Are FDVV and LYTE in the same category?

FDVV is a stock ETF and LYTE is a thematic ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.

Which is cheaper, FDVV or LYTE?

FDVV is cheaper, by 0.50 percentage points a year. That is about $50 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

FDVV vs LYTE: Differences, Returns & Fees

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FDVV and LYTE are measured over different days, and FDVV charges 0.15% to LYTE's 0.65%.

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Net assets: $10.2bn on Sep 30, 2026 for Fidelity High Dividend ETF, and $165m on Oct 28, 2026 for Roundhill Photonics & Optics ETF.

FDVV on its own →LYTE on its own →

At a glance

+13.5%

FDVV total return, 1 year

−19.6%

LYTE total return, since launch, Aug 6, 2026

0.15%

FDVV expense ratio

0.65%

LYTE expense ratio

Pair scorecard

FDVV costs 0.50 points a year less.

FDVV vs LYTE: Differences, Returns & Fees
Measure	FDVV	LYTE
Return
Measure	FDVV	LYTE
Total return, 1 year	+13.5%	not published
Drawdown
Measure	FDVV	LYTE
Below its all-time high		28.5%, high on Aug 17, 2026
Benchmark
Measure	FDVV	LYTE
What it tracks	Fidelity High Dividend Index	Photonics and optics
Cost and size
Measure	FDVV	LYTE
Expense ratio	0.15%	0.65%
Net assets, FDVV as of Sep 30, 2026 and LYTE as of Oct 28, 2026	$10.2bn	$165m
Holdings
Measure	FDVV	LYTE
Holdings in common	not published
In the S&P 500, by weight	87%
Holdings dated	Jul 31, 2026
Top ten holdings, share of the fund	33.8%

Method

Side by side

FDVV Fidelity High Dividend ETF LYTE Roundhill Photonics & Optics ETF

Where it sits Stock ETF Thematic ETF

Issuer Fidelity Roundhill

What it is Tracks an index of High Dividend Photonics and optics

Total return, 1 year +13.5% −19.6% (since launch, Aug 6, 2026)

Expense ratio 0.15% 0.65%

Holdings 95 not yet filed

Net assets, FDVV as of Sep 30, 2026 and LYTE as of Oct 28, 2026 $10.2bn $165m

FDVV and LYTE on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

FDVV

FDVV tracks an index of High Dividend. Over the year to Oct 28, 2026 it returned +13.5% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jul 31, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 95 positions, with the top ten at 33.8%.

LYTE

LYTE has no public holdings filing captured yet. Since it first traded on Aug 6, 2026 the fund returned −19.6% with distributions reinvested. It sits 28.5% below its all-time high of Aug 17, 2026.

Questions people ask

Are FDVV and LYTE in the same category?: FDVV is a stock ETF and LYTE is a thematic ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which is cheaper, FDVV or LYTE?: FDVV is cheaper, by 0.50 percentage points a year. That is about $50 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

FDVV vs XBI FDVV vs IBB FDVV vs GDX FDVV vs REMX LYTE vs VLUE HDV vs LYTE LYTE vs SPHD LYTE vs VYM

Where to next

FDVV on its own →LYTE on its own →Hold both: look the portfolio through →Rankings →FDVV dividend history →FDVV holdings →Standards and sources →

Sources and dates

FDVV filings on SEC EDGAR ↗

FDVV prospectus with the expense ratio (SEC) ↗

Fidelity website ↗

LYTE filings on SEC EDGAR ↗

LYTE prospectus with the expense ratio (SEC) ↗

Roundhill page for LYTE ↗

Links are sources, not endorsements. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, FDVV against LYTE, data as of Oct 28, 2026. https://etfiq.com/compare/any/fdvv-vs-lyte

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