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ETFs

Fidelity International High Dividend ETF

FIDI
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Jan 16 2018
Expense Ratio
0.39%
Type
Global Ex. US Equities
Fund Owner
Fidelity
Volume (1m avg. daily)
$185,746
AUM
$85,683,123
Associated Index
Fidelity International High Dividend Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

ENEL
Enel Spa
3.72%
1925
Daiwa House Industry Co. Ltd
3.29%
TRN
Terna - Trasmissione Elettricita Rete Nazionale
3.10%
TEF
Telefonica S.A
3.02%
5411
JFE Holdings, Inc.
2.51%
9434
SoftBank Corp.
2.50%
7974
Nintendo Co. Ltd
2.42%
VOD
Vodafone Group plc
2.36%
6
Power Assets Holdings Limited
2.34%
VNA
Vonovia SE
2.32%
Invest with FIDI

What is FIDI?

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity International High Dividend Index. Normally investing at least 80% of assets in securities included in the Fidelity International High Dividend Index, which is designed to reflect the performance of large and mid-capitalization developed international high dividend-paying stocks that are expected to continued to pay and grow their dividends.

ETFs related toFIDI

ETFs correlated to FIDI include EFV, PXF, DTH

FIDI
Fidelity Covington Trust - Fidelity International High Dividend ETF
EFV
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Value ETF
PXF
Invesco Capital Management LLC - Invesco FTSE RAFI Developed Markets ex-U.S. ETF
DTH
WisdomTree Trust - WisdomTree International High Dividend Fund
VYMI
Vanguard Group, Inc. - Vanguard International High Dividend Yield ETF
MFDX
Pimco Equity Series - PIMCO RAFI Dynamic Multi-Factor International Equity ETF
FNDF
Schwab Strategic Trust - Schwab Fundamental International Large Company Index ETF
DWM
WisdomTree Trust - WisdomTree International Equity Fund
DFIV
Dimensional ETF Trust - Dimensional International Value ETF
AVIV
American Century ETF Trust - Avantis International Large Cap Value ETF
DFAI
Dimensional ETF Trust - Dimensional International Core Equity Market ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFIDI

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with FIDI using Composer

FAQ

FIDI is a Global Ex. US Equities ETF. The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity International High Dividend Index. Normally investing at least 80% of assets in securities included in the Fidelity International High Dividend Index, which is designed to reflect the performance of large and mid-capitalization developed international high dividend-paying stocks that are expected to continued to pay and grow their dividends.

FIDI tracks the Fidelity International High Dividend Index.

FIDI dividend information: Dividend - High Yield. Dividend payouts may vary in terms of frequency of payouts.

No, FIDI is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FIDI is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FIDI is 0.014%. This is the percent change in the value of FIDI over the most recent 1-month period. The 3-month return on FIDI is 0.0122%. This is the percent change in the value of FIDI over the most recent 3-month period.

The standard deviation of FIDI for the past year is 0.1717%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FIDI include DGS, DWX, and DXJ.

ETFs correlated to FIDI include EFV, PXF, and DTH.

ETFs that are inversely correlated to FIDI include EFZ, EPV, and SH.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.