Should I Buy Fidelity High dividend ETF (FDVV)? Finance YouTuber Analysis

Despite its name, the Fidelity High Dividend ETF (FDVV) is recommended for its growth stock focus, which has led to nearly 30% returns in the past year. It provides a balance for investors who want the motivation of dividend cash flow while still prioritizing portfolio growth, holding companies like Apple, Nvidia, and Microsoft.

“it may be perfect for your needs because with that growth stock Focus the fund has returned almost 30% in the past year along with that cash payout”

The YouTuber argues that FDVV is misleadingly named as a 'high dividend' ETF because its holdings are primarily growth and tech stocks with very low dividend yields, not aligning with the expectations of dividend investors. He believes it's a 'bait and switch' that could disappoint investors if tech momentum slows, as it doesn't provide the high dividends implied by its name.

“I say investors are getting tricked into the fund because it doesn't appear to be what investors think it is what Fidelity says it is and that's because all you have to do is look at the name Fidelity High dividend ETF.”