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
US3161881012
316188101
Oct 6, 2014
Developed Markets (Broad)
1x
No Index (Active)
Share Price Chart
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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 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
3.14%
-1.48%
3.65%
9.41%
0.86%
2.66%
^GSPC (Benchmark)
23.08%
0.10%
10.70%
30.05%
13.52%
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.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -0.04% | -1.24% | 1.21% | -2.63% | 2.13% | 0.68% | 2.45% | 1.89% | 1.61% | -2.57% | 3.14% | ||
2023 | 4.58% | -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% |
2020 | 2.52% | 1.37% | -8.37% | 6.05% | 2.22% | 2.81% | 3.10% | -1.42% | -0.19% | -0.13% | 2.75% | 0.82% | 11.39% |
2019 | 2.45% | 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% |
2017 | 0.65% | 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% |
2015 | 2.32% | -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.
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.
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 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.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|---|---|---|---|---|
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.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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.
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, 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 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.