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Fidelity U.S. High Dividend ETF Fund Series B

U.S. Div & Inc Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

NAVPS
(07-12-2024)
$14.09
Change
$0.09 (0.66%)

As at June 30, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

Fidelity U.S. High Dividend ETF Fund Series B

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Fund Returns

Inception Return (September 18, 2018): 7.87%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 0.95% 3.36% 12.85% 12.85% 18.46% 14.34% 10.33% 14.71% 9.35% - - - - -
Benchmark 3.97% 5.34% 19.31% 19.31% 28.76% 25.79% 13.71% 17.14% 16.08% 15.00% 15.15% 15.56% 14.64% 15.71%
Category Average 1.69% - - - - - - - - - - - - -
Category Rank 139 / 233 87 / 233 111 / 232 111 / 232 112 / 229 134 / 219 74 / 215 54 / 213 121 / 208 - - - - -
Quartile Ranking 3 2 2 2 2 3 2 2 3 - - - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 3.24% -0.31% -4.54% -1.21% 5.52% 2.49% 1.52% 3.22% 4.19% -0.54% 2.94% 0.95%
Benchmark 2.72% 1.05% -4.85% 0.44% 6.86% 1.80% 3.00% 6.70% 3.07% -2.70% 4.13% 3.97%

Best Monthly Return Since Inception

12.39% (April 2020)

Worst Monthly Return Since Inception

-19.36% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - 16.00% -6.41% 28.77% 0.38% 6.61%
Benchmark 24.19% 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32%
Category Average - - - - - - - - - -
Quartile Ranking - - - - - 4 4 1 1 3
Category Rank - - - - - 170/ 197 210/ 213 14/ 215 42/ 218 138/ 219

Best Calendar Return (Last 10 years)

28.77% (2021)

Worst Calendar Return (Last 10 years)

-6.41% (2020)

Asset Allocation

Asset Allocation
Name Percent
US Equity 94.32
International Equity 5.44
Cash and Equivalents 0.21
Other 0.03

Sector Allocation

Sector Allocation
Name Percent
Technology 21.70
Energy 12.51
Consumer Goods 12.05
Basic Materials 10.50
Real Estate 10.24
Other 33.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 94.53
Europe 5.44
Other 0.03

Top Holdings

Top Holdings
Name Percent
Microsoft Corp -
Dominion Energy Inc -
Duke Energy Corp -
Apple Inc -
NVIDIA Corp -
Simon Property Group Inc -
Exxon Mobil Corp -
Dow Inc -
LyondellBasell Industries NV Cl A -
Newmont Corp -

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Fidelity U.S. High Dividend ETF Fund Series B

Median

Other - U.S. Div & Inc Equity

3 Yr Annualized

Standard Deviation 12.51% 16.10% -
Beta 0.73% 0.95% -
Alpha 0.00% -0.05% -
Rsquared 0.72% 0.70% -
Sharpe 0.61% 0.51% -
Sortino 0.94% 0.62% -
Treynor 0.10% 0.09% -
Tax Efficiency 92.83% - -
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 -

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.57% 12.51% 16.10% -
Beta 0.70% 0.73% 0.95% -
Alpha -0.01% 0.00% -0.05% -
Rsquared 0.76% 0.72% 0.70% -
Sharpe 1.32% 0.61% 0.51% -
Sortino 2.84% 0.94% 0.62% -
Treynor 0.18% 0.10% 0.09% -
Tax Efficiency 96.69% 92.83% - -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date September 18, 2018
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $20

Fund Codes

FundServ Code Load Code Sales Status
FID4089

Investment Objectives

The Fund seeks a similar return to its underlying fund, which is also managed by Fidelity, by investing substantially all of its assets in securities of that underlying fund. The underlying fund seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada U.S. High Dividend Index. The underlying fund invests primarily in dividend-paying equity securities of U.S. companies.

Investment Strategy

The strategies described below relate to the Fund and the underlying fund, Fidelity U.S. High Dividend Index ETF. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Normally invests its assets in the securities that make up the Fidelity Canada U.S. High Dividend Index (the “Index”).

Portfolio Manager(s)

Name Start Date
Fidelity Investments Canada ULC 08-31-2018
Geode Capital Management, LLC 02-06-2023

Management and Organization

Fund Manager Fidelity Investments Canada ULC
Advisor Fidelity Investments Canada ULC
Custodian State Street Trust Company Canada
Registrar Fidelity Investments Canada ULC
Distributor -
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 1.67%
Management Fee 1.35%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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