Fidelity Low Duration Etf Profile
| FLDR Etf | USD 49.42 0.65 1.30% |
Performance21 of 100
| Odds Of DistressLess than 17
|
Fidelity Low is selling at 49.42 as of the 30th of November 2024; that is 1.3 percent decrease since the beginning of the trading day. The etf's lowest day price was 49.37. Fidelity Low has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Fidelity Low Duration are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of assets in securities included in the index. Fidelity Low is traded on BATS Exchange in the United States. The company has 25.78 M outstanding shares. More on Fidelity Low Duration
Moving together with Fidelity Etf
| 0.89 | BIL | SPDR Bloomberg 1 | PairCorr |
| 0.9 | SHV | iShares Short Treasury | PairCorr |
| 0.94 | JPST | JPMorgan Ultra Short | PairCorr |
| 0.87 | USFR | WisdomTree Floating Rate | PairCorr |
| 0.91 | ICSH | iShares Ultra Short | PairCorr |
| 0.93 | FTSM | First Trust Enhanced | PairCorr |
Moving against Fidelity Etf
Fidelity Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Market ETFs, Ultrashort Bond, Fidelity Investments, Machinery (View all Sectors) |
| Issuer | Fidelity |
| Inception Date | 2018-06-14 |
| Benchmark | Fidelity Low Duration Investment Grade Factor Index |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 111,032.7 |
| Asset Type | Fixed Income |
| Category | Broad Market |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Fidelity Service Company, Inc. |
| Advisor | Fidelity Investments Money Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Fidelity Distributors Corporation |
| Portfolio Manager | Brandon Bettencourt, Jay Small |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Jun |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 295 |
| Market Maker | Virtu Financial |
| Total Expense | 0.15 |
| Management Fee | 0.15 |
| Country Name | USA |
| Returns Y T D | 5.06 |
| Name | Fidelity Low Duration Bond Factor ETF |
| Currency Code | USD |
| Open Figi | BBG00L4J99Z0 |
| In Threey Volatility | 1.54 |
| 1y Volatility | 1.02 |
| 200 Day M A | 50.091 |
| 50 Day M A | 50.1683 |
| Code | FLDR |
| Updated At | 29th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.33) |
Fidelity Low Duration [FLDR] is traded in USA and was established 2018-06-12. The fund is listed under Ultrashort Bond category and is part of Fidelity Investments family. The entity is thematically classified as Strategy ETFs. Fidelity Low Duration currently have 203.68 M in assets under management (AUM). , while the total return for the last 3 years was 3.6%.
Fidelity Low Duration currently holds about 260 K in cash with 13.91 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of -0.03.
Check Fidelity Low Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity Low Duration Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Fidelity Low Duration Currency Exposure
Fidelity Low Duration holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Fidelity Low will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Fidelity Low Duration.
Top Fidelity Low Duration Etf Constituents
| Fidelity Revere Str Tr | 5.4% |
| Morgan Stanley 4.183% | 1.98% |
| Verizon Communications Inc. 1.12% | 1.86% |
| United States Treasury Notes 1.375% | 1.86% |
| Morgan Stanley 1.58% | 1.76% |
| United States Treasury Notes 1.12% | 1.5% |
| Bank of Montreal 2.42413% | 1.6900001% |
| United States Treasury Notes 2.62% | 1.4099999% |
| United States Treasury Notes 1.125% | 1.39999995% |
| Goldman Sachs Group, Inc. 4.64314% | 1.54% |
Fidelity Low Duration Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity Low. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.099 | |||
| Jensen Alpha | 0.0064 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (1.93) |
Fidelity Low Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Low Duration. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of Fidelity Low Duration is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity Low's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Low's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity Low's market value can be influenced by many factors that don't directly affect Fidelity Low's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity Low's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Low is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Low's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.