FIDI: FIDELITY INTERNATIONAL HIGH DIVIDEND ETF
ETF Education Report: Fidelity International High Dividend ETF (FIDI)
What this ETF is trying to do
The Fidelity International High Dividend ETF (FIDI) is an exchange-traded fund designed to focus on international companies that pay dividends. An ETF is like a basket that holds many different stocks at once, allowing investors to own pieces of many companies through a single investment.
What the numbers show
When looking at an ETF, it is important to understand two different types of returns: price return and total return.
• Price Return: This measures only the change in the share price. For FIDI, the one-year price return was approximately 11.12%. The year-to-date (YTD) price return is approximately 6.45%.
• Total Return: This includes the share price change *plus* any cash distributions (dividends) paid out. FIDI's one-year total return was approximately 16.26%, and its YTD total return was approximately 10.27%.
Looking further back, the three-year price return was approximately 51.76%, while the three-year total return was approximately 75.87%. Based on an estimated price from roughly one year ago of $24.82, the current price is $27.58.
Income and distribution explanation
This ETF focuses on providing cash to investors through distributions. The distribution yield is currently approximately 4.46%. This number describes the cash paid out relative to the ETF's price.
FIDI usually pays distributions on a quarterly basis. Over the last 12 months, there were 4 payouts. It is important to remember that a high distribution yield is not the same as total return, and receiving cash distributions does not guarantee that the share price will stay the same.
NAV erosion explanation
"NAV erosion" refers to a situation where the value of the underlying assets in the ETF decreases over time. StockValueFinder uses an erosion-risk score to measure this risk. For FIDI, the erosion score is 100, and the label indicates "No price erosion detected." There is no severe erosion-risk flag for this ETF.
Top Holdings
The following are some of the top holdings in this portfolio (note that this is a partial list):
• Equinor ASA (3.73%)
• TotalEnergies SE (3.35%)
• Canadian Natural Resources Ltd (2.92%)
• Klepierre (2.79%)
• Nestle SA (2.49%)
• Daito Trust Construction Co Ltd (2.43%)
• Enbridge Inc (2.38%)
• Link Real Estate Investment Trust (2.38%)
• Enel SpA (2.37%)
• Woodside Energy Group Ltd (2.35%)
*Holdings can change over time.*
Pros
• The ETF has shown positive total returns over the one-year, three-year, and five-year periods.
• The erosion-risk measurement is rated as "good."
Cons
• As with all stock investments, the share price can go up or down.
Beginner takeaway
When looking at high-dividend ETFs like FIDI, always look at the total return rather than just the dividend yield or the share price alone. The total return gives you a fuller picture of how the investment performed by including both price changes and cash payments.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | EQUINOR ASA | n/a | 3.73% |
| 2 | TOTALENERGIES SE | TTE:XPAR | 3.35% |
| 3 | CANADIAN NATURAL RESOURCES LTD | n/a | 2.92% |
| 4 | KLEPIERRE | n/a | 2.79% |
| 5 | NESTLE SA | n/a | 2.49% |
| 6 | DAITO TRUST CONSTRUCTION CO LTD | n/a | 2.43% |
| 7 | ENBRIDGE INC | n/a | 2.38% |
| 8 | LINK REAL ESTATE INVESTMENT TRUST | n/a | 2.38% |
| 9 | ENEL SPA | n/a | 2.37% |
| 10 | WOODSIDE ENERGY GROUP LTD | n/a | 2.35% |