Fidelity U.S. High Dividend ETF (FCUD.TO)
Company overview
This ETF offers a passively managed strategy for investing in U.S. large and mid-capitalization companies recognized for their consistent and growing dividend distributions. It utilizes a proprietary, rules-based "smart beta" methodology to gain exposure to specific strategic factors. The selection process begins with the 1,000 largest U.S. equities, which are then evaluated using a composite factor score considering dividend yield, payout ratio, and dividend growth. To neutralize size bias, this score is integrated with a size factor. From each sector, securities are chosen based on their size-adjusted composite score. The final portfolio comprises 60 to 100 stocks, with a higher allocation given to those demonstrating more attractive dividend yields. The index undergoes annual rebalancing.
No price history available.
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Fidelity U.S. High Dividend ETF (FCUD.TO)
No price history available.
This ETF offers a passively managed strategy for investing in U.S. large and mid-capitalization companies recognized for their consistent and growing dividend distributions. It utilizes a proprietary, rules-based "smart beta" methodology to gain exposure to specific strategic factors. The selection process begins with the 1,000 largest U.S. equities, which are then evaluated using a composite factor score considering dividend yield, payout ratio, and dividend growth. To neutralize size bias, this score is integrated with a size factor. From each sector, securities are chosen based on their size-adjusted composite score. The final portfolio comprises 60 to 100 stocks, with a higher allocation given to those demonstrating more attractive dividend yields. The index undergoes annual rebalancing.
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