Fidelity® International High Dividend ETF (FIDI)

Overview

The Fidelity International High Dividend ETF (FIDI) seeks to provide investment results that correspond to the performance of foreign developed markets with above-average dividend yields. It focuses on dividend-paying stocks in developed countries outside the US, aiming to provide income and potential capital appreciation. Asset allocation is primarily in equities. The investment strategy involves selecting high dividend-yielding stocks while considering financial strength and payout sustainability.

Reputation and Reliability

Fidelity is a well-established and reputable investment management company with a long track record.

Management Expertise

Fidelity has extensive experience and expertise in managing various types of investment funds, including ETFs.

Goal

Seeks to provide investment results that correspond to the performance of foreign developed markets with above-average dividend yields.

Investment Approach and Strategy

Strategy: The ETF aims to track the performance of an index composed of dividend-paying stocks in developed countries outside the U.S.

Composition The ETF primarily holds stocks of companies located in developed markets outside the United States.

Market Share: Limited data available to determine the exact market share of FIDI.

Total Net Assets (AUM): 25790000

Key Competitors

• Schwab International Dividend Equity ETF (SCHY)
• Vanguard International High Dividend Yield ETF (VYMI)
• SPDRu00ae Portfolio Developed World ex-US Dividend ETF (SPDW)

Competitive Landscape

The international high dividend ETF market is competitive, with larger ETFs like VYMI and SCHY holding significant market share. FIDI's smaller size can present both advantages and disadvantages: greater agility but also less liquidity. FIDI is one of the newer ETFs in this segment and may have different screening or weighting methodologies that impact its performance and yield compared to more established competitors.

Historical Performance: Historical performance data should be obtained from credible financial data providers, but cannot be included here.

Benchmark Comparison: Benchmark comparison requires specific performance data, which cannot be included here.

Expense Ratio: 0.35

Average Trading Volume

Average trading volume fluctuates but is generally moderate, requiring potential investors to check recent averages before trading.

Bid-Ask Spread

Bid-ask spreads can fluctuate, so assessing the current spread is crucial for evaluating trading costs.

Market Environment Factors

Economic indicators of developed countries, dividend policies of international corporations, and global interest rate environments affect FIDI.

Growth Trajectory

Growth trends depend on the demand for international high-dividend stocks and the fund's ability to attract assets.

Competitive Edge

FIDI benefits from Fidelity's brand recognition and established distribution network. It offers a focused approach to international high-dividend investing. The ETF screens for financially stable companies with sustainable dividend payouts. Fidelity's active management and research capabilities could provide a slight advantage in stock selection. However, the competitive ETF market may diminish these advantages.

Volatility

Volatility will depend on the specific stocks held and overall market conditions, with emerging market exposure generally increasing volatility.

Market Risk

Market risk includes fluctuations in international equity markets, currency risk, and political and economic instability in the countries where the underlying companies are located.

Ideal Investor Profile

The ideal investor is one seeking income from international equities, who understands currency risk, and is willing to accept some volatility.

Market Risk

FIDI is suitable for long-term investors seeking diversification and income from international dividend-paying stocks.

Fidelity International High Dividend ETF (FIDI) is designed for investors seeking income from non-US developed markets through high-dividend-yielding stocks. The fund invests in a portfolio of international equities with a focus on companies that pay dividends. Its performance is influenced by international market conditions, currency fluctuations, and the dividend policies of the underlying companies. Investors should be aware of the inherent risks associated with international investing, including currency risk and political instability. FIDI provides a convenient way to access a diversified portfolio of international high-dividend stocks, but its relatively small size should also be considered.

Data Sources:

• Fidelity Investments Website
• ETF.com
• Bloomberg
• Morningstar

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be made after consulting with a qualified financial advisor. Market share and performance data are subject to change.