Fidelity ETFs
 
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Snapshot:  FLDR

FIDELITY LOW DURATION BOND FACTOR ETF

50.9903   0.0153 (0.03%)

AS OF 4:10:00pm ET 02/21/2020 Quotes delayed at least 15 minutes.
Bid 50.99
Bid Size 0
Ask 51.00
Ask Size 0
Open 51.00
High 51.00
Low 50.98
Previous Close 50.9903
Price Performance (Last 52 Wk)
as of 02/21/2020
+1.53%
Bid/Ask Spread (1 Month Average)
as of 12/31/2019
0.03%
Premium / Discount (Bid/Ask Previous Day)
as of 02/21/2020
-0.07
Premium / Discount (1 Month Rolling Average)
as of 02/20/2020
0.07%
Volume
Volume (90-Day Average)
Tracking Error 0.03
Detailed Quote

ETP Type

ETF

Asset Class

Fixed Income

Geography Objective

Global

Debt Type Objective

Blend

Credit Grade Objective

Investment Grade

Maturity Objective

Short Term

Coupon Type
Objective

Blend

Net Assets
AS OF 02/20/2020

$207.6M

Net Expense Ratio

0.15%

Sponsor

Fidelity Management & Research

Inception Date

06/12/2018

Investment Philosophy

Enhanced Strategy

Benchmark Index

Fidelity Low Duration Investment Grade Factor Index

Index Composition

Custom-Weighted

Legal Structure

Open-End Investment Company

Objective

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 Fidelity Low Duration Investment Grade Factor 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 of U.S. investment grade floating rate notes and U.S. Treasury notes.

Learn More

Commentary

There is currently no commentary available for this symbol.

Analyst Ratings

LAST CHANGE
Firm Name As of Date Action Rating Report
FactSet 02/20/2020 -- Not Rated FactSet PDF Report
Ned Davis Research Group -- -- Log in for rating & report
XTF Inc. 12/31/2019 Upgrade 9.80000 out of 10 XTF Inc. PDF Report

Key Statistics

Duration (Yrs)
AS OF 02/20/2020
0.91
Weighted Average Duration (Yrs)
AS OF 02/20/2020
0.88
Weighted Average Maturity (Yrs)
AS OF 02/19/2020
1.91
Weighted Average Coupon
AS OF 02/20/2020
--
30-day SEC Yield
AS OF 02/19/2020
1.85%
Distribution Yield (TTM)
AS OF 01/31/2020
2.67%
See all Key Stats

Compare

FLDR
FIDELITY LOW DURATION BOND FACTOR ETF
Asset Class Median
Volume (10-Day Avg)
AS OF 02/20/2020
35.9K 25.7M
1 Week Market Total Return
AS OF 02/20/2020
+0.13% +0.12%
1 Month Market Total Return
AS OF 02/20/2020
+0.42% +0.61%
1 Year Market Total Return
AS OF 02/20/2020
+4.27% +7.96%
3 Year Annualized Market Total Return
AS OF 02/20/2020
-- +3.91%
Beta (1 Year Month-End)
AS OF 01/31/2020
0.12% 0.32
Annual Turnover Ratio
AS OF 08/31/2019
14.00% 29.00%
Net Expense Ratio
AS OF 12/30/2019
0.15% 0.25%

Performance

Growth of Hypothetical $10,000 * AS OF 01/31/2020

Cumulative Total Returns AS OF 02/20/2020
NAV Return Market Return Fidelity Low Duration Investment Grade Factor Index
AS OF 02/20/2020
YTD +0.81% +0.79% +0.82%
4 Weeks +0.41% +0.42% +0.41%
13 Weeks +0.96% +0.94% +1.02%
26 Weeks +1.65% +1.65% +1.74%
Quarter-End Average Annual Total Returns AS OF 12/31/2019
NAV Return Market Return
1 Year +4.51% +4.52%
3 Year -- --
5 Year -- --
10 Year -- --
Life +3.46% +3.52%
Life as of NAV inception date: 06/12/2018   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: 0.15%

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 02/20/2020

337 (Long: 336 | Short: 0)
View All
Top 10 (20.57% of total holdings)
CASH Cash† 10.25%
MS 2.999 01/20/22 '21 MTN MORGAN STANLEY 1.43%
UST 2.875 05/15/28 UNITED STATES TREASURY 1.28%
UST 2.375 05/15/29 UNITED STATES TREASURY 1.19%
T 2.781 07/15/21 FRN AT&T INC 1.19%
UST 2.625 02/15/29 UNITED STATES TREASURY 1.12%
WFC 2.275 05/21/21 '20 FRN WELLS FARGO BANK NA 1.09%
WFC 2.819 07/26/21 FRN WELLS FARGO & CO 1.03%
UST 2.250 02/15/27 UNITED STATES TREASURY 1.02%
NAB 2.409 05/22/20 FRN MTN NATIONAL AUSTRALIA BANK LTD 0.97%
†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 02/20/2020

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 Prospectus & Reports.

AAA 10.00% Short Term 64.21%
Investment Grade 78.03% Intermediate Term 25.53%
High Yield 1.71% Long Term --
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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