ATLASFidelity Enhanced High Yield ETF (FDHY): outlook, holdings and fees
Fidelity Enhanced High Yield ETF (FDHY) is an exchange-traded fund and is managed by Fidelity Investments. The expense ratio is 0.42% and the yield is 6.56%. The ten largest holdings are 19% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FDHY
| Last price | $47.73 (-0.1%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 66% |
| Likely 1-month range (50%) | $47.56 – $48.45 |
| Normal 1-day range (±1σ) | ±0.3% |
| Distribution yield | 6.56% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FDHY fund facts
| Issuer | Fidelity Investments |
|---|---|
| Theme | High-yield bonds |
| Assets under management | $611M |
| Expense ratio | 0.42% |
| Number of holdings | 10 |
| Portfolio turnover | 86% |
| Inception | Jun 12, 2018 |
| Exchange | NYSE |
The fund normally invests at least 80% of its assets in debt securities rated below investment grade (also referred to as high yield debt securities or junk bonds). The advisor uses the ICE® BofA® BB-B U.S. High Yield Constrained Index as a guide in structuring the fund and selecting its investments as it relates to credit quality distribution and risk characteristics. The fund normally invests primarily in securities rated BB or B by S&P, Ba or B by Moody's, comparably rated by at least one nationally recognized credit rating agency, or, if unrated, considered by FMR to be of comparable…
FDHY top holdings
| Holding | Sector | Weight |
|---|---|---|
| Fidelity Revere Str Tr | – | 2.76% |
| TransDigm, Inc. 6.25% | – | 2.36% |
| YUM Brands Inc 5.375% | – | 1.99% |
| New Fortress Energy Inc. 6.5% | – | 1.95% |
| Performance Food Group Company 4.25% | – | 1.70% |
| FMG Resources (August 2006) Pty Ltd. 5.875% | – | 1.68% |
| SBA Communications Corporation 3.88% | – | 1.68% |
| Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation 5.25% | – | 1.63% |
| Allison Transmission Inc. 3.75% | – | 1.47% |
| Occidental Petroleum Corporation 6.125% | – | 1.28% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FDHY returns and risk
| Year to date | +1.7% |
|---|---|
| 1 year | +4.3% |
| 3 years (annualised) | +9.0% |
| 5 years (annualised) | +3.7% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 4.5% |
| Sharpe ratio (3 years) | 0.84 |
Past returns do not guarantee future results.
FDHY: frequently asked questions
What does FDHY invest in?
Fidelity Enhanced High Yield ETF invests in a portfolio of securities. Its largest holdings are Fidelity Revere Str Tr (2.8%), TransDigm, Inc. 6.25% (2.4%), YUM Brands Inc 5.375% (2.0%), New Fortress Energy Inc. 6.5% (1.9%), Performance Food Group Company 4.25% (1.7%).
What is the FDHY expense ratio?
0.42% a year: about $42.00 for every $10,000 invested.
What is the FDHY dividend yield?
6.56%. ATLAS does not hold the exact distribution dates for ETFs.
Will FDHY go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 66%, with a likely range (50%) of $47.56 to $48.45 from $47.73 today. It is a probability, not a prediction.
How has FDHY performed?
Year to date +1.7%, one year +4.3%, three years +9.0% a year, five years +3.7% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer