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Fidelity Enhanced High Yield ETF seeks a high level of income. The fund may also seek capital appreciation. The Fund normally investing at least 80% of assets in debt securities rated below investment grade (also referred to as high yield debt securities or junk bonds). Debt securities are used by issuers to borrow money. The issuer usually pays a fixed, variable, or floating rate of interest, and must repay the amount borrowed, usually at the maturity of the security. Debt securities include corporate bonds, government securities (including Treasury securities), repurchase agreements, money market securities, mortgage and other asset-backed securities, loans and loan participations, and other securities, such as hybrids and synthetic securities, believed to have debt-like characteristics (e.g., securities classified as Tier 2 Regulatory capital, securities that rank above share capital in an insolvency waterfall, securities with maturity dates and non-cancellable interest payment structures).
Fidelity Enhanced High Yield ETF trades on the ARCA stock market under the symbol FDHY.
As of July 2, 2026, FDHY stock price climbed to $49.10 with 149,302 million shares trading.
FDHY has a beta of 0.19, meaning it tends to be less sensitive to market movements. FDHY has a correlation of 0.51 to the broad based SPY ETF.
FDHY has a market cap of $537.64 million. This is considered a Small Cap stock.
In the last 3 years, FDHY traded as high as $49.79 and as low as $44.64.
FDHY has underperformed the market in the last year with a price return of +7.1% while the SPY ETF gained +21.8%. FDHY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.5% and +0.4%, respectively, while the SPY returned +14.0% and +1.0%, respectively.
FDHY support price is $48.86 and resistance is $49.14 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FDHY shares will trade within this expected range on the day.
