FLDRFidelity Low Duration Bond Factor ETF

Get income8y track recordRanked #154 of 1,706 in this goal

Tracks the Fidelity Low Duration Investment Grade Factor Index.

By Fidelity Investments · Launched 2018

Annual Cost

0.15%

#645 of 6,040 · low cost

Fund Size

$2.2B

#743 of 6,040 · large

Return (1Y)

+3.5%

Track Record

8 years

#1,736 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,375+3.7%

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

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

Fidelity Low Duration Investment Grade Factor Index

Holdings

By weight

Concentration

Top 10 holdings = 11.3% of funddiversified

UST NOTES

1.5%

UST NOTES

1.4%

UST NOTES

1.4%

UST NOTES

1.2%

UST NOTES

1.1%

UST NOTES

1.0%

CITIBANK, N.A.

1.0%

UST NOTES

1.0%

UST NOTES

0.9%

WELLS FARGO and CO

0.8%

Asset allocation

Bonds

98.3%

Cash

1.5%

Other

0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

0.8%Low

Year-on-year price swings

Max drawdown

-12.2%Mild

Worst peak-to-trough loss

Sharpe (3Y)

1.19Strong risk-adjusted returns

Sortino (3Y)

1.77Good downside protection

Bond profile

Duration

4.5 years

Avg maturity

10.0 years

Credit ratings

US Government

12.2%

AAA

15.8%

40.1%

40.7%

BBB

3.1%

Other

0.3%

Listing

Exchange: Cboe BZX

Full fund details

Objective: Tracks the Fidelity Low Duration Investment Grade Factor Index.
Strategy: Invests primarily in U.S. investment grade floating rate notes and U.S. Treasury notes, targeting a duration of 1 year or less. Uses statistical sampling to replicate the Fidelity Low Duration Investment Grade Factor Index returns while optimizing interest rate and credit risk.
Inception date: June 12, 2018
Fund family: Fidelity Investments