Fidelity Corporate Bond ETF
|
- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
The Fidelity Corporate Bond ETF is an actively managed USD corporate bond fund. It aims to have similar interest-rate risk as the Barclays US Credit Bond Index. |
Category | Corporate |
Fund Sponsor | Fidelity |
Website | screener.fidelity.com |
Inception date | Oct 06, 2014 |
Assets (mns) | $210 |
Currency | USD |
Expense ratio | 36 bp |
Distributions | Monthly |
Regulation | Open-Ended Fund |
Custodian | |
Weighting | Proprietary |
Index replication |
No. of constituents | 411 |
No of distinct issuers | 220 |
Inflation protected | 0% |
Variable/Fixed coupon | 23% /77% |
Non-standard maturity (callable, etc.) | 81% |
0.0% /00/00 | 5.5 % |
UNITED STATES TREASUR 2.5% 2/15/46 | 4.4 % |
BANK OF AMERICA CORPO 2.8% 7/21/23 | 1.0 % |
MICRON TECHNOLOGY, IN 4.6% 2/06/24 | 0.9 % |
CLECO CORPORATE HOLDI 3.7% 5/01/26 | 0.8 % |
PARK AEROSPACE HOLDIN 5.3% 8/15/22 | 0.8 % |
DOLLAR TREE, INC. 4.0% 5/15/25 | 0.8 % |
CONAGRA BRANDS, INC. 4.6% 11/01/25 | 0.7 % |
ANHEUSER-BUSCH INBEV 4.9% 2/01/46 | 0.7 % |
NEXTERA ENERGY CAPITA 3.3% 4/01/26 | 0.7 % |
TOTAL | 16.4 % |
---|
U.S. TREASURY | 8.6% |
BANK OF AMERICA CORPORATION | 2.5% |
JPMORGAN CHASE & CO. | 1.8% |
CREDIT SUISSE GROUP AG | 1.3% |
HSBC HOLDINGS PLC | 1.3% |
UNITED STATES | 74.0 % | |
UNITED KINGDOM | 4.3 % | |
CANADA | 4.1 % | |
FRANCE | 2.5 % | |
SWITZERLAND | 2.2 % |
HISTORICAL RETURNS
Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
-0.1% | 5.6% | 1.8% | -- | 2.5% |
versus... | Beta | R-squared |
---|---|---|
Barclays Agg. Bond | 1.27 | 95% |
S&P500 | 0.41 | 60% |
MSCI EAFE | 0.45 | 68% |
MSCI Emg. Mkts. | 0.39 | 54% |
Recent close | $45.47 |
30d moving avg. | $45.02 |
Annualized volatility | 9.3% |
Short interest (ETF) | 0.1% |
Relative strength (RSI) | 77 |
Avg. volume (thou.) | 24 |
Avg. daily value traded (mns) | $1 |
Turnover | 0.5% |
Bid/Ask (% of price) | 0.10 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
FCOR | 7.7 yrs | Category Avg.* |
4.6 yrs |
FCOR | 7.5% | Category Avg.* |
4.5% |
Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
+300 bp | 8.90% | -20.8% | $36.03 |
+200 bp | 7.90% | -14.2% | $39.02 |
+150 bp | 7.40% | -10.8% | $40.57 |
+100 bp | 6.90% | -7.3% | $42.16 |
+75 bp | 6.65% | -5.5% | $42.97 |
+50 bp | 6.40% | -3.7% | $43.80 |
+25 bp | 6.15% | -1.9% | $44.63 |
0 bp | 5.90% | 0% | $45.47 |
-25 bp | 5.65% | 1.9% | $46.32 |
-50 bp | 5.40% | 3.8% | $47.19 |
-75 bp | 5.15% | 5.7% | $48.06 |
-100 bp | 4.90% | 7.6% | $48.94 |
-150 bp | 4.40% | 11.6% | $50.74 |
-200 bp | 3.90% | 15.6% | $52.58 |
-300 bp | 2.90% | 24.0% | $56.38 |
*Fund Category: CORPORATE
ALTAR Score™
Calculation of ALTAR Score™ | ||
---|---|---|
Adj. Yield to Maturity | 590 | bp |
Less: Annual "default factor" | 26 | bp |
Less: Expense ratio | 36 | bp |
Equals: ALTAR Score | 5.28 | % |
Average ALTAR Score™ by Category | |
---|---|
Aggregate | 3.6% |
Corporate | 4.5% |
Emerging Market | 6.2% |
Government | 4.7% |
Inflation Protected | 3.0% |
Mortgage | 5.3% |
Municipals | 3.4% |
*Note: The Fidelity Corporate Bond ETF is classified as a Corporate fund. |