FTBDFidelity Tactical Bond ETF
Seeks a high level of current income.
By Fidelity Investments · Launched 2023
Annual Cost
0.55%
#2,921 of 5,861 · average
Fund Size
$37M
#3,944 of 5,861 · small
Dividend YieldGoal
5.05%
Track Record
3 years
#2,834 of 5,861 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,363+3.6%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaWhat it actually holds
By weightConcentration
Top 10 holdings = 54.5% of fundmoderately concentrated
UST NOTES
16.9%
Fidelity Revere Street Trust
10.3%
UNITED STATES TREASURY BOND
6.9%
UST NOTES
5.8%
UST NOTES
4.9%
UNITED STATES TREASURY BOND
3.5%
UNITED STATES TREASURY BOND
1.9%
UNITED STATES TREASURY BOND
1.7%
PETROLEOS MEXICANOS
1.4%
Fidelity Revere Street Trust
1.3%
Asset allocation
Bonds
91.4%
Other
6.6%
Convertible
1.2%
Preferred
0.7%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
4.3%Low
Year-on-year price swings
Max drawdown
-7.0%Mild
Worst peak-to-trough loss
Sharpe (3Y)
0.17Below average
Sortino (3Y)
0.24Moderate downside risk
Bond profile
Duration
4.9 years
Avg maturity
9.7 years
Credit ratings
US Government
51.1%
AAA
63.3%
AA
0.7%
A
5.1%
BBB
14.3%
BB
16.1%
B
4.5%
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks a high level of current income.
- Strategy
- Invests primarily in debt securities of all types, including investment-grade, high yield, and emerging markets debt across different maturities. Allocates at least 80% of assets to these securities, including those from foreign issuers and emerging markets, while also engaging in transactions that may involve derivatives for leverage.
- Inception date
- January 24, 2023
- Fund family
- Fidelity Investments
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Data updated on 2026-08-04