FCORFidelity Corporate Bond ETF

Get income11y track recordRanked #493 of 1,622 in this goal

Seeks a high level of current income.

By Fidelity Investments · Launched 2014

Annual Cost

0.36%

#1,826 of 5,562 · low cost

Fund Size

$342M

#1,858 of 5,562 · large

Dividend YieldGoal

4.54%

Track Record

11 years

#1,228 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,356+3.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

Index tracked

Bloomberg US Credit Bond Index

What it actually holds

By weight

Concentration

Top 10 holdings = 13.0% of fund✓ well diversified

UNITED STATES TREASURY BOND

4.8%

Fidelity Revere Street Trust

1.1%

BAT CAPITAL CORP

1.0%

BROADCOM INC

1.0%

WESTERN GAS PARTNERS LP

0.9%

BAYER US FIN LLC

0.9%

BANK OF AMERICA CORPORATION

0.8%

WELLS FARGO and CO

0.8%

BOEING CO

0.8%

JPMORGAN CHASE and CO

0.8%

Asset allocation

Bonds

97.4%

Cash

1.9%

Other

0.5%

Convertible

0.1%

Preferred

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

4.4%Low

Year-on-year price swings

Max drawdown

-22.6%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.39Below average

Sortino (3Y)

0.56Moderate downside risk

Bond profile

Duration

4.9 years

Avg maturity

9.8 years

Credit ratings

US Government

3.3%

AAA

5.7%

7.2%

30.5%

BBB

55.7%

0.6%

Other

0.3%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks a high level of current income.
Strategy: Normally invests at least 80% of assets in corporate bonds and other corporate debt securities. Primarily focuses on investment-grade securities while managing interest rate risk similar to the Bloomberg U.S. Credit Bond Index. May also invest in lower-quality debt securities.
Inception date: October 6, 2014
Fund family: Fidelity Investments