Fidelity High Dividend ETF

Fidelity High Dividend ETF is an exchange-traded fund that seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity High Dividend Index. It focuses on large- and mid-cap U.S. companies with positive dividend characteristics, emphasizing businesses that are expected to continue paying and growing dividends. The fund typically invests most of its assets in index constituents and related depository receipts, using a rules-based approach designed to capture dividend-oriented equity exposure. Fidelity High Dividend ETF is used by investors looking for broad access to dividend-paying U.S. stocks across sectors with relatively higher income potential. Managed by Fidelity, it is positioned within the large-value segment of the equity market and serves as a core income-oriented building block for portfolios seeking diversified equity exposure with a dividend focus.