PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Fidelity Corporate Bond ETF (FCOR)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US3161881012

CUSIP

316188101

Issuer

Fidelity

Inception Date

Oct 6, 2014

Region

Developed Markets (Broad)

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Bond

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
FCOR vs. FCBFX FCOR vs. FLDR FCOR vs. FBND FCOR vs. LQD FCOR vs. FBNDX FCOR vs. LQDS.L FCOR vs. AGG FCOR vs. VCIT FCOR vs. FTEC FCOR vs. IUSB
Popular comparisons:
FCOR vs. FCBFX FCOR vs. FLDR FCOR vs. FBND FCOR vs. LQD FCOR vs. FBNDX FCOR vs. LQDS.L FCOR vs. AGG FCOR vs. VCIT FCOR vs. FTEC FCOR vs. IUSB

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Corporate Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


50.00%100.00%150.00%200.00%JuneJulyAugustSeptemberOctoberNovember
28.96%
204.46%
FCOR (Fidelity Corporate Bond ETF)
Benchmark (^GSPC)

Returns By Period

Fidelity Corporate Bond ETF had a return of 3.14% year-to-date (YTD) and 9.41% in the last 12 months. Over the past 10 years, Fidelity Corporate Bond ETF had an annualized return of 2.66%, while the S&P 500 had an annualized return of 11.11%, indicating that Fidelity Corporate Bond ETF did not perform as well as the benchmark.


FCOR

YTD

3.14%

1M

-1.48%

6M

3.65%

1Y

9.41%

5Y (annualized)

0.86%

10Y (annualized)

2.66%

^GSPC (Benchmark)

YTD

23.08%

1M

0.10%

6M

10.70%

1Y

30.05%

5Y (annualized)

13.52%

10Y (annualized)

11.11%

Monthly Returns

The table below presents the monthly returns of FCOR, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.04%-1.24%1.21%-2.63%2.13%0.68%2.45%1.89%1.61%-2.57%3.14%
20234.58%-3.07%2.40%0.64%-1.35%0.77%0.11%-0.55%-3.05%-1.89%6.08%4.43%8.95%
2022-2.89%-1.96%-2.76%-5.57%1.19%-3.28%3.42%-3.41%-4.68%-0.42%5.20%-1.42%-15.88%
2021-1.50%-2.10%-1.23%1.13%0.44%1.78%1.40%-0.26%-1.18%0.34%-0.20%-0.20%-1.64%
20202.52%1.37%-8.37%6.05%2.22%2.81%3.10%-1.42%-0.19%-0.13%2.75%0.82%11.39%
20192.45%0.65%2.94%0.48%1.37%2.19%0.54%3.08%-0.44%0.54%-0.02%0.25%14.87%
2018-1.08%-1.52%-0.25%-0.81%0.55%-0.93%1.45%0.40%0.00%-1.86%-0.27%1.29%-3.04%
20170.65%1.21%0.03%0.78%0.98%0.18%0.73%0.75%-0.45%0.43%-0.32%1.01%6.13%
2016-0.90%0.97%3.63%2.26%-0.01%2.19%2.02%0.29%0.07%-0.84%-3.24%1.05%7.56%
20152.32%-0.09%-0.15%-0.47%-0.49%-1.56%0.01%-0.70%-0.23%0.93%-0.06%-1.68%-2.21%
2014-0.29%0.53%-0.08%0.16%

Expense Ratio

FCOR features an expense ratio of 0.36%, falling within the medium range.


Expense ratio chart for FCOR: current value at 0.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.36%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FCOR is 50, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of FCOR is 5050
Combined Rank
The Sharpe Ratio Rank of FCOR is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of FCOR is 6060
Sortino Ratio Rank
The Omega Ratio Rank of FCOR is 5656
Omega Ratio Rank
The Calmar Ratio Rank of FCOR is 3030
Calmar Ratio Rank
The Martin Ratio Rank of FCOR is 4848
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Corporate Bond ETF (FCOR) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for FCOR, currently valued at 1.67, compared to the broader market0.002.004.006.001.672.48
The chart of Sortino ratio for FCOR, currently valued at 2.51, compared to the broader market-2.000.002.004.006.008.0010.0012.002.513.33
The chart of Omega ratio for FCOR, currently valued at 1.30, compared to the broader market0.501.001.502.002.503.001.301.46
The chart of Calmar ratio for FCOR, currently valued at 0.66, compared to the broader market0.005.0010.0015.000.663.58
The chart of Martin ratio for FCOR, currently valued at 6.56, compared to the broader market0.0020.0040.0060.0080.00100.00120.006.5615.96
FCOR
^GSPC

The current Fidelity Corporate Bond ETF Sharpe ratio is 1.67. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Fidelity Corporate Bond ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
1.67
2.48
FCOR (Fidelity Corporate Bond ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Corporate Bond ETF provided a 4.20% dividend yield over the last twelve months, with an annual payout of $1.96 per share. The fund has been increasing its distributions for 2 consecutive years.


0.50%1.00%1.50%2.00%2.50%3.00%3.50%4.00%$0.00$0.50$1.00$1.50$2.002014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020201920182017201620152014
Dividend$1.96$1.74$1.48$1.29$1.71$1.64$1.74$1.43$1.50$1.81$0.32

Dividend yield

4.20%3.70%3.30%2.34%2.99%3.10%3.65%2.81%3.04%3.82%0.63%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Corporate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.15$0.16$0.16$0.17$0.17$0.17$0.17$0.17$0.16$0.18$0.00$1.65
2023$0.14$0.14$0.14$0.14$0.14$0.14$0.14$0.15$0.14$0.15$0.15$0.17$1.74
2022$0.11$0.11$0.11$0.12$0.13$0.13$0.12$0.13$0.14$0.13$0.13$0.13$1.48
2021$0.11$0.11$0.10$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$1.29
2020$0.13$0.13$0.14$0.13$0.13$0.12$0.11$0.12$0.11$0.13$0.11$0.35$1.71
2019$0.15$0.15$0.14$0.14$0.14$0.13$0.14$0.13$0.13$0.12$0.13$0.14$1.64
2018$0.12$0.13$0.15$0.14$0.14$0.15$0.16$0.15$0.15$0.15$0.15$0.16$1.74
2017$0.12$0.12$0.11$0.12$0.12$0.11$0.12$0.12$0.12$0.11$0.13$0.13$1.43
2016$0.13$0.14$0.13$0.14$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.13$1.50
2015$0.15$0.13$0.13$0.13$0.13$0.13$0.14$0.13$0.14$0.14$0.14$0.35$1.81
2014$0.08$0.12$0.13$0.32

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-7.23%
-2.18%
FCOR (Fidelity Corporate Bond ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Corporate Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Corporate Bond ETF was 22.60%, occurring on Oct 20, 2022. The portfolio has not yet recovered.

The current Fidelity Corporate Bond ETF drawdown is 7.23%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-22.6%Aug 5, 2021306Oct 20, 2022
-18.79%Mar 9, 202010Mar 20, 202060Jun 16, 202070
-7.25%Jan 2, 2018150Aug 6, 2018134Feb 19, 2019284
-6.37%Apr 16, 2015186Jan 20, 201658Apr 19, 2016244
-5.54%Jan 4, 202152Mar 18, 202194Aug 2, 2021146

Volatility

Volatility Chart

The current Fidelity Corporate Bond ETF volatility is 2.38%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
2.38%
4.06%
FCOR (Fidelity Corporate Bond ETF)
Benchmark (^GSPC)