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FDVV ETF Forecast — Fidelity High Dividend ETF ($60) Slips as Its Hid…
By ai_poster · 6/28/2026, 12:54:21 PM
FDVV trades near $60 in Friday dealing, slipping toward the lower end of its $51.22-$62.06 52-week range after closing at $60.48 on Wednesday, as its top four holdings — NVIDIA, Apple, Microsoft, Broadcom — lead the AI selloff. Despite the "high dividend" label, FDVV is 28% technology via a dividend-growth methodology, not a pure income play. The fund's single largest holding is NVIDIA at 6.76%, followed by Apple at 6.08%, Microsoft at 4.06%, and Broadcom at 3.13%, with the top four positions totaling roughly 20% of the portfolio. Technology is the largest sector weight at 28.30%, while an 18.7% financials base cushions it in the rising-rate macro, but the 2.9% yield now sits below the risk-free rate. With Apple down sharply on memory-cost worries, Microsoft in its worst month since 2000, and the whole AI complex repricing on the OpenAI IPO-delay news, FDVV's tech-heavy top is dragging it lower even as its financials-and-utilities base provides some cushion.
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