Fidelity High Dividend ETF is trading 3.9% higher today, reflecting a broad risk-on sentiment across global markets driven by easing Middle East tensions and strong gains in Europe and Japan.
- The fund is following global equity futures higher, supported by its significant exposure to the information technology, financials, and consumer sectors.
- A combination of lower energy risk and stable Federal Reserve expectations is providing a tailwind for value-oriented and high-dividend stocks.