Fidelity Low Duration Bond ETF (FLDB)
The ETF primarily focuses on investing in investment-grade debt securities and repurchase agreements, while aiming to maintain a short duration of 1 year or less.
ETF Info
Feb 22, 2024
1x
No Index (Active)
Expense Ratio
FLDB has an expense ratio of 0.20%, which is considered low compared to other funds.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Low Duration 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
FLDB
0.61%
0.39%
2.49%
N/A
N/A
N/A
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of FLDB, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.65% | 0.61% | |||||||||||
| 2024 | 0.12% | 0.40% | 0.32% | 0.53% | 0.43% | 0.65% | 0.54% | 0.58% | 0.40% | 0.33% | 0.36% | 4.75% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Low Duration Bond ETF (FLDB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
Fidelity Low Duration Bond ETF provided a 4.32% dividend yield over the last twelve months, with an annual payout of $2.18 per share.
| Period | TTM | 2024 |
|---|---|---|
| Dividend | $2.18 | $1.99 |
Dividend yield | 4.32% | 3.96% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Low Duration 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.19 | $0.00 | $0.19 | ||||||||||
| 2024 | $0.19 | $0.11 | $0.22 | $0.21 | $0.21 | $0.21 | $0.18 | $0.21 | $0.20 | $0.25 | $1.99 |
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 Low Duration 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 Low Duration Bond ETF was 0.38%, occurring on Mar 27, 2024. Recovery took 21 trading sessions.
The current Fidelity Low Duration Bond ETF drawdown is 0.04%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -0.38% | Mar 27, 2024 | 1 | Mar 27, 2024 | 21 | Apr 26, 2024 | 22 |
| -0.38% | Aug 6, 2024 | 1 | Aug 6, 2024 | 6 | Aug 14, 2024 | 7 |
| -0.24% | Aug 15, 2024 | 1 | Aug 15, 2024 | 1 | Aug 16, 2024 | 2 |
| -0.24% | Oct 14, 2024 | 1 | Oct 14, 2024 | 1 | Oct 15, 2024 | 2 |
| -0.22% | Oct 7, 2024 | 1 | Oct 7, 2024 | 2 | Oct 9, 2024 | 3 |
Volatility
Volatility Chart
The current Fidelity Low Duration Bond ETF volatility is 0.38%, 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.