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Name

As of 11/22/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Fidelity Investment Grade Bond ETF

FIGB | Active ETF

$42.74

$55.4 M

4.04%

$1.73

0.36%

Vitals

YTD Return

1.7%

1 yr return

6.5%

3 Yr Avg Return

-1.8%

5 Yr Avg Return

N/A

Net Assets

$55.4 M

Holdings in Top 10

48.1%

52 WEEK LOW AND HIGH

$42.7
$41.44
$44.63

Expenses

OPERATING FEES

Expense Ratio 0.36%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 11/22/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Fidelity Investment Grade Bond ETF

FIGB | Active ETF

$42.74

$55.4 M

4.04%

$1.73

0.36%

FIGB - Profile

Distributions

  • YTD Total Return 1.7%
  • 3 Yr Annualized Total Return -1.8%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 4.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity Investment Grade Bond ETF
  • Fund Family Name
    Fidelity Group of Funds
  • Inception Date
    Mar 04, 2021
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Plage

Fund Description

Normally investing at least 80% of assets in investment-grade debt securities (those of medium and high quality) of all types and repurchase agreements for those securities.Managing the fund to have similar overall interest rate risk to the Bloomberg U.S. Aggregate Bond Index.Allocating assets across different market sectors and maturities.Investing in domestic and foreign issuers.Analyzing the credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments.Investing in lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds).Engaging in transactions that have a leveraging effect on the fund, including investments in derivatives - such as swaps (interest rate, total return, and credit default), options, and futures contracts - and forward-settling securities, to adjust the fund's risk exposure.
Read More

FIGB - Performance

Return Ranking - Trailing

Period FIGB Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -50.1% 6.9% 95.52%
1 Yr 6.5% -25.4% 139.4% 6.04%
3 Yr -1.8%* -13.0% 100.8% N/A
5 Yr N/A* -10.0% 55.1% N/A
10 Yr N/A* -7.4% 12.3% N/A

* Annualized

Return Ranking - Calendar

Period FIGB Return Category Return Low Category Return High Rank in Category (%)
2023 2.6% -75.2% 1360.6% N/A
2022 -15.4% -14.5% 1027.9% N/A
2021 N/A -9.6% 118.7% N/A
2020 N/A -11.4% 5.8% N/A
2019 N/A -49.5% 12.4% N/A

Total Return Ranking - Trailing

Period FIGB Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -50.1% 6.9% 96.43%
1 Yr 6.5% -25.4% 139.4% 6.04%
3 Yr -1.8%* -13.0% 100.8% N/A
5 Yr N/A* -10.0% 55.1% N/A
10 Yr N/A* -7.4% 13.1% N/A

* Annualized

Total Return Ranking - Calendar

Period FIGB Return Category Return Low Category Return High Rank in Category (%)
2023 6.6% -75.2% 131.9% N/A
2022 -13.4% -14.5% 1027.9% N/A
2021 N/A -9.6% 118.7% N/A
2020 N/A -11.4% 5.8% N/A
2019 N/A -7.0% 12.4% N/A

FIGB - Holdings

Concentration Analysis

FIGB Category Low Category High FIGB % Rank
Net Assets 55.4 M 1.19 M 287 B 99.17%
Number of Holdings 391 1 17234 89.58%
Net Assets in Top 10 58.6 M -106 M 27.6 B 95.56%
Weighting of Top 10 48.05% 3.7% 100.0% 29.62%

Top 10 Holdings

  1. Fidelity Cash Central Fund 10.82%
  2. UST NOTES 4.625% 09/30/2028 7.80%
  3. UST NOTES 4.25% 06/30/2031 7.57%
  4. UNITED STATES TREASURY BOND 4.125% 08/15/2053 4.93%
  5. UST NOTES 4.625% 09/30/2030 4.68%
  6. UST NOTES 4.125% 03/31/2031 2.80%
  7. UST NOTES 3.875% 08/15/2033 2.57%
  8. UST NOTES 4% 02/15/2034 2.56%
  9. UST NOTES 4.375% 05/15/2034 2.20%
  10. UST NOTES 3.5% 01/31/2030 2.14%

Asset Allocation

Weighting Return Low Return High FIGB % Rank
Bonds 		98.97% 3.97% 268.18% 75.99%
Cash 		10.82% -181.13% 95.99% 26.81%
Stocks 		0.00% -0.98% 24.74% 31.59%
Preferred Stocks 		0.00% 0.00% 77.13% 35.78%
Other 		0.00% -13.23% 23.06% 11.50%
Convertible Bonds 		0.00% 0.00% 10.39% 14.95%

Bond Sector Breakdown

Weighting Return Low Return High FIGB % Rank
Cash & Equivalents 		10.82% 0.00% 95.99% 37.59%
Derivative 		0.00% 0.00% 25.16% 36.23%
Securitized 		0.00% 0.00% 98.79% 61.87%
Corporate 		0.00% 0.00% 100.00% 30.53%
Municipal 		0.00% 0.00% 100.00% 74.09%
Government 		0.00% 0.00% 86.23% 32.43%

Bond Geographic Breakdown

Weighting Return Low Return High FIGB % Rank
US 		98.97% 3.63% 210.09% 67.48%
Non US 		0.00% -6.54% 58.09% 51.09%

FIGB - Expenses

Operational Fees

FIGB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.36% 0.01% 2.93% 81.19%
Management Fee 0.36% 0.00% 1.76% 47.50%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

FIGB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FIGB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FIGB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 2.00% 493.39% N/A

FIGB - Distributions

Dividend Yield Analysis

FIGB Category Low Category High FIGB % Rank
Dividend Yield 4.04% 0.00% 12.67% 70.62%

Dividend Distribution Analysis

FIGB Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Monthly Monthly

Net Income Ratio Analysis

FIGB Category Low Category High FIGB % Rank
Net Income Ratio N/A -1.28% 8.97% 82.51%

Capital Gain Distribution Analysis

FIGB Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

FIGB - Fund Manager Analysis

Managers

Michael Plage

Start Date

Tenure

Tenure Rank

Mar 02, 2021

1.25

1.3%

Since joining Fidelity Investments in 2005, Mr. Plage has worked as a trader and portfolio manager. Michael Plage is a portfolio manager in the Fixed Income division at FMRCo. In this role, Mr. Plage manages institutional and retail Fixed Income portfolios within Core, Core Plus, and Tactical Bond strategies. Mr. Plage joined Fidelity in 2005, and has been in the investments industry since 1997. Mr. Plage earned his bachelor of science degree from the University of South Carolina and his master of business administration degree from the University of Connecticut. He is also a Chartered Financ

Jeffrey Moore

Start Date

Tenure

Tenure Rank

Mar 02, 2021

1.25

1.3%

Jeffrey Moore is a portfolio manager at FMRCo. In this role he manages portfolios across retail and institutional assets, including Fidelity and Fidelity Advisor funds. Mr. Moore was previously a fixed income analyst assigned to several sectors, including sovereign debt, energy, REITs, and Yankee banks. Mr. Moore joined Fidelity in 1995 and has been in the investments industry since 1990. Mr. Moore earned his bachelor of arts degree in economics from the University of Western Ontario and his master’s degree in economics from the University of Waterloo. He is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 33.43 6.76 1.16

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