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FSEC vs IG

Fidelity Investment Grade Securitized ETF vs Principal Investment Grade Corporate ETF

FSEC

Fidelity Investment Grade Securitized ETF

Fidelity Investments

Annual cost

0.36%

Fund size

$4.4B

IG

Principal Investment Grade Corporate ETF

Principal Funds

Annual cost

0.19%

Fund size

$179M

Key differences

  • IG costs 0.17% less per year.
  • FSEC is significantly larger than IG — larger funds tend to be more liquid and less likely to close.
  • FSEC follows a index tracking strategy; IG uses active selection.

Side-by-side comparison

FSECIG
Annual cost (TER)0.36%0.19%
Fund size (AUM)$4.4B$179M
Since20212018
Dividend yield4.33%5.06%
Asset classfixed incomefixed income
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+7.9%+7.0%
CAGR 3Y+4.5%+5.1%
CAGR 5Y+0.5%+0.2%
Sharpe 3Y0.160.27
Volatility 1Y5.39%4.81%
Max drawdown-17.97%-23.17%

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

Similar to FSEC and IG