Best Fidelity ETFs to Buy Right Now: 8 Top Picks

Fidelity lists dozens of its own ETFs, plus thousands of third-party funds, and it is hard to tell which one matches what you actually want from your money. This guide sorts eight Fidelity-branded ETFs by goal (income, international, growth, bonds), shows what each one costs, and explains who each fund fits and what the main trade-off is. An ETF is a fund that holds a basket of investments and trades on an exchange like a stock. This article is educational and is not personalized financial advice.

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How We Picked the Best Fidelity ETFs

“Best” depends on what you need, so we picked funds that each do a clear job and compared them on the same criteria:

• Cost: the expense ratio is the yearly fee taken from the fund. A 0.15% ratio costs about $15 per year on a $10,000 holding.
• Diversification: how many holdings the fund has and how much of it sits in one sector or a few large stocks.
• Income: whether the fund aims to pay out income, and how it tries to do that.
• Risk: sector tilt, strategy complexity, and how long the fund has existed.
• Fidelity fit: $0 online commissions on U.S. ETF trades and fractional share access for eligible ETFs (details in the buying section).

We did not include a Fidelity-branded broad U.S. market ETF because we could not verify one. Fidelity’s ETF screener also lists third-party broad-market ETFs, which you can compare on cost if you want a core holding.

Quick Comparison Table of the Top Fidelity ETFs

Fund	Goal	Expense Ratio	Best For
Fidelity High Dividend ETF (FDVV)	Dividend income	0.15%	Investors who want dividend-focused U.S. stocks
Fidelity Yield Enhanced Equity ETF (FYEE)	Income from options plus equity exposure	0.28% net (0.32% gross)	Investors who want higher distributions and accept limited upside
Fidelity International High Dividend ETF (FIDI)	International dividends	0.18%	Investors adding developed-market stocks outside the U.S.
Fidelity Enhanced Large Cap Growth ETF (FELG)	Large-cap growth	0.18%	Growth investors who want a lower-cost active fund
Fidelity Blue Chip Growth ETF (FBCG)	Concentrated mega-cap growth	0.57%	Investors comfortable with a concentrated active strategy
Fidelity Nasdaq Composite Index ETF (ONEQ)	Nasdaq-listed stocks	0.21%	Investors who want broad Nasdaq exposure
Fidelity MSCI Information Technology ETF (FTEC)	Technology sector	0.084%	Investors who want a low-cost tech tilt
Fidelity Total Bond ETF (FBND)	Diversified bonds	0.36%	Investors who want income and a steadier counterweight to stocks

Expense ratios were checked on October 18, 2026 against third-party data. FYEE’s net figure reflects a fee waiver and expense cap that are time-limited, so confirm the current number on Fidelity’s page.

Best ETF for Dividend Income: FDVV

Fidelity High Dividend ETF (FDVV) follows a rules-based index that scores companies on three dividend traits: yield, payout ratio, and dividend growth. Its expense ratio is 0.15%, and third-party data showed a trailing yield of roughly 2.7% in mid-2026.

Who it fits: investors who want dividend-paying U.S. stocks at a low cost and prefer a rules-based approach.

Main trade-off: a dividend focus does not mean low risk. Technology names fill several of the fund’s largest positions, so it is not a defensive, utilities-heavy dividend fund. Check the current sector weights before assuming it behaves like a traditional income fund.

Best ETF for Options-Based Income: FYEE

Fidelity Yield Enhanced Equity ETF (FYEE) is an actively managed fund launched in April 2024. According to Fidelity, it combines a core U.S. equity strategy that uses a multifactor model with call options on a large-cap equity index to enhance income. Its net expense ratio is 0.28%, and the gross ratio is 0.32%.

Who it fits: investors who prioritize current income and understand that selling call options can limit gains in a strong rally.

Main trade-off: Fidelity states that the call-writing strategy may not fully protect against market declines. The fund is also young, so it has a short track record. Check its current size and distribution history on Fidelity’s page.

Best International ETF: FIDI

Fidelity International High Dividend ETF (FIDI) is a passive fund launched in January 2018. It follows the Fidelity International High Dividend Index and holds high-yielding stocks from developed markets outside the U.S. The expense ratio is 0.18%, and third-party data showed a yield of roughly 4% to 4.6% during 2026.

Who it fits: investors with mostly U.S. holdings who want a dividend-focused diversifier abroad.

Main trade-off: financials and energy were among the largest sector weights in mid-2026 data, so the fund is not a broad international index. It also carries currency risk, and its assets are relatively small, so check the bid-ask spread before placing an order.

Best ETFs for Growth Exposure: FELG, FBCG, ONEQ and FTEC

Growth funds tend to hold large technology and communication companies. They can rise quickly, and they can fall quickly. The four below differ mainly in cost and in how they are built.

Fidelity Enhanced Large Cap Growth ETF (FELG)

FELG is actively managed, targets capital growth, and focuses on stocks in the Russell 1000 Growth Index. It converted from a mutual fund to an ETF in November 2023. The expense ratio is 0.18%, which is low for an active fund. Technology made up more than half of the portfolio in 2026 data.

Fidelity Blue Chip Growth ETF (FBCG)

FBCG is actively managed and concentrated in mega-cap growth companies, with very little yield. Its 0.57% expense ratio is the highest of the eight picks, so weigh that cost against FELG, which covers a similar growth style for less.

