FLHY vs FDHY
Comparison between FRANKLIN HIGH YIELD CORPORATE ETF (FLHY, ETF) and FIDELITY ENHANCED HIGH YIELD ETF (FDHY, ETF).
5-Year PerformanceFLHY has outperformed FDHY, delivering a return of +4.7% compared to +3.9%
FLHY vs FDHY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
FLHY vs FDHY - Historical Returns
Returns include dividend reinvestment.
FLHY vs FDHY - Annual Returns (2018 - 2026)
Returns include dividend reinvestment.
| Year | FLHY | FDHY |
|---|---|---|
| 2026 | +1.53% | +1.91% |
| 2025 | +9.08% | +8.93% |
| 2024 | +8.69% | +8.05% |
| 2023 | +13.35% | +10.92% |
| 2022 | -10.35% | -11.21% |
| 2021 | +4.62% | +4.46% |
| 2020 | +7.41% | +10.41% |
| 2019 | +16.64% | +17.14% |
| 2018 | -1.32% | -2.14% |
FLHY vs FDHY Drawdown Comparison
The maximum drawdown for FLHY was -22.58%, occurring on Mar 23, 2020. Recovery took 116 trading sessions.
The maximum drawdown for FDHY was -20.01%, occurring on Mar 23, 2020. Recovery took 77 trading sessions.
The current FLHY drawdown is -0.43%. The current FDHY drawdown is -0.63%.
| Rank | FLHY | FDHY |
|---|---|---|
| #1 | -22.58% Feb 12, 2020 - Jul 29, 2020 | -20.01% Feb 18, 2020 - Jun 8, 2020 |
| #2 | -15.19% Dec 27, 2021 - Dec 13, 2023 | -16.39% Dec 27, 2021 - Mar 21, 2024 |
| #3 | -5.44% Sep 28, 2018 - Jan 18, 2019 | -5.26% Mar 5, 2025 - May 13, 2025 |
| #4 | -4.50% Mar 3, 2025 - May 12, 2025 | -5.22% Oct 2, 2018 - Jan 30, 2019 |
| #5 | -2.48% Sep 15, 2021 - Dec 22, 2021 | -3.08% Jun 8, 2020 - Jul 20, 2020 |
| #6 | -2.46% Sep 2, 2020 - Oct 7, 2020 | -2.53% Nov 9, 2021 - Dec 23, 2021 |
| #7 | -2.43% Feb 18, 2026 - Apr 9, 2026 | -2.48% Sep 2, 2020 - Oct 8, 2020 |
| #8 | -2.42% Feb 12, 2021 - May 3, 2021 | -2.22% Feb 12, 2021 - Apr 30, 2021 |
| #9 | -1.75% Mar 27, 2024 - May 3, 2024 | -2.12% Feb 13, 2026 - Apr 8, 2026 |
| #10 | -1.61% Oct 12, 2020 - Nov 5, 2020 | -2.10% Oct 22, 2020 - Nov 9, 2020 |
| #11 | -1.60% Apr 30, 2019 - Jun 11, 2019 | -1.94% Mar 28, 2024 - May 3, 2024 |
| #12 | -1.55% Dec 4, 2024 - Jan 21, 2025 | -1.85% Dec 6, 2024 - Jan 27, 2025 |
| #13 | -1.52% Dec 27, 2023 - Jan 29, 2024 | -1.52% Sep 15, 2021 - Nov 9, 2021 |
| #14 | -1.42% Jul 3, 2019 - Aug 27, 2019 | -1.37% Sep 30, 2024 - Nov 25, 2024 |
| #15 | -1.40% Jan 16, 2020 - Feb 11, 2020 | -1.37% May 15, 2024 - Jun 5, 2024 |
Correlation
Correlation between FLHY and FDHY is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (2018 - 2026)
FLHY vs FDHY dividend yield comparison.
| Year | FLHY | FDHY |
|---|---|---|
| 2026 | 2.64% | 2.68% |
| 2025 | 6.53% | 6.56% |
| 2024 | 6.51% | 6.58% |
| 2023 | 6.26% | 6.26% |
| 2022 | 6.54% | 5.34% |
| 2021 | 5.76% | 6.09% |
| 2020 | 5.47% | 5.78% |
| 2019 | 5.61% | 4.94% |
| 2018 | 4.27% | 2.55% |
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