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FDVV - AI Analysis
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Fidelity High Dividend ETF (FDVV)
Rating:72Outperform
Price Target:
$62.00
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)
AUM7.45B
RegionDeveloped Markets
Expense Ratio0.16%
Beta0.77
IssuerFidelity
Inception DateSep 12, 2016
Dividend Yield3.07%
Asset ClassEquity
Index TrackedFidelity High Dividend Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume846,458
30 Day Avg. Volume870,690
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
63.65Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering107
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 on technology giants like Nvidia and Microsoft, which are rising steadily thanks to their strong positioning in AI and cloud services. Broadcom also adds momentum with its focus on AI semiconductors. However, financial names like JPMorgan Chase and ABN AMRO are lagging, weighed down by credit costs and profitability challenges. The fund’s sector concentration in technology and financials, combined with its developed markets focus, creates a mix of high-growth potential and income stability, though some holdings are struggling to keep pace.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.33% | $543.96M | $4.93T | 52.82% | 85 Outperform | |
| Microsoft | 5.81% | $431.04M | $3.91T | 29.38% | 82 Outperform | |
| Apple | 5.77% | $427.99M | $4.03T | 20.14% | 80 Outperform | |
| Broadcom | 3.33% | $247.39M | $1.78T | 121.75% | 76 Outperform | |
| JPMorgan Chase | 2.69% | $199.63M | $850.88B | 39.44% | 70 Outperform | |
| ABN AMRO Group N.V. | 2.15% | $159.31M | €21.54B | 69.86% | 67 Neutral | |
| Visa | 2.08% | $154.68M | $664.73B | 19.04% | 77 Outperform | |
| Exxon Mobil | 1.99% | $148.05M | $488.95B | -1.79% | 79 Outperform | |
| Bank of America | 1.88% | $139.16M | $392.79B | 26.80% | 66 Neutral | |
| Coca-Cola | 1.83% | $136.12M | $296.73B | 5.62% | 78 Outperform |
FDVV Technical Analysis
Positive
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Price Trends
55.40
Positive
54.04
Positive
51.38
Positive
Market Momentum
0.27
Negative
53.51
Neutral
50.81
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 55.83, equal to the 50-day MA of 55.40, and equal to the 200-day MA of 51.38, indicating a bullish trend. The MACD of 0.27 indicates Negative momentum. The RSI at 53.51 is Neutral, neither overbought nor oversold. The STOCH value of 50.81 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
Performance Comparison
FDVV
Fidelity High Dividend ETF
55.99
7.34
15.09%
IDV
iShares International Select Dividend ETF
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HDEF
Xtrackers MSCI EAFE High Dividend Yield Equity ETF
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DIVI
Franklin LibertyQ International Equity Hedged ETF
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DTH
WisdomTree International High Dividend Fund
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FIDI
Fidelity International High Dividend ETF
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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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