Fidelity Nasdaq Composite Index ETF (ONEQ)

ONEQ tracks the Nasdaq Composite and holds about 1,026 stocks, so it is more spread out by company count than most growth funds. Its expense ratio is 0.21%. Because the Nasdaq leans toward technology, it is not a substitute for a fund that covers the whole U.S. market.

Fidelity MSCI Information Technology ETF (FTEC)

FTEC is a single-sector fund with a 0.084% expense ratio, the lowest here. It suits investors who deliberately want a technology tilt.

Main trade-off for all four: they overlap. Owning FELG, FBCG, ONEQ and FTEC together mostly stacks the same large technology companies. If you pick from this group, consider limiting how much of your portfolio sits in one sector.

Best Bond ETF for Balance: FBND

Fidelity Total Bond ETF (FBND) spreads across Treasurys, corporate bonds, and securitized debt. The expense ratio is 0.36%, income is paid monthly, and third-party data showed a yield of about 4.7% in 2026.

Who it fits: investors who want income and a counterweight to a stock-heavy portfolio, including those with nearer-term goals or lower risk tolerance.

Main trade-off: bond prices fall when interest rates rise, and the yield will change over time. Bonds can still lose value, so treat this as a way to reduce swings, not remove risk.

Fidelity-Branded ETFs vs. Third-Party ETFs on Fidelity

Fidelity’s screener lists more than 2,000 commission-free ETFs, including funds from other providers such as iShares. Fidelity-branded funds are a convenient place to start, but they are not automatically the cheapest or the best fit for every goal.

• Compare cost: put expense ratios side by side for funds with the same job, such as two dividend funds or two bond funds.
• Compare holdings: two funds with similar names can hold very different stocks and sectors.
• Check trading costs: look at the bid-ask spread, and check whether the ETF is on Fidelity’s list of ETFs with a transaction-based service fee.

If a third-party fund fits your goal at a lower cost or with a longer track record, it may be the better choice for you.

How to Buy a Fidelity ETF Step by Step

1. Choose an account: a standard brokerage account, a Roth IRA, or a traditional IRA. The account type affects how gains and income are taxed, so consider where a fund belongs.
2. Look up the fund: search the ticker and read the fund’s page and prospectus.
3. Check costs: Fidelity charges $0 commissions on online U.S. ETF trades for retail accounts. A limited number of ETFs carry a $100 transaction-based service fee, so check the list on Fidelity’s commissions page.
4. Pick an order type: a market order buys at the current price, while a limit order sets the highest price you will pay. Limit orders can help with thinly traded funds.
5. Consider fractional shares: Fidelity offers fractional trading for eligible ETFs, with reviews citing a $1 minimum. Confirm eligibility on the fund’s page.

Pre-purchase checklist:

• Does this fund match my goal and time horizon?
• Have I checked the current expense ratio?
• Does it overlap with what I already own?
• Is this the right account for it?
• Have I read the prospectus?

Common Mistakes to Avoid When Picking an ETF

• Chasing recent performance: a fund that rose last year can lag next year.
• Ignoring overlap: several funds can hold the same large companies, so a portfolio may be less diversified than it looks.
• Paying more than needed: a higher fee should buy something different, not a similar strategy.
• Over-concentrating in one sector: especially technology, which is heavy in four of these eight picks.
• Misreading yield: a high yield can come with more risk or capped growth, and yields change.
• Skipping the prospectus: it explains the strategy, risks, and fees in full.

Frequently Asked Questions

What is the best Fidelity ETF for beginners?

No single fund is right for everyone. Many beginners start with diversified, low-cost funds and add narrower ones later. None of the eight picks above is a broad U.S. market fund, so compare broad-market ETFs in Fidelity’s screener if you want a core holding.

Are Fidelity ETFs better than Fidelity mutual funds?

They are different, not better or worse. ETFs trade throughout the day at market prices, while mutual funds are priced once a day. Both can be bought without a commission online at Fidelity, so compare the specific funds on cost, holdings, and strategy.

Do Fidelity ETFs charge commissions in a Fidelity account?

Fidelity charges $0 commissions on online U.S. ETF trades in retail accounts. A limited number of ETFs have a $100 service fee, and representative-assisted trades can cost more, so check Fidelity’s commissions page.

How many ETFs should I own?

There is no set number. What matters is how much the funds overlap, not the count. Several tech-focused funds can add up to one big bet.

Is now a good time to invest in ETFs?

Nobody can reliably time the market. Many investors invest on a regular schedule instead of trying to pick a moment. Consider your goals, time horizon, and risk tolerance, and consult a licensed advisor if you want personal guidance.

Which Fidelity ETF pays the highest dividend?

Yields change daily and depend on how they are measured. Among these picks, the income-focused funds (FYEE, FIDI, FDVV and FBND) are the ones built around distributions. Check the current 30-day SEC yield and distribution history on each fund’s Fidelity page, and remember that a higher yield can come with trade-offs.

Disclaimer: This article is for educational purposes only and is not financial advice. Past performance does not guarantee future results, and all investments can lose value. Consult a licensed financial advisor before making investment decisions.

Last verified: October 18, 2026, against third-party sources. Confirm all figures on Fidelity’s fund pages before investing.

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