Notable companies
The most notable companies in this group are Centene Corp (NYSE:CNC), ON Semiconductor Corp (NASDAQ:ON).
Industry description
The investment seeks a high level of income.
Normally the fund invests at least 80% of its assets in debt securities rated below investment grade (also referred to as high yield debt securities or junk bonds) of issuers that Fidelity Management & Research Company LLC (FMR or Adviser) believes have proven or improving sustainability practices based on an evaluation of such issuers' individual environmental, social and governance (ESG) profile.
Market Cap
The average market capitalization across the Fidelity Sustainable High Yield ETF ETF is 16.93B. The market cap for tickers in the group ranges from 2.97B to 41.98B. CNC holds the highest valuation in this group at 41.98B. The lowest valued company is MODG at 2.97B.
High and low price notable news
The average weekly price growth across all stocks in the Fidelity Sustainable High Yield ETF ETF was -1%. For the same ETF, the average monthly price growth was -0%, and the average quarterly price growth was 6%. CNC experienced the highest price growth at -4%, while COHR experienced the biggest fall at -14%.
Volume
The average weekly volume growth across all stocks in the Fidelity Sustainable High Yield ETF ETF was 25%. For the same stocks of the ETF, the average monthly volume growth was 59% and the average quarterly volume growth was 172%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 77
P/E Growth Rating: 63
Price Growth Rating: 66
SMR Rating: 65
Profit Risk Rating: 77
Seasonality Score: 42 (-100 ... +100)