Key stats
About FIDELITY U S HIGH DIVID US HIGH DIVDEND INDEX ETF SR L UNITS
Home page
Inception date
Sep 13, 2018
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Fidelity Investments Canada ULC
The fund fund-of-funds is passively managed to provide exposure to large- and midcap US dividend-paying stocks that are expected to continue to pay and grow their dividends. The fund employs a smart beta investment and rules-based proprietary index methodology, to provide investors with exposure to targeted strategic factors. The starting universe is composed of the largest 1,000 US stocks. Stocks are screened further based on their composite factor score based on dividend yield, payout ratio, and dividend growth. Size bias is removed by blending the composite score with a size factor. Within each sector, securities are selected based on the size-adjusted composite score. Between 60 to 100 stocks are selected, and groups with higher dividend yields are given more weight. The index is rebalanced annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Consumer Non-Durables
Electronic Technology
Energy Minerals
Utilities
Stocks99.60%
Finance18.99%
Consumer Non-Durables15.21%
Electronic Technology14.73%
Energy Minerals11.90%
Utilities10.56%
Process Industries9.44%
Technology Services8.81%
Health Technology3.09%
Retail Trade1.99%
Consumer Services1.28%
Consumer Durables1.03%
Producer Manufacturing0.78%
Transportation0.55%
Health Services0.50%
Distribution Services0.35%
Communications0.32%
Commercial Services0.06%
Bonds, Cash & Other0.40%
Futures0.20%
Cash0.19%
Stock breakdown by region
North America94.18%
Europe5.82%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history