Key stats
About Fidelity Sustainable High Yield ETF
Home page
Inception date
Feb 15, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Corp.
ISIN
US3160922122
FSYD seeks high income and capital growth by targeting global high-yield corporate bonds with positive ESG characteristics. The selection of debt securities involves two components: 1) a proprietary ESG ratings process that focuses on multiple factors that highlight individual environmental, social, and governance profiles to assess issuers sustainability practices, 2) a multi-factor quantitative model that screens over 1,000 high-yield bonds for value and quality metrics, while using an index to guide the credit quality and risk characteristics of the fund, and 3) a fundamental analysis of factors such as each issuers financial condition and industry position, as well as economic and market conditions. The final selection is actively managed in order to optimize trading costs. Note, FSYD does not target a specific duration.
Related funds
Classification
What's in the fund
Exposure type
Corporate
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FSYD trades at 48.90 USD today, its price has fallen −0.08% in the past 24 hours. Track more dynamics on FSYD price chart.
FSYD net asset value is 48.78 today — it's risen 2.66% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FSYD assets under management is 59.71 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FSYD price has risen by 2.13% over the last month, and its yearly performance shows a 0.74% increase. See more dynamics on FSYD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.66% over the last month, showed a 5.01% increase in three-month performance and has increased by 8.60% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.66% over the last month, showed a 5.01% increase in three-month performance and has increased by 8.60% in a year.
FSYD fund flows account for 29.95 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FSYD invests in bonds. See more details in our Analysis section.
FSYD expense ratio is 0.56%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FSYD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FSYD technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FSYD shows the strong buy signal. See more of FSYD technicals for a more comprehensive analysis.
Today, FSYD technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FSYD shows the strong buy signal. See more of FSYD technicals for a more comprehensive analysis.
Yes, FSYD pays dividends to its holders with the dividend yield of 6.52%.
FSYD trades at a premium (0.25%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FSYD shares are issued by FMR LLC
FSYD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 15, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.