Fidelity Investment Grade Securitized ETF (FSEC)
The ETF primarily focuses on investing in investment-grade securitized debt securities issued by various entities, including the U.S. government and corporations, aiming to achieve returns through these fixed-income instruments.
ETF Info
Issuer | Fidelity |
---|---|
Inception Date | Mar 2, 2021 |
Category | Intermediate Core Bond |
Index Tracked | No Index (Active) |
Home Page | institutional.fidelity.com |
Asset Class | Bond |
Expense Ratio
FSEC has a high expense ratio of 0.36%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Investment Grade Securitized 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 Investment Grade Securitized ETF had a return of -1.71% year-to-date (YTD) and -0.20% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | -1.71% | 9.49% |
1 month | 1.28% | 1.20% |
6 months | 5.36% | 18.29% |
1 year | -0.20% | 26.44% |
5 years (annualized) | N/A | 12.64% |
10 years (annualized) | N/A | 10.67% |
Monthly Returns
The table below presents the monthly returns of FSEC, 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 | -0.06% | -1.65% | 1.12% | -2.91% | -1.71% | ||||||||
2023 | 3.27% | -2.54% | 1.79% | 0.64% | -0.66% | -0.57% | 0.02% | -0.65% | -3.06% | -2.19% | 5.44% | 4.00% | 5.22% |
2022 | -1.62% | -1.32% | -2.43% | -3.45% | 1.02% | -2.07% | 3.00% | -2.99% | -4.86% | -1.60% | 3.54% | -0.29% | -12.62% |
2021 | -0.62% | 0.88% | -0.48% | 0.03% | 0.61% | -0.08% | -0.48% | -0.30% | -0.10% | 0.04% | -0.52% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FSEC is 13, indicating that it is in the bottom 13% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
FSEC (Fidelity Investment Grade Securitized ETF)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Investment Grade Securitized ETF (FSEC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Investment Grade Securitized ETF granted a 3.56% dividend yield in the last twelve months. The annual payout for that period amounted to $1.48 per share.
Period | TTM | 2023 | 2022 | 2021 |
---|---|---|---|---|
Dividend | $1.48 | $1.46 | $0.93 | $0.46 |
Dividend yield | 3.56% | 3.41% | 2.21% | 0.93% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Investment Grade Securitized 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 | $0.12 | $0.12 | $0.12 | $0.13 | $0.00 | $0.50 | |||||||
2023 | $0.11 | $0.12 | $0.12 | $0.12 | $0.13 | $0.12 | $0.12 | $0.12 | $0.12 | $0.13 | $0.12 | $0.13 | $1.46 |
2022 | $0.06 | $0.07 | $0.05 | $0.05 | $0.05 | $0.06 | $0.08 | $0.09 | $0.09 | $0.10 | $0.11 | $0.12 | $0.93 |
2021 | $0.01 | $0.05 | $0.03 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.05 | $0.06 | $0.46 |
Drawdowns
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 Investment Grade Securitized 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 Investment Grade Securitized ETF was 17.97%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Fidelity Investment Grade Securitized ETF drawdown is 10.74%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-17.97% | Aug 4, 2021 | 309 | Oct 24, 2022 | — | — | — |
-0.74% | May 3, 2021 | 13 | May 19, 2021 | 41 | Jul 19, 2021 | 54 |
-0.64% | Mar 5, 2021 | 18 | Mar 30, 2021 | 11 | Apr 15, 2021 | 29 |
-0.29% | Apr 23, 2021 | 3 | Apr 27, 2021 | 3 | Apr 30, 2021 | 6 |
-0.13% | Jul 21, 2021 | 1 | Jul 21, 2021 | 3 | Jul 26, 2021 | 4 |
Volatility
Volatility Chart
The current Fidelity Investment Grade Securitized ETF volatility is 3.65%, 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.