Fidelity vs. Vanguard: Picking the Top 3 ETFs
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Fidelity vs. Vanguard: Picking the Top 3 ETFs
"One of the easiest ways to build a retirement nest egg is to invest in a basket of carefully selected assets that produce strong yields. Known as exchange-traded funds (ETFs), they are managed by professional experts who select the stocks to buy and sell at a fee. You can own hundreds of different stocks at low cost and enjoy steady growth and income."
"You can choose from any number of ETF providers, but the funds provided by Fidelity and Vanguard are some of the most reliable ETFs with considerable assets under management. The financial stalwarts have several ETFs to choose from, and they've helped customers build wealth for decades. They offer low-cost funds designed to meet your financial goals and investment horizon. While Fidelity and Vanguard are both solid options, here are the top three worthy of investors' attention."
"The Fidelity High Dividend ETF (NYSEARCA:FDVV) is an excellent pick for your portfolio. The ETF tracks the Fidelity High Dividend Index and invests 80% of the assets in the same ones as the index. It invests in dividend companies that have the potential to keep growing their payouts. It offers an attractive yield of 3.1% and has been consistent in rewarding shareholders in the long term."
Exchange-traded funds (ETFs) provide diversified exposure to many stocks at low cost and can produce steady growth and income. Fidelity and Vanguard rank among reliable providers with large assets under management and low-cost fund options tailored to varying investment horizons. The Fidelity High Dividend ETF (FDVV) tracks the Fidelity High Dividend Index and allocates roughly 80% of its assets to index constituents, focusing on dividend growers. FDVV yields about 3.1%, holds 109 stocks, and concentrates in technology (25.34%), financial services (19.20%), consumer defensive (12.57%), and real estate (11.51%). The top four holdings include NVIDIA, Apple, Microsoft, and JPMorgan Chase, and the top 10 holdings represent 32.67% of the portfolio. FDVV aims for steady passive income with potential capital appreciation and has generated a 3-year average annual return of 15.41%.
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