Fidelity Sustainable High Yield ETF
$46.61−0.08 (−0.17%)
- 0.55%
- $141M
- +3.6%
- 6.52%
- 0M sh
- $46.58
- low $46.34high $49.16
The ETF.net FSYD Grade
C
Score 52 out of 100
- 51 of 85
Score 52 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D25 out of 100Rank 61 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A98 out of 100Rank 23 of 74Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C48 out of 100Rank 51 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D39 out of 100Rank 58 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C52 out of 100Rank 51 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C48 out of 100Rank 54 of 85
Our read on FSYD
CJunk bonds with a screen. FSYD reaches for high income in below-investment-grade debt, but only from issuers with proven or improving sustainability practices, with a quality-and-value quant model doing the picking.
The fund seeks a high level of income and may also pursue capital appreciation. It primarily invests in below-investment-grade debt securities issued by companies with proven or improving sustainability practices.
Why people hold it
- Rare combo: a high-yield bond fund built around a sustainability test rather than plain credit beta. What the label promises and what the portfolio holds line up closely.
- The screen sits in the prospectus, not the brochure: below-investment-grade issuers with proven or improving sustainability practices, sorted by a quality-and-value quant model.
- Spreads credit risk across roughly 400 bond positions and pays income monthly.
- Measured against the ICE BofA US High Yield Constrained Index, the same yardstick used by plain-vanilla giants like USHY, so the effect of the screen is easy to compare.
Worth knowing
- At 0.55% a year it sits above the high-yield median of 0.40%, and index rivals like SCYB (0.03%) and SPHY (0.05%) cost a fraction. The screening work is the bill.
- Thinly traded and small next to the category's heavyweights, so limit orders and patience matter on the way in and out.
- Below-investment-grade debt carries credit risk: prices move with default worries in ways investment-grade bonds generally do not.
FSYD Holdings
- Stocks
- 364
- 15%
- Cvs Health 6.75/VAR 12/10/54
Sectors
- Energy29.3%
- Communication27.6%
- Health Care25.9%
- Materials17.2%
Geography
- United States91.86%
- Canada2.23%
- Luxembourg1.64%
- United Kingdom1.26%
- Japan0.84%
- France0.73%
- Spain0.46%
- Bermuda0.43%
- 0.54%
FSYD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
FSYD$10,359
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FSYD |
|---|---|
| Year to date | +1.0% |
| 1 month | −1.9% |
| 3 months | −2.4% |
| 1 year | +3.6% |
| 3 years | +9.0% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FSYD |
|---|---|---|
| 2026 YTD | +1.0% | |
| 2025 | +9.1% | |
| 2024 | +8.7% | |
| 2023 | +12.2% | |
| 2022 | −6.6% |
FSYD in the news
FSYD Dividends
- 6.52%
- $3.04
- $0.25 per share
- Monthly
Distribution history
FSYD Risk
- 5.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.76
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −12.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.72
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FSYD Cost
0.55%
FSYD0.55%
- The middle half of US High Yield funds
- Median 0.43%
60 of the 85 US High Yield funds charge less.
Other funds in US High Yield
- CIQHINYLI MacKay High Income ETFExpense ratio 0.40%1 year return +2.7%
- CIFLNInvesco Bloomberg Enhanced Fallen Angels ETFExpense ratio 0.23%1 year return —
- CGTOQInvesco High Yield Systematic Bond ETFExpense ratio 0.39%1 year return —
- CPSHPGIM Short Duration High Yield ETFExpense ratio 0.45%1 year return +3.2%
- CTHYFT. Rowe Price U.S. High Yield ETFExpense ratio 0.50%1 year return +3.3%