Fidelity Limited Term Bond ETF (FLTB)
FLTB is an actively managed ETF by Fidelity. FLTB launched on Oct 6, 2014 and has a 0.36% expense ratio.
ETF Info
| ISIN | US3161882002 |
|---|---|
| CUSIP | 316188200 |
| Issuer | Fidelity |
| Inception Date | Oct 6, 2014 |
| Region | North America (U.S.) |
| Category | Total Bond Market, Actively Managed |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Home Page | screener.fidelity.com |
| Asset Class | Bond |
Expense Ratio
FLTB features an expense ratio of 0.36%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: FLTB vs. BSV, FLTB vs. BOXX, FLTB vs. SCHD, FLTB vs. MINT, FLTB vs. SPY, FLTB vs. FTEC, FLTB vs. FBND, FLTB vs. FLRT, FLTB vs. SHY, FLTB vs. FCNVX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Limited Term 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 Limited Term Bond ETF had a return of 4.87% year-to-date (YTD) and 8.33% in the last 12 months. Over the past 10 years, Fidelity Limited Term Bond ETF had an annualized return of 2.08%, while the S&P 500 had an annualized return of 11.43%, indicating that Fidelity Limited Term Bond ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.87% | 25.82% |
| 1 month | -0.11% | 3.20% |
| 6 months | 4.07% | 14.94% |
| 1 year | 8.33% | 35.92% |
| 5 years (annualized) | 1.84% | 14.22% |
| 10 years (annualized) | 2.08% | 11.43% |
Monthly Returns
The table below presents the monthly returns of FLTB, 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 | 0.40% | -0.42% | 0.67% | -0.66% | 1.04% | 0.76% | 1.48% | 1.05% | 1.13% | -0.83% | 4.87% | ||
| 2023 | 1.53% | -1.08% | 1.35% | 0.57% | -0.38% | -0.36% | 0.59% | 0.20% | -0.40% | 0.02% | 1.96% | 1.83% | 5.94% |
| 2022 | -1.01% | -0.79% | -1.91% | -1.31% | 0.55% | -1.10% | 1.25% | -1.31% | -1.75% | -0.45% | 1.74% | 0.14% | -5.88% |
| 2021 | -0.11% | -0.50% | -0.31% | 0.27% | 0.23% | -0.13% | 0.39% | -0.05% | -0.33% | -0.44% | -0.32% | 0.09% | -1.20% |
| 2020 | 1.06% | 0.85% | -3.48% | 2.94% | 1.52% | 0.96% | 0.60% | 0.18% | -0.13% | 0.15% | 0.40% | 0.50% | 5.57% |
| 2019 | 0.79% | 0.19% | 1.23% | 0.21% | 0.68% | 0.91% | 0.14% | 1.09% | -0.11% | 0.37% | -0.02% | 0.25% | 5.86% |
| 2018 | -0.45% | -0.34% | 0.11% | -0.10% | 0.44% | -0.23% | 0.35% | 0.38% | -0.06% | -0.14% | 0.17% | 0.92% | 1.06% |
| 2017 | 0.38% | 0.43% | 0.12% | 0.45% | 0.42% | 0.06% | 0.48% | 0.18% | -0.15% | 0.00% | -0.37% | 0.09% | 2.10% |
| 2016 | 0.79% | 0.27% | 0.92% | 0.16% | -0.04% | 1.25% | 0.38% | -0.13% | 0.04% | -0.13% | -1.41% | 0.05% | 2.13% |
| 2015 | 1.01% | -0.63% | 0.65% | 0.48% | 0.00% | -0.32% | 0.08% | 0.01% | 0.39% | 0.16% | -0.26% | -0.71% | 0.86% |
| 2014 | -0.08% | 0.19% | -0.18% | -0.07% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FLTB is 85, placing it in the top 15% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Limited Term Bond ETF (FLTB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Limited Term Bond ETF provided a 3.95% dividend yield over the last twelve months, with an annual payout of $1.97 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 | $1.97 | $1.57 | $0.78 | $0.46 | $0.83 | $1.36 | $1.24 | $0.89 | $0.79 | $0.81 | $0.17 |
Dividend yield | 3.95% | 3.20% | 1.63% | 0.89% | 1.56% | 2.67% | 2.50% | 1.78% | 1.59% | 1.63% | 0.35% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Limited Term 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 | $0.15 | $0.16 | $0.17 | $0.18 | $0.18 | $0.18 | $0.17 | $0.17 | $0.17 | $0.00 | $1.67 | |
| 2023 | $0.16 | $0.10 | $0.11 | $0.12 | $0.12 | $0.13 | $0.12 | $0.14 | $0.14 | $0.14 | $0.15 | $0.15 | $1.57 |
| 2022 | $0.04 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.06 | $0.07 | $0.07 | $0.09 | $0.09 | $0.13 | $0.78 |
| 2021 | $0.04 | $0.05 | $0.04 | $0.04 | $0.03 | $0.04 | $0.05 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2020 | $0.08 | $0.09 | $0.09 | $0.10 | $0.09 | $0.06 | $0.09 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.83 |
| 2019 | $0.11 | $0.11 | $0.11 | $0.12 | $0.11 | $0.12 | $0.11 | $0.11 | $0.12 | $0.10 | $0.08 | $0.15 | $1.36 |
| 2018 | $0.08 | $0.08 | $0.08 | $0.11 | $0.08 | $0.15 | $0.06 | $0.11 | $0.11 | $0.11 | $0.16 | $0.09 | $1.24 |
| 2017 | $0.10 | $0.07 | $0.07 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.89 |
| 2016 | $0.03 | $0.06 | $0.09 | $0.04 | $0.10 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.05 | $0.11 | $0.79 |
| 2015 | $0.07 | $0.06 | $0.05 | $0.12 | $0.05 | $0.02 | $0.18 | $0.07 | $0.07 | $0.04 | $0.04 | $0.07 | $0.81 |
| 2014 | $0.04 | $0.07 | $0.07 | $0.17 |
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 Limited Term 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 Limited Term Bond ETF was 9.37%, occurring on Oct 20, 2022. Recovery took 412 trading sessions.
The current Fidelity Limited Term Bond ETF drawdown is 0.74%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -9.37% | Feb 12, 2021 | 426 | Oct 20, 2022 | 412 | Jun 12, 2024 | 838 |
| -8.2% | Mar 6, 2020 | 9 | Mar 18, 2020 | 50 | May 29, 2020 | 59 |
| -1.98% | Aug 5, 2016 | 93 | Dec 15, 2016 | 104 | May 17, 2017 | 197 |
| -1.76% | Sep 8, 2017 | 172 | May 15, 2018 | 150 | Dec 18, 2018 | 322 |
| -1.63% | Oct 19, 2015 | 55 | Jan 6, 2016 | 49 | Mar 17, 2016 | 104 |
Volatility
Volatility Chart
The current Fidelity Limited Term Bond ETF volatility is 0.43%, 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.