FLDBFidelity Low Duration Bond ETF
Seeks a high level of current income while preserving capital.
By Fidelity Investments · Launched 2024
Annual Cost
0.20%
#934 of 5,861 · low cost
Fund Size
$409M
#1,761 of 5,861 · large
Dividend YieldGoal
4.21%
Track Record
2 years
#3,357 of 5,861 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,402+4.0%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaStrategy
Active selection
Index tracked
Bloomberg US Treasury Bill: 6-9 Months Index
What it actually holds
By weightConcentration
Top 10 holdings = 28.8% of fund✓ well diversified
UST NOTES
8.7%
UST NOTES
7.1%
UST NOTES
5.3%
Fidelity Revere Street Trust
2.1%
UST NOTES
2.0%
UST NOTES
1.9%
CVS HEALTH CORP
0.4%
WELLS FARGO and CO
0.4%
JPMORGAN CHASE and CO
0.4%
ROYAL BANK OF CANADA
0.4%
Asset allocation
Bonds
94.0%
Cash
5.2%
Other
0.7%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
0.9%Low
Year-on-year price swings
Max drawdown
-0.4%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Bond profile
Duration
4.2 years
Avg maturity
10.0 years
Credit ratings
US Government
26.7%
AAA
48.0%
AA
13.5%
A
30.1%
BBB
7.9%
Other
0.5%
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks a high level of current income while preserving capital.
- Strategy
- Normally invests at least 80% of assets in investment-grade debt securities of medium and high quality, including corporate bonds and government securities. Engages in transactions with derivatives to adjust risk exposure, while maintaining a duration of 1 year or less and a dollar-weighted average maturity of two years or less.
- Inception date
- February 22, 2024
- Fund family
- Fidelity Investments
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Data updated on 2026-08-04