Fidelity High Dividend ETF

The Fidelity High Dividend ETF is an exchange-traded fund designed to provide investors with exposure to large-cap, diversified U.S. companies that consistently deliver high dividend yields. The primary purpose of this ETF is to offer a potential income stream through dividends, while also providing capital appreciation opportunities. It targets companies across various sectors, including financials, consumer goods, energy, and healthcare, which are known for their stable dividend distributions and solid financial health. Comprised predominantly of established firms, this ETF maintains a balanced approach to sector allocation to mitigate risk and enhance returns. The Fidelity High Dividend ETF plays a significant role in the financial market by catering to income-focused investors, such as retirees or conservative investors, who prioritize steady income and portfolio diversification. As part of Fidelity Investments’ suite of ETFs, it benefits from the firm's extensive market research and management expertise, ensuring a well-curated selection of high-yield stocks that align with long-term investment strategies without the need for constant, individual stock monitoring.