FSYD Vs. FDHY: Comparing Fidelity High Yield ETFs
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Retired InvestorInvesting GroupFollow5ShareSavePlay(10min)Comment(1)SummaryI compare Fidelity Sustainable High Yield ETF (FSYD) and Fidelity Enhanced High Yield ETF (FDHY), two distinct high yield strategies.FSYD focuses on ESG criteria, investing in socially conscious issuers using both fundamental and quantitative analysis.FDHY employs quantitative analysis and proprietary research, targeting BB/B-rated global high yield securities.Both ETFs benchmark against ICE BofA and Bloomberg indices, but differ in ESG emphasis and portfolio construction.When comparing these ETFs to some of its competitors, both investment-grade and similar non-investment-grade ETFs, I am giving FSYF the Buy rating for investors okay owning a "junk bond" ETF.Looking for more investing ideas like this one? Get them exclusively at iREIT®+HOYA Capital. Learn More » Zolak/iStock via Getty Images Introduction This article covers two High Yield ETFs from Fidelity that follow different strategies, neither of which has received much coverage on Seeking Alpha. Those ETFs are: Fidelity Sustainable High Yield ETF (FSYD) Fidelity Enhanced High Yield ETF (FDHY) This article was written byRetired Investor9.29K FollowersFollowRetired Investor has been investing since the 1980s and has a background in data analysis and pension fund management. He writes articles to help others prepare for retirement by investing in CEFs, ETFs, BDCs, and REITs. He is a long only investor and shares strategies for trading options with a focus on cash-secured-puts. He is a contributing author to the investing group iREIT®+HOYA CapitalThe group helps investors achieve dependable monthly income, portfolio diversification, and inflation hedging. It provides investment research on REITs, ETFs, closed-end funds, preferreds, and dividend champions across asset classes. It offers income-focused portfolios targeting dividend yields up to 10%.Learn more.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.