Fidelity® High Dividend ETF

10-Year Study

FDVV.US · · US · ETF

Executive Summary: Fidelity® High Dividend ETF has compounded at 12.9% annually over the last 10 years, with a maximum drawdown of 28.4% and an annualized volatility of 13.1%.

1Y CAGR
+20.7%
3Y CAGR
+19.7%
5Y CAGR
+12.7%
10Y CAGR
+12.9%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
28.4%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.61
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.73
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
16.1%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · +29.2%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -4.2%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
80%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20262.61.5-6.45.6————————2.9%
20251.11.8-2.7-3.34.74.52.93.11.70.51.80.117.1%
20241.22.34.4-2.56.00.74.12.91.7-0.64.5-4.221.8%
20236.1-3.20.71.9-2.76.34.4-1.8-4.5-2.37.65.318.0%
20220.4-1.45.3-6.43.3-9.77.0-3.0-10.510.27.7-4.4-4.2%
20210.04.96.33.92.50.31.11.6-3.55.3-1.75.829.2%
2020-0.8-10.0-19.813.22.82.51.75.3-3.7-2.814.15.22.8%
20197.71.22.02.0-7.15.81.7-2.94.11.52.64.024.1%
20184.0-2.9-1.82.01.91.13.12.5-0.1-3.71.9-8.5-1.3%
20170.72.50.0-0.10.11.00.8-1.02.31.53.51.914.0%
2016—————————-2.75.11.33.7%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 13.1%. The dominant macroeconomic risk driver is VTV.US, accounting for 43.2% of variance. Idiosyncratic stock-specific factors contribute 3.5%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-09-0110000
2016-10-019733.245125805075
2016-11-0110231.490087587888
2016-12-0110365.386928519098
2017-01-0110440.673147368538
2017-02-0110698.352122994827
2017-03-0110699.500278837848
2017-04-0110692.119276989864
2017-05-0110703.491487244533
2017-06-0110811.090091961816
2017-07-0110901.84907764814
2017-08-0110794.906561984015
2017-09-0111040.830608741295
2017-10-0111207.859946856788
2017-11-0111597.3581480793
2017-12-0111812.33666116281
2018-01-0112281.49500825579
2018-02-0111919.388525002461
2018-03-0111707.417086745909
2018-04-0111938.74315207051
2018-05-0112160.11853342227
2018-06-0112293.195263037038
2018-07-0112670.501142688436
2018-08-0112985.3145400269
2018-09-0112977.878864091152
2018-10-0112499.097877551914
2018-11-0112740.593323200404
2018-12-0111663.677816535634
2019-01-0112565.800264622587
2019-02-0112715.443242829493
2019-03-0112967.764157855026
2019-04-0113227.466074728545
2019-05-0112283.845994029592
2019-06-0113000.07654372287
2019-07-0113215.164404981902
2019-08-0112835.179495030126
2019-09-0113359.066603973715
2019-10-0113562.563558627025
2019-11-0113913.571202064493
2019-12-0114471.19222315776
2020-01-0114355.283157100524
2020-02-0112919.760308799248
2020-03-0110361.94246099004
2020-04-0111727.865195569213
2020-05-0112053.504062284721
2020-06-0112356.398508490887
2020-07-0112570.830280696768
2020-08-0113241.57198937136
2020-09-0112751.254770314157
2020-10-0112396.912007523155
2020-11-0114145.55335644225
2020-12-0114876.21786530492
2021-01-0114880.86516276476
2021-02-0115613.06054608479
2021-03-0116600.365222906257
2021-04-0117244.972717630208
2021-05-0117684.005642365857
2021-06-0117730.47861696428
2021-07-0117923.3687985916
2021-08-0118205.26839509683
2021-09-0117560.004811319726
2021-10-0118490.22974051678
2021-11-0118177.001891723437
2021-12-0119226.197635892448
2022-01-0119297.76601677401
2022-02-0119021.06045860625
2022-03-0120027.88378475905
2022-04-0118738.559447135627
2022-05-0119349.542377885427
2022-06-0117470.55800373971
2022-07-0118700.724978403738
2022-08-0118131.841095231328
2022-09-0116223.824780483537
2022-10-0117879.62952838132
2022-11-0119260.314266656464
2022-12-0118416.747766563516
2023-01-0119547.407901499166
2023-02-0118925.32613093351
2023-03-0119058.238838284986
2023-04-0119418.541076642137
2023-05-0118888.038403079245
2023-06-0120070.42022503855
2023-07-0120954.226853724944
2023-08-0120570.41475762977
2023-09-0119637.565472220096
2023-10-0119179.56063903074
2023-11-0120640.069545439634
2023-12-0121731.911078063666
2024-01-0121994.073328886512
2024-02-0122497.785699445605
2024-03-0123484.871679916025
2024-04-0122888.81477512548
2024-05-0124252.003805316508
2024-06-0124410.72268209205
2024-07-0125417.819378683667
2024-08-0126153.62325179605
2024-09-0126588.17290133514
2024-10-0126430.656854490386
2024-11-0127627.52730970684
2024-12-0126470.78763490831
2025-01-0126767.613257372803
2025-02-0127255.251446129623
2025-03-0126511.574504379398
2025-04-0125645.646302391448
2025-05-0126848.31221091076
2025-06-0128052.016927097575
2025-07-0128866.27811614963
2025-08-0129750.686159801426
2025-09-0130247.01752851254
2025-10-0130399.06616658101
2025-11-0130952.860001530877
2025-12-0130994.740352757217
2026-01-0131787.51462531848
2026-02-0132268.64659763152
2026-03-0130201.966080195954
2026-04-0131902.330209620457
Annual Return Matrix
YearAnnual Return
20170.1395943771922883
2018-0.012585049757000588
20190.24070575771922487
20200.02798840868819452
20210.2924116741213354
2022-0.042101401673818595
20230.18000807490663373
20240.21806073749437083
20250.17090359305678327
20260.029282060328100323
Total Factor Risk
0.13108140143355612
VTI.US Exposure
0.17738347505486698
VEA.US Exposure
0.03969716049434492
VWO.US Exposure
0.030692266980078375
QQQ.US Exposure
-0.020802782513275785
VTV.US Exposure
0.4321573357270864
IJR.US Exposure
-0.006132913217485473
QUAL.US Exposure
0.027662518052516682
SHV.US Exposure
0.213831994197457
TLT.US Exposure
-0.03320698422010974
LQD.US Exposure
0.05044368062088885
HYG.US Exposure
0.014236785439229611
GLD.US Exposure
-0.003573429219793506
USO.US Exposure
0.0005631971180328255
VNQ.US Exposure
0.01667599228507367
BTC-USD.CC Exposure
-0.0017375084440617392
CPER.US Exposure
0.007643796287144741
VIX.INDX Exposure
-0.015804452097798294
UUP.US Exposure
-0.004519232864174641
TIP.US Exposure
0.03932988945550063
Idiosyncratic Exposure
0.03545921086447839
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
13.1%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$241
Avg Yield on Cost
2.41%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$240.572.41%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+1.7%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+4.7%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
2.6% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.80
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Fidelity® High Dividend ETF a high-risk investment?

Fidelity® High Dividend ETF (FDVV.US) has an annualized volatility of 13.1% and experienced a maximum drawdown of 28.4% over the last 10 years. Its primary macro risk driver is VTV.US.

What is the 10-year return of FDVV.US?

Over the past 10 years, FDVV.US has generated a Compound Annual Growth Rate (CAGR) of 12.9%. It has had a positive return in 80% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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