"Fidelity International High Dividend ETF exists to provide cheap, diversified exposure to dividend-paying stocks outside the United States, with an expense ratio of 0.18%. Major holdings include ENEL at 3.2%, National Grid at 2.8%, and Nestlé at 2.5%, among others. Investors benefit from cash flow from regulated utilities and consumer staples, as well as cyclical gains from miners and materials."
"The structure of FIDI is a long-only basket of foreign blue chips that pay dividends, with no derivatives involved. Distributions are made quarterly, with the largest payment typically occurring in summer due to European companies front-loading their annual dividends, which is important for income-dependent investors."
Fidelity International High Dividend ETF (FIDI) has shown an 8% year-to-date increase, matching the performance of Invesco QQQ Trust. The narrowing gap between tech and dividend-rich international equities is attributed to a softer dollar and central bank easing. FIDI offers diversified exposure to international dividend-paying stocks with a low expense ratio of 0.18%. Major holdings include ENEL, National Grid, and Nestlé. Distributions are quarterly, with the largest payment typically in summer, benefiting those reliant on income streams.
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