Fidelity Corporate Bond ETF
$45.30−0.50 (−1.09%)
- Expense ratio
- 0.36%
- Fund size
- $353M
- 1Y return
- −0.5%
- Yield · Last 12 months
- 4.76%
- Holdings
- 413
- Volume · 30D
- 0M sh
- NAV per share
- $45.75
- 52W range
The ETF.net FCOR Grade
Score 58 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 34Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 93Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 43Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 58Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 68Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 64Category rank
Our read on FCOR
BFidelity's in-house take on corporate credit: roughly 400 investment-grade corporate bonds picked without a declared index to follow, with income paid out monthly. The trade-off is price, in a category where the index giants charge pennies.
The fund seeks a high level of current income and normally invests at least 80% of its assets in investment-grade corporate bonds and related corporate debt securities.
Why people hold it
- Does exactly what the label says: at least 80% of assets in investment-grade corporate bonds and related corporate debt, with current income as the stated goal.institutional.fidelity.com
- Roughly 400 bonds under the hood and a monthly distribution schedule, so income lands on a regular cadence instead of quarterly.
- No declared index behind it. The portfolio reflects Fidelity's own credit calls rather than a benchmark's rulebook, and it has stayed tight to its stated corporate mandate.
- Launched in 2014, so this is a seasoned fund with a full credit cycle behind it, not a recent product-shelf addition.
Worth knowing
- The 0.36% expense ratio is the headline trade-off: the biggest indexed rivals in this space, VCIT and USIG, charge 0.03% and 0.04%.
- Trades lightly next to the category's heavyweights, which can mean wider bid-ask spreads, especially on larger orders.
- Add up cost and trading friction and it sits in the lower half of the investment-grade corporate bond field on our read.
FCOR Holdings
- Bonds
- 413
- 10%
- CASH CF
Geography
- United States83.14%
- Ireland3.63%
- United Kingdom3.32%
- Canada2.89%
- Japan1.34%
- Netherlands1.24%
- Australia1.17%
- France0.73%
- 2.55%
FCOR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FCOR |
|---|---|
| Year to date | −1.3% |
| 1 month | −0.5% |
| 3 months | −1.6% |
| 1 year | −0.5% |
| 3 years | +5.6% |
| 5 years | −0.3% |
| 10 years | +2.4% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FCOR |
|---|---|---|
| 2026 YTD | −1.3% | |
| 2025 | +7.9% | |
| 2024 | +3.0% | |
| 2023 | +9.0% | |
| 2022 | −15.9% | |
| 2021 | −1.6% | |
| 2020 | +11.4% |
FCOR in the news
ETF.net Research hasn’t filed on FCOR yet — coverage lands here as it’s written.
FCOR Dividends
- 4.76%
- $2.18
- $0.18 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 28, 2026 | Sep 1, 2026 | $0.18 |
| Jul 30, 2026 | Aug 3, 2026 | $0.19 |
| Jun 29, 2026 | Jul 1, 2026 | $0.19 |
| May 28, 2026 | Jun 1, 2026 | $0.18 |
| Apr 29, 2026 | May 1, 2026 | $0.19 |
| Mar 30, 2026 | Apr 1, 2026 | $0.18 |
| Feb 26, 2026 | Mar 2, 2026 | $0.17 |
| Jan 29, 2026 | Feb 2, 2026 | $0.17 |
| Dec 30, 2025 | Jan 2, 2026 | $0.21 |
| Nov 26, 2025 | Dec 1, 2025 | $0.17 |
| Oct 30, 2025 | Nov 3, 2025 | $0.18 |
| Sep 29, 2025 | Oct 1, 2025 | $0.17 |
FCOR Risk
- 6.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.11
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −22.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.11
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FCOR Cost
- The middle half of Investment Grade Corporate funds
- Median 0.30%
32 of the 49 Investment Grade Corporate funds charge less.