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FSEC vs SECU

Fidelity Investment Grade Securitized ETF vs iShares Securitized Income Active ETF

FSEC

Fidelity Investment Grade Securitized ETF

Fidelity Investments

Annual cost

0.36%

Fund size

$4.4B

SECU

iShares Securitized Income Active ETF

iShares

Annual cost

0.40%

Fund size

$592M

Key differences

  • FSEC is significantly larger than SECU — larger funds tend to be more liquid and less likely to close.
  • FSEC is classified as fixed income, while SECU is alternative — different risk/return profiles.
  • FSEC follows a index tracking strategy; SECU uses multi strategy.
  • SECU has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FSECSECU
Annual cost (TER)0.36%0.40%
Fund size (AUM)$4.4B$592M
Since20212005
Dividend yield4.33%4.99%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyindex trackingmulti strategy
CAGR 1Y+7.9%N/A
CAGR 3Y+4.5%N/A
CAGR 5Y+0.5%N/A
Sharpe 3Y0.16N/A
Volatility 1Y5.39%
Max drawdown-17.97%-1.76%

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

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