Fidelity Yield Enhanced Equity ETFFidelity Yield Enhanced Equity ETFFidelity Yield Enhanced Equity ETF

Fidelity Yield Enhanced Equity ETF

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Key stats


Assets under management (AUM)
‪71.55 M‬USD
Fund flows (1Y)
‪63.52 M‬USD
Dividend yield (indicated)
7.00%
Discount/Premium to NAV
−0.02%
Shares outstanding
‪2.55 M‬
Expense ratio

About Fidelity Yield Enhanced Equity ETF


Issuer
FMR LLC
Brand
Fidelity
Inception date
Apr 11, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Diversifying Solutions LLC
Distributor
Fidelity Distributors Co. LLC
ISIN
US31624J7292
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.

Broaden your horizons with more funds linked to FYEE via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Electronic Technology
Technology Services
Finance
Stock breakdown by region
98%1%
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.
FYEE trades at 27.41 USD today, its price has fallen −2.46% in the past 24 hours. Track more dynamics on FYEE price chart.
FYEE net asset value is 27.42 today — it's fallen 0.22% 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.
FYEE assets under management is ‪71.55 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.
FYEE price has fallen by −1.93% over the last month, and its yearly performance shows a 3.39% increase. See more dynamics on FYEE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.22% over the last month, have fallen by −0.22% over the last month, showed a 4.96% increase in three-month performance and has increased by 8.27% in a year.
FYEE fund flows account for ‪63.52 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.
FYEE invests in stocks. See more details in our Analysis section.
FYEE expense ratio is 0.00%. 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, FYEE 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, FYEE technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FYEE shows the buy signal. See more of FYEE technicals for a more comprehensive analysis.
Yes, FYEE pays dividends to its holders with the dividend yield of 7.00%.
FYEE trades at a premium (0.02%).
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.
FYEE shares are issued by FMR LLC
FYEE 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 Apr 11, 2024.
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.