FEAC ETF — Fidelity Enhanced U.S. All-Cap Equity ETF

Fidelity Enhanced U.S. All-Cap Equity ETF (FEAC)

Updated October 16, 2026.

FEAC is a low-cost ETF. its distribution rate is 1.01%, its trailing-12-month yield is 0.83%, its expense ratio is 0.18%. Dividend Vision Distribution Safety Score™ is 92/100 (Safe). Total return is 31.7% over the past 1.9 years, 0.2 points ahead of SPY at 31.5%.

Fidelity Enhanced U.S. All-Cap Equity ETF is an ETF that invests at least 80% of its assets in U.S. common stocks across large-cap, mid-cap, and small-cap ranges, using a research-driven approach focused on factors like valuation, growth, and quality to identify long-term return drivers. The fund carries a modest current distribution rate with quarterly distributions and a low expense ratio of 0.18%. It appeals to equity investors seeking broad U.S. market exposure with a systematic, factor-based selection process and minimal costs.

FEAC performance versus SPY

Price and return data through 2026-10-16.

Total return is 31.7% over the past 1.9 years, 0.2 points ahead of SPY at 31.5%. Over the past year its total return — price change plus distributions reinvested — is 17.9%. Its deepest 1-year drawdown was 8.1%.

FEAC key facts

Distribution Safety Score™

92 · Safe

Safety-Adjusted Yield

0.93%

Issuer

Fidelity Investments

Asset type

ETF

Asset class

Equity

Inception date

11/19/2024

Expense ratio

0.18%

Distribution rate

1.01%

Distribution frequency

Quarterly

Trailing yield

0.83%

Last close

$32.76 (as of 2026-10-16)

AUM

$16,748,273

Average volume

1184.0

Dividend

$0.083

Ex-dividend date

09/18/2026

Payment date

09/22/2026

Beta

1.04

How Dividend Vision calculates yield and returns

Distribution rate (1.01%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.83%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Fidelity Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FEAC risks and drawbacks

FEAC's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 8.1%.

Who may consider FEAC — and who may not

FEAC may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (FEAC pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on FEAC

• All tickers starting with F

Frequently asked questions

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