FDHY ETF Analysis: Fidelity High Yield Factor | NYSE
High Yield Bond | NYSE, USA | Market Cap: 616m USD | 12M Return: 2.9% | US3160926180 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.40M
Warnings
Tailwinds
No distinct edge detected
Seasonality 8.3 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
FDHY is an actively managed ETF that invests primarily in below investment grade U.S. corporate debt, commonly known as high yield or junk bonds. The fund is required to allocate at least 80% of its assets to this asset class and uses the ICE BofA BB-B U.S. High Yield Constrained Index as a benchmark for credit quality and risk profile. It focuses on issuers rated BB or B by S&P, or Ba or B by Moodys, or those deemed by the advisor (FMR) to be of comparable quality.
High yield bond ETFs typically target the higher-quality tier of the speculative-grade market, where BB-rated issuers sit just below the investment grade boundary and B-rated issuers represent deeper into the speculative range. Investors in this category are generally compensated for higher credit risk through elevated coupon payments relative to investment grade corporate bonds, though they face greater default risk during economic downturns.
- High yield credit spreads compress on soft landing optimism
- Junk bond default rates climb amid economic slowdown concerns
- Treasury yields decline lifts high yield bond valuations
As of October 05, 2026, the stock is trading at USD 47.52 with a total of 64,795 shares traded. Over the past week, the price has changed by -0.89%, over one month by -2.21%, over three months by -1.64% and over the past year by +2.92%.
Current recommended Stop Loss: 47.20 (which is 0.7% or 1.3 ATR below the current price).
Fidelity High Yield Factor has no consensus analysts rating.