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Sunday, August 23, 2026The Morning Brief →Sign in

Fidelity Investment Grade Securitized ETF

$43.32-0.23% today
434552-WK

The fund normally invests at least 80% of assets in investment-grade securitized debt securities (those of medium and high quality) and repurchase agreements for those securities. It invests in securitized debt securities issued by the U.S. government and its agencies or instrumentalities, foreign governments, and corporations. The fund invests in U.S. government securities issued by entities that are chartered or sponsored by Congress but whose securities are neither issued nor guaranteed by the U.S. Treasury.

Price & daily flows
44.644.143.643.32DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned -1.7% so far this year. At 0.36% a year it is not the cheapest way in — LQD runs the same ground at 0.14%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$56Massets under management
0.36%expense ratio · $36 per $10,000 a year
net flow, trailing month
340Kavg daily volume, 30 days
117holdings · US-domiciled
2021listed March 7, 2021 · beta 0.12
Sector weights
Other100%
Cash & Others100%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
Other100%
United States100%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-0.2%
1 month+0.0%
3 months-1.1%
6 months-2.9%
YTD-1.7%
1 year-1.0%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
5%realized volatility, 30 days (annualized)
5%realized volatility, 1 year
-3.8%deepest fall from a peak, 1 year
-3.7%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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