FDHY Fees and Costs — Fidelity Enhanced High Yield ETF
Data updated: 2026-07-24
The net expense ratio is 0.35%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2K in broker commissions, 0.0004% of average net assets, and portfolio turnover was 51%.
FDHY Fees and Expenses
Annual operating expenses and sales charges of FDHY. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.35% |
| Fee waiver | — |
| Net expense ratio | 0.35% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FDHY Costs Over Time
On $10,000 invested in FDHY, assuming 5% a year before costs, total costs come to $222 over 5 years, cutting the return by 0.37% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.35%) | $37 | $115 | $202 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $6 | $20 |
| Total costs | $37 | $121 | $222 |
| Value after costs | $10,463 | $11,455 | $12,541 |
| Impact on return, per year | 0.37% | 0.37% | 0.37% |
FDHY Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0004%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $530.5M
- Portfolio turnover (prospectus): 51%
- Securities on loan, average value: $32.1M
- Net income from securities lending: $86K (0.023% of average net assets)
FDHY Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $1K | 85.95% |
| STIFEL FINANCIAL CORP | $224 | 14.05% |
FDHY Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $107.3M | 23.23% |
| GOLDMAN SACHS GROUP INC (THE) | $52.1M | 11.28% |
| JANE STREET GROUP LLC | $51.2M | 11.08% |
| BANK OF AMERICA CORPORATION | $45.4M | 9.82% |
| JEFFERIES FINANCIAL GROUP INC | $44.4M | 9.62% |
| MORGAN STANLEY | $43.5M | 9.41% |
| CITIGROUP INC | $36.9M | 7.99% |
| BARCLAYS PLC | $34.7M | 7.50% |
| WELLS FARGO and CO | $32.0M | 6.94% |
| MARKETAXESS HOLDINGS INC | $14.4M | 3.12% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.