FYEE Fees and Costs — Fidelity Yield Enhanced Equity ETF
Data updated: 2026-09-23
The net expense ratio is 0.28%: a 0.28% management fee plus 0.03% other expenses, less a 0.03% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $11K in broker commissions, 0.0237% of average net assets, and portfolio turnover was 90%.
FYEE Fees and Expenses
Annual operating expenses and sales charges of FYEE. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.28% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.03% |
| Gross expense ratio | 0.31% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.28% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FYEE Costs Over Time
On $10,000 invested in FYEE, assuming 5% a year before costs, total costs come to $193 over 5 years, cutting the return by 0.32% 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 0.28%) | $29 | $92 | $161 |
| Trading costs (broker commissions) | $2 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $5 | $18 |
| Total costs | $32 | $105 | $193 |
| Value after costs | $10,468 | $11,471 | $12,570 |
| Impact on return, per year | 0.32% | 0.32% | 0.32% |
FYEE Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0237%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): $654K
- Portfolio turnover (prospectus): 90%
- Securities lending: none during the year
FYEE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $3K | 31.78% |
| BANK OF AMERICA CORPORATION | $2K | 21.98% |
| MORGAN STANLEY | $1K | 13.53% |
| UBS GROUP AG | $1K | 12.17% |
| JPMORGAN CHASE and CO | $652 | 6.02% |
| CITIGROUP INC | $615 | 5.68% |
| BARCLAYS PLC | $615 | 5.68% |
| VIRTU FINANCIAL INC | $155 | 1.44% |
| JEFFERIES FINANCIAL GROUP INC | $106 | 0.97% |
| ROYAL BANK OF CANADA | $82 | 0.75% |
FYEE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO and CO | $297K | 45.48% |
| BARCLAYS PLC | $158K | 24.23% |
| NOMURA HOLDINGS INC | $129K | 19.69% |
| JEFFERIES FINANCIAL GROUP INC | $30K | 4.54% |
| CITIGROUP INC | $20K | 3.03% |
| BANK OF MONTREAL QUE | $20K | 3.03% |
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.