Fidelity ETFs
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Snapshot:  FCOR


47.495   0.1314 (0.28%)

AS OF 8:00:00pm ET 12/12/2018 Quotes delayed at least 15 minutes.
Bid 47.48
Bid Size 0
Ask 47.51
Ask Size 0
Open 48.00
High 48.00
Low 47.45
Previous Close 47.495
Price Performance (Last 52 Wk)
as of 12/12/2018
Bid/Ask Spread (1 Month Average)
as of 10/31/2018
Premium / Discount (Bid/Ask Previous Day)
as of 12/12/2018
Premium / Discount (1 Month Rolling Average)
as of 12/11/2018
Volume (90-Day Average)
Tracking Error 0.53
Detailed Quote

ETP Type


Asset Class

Fixed Income

Geography Objective


Debt Type Objective


Credit Grade Objective

Investment Grade

Maturity Objective

Various Maturities

Coupon Type


Net Assets
AS OF 12/11/2018


Net Expense Ratio



Fidelity Management & Research

Inception Date


Investment Philosophy

Actively Managed

Benchmark Index

Bloomberg Barclays U.S. Credit Bond Index

Index Composition


Legal Structure

Open-End Investment Company


Seeks to provide a high level of current income. The fund normally invests at least 80% of assets in investment-grade corporate bonds and other corporate debt securities and repurchase agreements for those securities.

Learn More


There is currently no commentary available for this symbol.

Analyst Ratings

Firm Name As of Date Action Rating Report
Ned Davis Research Group 12/31/2014 -- Log in for rating & report
XTF Inc. 10/31/2018 Upgrade 3.70000 out of 10 XTF Inc. PDF Report
FactSet 12/07/2018 -- C Details FactSet PDF Report
Morningstar, Inc.** 11/30/2018 -- 3 out of 53 out of 53 out of 53 out of 53 out of 5
Overall - 183 Corporate Bond funds rated

Key Statistics

Duration (Yrs)
AS OF 12/11/2018
Weighted Average Duration (Yrs)
AS OF 12/11/2018
Weighted Average Maturity (Yrs)
AS OF 12/10/2018
Weighted Average Coupon
AS OF 12/11/2018
30-day SEC Yield
AS OF 12/10/2018
Distribution Yield (TTM)
AS OF 11/30/2018
See all Key Stats


Asset Class Median
Volume (10-Day Avg)
AS OF 12/11/2018
3.8K 31.4M
1 Week Market Total Return
AS OF 12/11/2018
+0.11% +0.06%
1 Month Market Total Return
AS OF 12/11/2018
-0.07% +0.23%
1 Year Market Total Return
AS OF 12/11/2018
-3.49% -0.18%
3 Year Annualized Market Total Return
AS OF 12/11/2018
+2.83% +1.83%
Beta (1 Year Month-End)
AS OF 11/30/2018
0.80% 0.26
Annual Turnover Ratio
AS OF 08/31/2018
81.00% 27.00%
Net Expense Ratio
AS OF 12/30/2017
0.36% 0.28%


Growth of Hypothetical $10,000 * AS OF 11/30/2018

Cumulative Total Returns AS OF 12/11/2018
NAV Return Market Return Bloomberg Barclays U.S. Credit Bond Index
AS OF 12/11/2018
YTD -3.47% -3.95% -2.81%
4 Weeks -0.09% -0.07% +0.52%
13 Weeks -1.17% -1.00% -0.51%
26 Weeks 0.00% +0.15% +0.44%
Quarter-End Average Annual Total Returns AS OF 09/30/2018
NAV Return Market Return
1 Year -1.20% -1.11%
3 Year +3.31% +3.44%
5 Year -- --
10 Year -- --
Life +2.42% +2.26%
Life as of NAV inception date: 10/06/2014   Life market returns are as of the first day the ETF traded on an exchange, which may occur a few days after the NAV inception date. Market returns are based on the closing price on the listed exchange at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Gross Expense Ratio: 0.36%

The performance data featured represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate; therefore, you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted.

More about Performance & Risk

Portfolio Composition

Total Basket Holdings AS OF 12/11/2018

226 (Long: 225 | Short: 0)
View All
Top 10 (17.08% of total holdings)
CASH Cash† 7.24%
AALX 3.700 04/15/27 AMERICAN AIRLINES INC 1.30%
BAC 2.816 07/21/23 '22 MTN BANK OF AMERICA CORP 1.25%
EXC 3.497 06/01/22 '22 EXELON CORP 1.14%
VOD 4.375 05/30/28 VODAFONE GROUP PLC 1.14%
UNM 4.000 03/15/24 UNUM GROUP 1.07%
GS 2.905 07/24/23 '22 FRN GOLDMAN SACHS GROUP INC 1.04%
MOS 4.250 11/15/23 '23 MOSAIC CO 1.01%
BDX 3.700 06/06/27 '27 BECTON DICKINSON AND CO 0.95%
CPB 4.150 03/15/28 '27 CAMPBELL SOUP CO 0.94%
†Part or all of this cash position may represent cash-in-lieu of marketable securities and not actual cash.Click here for more information.

Credit Grade / Maturity   More information  AS OF 12/11/2018

Independent third parties provide portfolio composition analytics to standardize calculations for consistent comparison. However, these calculations and the resulting credit quality analytics may differ from the ETF managers' methodology, which you can learn about in the Portfolio Characteristics Report.

AAA 1.23% Short Term 9.47%
Investment Grade 74.14% Intermediate Term 58.93%
High Yield 17.39% Long Term 24.36%
More about Portfolio Composition

ETFs are subject to management fees as well as other expenses including brokerage commissions. Please contact your investment professional for more information on applicable brokerage fees. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and may only be redeemed directly with the fund by Authorized Participants in creation units.

* A hypothetical $10,000 investment made in the fund ten years ago, or on commencement of operations for funds lacking a ten-year track record. Figures include reinvestment of capital gains and dividends, but do not reflect the effect of any applicable sales charges or redemption fees, which would lower these figures. This chart is not intended to imply any future performance of the fund.

The performance data shown represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore you have a gain or loss when you sell your shares. Click on the "Performance & Risk" link to view quarter-end performance.

Average annual total returns are historical and include change in share value and reinvestment of dividends and capital gains, if any. Cumulative total returns are reported as of the period indicated. Life of fund figures are reported as of the commencement date to the period indicated. Since ETFs are bought and sold at prices set by the market - which can result in a premium or discount to NAV- the returns calculated using market price (market return) can differ from those calculated using NAV (NAV return).

Basket holdings, asset allocation, market sectors, industry exposure, and geographical diversification are as of the date indicated and may not be representative of the fund's current or future investments.

© 2014 Morningstar, Inc. All rights reserved. The Morningstar information contained herein (1) is proprietary to Morningstar or its affiliates; (2) may not be copied or redistributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, or, if available, a summary prospectus containing this information. Read it carefully.


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