From 24/7 Wall St. · Ryne Mauck · · 1m
Forget QYLD: $100,000 Became $348,660 in Fidelity's Dividend Fund
Fidelity's dividend fund outperformed QYLD over ten years despite QYLD's monthly income.
In brief
Fidelity's dividend fund outperformed QYLD over ten years despite QYLD's monthly income. A $100,000 investment in Fidelity's High Dividend ETF grew to $348,660 over ten years versus $260,850 in QYLD. Originally reported by 24/7 Wall St..
Fidelity's Dividend Fund Outperforms QYLD
A $100,000 investment in Fidelity's High Dividend ETF grew to $348,660 over ten years versus QYLD's $260,850.
QYLD's Monthly Distributions
QYLD pays cash monthly for retirees needing regular income from portfolio investments.
Fidelity's Compound Growth
Fidelity's fund compounds dividends annually, increasing long-term wealth for patient investors.
QYLD's Short-Term Edge
QYLD outperformed Fidelity over the past year and month despite ten-year lag.
QYLD's Strategy
QYLD sells call options on Nasdaq-100 stocks to generate monthly distributions.
FDVV vs QYLD Returns
Fidelity's fund returned 248.66% over ten years versus QYLD's 160.85%.
Investor Strategy Differences
Retirees using QYLD's monthly income may lose long-term growth versus Fidelity's compounding.
The essence
A $100,000 investment in Fidelity's High Dividend ETF grew to $348,660 over ten years versus $260,850 in QYLD.
