Fidelity Low Duration Bond Factor ETF (FLDR)
FLDR is a passive ETF by Fidelity tracking the investment results of the Fidelity Low Duration Investment Grade Factor Index. FLDR launched on Jun 12, 2018 and has a 0.15% expense ratio.
ETF Info
| ISIN | US3161884081 |
|---|---|
| CUSIP | 316188408 |
| Issuer | Fidelity |
| Inception Date | Jun 12, 2018 |
| Region | Developed Markets (Broad) |
| Category | Corporate Bonds |
| Index Tracked | Fidelity Low Duration Investment Grade Factor Index |
| ETF Home Page | screener.fidelity.com |
| Asset Class | Bond |
Expense Ratio
The Fidelity Low Duration Bond Factor ETF features an expense ratio of 0.15%, falling within the medium range.
Share Price Chart
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Performance
The chart shows the growth of an initial investment of $10,000 in Fidelity Low Duration Bond Factor ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Compare to other instruments
Return
Fidelity Low Duration Bond Factor ETF had a return of 5.62% year-to-date (YTD) and 5.94% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.62% | 18.49% |
| 1 month | 1.01% | 4.20% |
| 6 months | 2.71% | 6.60% |
| 1 year | 5.94% | 15.43% |
| 5 years (annualized) | 2.30% | 11.59% |
| 10 years (annualized) | N/A | 9.70% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.42% | 0.56% | 0.39% | 0.35% | 0.09% | 0.12% | 0.98% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for Fidelity Low Duration Bond Factor ETF (FLDR) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
FLDR Fidelity Low Duration Bond Factor ETF | 4.46 | ||||
^GSPC S&P 500 | 1.00 |
Dividend History
Fidelity Low Duration Bond Factor ETF granted a 5.24% dividend yield in the last twelve months. The annual payout for that period amounted to $2.61 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Dividend | $2.61 | $1.04 | $0.26 | $0.63 | $1.36 | $0.69 |
Dividend yield | 5.24% | 2.09% | 0.51% | 1.22% | 2.69% | 1.38% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Low Duration Bond Factor 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.18 | $0.21 | $0.19 | $0.22 | $0.22 | $0.23 | $0.21 | $0.24 | $0.23 | $0.23 | $0.24 | |
| 2022 | $0.01 | $0.03 | $0.02 | $0.04 | $0.05 | $0.07 | $0.08 | $0.11 | $0.11 | $0.14 | $0.17 | $0.22 |
| 2021 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
| 2020 | $0.09 | $0.09 | $0.09 | $0.08 | $0.06 | $0.05 | $0.04 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 |
| 2019 | $0.09 | $0.14 | $0.11 | $0.13 | $0.13 | $0.12 | $0.11 | $0.10 | $0.10 | $0.10 | $0.10 | $0.14 |
| 2018 | $0.06 | $0.11 | $0.11 | $0.10 | $0.09 | $0.11 | $0.11 |
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 Low Duration Bond Factor 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 Factor ETF was 12.23%, occurring on Mar 20, 2020. Recovery took 58 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.23% | Mar 6, 2020 | 11 | Mar 20, 2020 | 58 | Jun 12, 2020 | 69 |
| -2.33% | Aug 4, 2021 | 307 | Oct 20, 2022 | 57 | Jan 12, 2023 | 364 |
| -1.06% | Oct 24, 2018 | 35 | Dec 13, 2018 | 38 | Feb 8, 2019 | 73 |
| -0.68% | Mar 14, 2023 | 6 | Mar 21, 2023 | 11 | Apr 5, 2023 | 17 |
| -0.53% | Dec 14, 2020 | 74 | Mar 31, 2021 | 68 | Jul 8, 2021 | 142 |
Volatility Chart
The current Fidelity Low Duration Bond Factor ETF volatility is 0.39%, 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.