Key stats
About Fidelity Dynamic Buffered Equity ETF Fidelity Yield Enhanced Equity ETF
Expense ratio
0.28%
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Inception date
Apr 11, 2024
FYEE prioritizes current income alongside potential growth. It predominantly invests in equity securities, utilizing a computer-aided quantitative analysis to select firms similar in size to the S&P 500 or Russell 1000 Index constituents. Factors considered are historical valuation, growth, and profitability, seeking to identify stocks that could potentially offer greater total returns compared to the S&P 500. Additionally, FYEE employs call options on a large-cap equity index and options strategies to enhance income. Its investments span domestic and international markets, supplemented by securities lending for added income streams.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stock breakdown by region