Is Fidelity High Dividend ETF (FDVV) a Strong ETF Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 22 2024
0mins
Source: NASDAQ.COM
- Fidelity High Dividend ETF (FDVV): Launched in 2016, it is a smart beta ETF offering exposure to the Style Box - All Cap Value category.
- Smart Beta ETFs: Provide an alternative to market cap weighted indexes by tracking non-cap weighted strategies for investors seeking to beat the market.
- Fund Details: Managed by Fidelity, FDVV aims to match the Fidelity Core Dividend Index and has low operating expenses of 0.15% annually.
- Sector Exposure and Top Holdings: Information Technology sector dominates the portfolio at 29.60%, with top holdings including Microsoft Corp, Apple Inc, and Nvidia Corp.
- Performance and Risk: FDVV has shown positive returns of 11.55% and 26.47% year-to-date and over the past year, with a beta of 1.02 and standard deviation of 15.56%.
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Analyst Views on MSFT
Wall Street analysts forecast MSFT stock price to rise
34 Analyst Rating
32 Buy
2 Hold
0 Sell
Strong Buy
Current: 393.830
Low
500.00
Averages
631.36
High
678.00
Current: 393.830
Low
500.00
Averages
631.36
High
678.00
About MSFT
Microsoft Corporation is a technology company. The Company develops and supports software, services, devices, and solutions. The Company’s segments include Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment consists of products and services in its portfolio of productivity, communication, and information services. This segment primarily comprises: Office Commercial, Office Consumer, LinkedIn, and Dynamics business solutions. The Intelligent Cloud segment consists of server products and cloud services, including Azure and other cloud services, SQL Server, Windows Server, Visual Studio, System Center, and related Client Access Licenses (CALs), and Nuance and GitHub; and Enterprise Services, including enterprise support services, industry solutions and Nuance professional services. The More Personal Computing segment primarily comprises Windows, Devices, Gaming, and search and news advertising.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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