Fidelity Yield Enhanced Equity ETF(CBOE:FYEE)

FYEE prioritizes current income alongside potential growth. It predominantly invests in equity securities, utilizing a computer-aided quantitative analysis to select firms similar in size to the S&P 500 or Russell 1000 Index constituents. Factors considered are historical valuation, growth, and profitability, seeking to identify stocks that could potentially offer greater total returns compared to the S&P 500. Additionally, FYEE employs call options on a large-cap equity index and options strategies to enhance income. Its investments span domestic and international markets, supplemented by securities lending for added income streams.