Key Points The Fidelity High Dividend ETF combines dividend growth stocks and high-yield picks to keep pace with the S&P 500 and reduce volatility. The Fidelity Yield Enhanced Equity ETF uses covered calls to amplify distributions, but most of its dividends are treated as ordinary income. The Fidelity International High Dividend ETF has a yield approaching 4% and offers diversification away from U.S. companies and the tech sector. 10 stocks we like better than Fidelity Covington Trust - Fidelity High Dividend ETF › Not every investor wants to beat the market. Some people prefer high-yield portfolios with diversified holdings and low volatility.
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