FIDI - ETF AI Analysis

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Fidelity International High Dividend ETF (FIDI)

Rating:68Neutral

Price Target:―

The Fidelity International High Dividend ETF (FIDI) benefits from strong contributions by holdings like Japan Tobacco, which demonstrates robust financial health, positive momentum, and strong earnings performance, and Rio Tinto, which showcases excellent financial performance and attractive valuation. However, weaker holdings such as Brookfield Renewable, which faces financial challenges like high leverage and profitability issues, may have weighed on the fund's overall rating. A key risk factor for this ETF is its exposure to companies with high leverage, which could impact stability during market downturns.

Positive Factors

Strong Top Holdings

Several of the ETF's largest positions, such as Nestlé and Brookfield Renewable, have delivered strong year-to-date performance, supporting overall returns.

Global Diversification

The ETF invests across multiple countries, including the UK, Japan, and France, reducing reliance on any single market.

Low Expense Ratio

With an expense ratio of 0.19%, this ETF is cost-efficient compared to many other international dividend-focused funds.

Negative Factors

Sector Concentration in Financials

Over one-third of the portfolio is allocated to financial companies, increasing exposure to risks specific to that sector.

Underperformance in Some Holdings

Certain top holdings, such as Klepierre and National Grid, have shown weaker year-to-date performance, which may drag on overall returns.

Limited Exposure to Technology

The ETF has minimal allocation to the technology sector, potentially missing out on growth opportunities in this area.

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

AUM196.93M

RegionDeveloped Markets

Expense Ratio0.19%

Beta0.53

IssuerFidelity

Inception DateJan 16, 2018

Dividend Yield4.28%

Asset ClassEquity

Index TrackedFidelity International High Dividend Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume42,543

30 Day Avg. Volume46,256

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

28.42

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering97

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

FIDI Summary

The Fidelity International High Dividend ETF (FIDI) is an investment fund that focuses on international companies known for paying high dividends. It follows the Fidelity International High Dividend Index and includes businesses from countries like the UK, Japan, and France. Some well-known companies in the fund are Nestlé and British American Tobacco. This ETF is a good choice for investors looking to diversify globally while earning steady income from dividends. However, since it invests heavily in financial and utility sectors, its performance may be affected by changes in those industries or global economic conditions.

How much will it cost me?The Fidelity International High Dividend ETF (Ticker: FIDI) has an expense ratio of 0.19%, which means you’ll pay $1.90 per year for every $1,000 invested. This is lower than average for actively managed funds, as it focuses on international high dividend stocks while keeping costs relatively low.

What would affect this ETF?The Fidelity International High Dividend ETF (FIDI) could benefit from stable or growing dividend payouts in developed markets outside the U.S., especially in sectors like Financials and Consumer Defensive, which make up a significant portion of its portfolio. However, it may face challenges from rising interest rates, which can pressure dividend-paying stocks, or economic slowdowns in key regions that could impact corporate earnings and dividend sustainability. Additionally, currency fluctuations in international markets could either enhance or reduce returns for U.S.-based investors.

FIDI Top 10 Holdings

The Fidelity International High Dividend ETF (FIDI) leans heavily on financials, with nearly a third of its portfolio anchored in this sector, complemented by notable exposure to materials and consumer defensive stocks. Brookfield Renewable and Japan Tobacco are rising stars, buoyed by strong earnings and bullish momentum, while Nestlé offers steady stability despite recent mixed performance. On the flip side, Origin Energy and Klepierre are lagging, weighed down by weaker technical trends and cash flow concerns. With its developed markets focus, FIDI provides a global income play, though sector concentration may amplify risks in turbulent times.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
ENEL	Enel S.p.A.	3.29%	$6.48M	€90.93B	29.92%	69 Neutral
NG	National Grid	2.84%	$5.60M	£57.08B	16.21%	76 Outperform
BEPC	Brookfield Renewable	2.67%	$5.25M	$7.26B	27.52%	51 Neutral
NESN	Nestlé SA	2.57%	$5.07M	CHF199.66B	12.93%	71 Outperform
BATS	British American Tobacco	2.56%	$5.05M	£95.55B	49.15%	70 Neutral
LI	Klepierre (ex Compagnie Fonciere Klepierre)	2.55%	$5.03M	€9.45B	19.18%	72 Outperform
2914	Japan Tobacco	2.55%	$5.02M	¥10.50T	36.74%	80 Outperform
SSAB.B	SSAB Corporation	2.38%	$4.68M	kr66.38B	34.63%	65 Neutral
NTR	Nutrien	2.32%	$4.57M	C$40.05B	21.54%	71 Outperform
FMG	Fortescue Metals Group Ltd	2.30%	$4.52M	AU$67.27B	12.60%	76 Outperform

FIDI Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

24.73

Positive

100DMA

24.33

Positive

200DMA

23.04

Positive

Market Momentum

MACD

0.15

Negative

RSI

62.50

Neutral

STOCH

96.25

Negative

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FIDI, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 24.96, equal to the 50-day MA of 24.73, and equal to the 200-day MA of 23.04, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 62.50 is Neutral, neither overbought nor oversold. The STOCH value of 96.25 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FIDI.

FIDI Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
FIDI	―	―	$196.93M	0.19%	―
IDV	―	―	$6.32B	0.50%	―
DTH	―	―	$502.21M	0.58%	―
XIDV	―	―	$56.34M	0.19%	―
VWID	―	―	$13.94M	0.49%	―
JHID	―	―	$10.36M	0.46%	―

Performance Comparison

FIDI

Fidelity International High Dividend ETF

25.40

5.97

30.73%

IDV

iShares International Select Dividend ETF

―

DTH

WisdomTree International High Dividend Fund

―

XIDV

Franklin International Dividend Multiplier Index ETF

―

VWID

Virtus WMC International Dividend ETF

―

JHID

John Hancock International High Dividend 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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