Reader, if you are attracted to high yield but don't want to stay in the pure “beta” aspect of the big indices, the Fidelity Enhanced High Yield ETF (NYSEARCA: FDHY ) is an alternativeAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no ...

Group 1 - The Fidelity Enhanced High Yield ETF (NYSEARCA: FDHY) is presented as an alternative for investors seeking high yield without engaging in the "beta" aspect of major indices [1] - The article emphasizes that past performance does not guarantee future results, indicating a cautious approach to investment [2] - The article does not provide specific recommendations or advice regarding investment suitability for individual investors [2] Group 2 - The authors of the article are not licensed securities dealers or investment advisers, highlighting the independent nature of the analysis [2] - The article reflects the opinions of third-party authors, which may include both professional and individual investors [2] - There is no indication of any business relationship between the authors and the companies mentioned, ensuring objectivity in the analysis [1]