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SECU vs FSEC

iShares Securitized Income Active ETF vs Fidelity Investment Grade Securitized ETF

SECU

iShares Securitized Income Active ETF

iShares

Annual cost

0.40%

Fund size

$592M

FSEC

Fidelity Investment Grade Securitized ETF

Fidelity Investments

Annual cost

0.36%

Fund size

$4.4B

Key differences

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

Side-by-side comparison

SECUFSEC
Annual cost (TER)0.40%0.36%
Fund size (AUM)$592M$4.4B
Since20052021
Dividend yield4.99%4.33%
Asset classalternativefixed income
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1YN/A+7.9%
CAGR 3YN/A+4.5%
CAGR 5YN/A+0.5%
Sharpe 3YN/A0.16
Volatility 1Y5.39%
Max drawdown-1.76%-17.97%

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

Similar to SECU and FSEC