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Fidelity Limited Term Bond ETF
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| The Fidelity Limited Term Bond ETF is an actively managed, broad-based bond fund with primary focus on investment-grade credits and target maturity between 2 and 5 years. |
| Category | Aggregate |
| Fund Sponsor | Fidelity |
| Website | screener.fidelity.com |
| Inception date | Oct 06, 2014 |
| Assets (mns) | $223 |
| Currency | USD |
| Expense ratio | 25 bp |
| Distributions | Monthly |
| Regulation | Open-Ended Fund |
| Custodian | |
| Weighting | Proprietary |
| Index replication |
| No. of constituents | 238 |
| No of distinct issuers | 171 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 9% /91% |
| Non-standard maturity (callable, etc.) | 55% |
| UNITED STATES TREASUR 1.6% 5/31/23 | 3.9 % |
| UNITED STATES TREASUR 2.4% 8/15/24 | 2.7 % |
| UNITED STATES TREASUR 1.9% 9/30/22 | 2.4 % |
| JPMORGAN CHASE & CO. 2.6% 3/01/21 | 2.3 % |
| UNITED STATES TREASUR 2.1% 3/31/24 | 2.1 % |
| BANK OF AMERICA CORPO 2.6% 4/19/21 | 1.9 % |
| UNITED STATES TREASUR 2.6% 6/30/23 | 1.9 % |
| GOLDMAN SACHS GROUP, 2.6% 4/25/21 | 1.9 % |
| WELLS FARGO & COMPANY 2.1% 7/26/21 | 1.7 % |
| CITIGROUP INC. 2.7% 1/27/22 | 1.6 % |
| TOTAL | 22.3 % |
|---|
| U.S. TREASURY | 20.5% |
| JPMORGAN CHASE & CO. | 2.5% |
| GOLDMAN SACHS GROUP, INC. | 2.2% |
| BANK OF AMERICA CORPORATION | 1.9% |
| WELLS FARGO & COMPANY | 1.7% |
 |
United States | 82.3 % |
 |
BRITAIN | 3.9 % |
 |
CANADA | 2.4 % |
 |
IRELAND | 1.2 % |
 |
UNITED KINGDOM | 1.1 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 1.3% | 5.0% | 2.4% | 2.1% | 2.1% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.42 | 89% |
| S&P500 | 0.13 | 44% |
| MSCI EAFE | 0.15 | 59% |
| MSCI Emg. Mkts. | 0.14 | 52% |
| Recent close | $49.84 |
| 30d moving avg. | $49.93 |
| Annualized volatility | 3.4% |
| Short interest (ETF) | 0.4% |
| Relative strength (RSI) | 43 |
| Avg. volume (thou.) | 30 |
| Avg. daily value traded (mns) | $1 |
| Turnover | 0.7% |
| Bid/Ask (% of price) | 0.14 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| FLTB | 2.6 yrs | Category Avg.* |
4.8 yrs |
| FLTB | 2.5% | Category Avg.* |
4.7% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 6.31% | -7.9% | $45.91 |
| +200 bp | 5.31% | -5.2% | $47.25 |
| +150 bp | 4.81% | -3.9% | $47.91 |
| +100 bp | 4.31% | -2.6% | $48.56 |
| +75 bp | 4.06% | -1.9% | $48.89 |
| +50 bp | 3.81% | -1.3% | $49.21 |
| +25 bp | 3.56% | -0.6% | $49.52 |
| 0 bp | 3.31% | 0% | $49.84 |
| -25 bp | 3.06% | 0.6% | $50.15 |
| -50 bp | 2.81% | 1.3% | $50.47 |
| -75 bp | 2.56% | 1.9% | $50.78 |
| -100 bp | 2.31% | 2.5% | $51.08 |
| -150 bp | 1.81% | 3.7% | $51.70 |
| -200 bp | 1.31% | 4.9% | $52.30 |
| -300 bp | 0.31% | 7.3% | $53.48 |
*Fund Category: AGGREGATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
331 | bp |
| Less: Annual "default factor" |
17 | bp |
| Less: Expense ratio | 25 | bp |
| Equals: ALTAR Score | 2.89 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.3% |
| Corporate | 4.4% |
| Emerging Market | 6.2% |
| Government | 7.2% |
| Inflation Protected | 2.5% |
| Mortgage | 5.1% |
| Municipals | 3.6% |
| *Note: The Fidelity Limited Term Bond ETF is classified as a Aggregate fund. | |