Fidelity Corporate Bond ETF
$44.99+0.24 (+0.54%)
- 0.36%
- $341M
- −2.7%
- 4.88%
- 0M sh
- $44.83
- low $44.39high $48.79
The ETF.net FCOR Grade
B
Score 56 out of 100
- 26 of 49
Score 56 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D33 out of 100Rank 31 of 49Mission
Whether the fund did what it promised, tested against its stated mandate.A95 out of 100Rank 28 of 45Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D37 out of 100Rank 38 of 49Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C51 out of 100Rank 24 of 49Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B62 out of 100Rank 22 of 49Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B63 out of 100Rank 21 of 49
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
- 581
- 11%
- Cash Cf
Geography
- United States83.20%
- Ireland3.46%
- United Kingdom3.38%
- Canada2.91%
- Japan1.37%
- Netherlands1.25%
- Australia1.18%
- France0.73%
- 2.52%
FCOR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FCOR$9,727
Returns run to the Oct 12, 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 | −3.2% |
| 1 month | −1.6% |
| 3 months | −3.2% |
| 1 year | −2.7% |
| 3 years | +5.6% |
| 5 years | −0.2% |
| 10 years | +2.2% |
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 | −3.2% | |
| 2025 | +7.9% | |
| 2024 | +3.0% | |
| 2023 | +9.0% | |
| 2022 | −15.9% | |
| 2021 | −1.6% | |
| 2020 | +11.4% |
FCOR in the news
Filings Digest
VanEck cuts its CLO ETF fee from 0.36% to 0.29%
FCOR Dividends
- 4.88%
- $2.18
- $0.18 per share
- Monthly
Distribution history
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.
- 0.13
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.
- −22.2%
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
0.36%
FCOR0.36%
- The middle half of Investment Grade Corporate funds
- Median 0.29%
33 of the 49 Investment Grade Corporate funds charge less.
Other funds in Investment Grade Corporate
- BJHCBJohn Hancock Corporate Bond ETFExpense ratio 0.29%1 year return −2.6%
- BGXIGGlobal X - Investment Grade Corporate Bond ETFExpense ratio 0.15%1 year return −2.7%
- BGIGLGoldman Sachs Corporate Bond ETFExpense ratio 0.30%1 year return −2.1%
- BNCPBNuveen Core Plus BondExpense ratio 0.31%1 year return −1.1%
- CFSIGFirst Trust Limited Duration Investment Grade Corporate ETFExpense ratio 0.44%1 year return +0.8%