Fidelity Investment Grade Bond ETF
$41.31−0.44 (−1.04%)
- Expense ratio
- 0.36%
- Fund size
- $644M
- 1Y return
- −0.2%
- Yield · Last 12 months
- 4.17%
- Volume · 30D
- 0.1M sh
- NAV per share
- $41.68
- 52W range
The ETF.net FIGB Grade
Score 50 of 100 sits in the C 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 89Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 37Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 49Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.FScore 23Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 64Category rank
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
- —
- 32%
- CASH CF
Geography
- United States95.59%
- Mexico1.07%
- United Kingdom1.05%
- Ireland0.91%
- Japan0.37%
- Switzerland0.33%
- Netherlands0.28%
- France0.19%
- 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.
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 | FIGB |
|---|---|
| Year to date | −1.3% |
| 1 month | −0.8% |
| 3 months | −1.4% |
| 1 year | −0.2% |
| 3 years | +4.4% |
| 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 | −1.3% | |
| 2025 | +7.0% | |
| 2024 | +1.5% | |
| 2023 | +6.6% | |
| 2022 | −13.4% | |
| 2021 | +1.8% |
FIGB in the news
ETF.net Research hasn’t filed on FIGB yet — coverage lands here as it’s written.
FIGB Dividends
- 4.17%
- $1.74
- $0.15 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 28, 2026 | Sep 1, 2026 | $0.15 |
| Jul 30, 2026 | Aug 3, 2026 | $0.15 |
| Jun 29, 2026 | Jul 1, 2026 | $0.15 |
| May 28, 2026 | Jun 1, 2026 | $0.14 |
| Apr 29, 2026 | May 1, 2026 | $0.15 |
| Mar 30, 2026 | Apr 1, 2026 | $0.14 |
| Feb 26, 2026 | Mar 2, 2026 | $0.14 |
| Jan 29, 2026 | Feb 2, 2026 | $0.13 |
| Dec 30, 2025 | Jan 2, 2026 | $0.19 |
| Nov 26, 2025 | Dec 1, 2025 | $0.14 |
| Oct 30, 2025 | Nov 3, 2025 | $0.15 |
| Sep 29, 2025 | Oct 1, 2025 | $0.14 |
FIGB Risk
- 5.8%
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.
- −0.06
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.
- −18.0%
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
- The middle half of Investment Grade Corporate funds
- Median 0.30%
32 of the 49 Investment Grade Corporate funds charge less.