FSYD Fees and Costs — Fidelity Sustainable High Yield ETF
Data updated: 2026-07-24
The net expense ratio is 0.55%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $332 in broker commissions, 0.0008% of average net assets, and portfolio turnover was 104%.
FSYD Fees and Expenses
Annual operating expenses and sales charges of FSYD. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.55% |
| Fee waiver | — |
| Net expense ratio | 0.55% |
| 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 |
FSYD Costs Over Time
On $10,000 invested in FSYD, assuming 5% a year before costs, total costs come to $348 over 5 years, cutting the return by 0.58% 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 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $58 | $190 | $348 |
| Value after costs | $10,442 | $11,386 | $12,415 |
| Impact on return, per year | 0.58% | 0.58% | 0.58% |
FSYD 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): 0.0008%
- Total broker commissions: $332
- Bought from dealers (principal trades, not a cost): $76.0M
- Portfolio turnover (prospectus): 104%
- Securities lending: none during the year
FSYD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS GROUP AG | $59 | 20.00% |
| CITIGROUP INC | $58 | 19.74% |
| JPMORGAN CHASE and CO | $40 | 13.78% |
| CONDOR TRADING LLC | $34 | 11.70% |
| BANK OF AMERICA CORPORATION | $33 | 11.32% |
| BNP PARIBAS | $18 | 6.30% |
| DEUTSCHE BANK AG | $17 | 5.73% |
| VIRTU FINANCIAL INC | $14 | 4.94% |
| JEFFERIES FINANCIAL GROUP INC | $10 | 3.54% |
| MORGAN STANLEY | $9 | 2.95% |
FSYD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $12.0M | 18.92% |
| MORGAN STANLEY | $8.6M | 13.56% |
| BANK OF AMERICA CORPORATION | $8.1M | 12.77% |
| GOLDMAN SACHS GROUP INC (THE) | $7.7M | 12.21% |
| CITIGROUP INC | $5.7M | 8.97% |
| JANE STREET GROUP LLC | $5.2M | 8.25% |
| BARCLAYS PLC | $5.1M | 8.10% |
| JEFFERIES FINANCIAL GROUP INC | $4.9M | 7.78% |
| MARKETAXESS HOLDINGS INC | $3.2M | 5.05% |
| WELLS FARGO and CO | $2.8M | 4.39% |
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.