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FCOR vs FCLO

Fidelity Corporate Bond ETF vs Fidelity CLO ETF

FCOR

Fidelity Corporate Bond ETF

Fidelity Investments

Annual cost

0.36%

Fund size

$339M

FCLO

Fidelity CLO ETF

Fidelity Investments

Annual cost

0.00%

Fund size

$25M

Key differences

  • FCLO costs 0.36% less per year.
  • FCOR is significantly larger than FCLO — larger funds tend to be more liquid and less likely to close.
  • FCOR follows a index tracking strategy; FCLO uses multi strategy.
  • FCOR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FCORFCLO
Annual cost (TER)0.36%0.00%
Fund size (AUM)$339M$25M
Since20142026
Dividend yield4.55%
Asset classfixed incomefixed income
Regionnorth america
Strategyindex trackingmulti strategy
CAGR 1Y+6.8%N/A
CAGR 3Y+5.6%N/A
CAGR 5Y+0.7%N/A
Sharpe 3Y0.35N/A
Volatility 1Y4.44%
Max drawdown-22.60%-0.58%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FCOR and FCLO