FTBDFidelity Tactical Bond ETF
Seeks a high level of current income.
By Fidelity Investments · Launched 2023
Annual Cost
0.55%
#3,020 of 6,040 · average
Fund Size
$39M
#4,020 of 6,040 · mid-size
Return (1Y)
+0.1%
Track Record
3 years
#2,849 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,038+0.4%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaHoldings
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
92.5%
Other
6.4%
Convertible
1.2%
Preferred
0.7%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
4.2%Low
Year-on-year price swings
Max drawdown
-7.0%Mild
Worst peak-to-trough loss
Sharpe (3Y)
0.22Below average
Sortino (3Y)
0.32Moderate downside risk
Bond profile
Duration
5.0 years
Avg maturity
9.5 years
Credit ratings
US Government
54.0%
AAA
62.9%
AA
0.8%
A
4.7%
BBB
13.5%
BB
14.9%
B
4.3%
Below B
2.3%
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
Similar funds
Same asset class, closest by strategy & exposureNext steps
Save FTBD to compare it with other funds, or start building a portfolio.
Data updated on 2026-09-18