Fidelity High Dividend ETF (FDVV) Performance
FDVV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +11.8% since Dec 31, 2025
- 1 year
- +14.2% total return
- 5 years
- +13.3% a year
- 10 years
- +13.5% a year
- Since first price
- +13.2% a year since 2016
FDVV trailing returns vs SPY, QQQ, AGG
| Period | FDVV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.7% | +0.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.8% | +0.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.1% | +5.6% | +7.8% | +8.4% | −1.5% |
| YTD | +11.8% | +9.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.2% | +10.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +80.3%+21.7%/yr | +64.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +86.6%+13.3%/yr | +58.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +253.3%+13.5%/yr | +147.9% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionSep 15, 2016 | +251.1%+13.2%/yr | +146.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FDVV vs SPY
From Sep 15, 2016: FDVV grew to $35,113, SPY to $41,546.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FDVV returns by calendar year
7 of 9 full years positive. Best 2021 (+29.2%), worst 2022 (−4.2%). 2026 is year to date.
FDVV annual returns table
| Year | FDVV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +11.8% | −9.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +17.1% | −15.9% | +17.7% | +20.8% | +7.2% |
| 2024 | +21.8% | −5.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +18.0% | −10.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −4.2% | −20.2% | −18.2% | −32.6% | −13.0% |
| 2021 | +29.2% | −4.3% | +28.7% | +27.4% | −1.8% |
| 2020 | +2.8% | −40.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +24.1% | −7.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −1.3% | −15.0% | −4.6% | −0.1% | +0.1% |
| 2017 | +14.0% | −3.0% | +21.7% | +32.7% | +3.6% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FDVV largest drawdowns
Now 3.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 14, 2020 | −40.3% | Mar 23, 2020 | Jan 6, 2021 | 38 days | 11 months |
| Mar 29, 2022 | −20.2% | Sep 30, 2022 | Jul 12, 2023 | 6 months | 1.3 years |
| Feb 20, 2025 | −15.9% | Apr 8, 2025 | Jun 24, 2025 | 47 days | 4 months |
| Sep 21, 2018 | −15.0% | Dec 24, 2018 | Apr 1, 2019 | 3 months | 6 months |
| Jul 26, 2023 | −10.0% | Oct 27, 2023 | Dec 13, 2023 | 3 months | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FDVV risk statistics
| Statistic | 3 years | 5 years | 10 years |
|---|---|---|---|
| Annualized return | +20.0% | +14.1% | +13.0% |
| Volatility (annualized) | 11.1% | 14.9% | 15.9% |
| Sharpe ratio | 1.33 | 0.72 | 0.71 |
| Sortino ratio | 2.44 | 1.14 | 1.05 |
| Best month | +7.6% | +10.2% | +14.1% |
| Worst month | −5.7% | −10.5% | −19.8% |
| Best 12 months | +37.8% | +37.8% | +60.2% |
| Worst 12 months | +10.7% | −7.6% | −20.1% |
| Positive months | 75% | 67% | 70% |
| Beta vs S&P 500 | 0.76 | 0.86 | 0.95 |
| Correlation with S&P 500 | 0.85 | 0.90 | 0.92 |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FDVV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 110 | −20.1% | +13.5% | +60.2% | 85% |
| 3-year (a year) | 86 | −1.1% | +12.7% | +23.1% | 99% |
| 5-year (a year) | 62 | +8.0% | +13.2% | +20.7% | 100% |
| 10-year (a year) | 2 | +13.0% | +13.3% | +13.5% | 100% |
Every holding period starting at a month-end since 2016. Returns for 3 years and longer are annualized.
FDVV performance overview
Fidelity High Dividend ETF (FDVV) returned +14.2% over the past year and +13.5% a year over ten years, with distributions reinvested. Since its first recorded price in 2016 it has returned +13.2% a year, turning $10,000 into about $35,113. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −40.3%, from Feb 14, 2020 to Mar 23, 2020, and it took 9 months to get back to the old high. FDVV finished 7 of its 9 full calendar years with a gain; the best year was 2021 (+29.2%) and the worst 2022 (−4.2%). Volatility has been 15.9% a year.
Related: FDVV chart, FDVV holdings, FDVV dividends, FDVV valuation. See the FDVV overview for the latest quote and fund facts.
FDVV performance FAQ
What is the FDVV return over the past year?
FDVV returned +14.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 10.9%.
What is the average annual return of FDVV?
FDVV has returned +13.3% a year over 5 years, +13.5% a year over 10 years, +13.2% a year since September 15, 2016 (total return, distributions reinvested).
How much would $10,000 invested in FDVV be worth?
$10,000 invested in FDVV at its first recorded close on September 15, 2016 would be worth about $35,113 on October 23, 2026 with distributions reinvested.
What was the worst year for FDVV?
The worst calendar year was 2022, with a total return of −4.2%. The best was 2021 at +29.2%.
What is the biggest drawdown of FDVV?
The largest peak-to-trough decline was −40.3% between February 14, 2020 and March 23, 2020. It recovered to the old high on January 6, 2021, 9 months after the bottom.
How volatile is FDVV?
Over the past 3 years FDVV had an annualized volatility of 11.1% and a Sharpe ratio of 1.33 (excess return over 1–3 month T-bills per unit of risk).