FDVV Total Return Analyzer

FDVV total return combines two components: the cumulative distributions you received from FDVV over the holding period, and the change in NAV (share price) across the same window. Many high-yield funds advertise distribution rates that look spectacular in isolation but mask meaningful NAV erosion. The analyzer above shows exactly how much of your FDVV return came from distributions versus price change — a 50% annualized distribution rate paired with a 30% NAV decline is a very different investment than a 50% distribution with flat NAV.

Fidelity High Dividend ETF (FDVV) is issued by Fidelity. Tracks a Fidelity index of ~113 large- and mid-cap stocks selected for high current yield plus expected dividend growth. Expense ratio 0.16%, forward yield ~3%, quarterly distributions. Sits between pure-yield ETFs (VYM, SPYD) and dividend-growth ETFs (SCHD, DGRO) — some growth tilt, but more yield-focused than DGRO. That strategy directly shapes the gap between headline yield and real yield: option-premium and covered-call funds tend to show large gaps, while traditional dividend ETFs and index funds usually show small ones.

For the detail behind each payment, see the FDVV dividend history. To project how future FDVV distributions compound under DRIP, open the FDVV dividend calculator.