Fidelity High Dividend ETF(AMEX:FDVV)

FDVV invests in U.S. and developed international equities that exhibit high dividend yield, a low dividend payout ratio, and high dividend growth. The selection universe begins with 1,000 of the largest U.S. stocks and the largest 1,000 developed-market international stocks. These stocks are scored and selected according to their dividend yield, dividend payout ratio, and dividend growth. Sectors with higher overall dividend yield are given higher weight relative to sectors with lower dividend yield. Within each sector, each stock is weighted based on a modified market capitalization. FDVV invests mostly in U.S. stocks, with a 10% maximum on international stocks, as well as a 35% cap on any individual sector. Prior to November 9, 2017 the fund tracked the Fidelity Core Dividend Index.