FLDRFidelity Low Duration Bond Factor ETF

Get income8y track recordRanked #169 of 1,622 in this goal

Seeks to provide investment returns that correspond to the performance of the Fidelity Low Duration Investment Grade Factor Index.

By Fidelity Investments · Launched 2018

Annual Cost

0.15%

#740 of 5,562 · low cost

Fund Size

$1.6B

#843 of 5,562 · large

Dividend YieldGoal

4.43%

Track Record

8 years

#1,755 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,466+4.7%

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

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

Fidelity Low Duration Investment Grade Factor Index

What it actually holds

By weight

Concentration

Top 10 holdings = 13.0% of fund✓ well diversified

NATIONAL AUSTRALIA BANK LTD

1.7%

UST NOTES

1.5%

UST NOTES

1.4%

UST NOTES

1.3%

UST NOTES

1.2%

UST NOTES

1.2%

UST NOTES

1.2%

CITIBANK, N.A.

1.2%

UST NOTES

1.1%

UST NOTES

1.1%

Asset allocation

Bonds

98.2%

Cash

1.3%

Other

0.5%

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)

1.73Strong risk-adjusted returns

Sortino (3Y)

2.68Good downside protection

Bond profile

Avg maturity

10.0 years

Credit ratings

US Government

12.2%

AAA

14.3%

38.6%

44.3%

BBB

2.8%

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to provide investment returns that correspond to the performance of the Fidelity Low Duration Investment Grade Factor Index.
Strategy: Invests primarily in securities included in the Fidelity Low Duration Investment Grade Factor Index, which optimizes interest rate and credit risk. Composed of U.S. investment grade floating rate notes and U.S. Treasury notes, using statistical sampling to replicate index returns.
Inception date: June 12, 2018
Fund family: Fidelity Investments