Fidelity Low Duration Bond Factor ETF
$49.97−0.04 (−0.07%)
- Expense ratio
- 0.15%
- Fund size
- $2.2B
- 1Y return
- +3.7%
- Yield · Last 12 months
- 4.20%
- Holdings
- 246
- Volume · 30D
- 0.4M sh
- NAV per share
- $50.02
- 52W range
The ETF.net FLDR Grade
Score 72 of 100 sits in the A 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.CScore 52Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 87Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 80Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 38Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 64Category rank
Our read on FLDR
AMost ultra-short bond funds are parking lots for cash. FLDR is the rules-based one: a Fidelity index of roughly 250 investment-grade bonds built to keep interest-rate sensitivity low, priced under the typical ultra-short fund.
The fund seeks to track, before fees and expenses, the performance of the Fidelity Low Duration Investment Grade Factor Index.
Why people hold it
- Charges 0.15% a year, below the 0.20% median for ultra-short bond funds and level with top-ranked peers SHV, PULS and DUSB.
- Rules first, hunches never. It passively tracks the published Fidelity Low Duration Investment Grade Factor Index, so the recipe is written down.
- Pays monthly and spreads the work across about 250 investment-grade holdings, so no single issuer carries the portfolio.
- Live since 2018 and now a multi-billion-dollar fund, it stands among the stronger implementations in its ultra-short bond peer group.
Worth knowing
- Low duration is not zero duration. The mandate keeps rate sensitivity short, but the share price still moves. This is a bond ETF, not a money market fund.
- The index is investment-grade credit, not pure government paper like SHV's Treasury sleeve, so credit conditions feed into the price.
- Moderately traded rather than a volume monster, so spreads can run wider than the largest cash-parking ETFs.
FLDR Holdings
- Bonds
- 246
- 12%
- CASH CF
Geography
- United States100.00%
FLDR 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 | FLDR |
|---|---|
| Year to date | +2.2% |
| 1 month | +0.1% |
| 3 months | +0.6% |
| 1 year | +3.7% |
| 3 years | +5.2% |
| 5 years | +3.8% |
| 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 | FLDR |
|---|---|---|
| 2026 YTD | +2.2% | |
| 2025 | +5.4% | |
| 2024 | +5.7% | |
| 2023 | +6.3% | |
| 2022 | −0.3% | |
| 2021 | −0.2% | |
| 2020 | +2.0% |
FLDR in the news
ETF.net Research hasn’t filed on FLDR yet — coverage lands here as it’s written.
FLDR Dividends
- 4.20%
- $2.10
- $0.16 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 28, 2026 | Sep 1, 2026 | $0.16 |
| Jul 30, 2026 | Aug 3, 2026 | $0.17 |
| Jun 29, 2026 | Jul 1, 2026 | $0.15 |
| May 28, 2026 | Jun 1, 2026 | $0.16 |
| Apr 29, 2026 | May 1, 2026 | $0.18 |
| Mar 30, 2026 | Apr 1, 2026 | $0.17 |
| Feb 26, 2026 | Mar 2, 2026 | $0.17 |
| Jan 29, 2026 | Feb 2, 2026 | $0.17 |
| Dec 30, 2025 | Jan 2, 2026 | $0.20 |
| Nov 26, 2025 | Dec 1, 2025 | $0.19 |
| Oct 30, 2025 | Nov 3, 2025 | $0.19 |
| Sep 29, 2025 | Oct 1, 2025 | $0.20 |
FLDR Risk
- 0.9%
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.
- 0.63
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.
- −2.3%
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.
- 0.14
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FLDR Cost
- The middle half of Investment Grade Corporate (0-5 Year) funds
- Median 0.15%
8 of the 23 Investment Grade Corporate (0-5 Year) funds charge less.