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) | $242 |
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% // | 2.3 % |
0.0% // | 1.8 % |
0.0% // | 1.4 % |
0.0% // | 1.4 % |
0.0% // | 1.2 % |
0.0% // | 1.0 % |
0.0% // | 0.9 % |
0.0% // | 0.9 % |
0.0% // | 0.9 % |
0.0% // | 0.8 % |
TOTAL | 12.7 % |
---|
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% |
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UNITED STATES | 74.0 % |
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UNITED KINGDOM | 4.3 % |
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CANADA | 4.1 % |
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FRANCE | 2.5 % |
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SWITZERLAND | 2.2 % |
HISTORICAL RETURNS 

Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
3.2% | 5.4% | -0.0% | 2.8% | 2.6% |
versus... | Beta | R-squared |
---|---|---|
Barclays Agg. Bond | 1.18 | 95% |
S&P500 | 0.40 | 55% |
MSCI EAFE | 0.44 | 69% |
MSCI Emg. Mkts. | 0.38 | 54% |
Recent close | $47.32 |
30d moving avg. | $46.47 |
Annualized volatility | 8.8% |
Short interest (ETF) | 0.6% |
Relative strength (RSI) | 59 |
Avg. volume (thou.) | 36 |
Avg. daily value traded (mns) | $2 |
Turnover | 0.7% |
Bid/Ask (% of price) | 0.10 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
FCOR | 7.7 yrs | Category Avg.* |
4.7 yrs |
FCOR | 7.5% | Category Avg.* |
4.5% |
Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
+300 bp | 8.53% | -20.8% | $37.50 |
+200 bp | 7.53% | -14.2% | $40.60 |
+150 bp | 7.03% | -10.8% | $42.22 |
+100 bp | 6.53% | -7.3% | $43.88 |
+75 bp | 6.28% | -5.5% | $44.72 |
+50 bp | 6.03% | -3.7% | $45.58 |
+25 bp | 5.78% | -1.9% | $46.44 |
0 bp | 5.53% | 0% | $47.32 |
-25 bp | 5.28% | 1.9% | $48.21 |
-50 bp | 5.03% | 3.8% | $49.11 |
-75 bp | 4.78% | 5.7% | $50.01 |
-100 bp | 4.53% | 7.6% | $50.93 |
-150 bp | 4.03% | 11.6% | $52.80 |
-200 bp | 3.53% | 15.6% | $54.72 |
-300 bp | 2.53% | 24.0% | $58.67 |
*Fund Category: CORPORATE
ALTAR Score™
Calculation of ALTAR Score™ | ||
---|---|---|
Adj. Yield to Maturity ![]() |
553 | bp |
Less: Annual "default factor" ![]() |
26 | bp |
Less: Expense ratio | 36 | bp |
Equals: ALTAR Score | 4.91 | % |
Average ALTAR Score™ by Category | |
---|---|
Aggregate | 3.2% |
Corporate | 4.0% |
Emerging Market | 5.7% |
Government | 7.4% |
Inflation Protected | 2.4% |
Mortgage | 5.0% |
Municipals | 3.5% |
*Note: The Fidelity Corporate Bond ETF is classified as a Corporate fund. |