FYEE ETF — Fidelity Yield Enhanced Equity ETF
Fidelity Yield Enhanced Equity ETF (FYEE)
FYEE is an ETF that tracks the Large-cap U.S. equity sleeve complemented by written call and put spreads for additional yield.. As of August 19, 2026, its distribution rate is 9.71%, its trailing-12-month yield is 8.18%, its expense ratio is 0.28%. Dividend Vision Distribution Safety Score™ is 84/100 (Safe). Fund total return is 45.6% over the past 2.4 years, 6.6 points behind SPY at 52.2%.
At the current 9.71% distribution rate, a $10,000 investment would generate approximately $971 per year, or $80.92 per month on an equivalent basis. Actual quarterly payments vary.
FYEE dividend yield and income
Data as of August 19, 2026.
The distribution rate (9.71%) is the latest posted forward yield, paid quarterly. Trailing-12-month yield (8.18%) is the last year of payments divided by the current price. The last dividend was $0.7320. The last ex-dividend date was 06/18/2026. It was paid on 06/23/2026. At 9.71%, $10,000 would generate about $971 a year ($80.92 monthly-equivalent).
| Ex-date | Amount | vs year-ago payment |
|---|---|---|
| 2026-06-18 | $0.732 | 40.8% |
| 2026-03-20 | $0.824 | 37.3% |
| 2025-12-19 | $0.619 | 21.9% |
| 2025-09-19 | $0.292 | -41.1% |
| 2025-06-20 | $0.52 | 15.3% |
| 2025-03-21 | $0.6 | — |
| 2024-12-20 | $0.508 | — |
| 2024-09-20 | $0.496 | — |
| 2024-06-21 | $0.451 | — |
| 2024 total | $1.455 | — |
| 2025 total | $2.031 | 39.6% |
| 2026 YTD total | $1.556 | 38.9% |
FYEE dividend growth
Trailing-12-month distributions versus the preceding 12 months changed 29.59%. That is the seasonality-immune income comparison, not a single quarterly check versus the prior quarter. An annualized trend fit on recent payments is 158.83%. That fit can move with uneven quarterly amounts and is not the same as a trailing-12-month cut.
| Window | Change |
|---|---|
| 1Y | 45.4% |
FYEE performance versus SPY
Data as of August 19, 2026.
Fund total return is 45.6% over the past 2.4 years, 6.6 points behind SPY at 52.2%. Its deepest 1-year drawdown was 7.4%.
| Window | Total return | CAGR |
|---|---|---|
| Since inception (2.4 years) | 45.6% | 17.30% |
FYEE key facts
Data as of August 19, 2026.
- Distribution Safety Score™
- 84 · Safe
- Safety-Adjusted Yield
- 8.16%
- Issuer
- Fidelity Investments
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 04/09/2024
- Expense ratio
- 0.28%
- Distribution rate
- 9.71%
- Distribution frequency
- Quarterly
- Trailing yield
- 8.18%
- Last close
- $30.15
- AUM
- $240,563,171
- Average volume
- 51065.0
- Last dividend
- $0.7320
- Ex-dividend date
- 06/18/2026
- Payment date
- 06/23/2026
- Beta
- 0.774
- P/E ratio
- 24.1641
How Dividend Vision calculates yield and returns
Distribution rate (9.71%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (8.18%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.
Distribution rate methodology · Distribution Safety Score methodology · SEC yield
Sources and review
Data as of August 19, 2026.
Primary sources: Fidelity Investments fund page; Index: Large-cap U.S. equity sleeve complemented by written call and put spreads for additional yield.; 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.
FYEE risks and drawbacks
Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.4%.
Who may consider FYEE — and who may not
FYEE may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (FYEE pays quarterly); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.
Compare FYEE
FYEE vs similar funds:
Frequently asked questions
Does FYEE pay monthly?
No. FYEE currently pays quarterly, not monthly.
What index does FYEE track?
FYEE tracks the Large-cap U.S. equity sleeve complemented by written call and put spreads for additional yield..
What is FYEE's expense ratio?
FYEE's expense ratio is 0.28%.
What is FYEE's dividend yield?
FYEE currently yields 9.71%, paid quarterly, with a 0.28% expense ratio.
How has FYEE's dividend grown?
Trailing-12-month distributions versus the preceding 12 months changed 29.59%. That is not a single quarter versus the prior quarter.
When does FYEE pay a dividend?
FYEE pays quarterly. The last dividend was $0.7320. The last ex-dividend date was 06/18/2026. It was paid on 06/23/2026.
How has FYEE performed?
Fund total return is 45.6% over the past 2.4 years, 6.6 points behind SPY at 52.2%. Its deepest 1-year drawdown was 7.4%.
Is FYEE a good investment?
FYEE's Dividend Vision Distribution Safety Score is 84 (Safe). That is a risk signal, not investment advice. It currently yields 9.71%. Compare peers below rather than treating any single figure as a buy or sell.
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