FDVV: Reconstitution Update For Fidelity's Well-Rounded High Dividend ETF

Group 1 - The Fidelity High Dividend ETF (FDVV) has undergone a reconstitution on February 23, 2026, resulting in the removal of all energy sector stocks from its portfolio [1] - The timing of this reconstitution is considered poor, especially in light of current market conditions [1] Group 2 - The Sunday Investor specializes in U.S. Equity ETFs and has developed a proprietary ETF Rankings system that evaluates nearly 1,000 ETFs based on various factors [1] - The ETF Rankings system provides individual factor scores covering costs, liquidity, risk, size, value, dividends, growth, quality, momentum, and sentiment, culminating in a composite score from 1-10 [1]