FDHY ETF Analysis: Fidelity High Yield Factor | NYSE

High Yield Bond | NYSE, USA | Market Cap: 569m USD | 12M Return: 6.4% | Charts, Fundamentals & Technical Analysis

High Yield Bonds, Junk Bonds, Corporate Debt, BB Rated Bonds
Total Rating 56
Safety 69
Buy Signal -0.21
High Yield Bond
Category Rotation: -2.3
TER: 0.45%
AUM: 569M
Avg Turnover: 3.89M
Risk 3d forecast
Volatility3.72%
VaR 5th Pctl0.66%
VaR vs Median-2.08%
Reward TTM
Sharpe Ratio0.58
Rel. Str. IBD36.8
Rel. Str. Peer Group87.5
Character TTM
Beta0.181
Beta Downside0.146
Hurst Exponent0.511
Drawdowns 3y
Max DD5.26%
CAGR/Max DD1.58
CAGR/Mean DD15.88

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Seasonality 8 years of data

Jan +0.1% 12
Feb -0.6% 57
Mar -1.4% 25
Apr -0.7% 14
May +0.4% 10
Jun +0.1% 14
Jul +0.5% 10
Aug +0.1% 6
Sep -0.6% 38
Oct -0.6% 41
Nov +0.3% 22
Dec +0.7% 37

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: FDHY Fidelity High Yield Factor

FDHY is a Fidelity high yield bond ETF that invests at least 80% of its assets in below-investment-grade debt securities, commonly known as junk bonds. The funds portfolio is constructed using the ICE BofA BB-B U.S. High Yield Constrained Index as a benchmark for credit quality and risk profile, focusing primarily on securities rated BB or B by S&P, or Ba or B by Moodys (or equivalent ratings from other nationally recognized agencies).

The high yield bond sector consists of corporate debt issued by companies with weaker credit profiles, where issuers compensate investors with higher coupon payments to offset elevated default risk. The BB-B tier specifically represents the upper, more defensive segment of the high yield market, as BB-rated issuers are generally considered to have lower default risk than lower-rated CCC issuers. Unrated securities may also be included if the advisor deems them of comparable quality to rated holdings.

Headlines to Watch Out For
  • High yield credit spreads widen on rising recession fears
  • Fed rate cuts lift below investment grade bond prices
  • ETF inflows accelerate as factor strategy gains investor traction
What is the price of FDHY shares?

As of July 28, 2026, the stock is trading at USD 48.89 with a total of 75,854 shares traded. Over the past week, the price has changed by -0.46%, over one month by -0.20%, over three months by +0.48% and over the past year by +6.37%.

Current recommended Stop Loss: 48.60 (which is 0.6% or 1.7 ATR below the current price).

Is FDHY a buy, sell or hold?

Fidelity High Yield Factor has no consensus analysts rating.