FDVV
Fidelity High Dividend ETF · Fidelity
Dividend ETFs
1Y Return
+18.0%
Expense Ratio
0.15%
AUM
$10B
Dividend Yield
2.74%
Avg Annual Growth (10Y)
+11.2%
Issuer
Fidelity

Overview

High-yielding large caps screened for payout sustainability and growth — unusually, with the tech giants kept in the mix.

Top Holdings

TickerHoldingWeight
NVDANVIDIA Corp.6.4%
AAPLApple Inc.5.9%
MSFTMicrosoft Corp.5.6%
XOMExxon Mobil4.8%
JPMJPMorgan Chase4.1%
PMPhilip Morris Intl2.8%
HDHome Depot2.6%
AVGOBroadcom Inc.2.4%
KOCoca-Cola Co.2.2%
PGProcter & Gamble2.1%

Fund Details

Index
Fidelity High Dividend Index
# Holdings
~109
Inception
Sep 2016
Exchange
NYSE Arca
Structure
Open-End Fund
Distribution
Quarterly
Avg Annual Growth (10Y)
+11.2%
Avg Annual Yield (10Y)
3.16%

Investment Thesis

Most dividend funds bought income and missed the decade's growth; FDVV's index deliberately keeps dividend-paying tech — Nvidia, Apple, Broadcom — beside the classic payers, sector-capping its way to both yield and participation. The result beat nearly every dividend rival over five years and delivered +18% in the trailing one, at 0.15%. The tech overlap is the caveat if you already own QQQ.

Who It's For

Dividend investors who refuse to choose between income and the index's winners. The growth-tolerant alternative to SCHD's value discipline — many income portfolios now hold both.

10-Year History

Annual Closing Price
YearClose% Chg
2016$21.06--
2017$24.22+15.0%
2018$22.28-8.0%
2019$27.19+22.0%
2020$27.73+2.0%
2021$34.94+26.0%
2022$32.50-7.0%
2023$37.37+15.0%
2024$45.22+21.0%
2025$52.00+15.0%
Annual Dividend Yield
YearYield
20163.20%
20173.00%
20183.50%
20193.30%
20203.60%
20212.80%
20223.30%
20233.20%
20242.90%
20252.80%
Annual AUM
YearAUM% Chg
2016$0.1B--
2017$0.3B+200.0%
2018$0.5B+66.7%
2019$0.8B+60.0%
2020$1B+25.0%
2021$1.8B+80.0%
2022$2.5B+38.9%
2023$3.5B+40.0%
2024$6B+71.4%
2025$9B+50.0%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of September 2026.

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