Fidelity Investment Grade Bond ETF
$41.04+0.06 (+0.15%)
- 0.36%
- $634M
- −2.2%
- 4.28%
- 0.1M sh
- $40.92
- low $40.50high $44.20
The ETF.net FIGB Grade
C
Score 50 out of 100
- 31 of 49
Score 50 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.D33 out of 100Rank 31 of 49Mission
Whether the fund did what it promised, tested against its stated mandate.A90 out of 100Rank 32 of 45Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D34 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.C50 out of 100Rank 25 of 49Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F23 out of 100Rank 44 of 49Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B64 out of 100Rank 20 of 49
Our read on FIGB
CThe name says investment grade, but Fidelity's managers can also reach into high yield and emerging-market debt while keeping interest-rate risk near the Agg. A credit-picking fund wearing a core-bond duration profile.
The fund seeks a high level of current income by investing primarily in debt securities across investment-grade, high-yield, and emerging-market segments, while maintaining interest-rate risk similar to the Bloomberg U.S. Aggregate Bond Index.
Why people hold it
- Active by design: the managers hunt income across investment-grade, high-yield and emerging-market debt while holding interest-rate risk similar to the Bloomberg U.S. Aggregate.
- A 0.36% expense ratio sits right at the median of its core-bond peer group, which is uncommon for a live manager competing against index trackers.
- Income is paid monthly, and the book is a focused roughly 180 positions rather than a thousands-strong index sleeve.
- The portfolio has stayed closely aligned with what its documents promise, and it lands in the upper half of its core-bond peer group.
Worth knowing
- Index Aggs like BND and SPAB charge 0.03%. At 0.36%, you are paying roughly twelve times as much for the active credit calls.
- The high-yield and emerging-market sleeves carry credit risk a plain investment-grade index tracker would not take on.
- Moderately traded and mid-sized next to the giant index Aggs, so spreads can run wider, which shows up most on large or hurried orders.
FIGB Holdings
- Bonds
- 1,125
- 29%
- Ustn 4.375% 07/31/31
Geography
- United States95.64%
- United Kingdom1.07%
- Mexico1.06%
- Ireland0.81%
- Japan0.39%
- Switzerland0.33%
- Netherlands0.29%
- France0.20%
- 0.21%
FIGB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
FIGB$9,780
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 | FIGB |
|---|---|
| Year to date | −2.8% |
| 1 month | −1.2% |
| 3 months | −2.8% |
| 1 year | −2.2% |
| 3 years | +4.5% |
| 5 years | −0.4% |
| 10 years | — |
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 | FIGB |
|---|---|---|
| 2026 YTD | −2.8% | |
| 2025 | +7.0% | |
| 2024 | +1.5% | |
| 2023 | +6.6% | |
| 2022 | −13.4% | |
| 2021 | +1.8% |
FIGB in the news
Filings Digest
VanEck cuts its CLO ETF fee from 0.36% to 0.29%
FIGB Dividends
- 4.28%
- $1.76
- $0.15 per share
- Monthly
Distribution history
FIGB Risk
- 5.9%
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.
- −0.07
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.
- −17.7%
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.
- 1.02
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FIGB Cost
0.36%
FIGB0.36%
- 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
- CJLQDJanus Henderson Corporate Bond ETFExpense ratio 0.35%1 year return −1.9%
- CEYEGAlliance Bernstein - AB Corporate Bond ETFExpense ratio 0.30%1 year return −2.8%
- CUCRDVictoryShares Corporate Bond ETFExpense ratio 0.47%1 year return −1.9%
- CIGBHiShares Interest Rate Hedged Long-Term Corporate Bond ETFExpense ratio 0.39%1 year return +6.5%
- CFTRBFederated Hermes Total Return Bond ETFExpense ratio 0.50%1 year return −1.6%