Fidelity Low Duration Bond Factor ETF (FLDR)
49.72
-0.21
(-0.42%)
USD |
BATS |
Apr 26, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.15% | 0.08% | 432.19M | 150206.7 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 5.56% | 47.00% | 227.91M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Low Duration Investment Grade Factor Index℠. The fund normally invests at least 80% of assets in securities included in the index. The index is designed to optimize the balance of interest rate risk and credit risk such that both returns and risk measures may be improved relative to traditional U.S. investment grade floating rate note indices. The index is comprised solely of U.S. investment grade floating rate notes and U.S. Treasury notes. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Ultrashort Bond |
| Category Index | Bloomberg Govt/Corp 1 Yr Duration TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | Fidelity Investments |
| Prospectus Benchmark Index | |
| Fidelity Low Durtn IG Fct TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Brandon Bettencourt | 5.81 yrs |
| Richard Munclinger | 3.50 yrs |
Performance Versus Category
As of April 26, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 26, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Low Duration Investment Grade Factor Index℠. The fund normally invests at least 80% of assets in securities included in the index. The index is designed to optimize the balance of interest rate risk and credit risk such that both returns and risk measures may be improved relative to traditional U.S. investment grade floating rate note indices. The index is comprised solely of U.S. investment grade floating rate notes and U.S. Treasury notes. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Ultrashort Bond |
| Category Index | Bloomberg Govt/Corp 1 Yr Duration TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | Fidelity Investments |
| Prospectus Benchmark Index | |
| Fidelity Low Durtn IG Fct TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Brandon Bettencourt | 5.81 yrs |
| Richard Munclinger | 3.50 yrs |