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Fidelity Low Duration Bond Factor ETF (FLDR)

ETF · Currency in USD · Last updated Mar 18, 2023

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.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in Fidelity Low Duration Bond Factor ETF in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,839 for a total return of roughly 8.39%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
2.40%
6.47%
FLDR (Fidelity Low Duration Bond Factor ETF)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with FLDR

Popular comparisons: FLDR vs. VCSH, FLDR vs. IGSB, FLDR vs. BSV, FLDR vs. VTIP, FLDR vs. FCOR, FLDR vs. AGG

Return

Fidelity Low Duration Bond Factor ETF had a return of 1.23% year-to-date (YTD) and 1.83% in the last 12 months. Over the past 10 years, Fidelity Low Duration Bond Factor ETF had an annualized return of 1.71%, while the S&P 500 had an annualized return of 7.22%, indicating that Fidelity Low Duration Bond Factor ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month0.04%-5.31%
Year-To-Date1.23%2.01%
6 months2.21%0.39%
1 year1.83%-10.12%
5 years (annualized)1.71%7.22%
10 years (annualized)1.71%7.22%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20231.08%0.15%
2022-0.33%-0.12%0.95%0.46%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Fidelity Low Duration Bond Factor ETF Sharpe ratio is 1.02. A Sharpe ratio greater than 1.0 is considered acceptable.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.00NovemberDecember2023FebruaryMarch
1.02
-0.43
FLDR (Fidelity Low Duration Bond Factor ETF)
Benchmark (^GSPC)

Dividend History

Fidelity Low Duration Bond Factor ETF granted a 2.86% dividend yield in the last twelve months. The annual payout for that period amounted to $1.42 per share.


PeriodTTM20222021202020192018
Dividend$1.42$1.04$0.26$0.63$1.36$0.69

Dividend yield

2.86%2.11%0.52%1.27%2.82%1.48%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.18$0.21
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.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2023FebruaryMarch
-0.48%
-18.34%
FLDR (Fidelity Low Duration Bond Factor ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Fidelity Low Duration Bond Factor ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Fidelity Low Duration Bond Factor ETF is 12.23%, recorded on Mar 20, 2020. It took 58 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.23%Mar 6, 202011Mar 20, 202058Jun 12, 202069
-2.33%Aug 4, 2021307Oct 20, 202257Jan 12, 2023364
-1.06%Oct 24, 201835Dec 13, 201838Feb 8, 201973
-0.53%Dec 14, 202074Mar 31, 202168Jul 8, 2021142
-0.48%Mar 14, 20234Mar 17, 2023
-0.28%Sep 5, 20197Sep 13, 20197Sep 24, 201914
-0.22%Sep 4, 202024Oct 8, 202045Dec 11, 202069
-0.22%Sep 12, 20187Sep 20, 201815Oct 11, 201822
-0.18%Jul 23, 20181Jul 23, 20187Aug 2, 20188
-0.17%Jul 8, 20194Jul 11, 20197Jul 22, 201911

Volatility Chart

Current Fidelity Low Duration Bond Factor ETF volatility is 2.21%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
2.21%
21.17%
FLDR (Fidelity Low Duration Bond Factor ETF)
Benchmark (^GSPC)