Loading market dashboard
Fidelity Sustainable High Yield ETF
FSYDFinancial ServicesAMEXUS
Loading disclosure news
News and disclosures filtered by period, publisher, and event group.
Select a headline to open the full news page in the app.
I compare Fidelity Sustainable High Yield ETF (FSYD) and Fidelity Enhanced High Yield ETF (FDHY), two distinct high yield strategies. FSYD focuses on ESG criteria, investing in socially conscious issuers using both fundamental and quantitative analysis. FDHY employs quantitative analysis and proprietary research, targeting BB/B-rated global high yield securities.
The Fidelity Sustainable High Yield ETF delivers a 6% yield from junk bonds screened for ESG and strong fundamentals. The portfolio exhibits low interest rates and company-specific risks. FSYD has outperformed HYG and ESG high-yield peers since inception, with similar risk and yield metrics but higher turnover and expenses.
