Fidelity Corporate Bond ETF (FCOR)
FCOR is an actively managed ETF by Fidelity. FCOR launched on Oct 6, 2014 and has a 0.36% expense ratio.
ETF Info
| ISIN | US3161881012 |
|---|---|
| CUSIP | 316188101 |
| Issuer | Fidelity |
| Inception Date | Oct 6, 2014 |
| Region | Developed Markets (Broad) |
| Category | Corporate Bonds, Actively Managed |
| Index Tracked | No Index (Active) |
| Home Page | screener.fidelity.com |
| Asset Class | Bond |
Expense Ratio
The Fidelity Corporate Bond ETF has a high expense ratio of 0.36%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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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.
Returns By Period
Fidelity Corporate Bond ETF had a return of -2.47% year-to-date (YTD) and 2.61% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -2.47% | 5.05% |
| 1 month | -2.18% | -4.27% |
| 6 months | 7.92% | 18.82% |
| 1 year | 2.61% | 21.22% |
| 5 years (annualized) | 1.12% | 11.38% |
| 10 years (annualized) | N/A | 10.42% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.04% | -1.24% | 1.21% | |||||||||
| 2023 | -3.05% | -1.89% | 6.08% | 4.43% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Fidelity Corporate Bond ETF(FCOR)
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.
Dividends
Dividend History
Fidelity Corporate Bond ETF granted a 3.93% dividend yield in the last twelve months. The annual payout for that period amounted to $1.79 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.79 | $1.74 | $1.48 | $1.29 | $1.71 | $1.64 | $1.74 | $1.43 | $1.50 | $1.81 | $0.32 |
Dividend yield | 3.93% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.15 | $0.16 | $0.16 | |||||||||
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 2014 | $0.08 | $0.12 | $0.13 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 12.27%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.6% | Aug 5, 2021 | 306 | Oct 20, 2022 | — | — | — |
| -18.79% | Mar 9, 2020 | 10 | Mar 20, 2020 | 60 | Jun 16, 2020 | 70 |
| -7.25% | Jan 2, 2018 | 150 | Aug 6, 2018 | 134 | Feb 19, 2019 | 284 |
| -6.37% | Apr 16, 2015 | 186 | Jan 20, 2016 | 58 | Apr 19, 2016 | 244 |
| -5.54% | Jan 4, 2021 | 52 | Mar 18, 2021 | 94 | Aug 2, 2021 | 146 |
Volatility
Volatility Chart
The current Fidelity Corporate Bond ETF volatility is 1.88%, 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.