FDVV - ETF AI Analysis

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Fidelity High Dividend ETF (FDVV)

Rating:72Outperform

Price Target:―

The Fidelity High Dividend ETF (FDVV) benefits from strong contributions by top holdings like Microsoft and Apple. Microsoft's robust growth in cloud and AI segments, combined with strategic investments, supports a positive long-term outlook, while Apple's leadership in consumer electronics and focus on services and emerging markets drive its growth potential. However, weaker holdings like Philip Morris, which faces financial stability concerns and bearish technical indicators, slightly temper the fund's overall rating. A key risk factor is the ETF's concentration in a few high-weighted holdings, which could amplify the impact of any underperformance in these stocks.

Positive Factors

Strong Top Holdings

Several key positions, such as Nvidia, Broadcom, and JPMorgan Chase, have delivered strong year-to-date performance, supporting the ETF's overall returns.

Low Expense Ratio

The ETF charges a very low expense ratio compared to industry averages, making it cost-effective for investors.

Sector Diversification

The fund is spread across multiple sectors, including technology, financials, and consumer defensive, reducing reliance on any single industry.

Negative Factors

High Geographic Concentration

The ETF is heavily focused on U.S. companies, with over 95% exposure, limiting diversification across global markets.

Overweight in Technology

Technology accounts for over 26% of the portfolio, increasing vulnerability to sector-specific downturns.

Mixed Performance Among Holdings

While some holdings have performed well, others like Apple and Exxon Mobil have shown weaker year-to-date growth, potentially dragging on overall returns.

FDVV vs. SPDR S&P 500 ETF (SPY)

AUM7.84B

RegionNorth America

Expense Ratio0.15%

Beta0.76

IssuerFidelity

Inception DateSep 12, 2016

Dividend Yield2.88%

Asset ClassEquity

Index TrackedFidelity High Dividend Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume949,070

30 Day Avg. Volume894,188

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

64.76

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering103

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

FDVV Summary

The Fidelity High Dividend ETF (FDVV) is an investment fund that focuses on companies offering high dividend yields, making it a great choice for investors who want steady income. It tracks the Fidelity High Dividend Index and includes a mix of companies from sectors like technology, finance, and consumer goods. Well-known holdings include Microsoft and Nvidia. This ETF is ideal for those looking to diversify their portfolio while earning consistent dividends. However, new investors should note that its performance can fluctuate with the overall market, especially since it has significant exposure to the technology sector.

How much will it cost me?The Fidelity High Dividend ETF (FDVV) has an expense ratio of 0.16%, which means you’ll pay $1.60 per year for every $1,000 invested. This is lower than average for ETFs because it is passively managed, tracking the Fidelity High Dividend Index to keep costs down while focusing on high-yielding securities.

What would affect this ETF?The Fidelity High Dividend ETF (FDVV) could benefit from stable or growing dividend payouts in sectors like technology and financials, which make up a significant portion of its holdings. However, rising interest rates or economic slowdowns could negatively impact dividend-paying companies, particularly in sectors like real estate and utilities. Additionally, regulatory changes or geopolitical tensions in developed markets could influence the performance of top holdings such as Nvidia, Microsoft, and Apple.

FDVV Top 10 Holdings

The Fidelity High Dividend ETF (FDVV) leans heavily into technology and financials, with Nvidia and Apple leading the charge in the tech space. Nvidia’s long-term growth potential in AI is promising, but recent mixed performance has kept it from fully boosting the fund. Apple, on the other hand, remains steady thanks to its strong profitability and focus on services. Financial names like JPMorgan Chase and Citigroup are rising, buoyed by solid earnings and strategic initiatives, while Exxon Mobil’s energy exposure is lagging slightly due to revenue growth challenges. Overall, the fund’s U.S.-centric portfolio offers a balanced mix of income-generating sectors, though tech and financials dominate the narrative.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
NVDA	Nvidia	6.46%	$511.41M	$4.46T	34.94%	76 Outperform
AAPL	Apple	5.76%	$455.67M	$4.00T	5.48%	79 Outperform
MSFT	Microsoft	5.17%	$408.98M	$3.60T	10.82%	79 Outperform
AVGO	Broadcom	2.93%	$231.90M	$1.62T	45.74%	76 Outperform
JPM	JPMorgan Chase	2.83%	$223.71M	$879.54B	34.51%	72 Outperform
ABN	ABN AMRO Group N.V.	2.49%	$197.09M	€24.37B	99.56%	74 Outperform
V	Visa	2.14%	$169.07M	$673.28B	10.21%	70 Outperform
C	Citigroup	2.10%	$166.23M	$211.29B	68.17%	68 Neutral
XOM	Exxon Mobil	2.01%	$159.13M	$498.26B	12.24%	74 Outperform
BAC	Bank of America	1.98%	$156.70M	$408.06B	26.12%	72 Outperform

FDVV Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

55.85

Positive

100DMA

55.15

Positive

200DMA

52.18

Positive

Market Momentum

MACD

0.22

Positive

RSI

60.57

Neutral

STOCH

30.58

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FDVV, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 56.48, equal to the 50-day MA of 55.85, and equal to the 200-day MA of 52.18, indicating a bullish trend. The MACD of 0.22 indicates Positive momentum. The RSI at 60.57 is Neutral, neither overbought nor oversold. The STOCH value of 30.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FDVV.

FDVV Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
FDVV	―	―	$7.84B	0.15%	―
FVD	―	―	$8.44B	0.61%	―
SPYD	―	―	$7.35B	0.07%	―
FDL	―	―	$6.08B	0.43%	―
DHS	―	―	$1.31B	0.38%	―
PEY	―	―	$1.05B	0.54%	―

Performance Comparison

FDVV

Fidelity High Dividend ETF

56.84

7.72

15.72%

FVD

First Trust Value Line Dividend Index Fund

―

SPYD

SPDR Portfolio S&P 500 High Dividend ETF

―

FDL

First Trust Morningstar Dividend Leaders Index Fund

―

DHS

WisdomTree U.S. High Dividend Fund

―

PEY

Invesco High Yield Equity Dividend Achievers ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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