expense Ratio (%): | 0.92% |
| Share Class: | Fidelity Enhanced High Yield ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
Copyright 2026 American Association of Individual Investors and Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.