Fidelity Corporate Bond ETF
$45.33−0.02 (−0.04%)
- 0.36%
- $341M
- −1.0%
- 4.84%
- 50.2K sh
- low $44.39high $48.63
The ETF.net FCOR Grade
C
Score 54 out of 100
- 29 of 49
Score 54 of 100 falls in the C 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.D29 out of 100Rank 33 of 49Mission
Whether the fund did what it promised, tested against its stated mandate.A94 out of 100Rank 28 of 45Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D35 out of 100Rank 41 of 49Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B55 out of 100Rank 20 of 49Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B59 out of 100Rank 24 of 49Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B67 out of 100Rank 19 of 49
Our read on FCOR
In short
CFidelity'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.
Stated mandate
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
Worth knowing
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$9,904
Returns run to the Oct 30, 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 | −1.4% |
| 1 month | +2.0% |
| 3 months | −0.6% |
| 1 year | −1.0% |
| 3 years | +6.7% |
| 5 years | 0.0% |
| 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 | −1.4% | |
| 2025 | +7.9% | |
| 2024 | +3.0% | |
| 2023 | +9.0% | |
| 2022 | −15.9% | |
| 2021 | −1.6% | |
| 2020 | +11.4% |
FCOR in the news
FCOR Dividends
- 4.84%
- $2.19
- $0.19 per share
- Monthly
FCOR Risk
- 6.4%
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.
- 0.35
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.
FMP measures it over up to five years of monthly returns.
FCOR Cost
Overpaying vs SPBO, tied cheapest in Investment Grade Corporate
$6,682
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
FCOR 0.36%
$7,320
SPBO 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | FCOR | SPBO | Overpaying |
|---|---|---|---|
| 10 | $652 | $55 | $597 |
| 20 | $2,522 | $216 | $2,306 |
| 30 | $7,320 | $638 | $6,682 |
Other funds in Investment Grade Corporate
- BGIGLGoldman Sachs Corporate Bond ETFExpense ratio 0.29%1 year return −0.6%
- BJHCBJohn Hancock Corporate Bond ETFExpense ratio 0.29%1 year return −1.6%
- CLQDHiShares Interest Rate Hedged Corporate Bond ETFExpense ratio 0.24%1 year return +4.4%
- CNCPBNuveen Core Plus BondExpense ratio 0.31%1 year return +0.2%
- CFSIGFirst Trust Limited Duration Investment Grade Corporate ETFExpense ratio 0.44%1 year return +1.4%
