Fidelity Sustainable High Yield ETF offers 6% yield with ESG-screened junk bonds and strong fundamentals.

The Fidelity Sustainable High Yield ETF (FSYD), launched in February 2022, delivers a 6.36% yield through a portfolio of 406 high-yield corporate bonds screened for environmental, social, and governance (ESG) criteria and strong fundamentals. It shows lower interest rate and company-specific risks compared to peers and has outperformed similar ETFs like HYG since inception. While FSYD has higher turnover and expenses, its active management and fundamental analysis provide an advantage for long-term investors seeking ethical, high-yield exposure. This makes it a compelling option for those wanting sustainable income from junk bonds.