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Fidelity Limited Term Bond ETF (FLTB)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US3161882002

CUSIP

316188200

Issuer

Fidelity

Inception Date

Oct 6, 2014

Region

North America (U.S.)

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Bond

Share Price Chart


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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. BOXX FLTB vs. BSV FLTB vs. SCHD FLTB vs. MINT FLTB vs. SPY FLTB vs. FTEC FLTB vs. FBND FLTB vs. FLRT FLTB vs. SHY FLTB vs. FCNVX
Popular comparisons:
FLTB vs. BOXX FLTB vs. BSV 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.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
3.62%
12.53%
FLTB (Fidelity Limited Term Bond ETF)
Benchmark (^GSPC)

Returns By Period

Fidelity Limited Term Bond ETF had a return of 4.50% year-to-date (YTD) and 7.03% in the last 12 months. Over the past 10 years, Fidelity Limited Term Bond ETF had an annualized return of 2.03%, while the S&P 500 had an annualized return of 11.21%, indicating that Fidelity Limited Term Bond ETF did not perform as well as the benchmark.


FLTB

YTD

4.50%

1M

-0.28%

6M

3.62%

1Y

7.03%

5Y (annualized)

1.72%

10Y (annualized)

2.03%

^GSPC (Benchmark)

YTD

25.15%

1M

2.97%

6M

12.53%

1Y

31.00%

5Y (annualized)

13.95%

10Y (annualized)

11.21%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.40%-0.42%0.67%-0.66%1.04%0.76%1.48%1.05%1.13%-0.83%4.50%
20231.53%-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%
20201.06%0.85%-3.48%2.94%1.52%0.96%0.60%0.18%-0.13%0.15%0.40%0.50%5.57%
20190.79%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%
20170.38%0.43%0.12%0.45%0.42%0.06%0.48%0.18%-0.15%0.00%-0.37%0.09%2.10%
20160.79%0.27%0.92%0.16%-0.04%1.25%0.38%-0.13%0.04%-0.13%-1.41%0.05%2.13%
20151.01%-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%

Expense Ratio

FLTB features an expense ratio of 0.36%, falling within the medium range.


Expense ratio chart for FLTB: current value at 0.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.36%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of FLTB is 82, placing it in the top 18% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of FLTB is 8282
Combined Rank
The Sharpe Ratio Rank of FLTB is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of FLTB is 9595
Sortino Ratio Rank
The Omega Ratio Rank of FLTB is 9090
Omega Ratio Rank
The Calmar Ratio Rank of FLTB is 5757
Calmar Ratio Rank
The Martin Ratio Rank of FLTB is 7979
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for FLTB, currently valued at 2.90, compared to the broader market0.002.004.002.902.53
The chart of Sortino ratio for FLTB, currently valued at 4.65, compared to the broader market-2.000.002.004.006.008.0010.0012.004.653.39
The chart of Omega ratio for FLTB, currently valued at 1.58, compared to the broader market0.501.001.502.002.503.001.581.47
The chart of Calmar ratio for FLTB, currently valued at 1.78, compared to the broader market0.005.0010.0015.0020.001.783.65
The chart of Martin ratio for FLTB, currently valued at 15.95, compared to the broader market0.0020.0040.0060.0080.00100.0015.9516.21
FLTB
^GSPC

The current Fidelity Limited Term Bond ETF Sharpe ratio is 2.90. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Fidelity Limited Term Bond ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
2.90
2.53
FLTB (Fidelity Limited Term Bond ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Limited Term Bond ETF provided a 3.96% 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.


0.50%1.00%1.50%2.00%2.50%3.00%$0.00$0.50$1.00$1.502014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020201920182017201620152014
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

3.96%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.09%
-0.53%
FLTB (Fidelity Limited Term Bond ETF)
Benchmark (^GSPC)

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 1.09%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-9.37%Feb 12, 2021426Oct 20, 2022412Jun 12, 2024838
-8.2%Mar 6, 20209Mar 18, 202050May 29, 202059
-1.98%Aug 5, 201693Dec 15, 2016104May 17, 2017197
-1.76%Sep 8, 2017172May 15, 2018150Dec 18, 2018322
-1.63%Oct 19, 201555Jan 6, 201649Mar 17, 2016104

Volatility

Volatility Chart

The current Fidelity Limited Term Bond ETF volatility is 0.49%, 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.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.49%
3.97%
FLTB (Fidelity Limited Term Bond ETF)
Benchmark (^GSPC)