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Fidelity High Dividend ETF
FDVV (Fidelity High Dividend ETF) is a factor US Dividend Equity ETF by Fidelity. With a 0.15% MER, it provides diversified exposure through 99 holdings. Quarterly distribution with a 3.00% yield.
FDVV by Fidelity is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
Its 0.15% MER makes it one of the most cost-effective options in its category. It pays a quarterly distribution with a 3.00% yield, making it attractive for income-seeking investors.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.