Fidelity Limited Term Bond ETF
$49.22+0.03 (+0.06%)
- 0.25%
- $480M
- +1.2%
- 4.46%
- 0.1M sh
- $49.12
- low $48.89high $51.16
The ETF.net FLTB Grade
C
Score 47 out of 100
- 10 of 24
Score 47 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.F15 out of 100Rank 20 of 24Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 15Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C48 out of 100Rank 10 of 24Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D28 out of 100Rank 19 of 24Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D34 out of 100Rank 20 of 24Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B64 out of 100Rank 11 of 24
Our read on FLTB
CFidelity's short-bond ETF skips the index rulebook: a manager team picks 1-5 year corporate credit, using Fidelity's own blended yardstick as a guide rather than a cage. One of the original active bond ETFs, running since 2014.
The fund is a shorter-duration, investment-grade bond strategy focused primarily on U.S. corporate credit.
Why people hold it
- Actively run since its 2014 launch, with Fidelity's blended 1-5 year credit, government and high-yield composite used as a guide for allocation, not a set of tracking handcuffs.institutional.fidelity.com
- The mandate reaches past plain investment grade: the guiding blend carries a slice of short-dated BB-B high yield alongside 1-5 year corporate and government debt.institutional.fidelity.com
- Short maturities mean smaller price swings when rates move than longer-dated bond funds carry, and income is paid out monthly.
- Spreads its credit risk across roughly 500 positions, so no single issuer carries the portfolio.
Worth knowing
- It charges 0.25% a year, above the cohort median, while index rivals like IGSB, SPIB and VCIT run a few basis points. Active management is what the extra buys.
- Moderately traded and mid-sized rather than a volume giant, so bid-ask spreads can run wider than at the largest corporate bond ETFs.
- The latitude to hold high yield and non-index sectors adds credit risk you would not get from a pure investment-grade tracker.institutional.fidelity.cominstitutional.fidelity.com
FLTB Holdings
- Bonds
- 1,093
- 15%
- Ustn 3.625% 08/31/29
Sectors
- Technology60.0%
- Communication40.0%
Geography
- United States78.48%
- United Kingdom6.14%
- Canada3.89%
- Japan2.22%
- France2.05%
- Ireland2.05%
- Mexico1.12%
- Netherlands1.10%
- 2.96%
FLTB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FLTB$10,123
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 | FLTB |
|---|---|
| Year to date | +0.3% |
| 1 month | −0.2% |
| 3 months | −0.6% |
| 1 year | +1.2% |
| 3 years | +5.3% |
| 5 years | +2.2% |
| 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 | FLTB |
|---|---|---|
| 2026 YTD | +0.3% | |
| 2025 | +6.6% | |
| 2024 | +5.1% | |
| 2023 | +5.9% | |
| 2022 | −5.9% | |
| 2021 | −1.2% | |
| 2020 | +5.6% |
FLTB in the news
FLTB Dividends
- 4.46%
- $2.20
- $0.18 per share
- Monthly
Distribution history
FLTB Risk
- 2.5%
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.
- 0.24
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.
- −8.7%
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.
- 0.38
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FLTB Cost
0.25%
FLTB0.25%
- The middle half of Investment Grade Corporate (0-5 Year) funds
- Median 0.15%
18 of the 23 Investment Grade Corporate (0-5 Year) funds charge less.
Other funds in Investment Grade Corporate (0-5 Year)
- BZTREF/M 3-Year Investment Grade Corporate Bond EtfExpense ratio 0.15%1 year return +1.2%
- BQSIGWisdomTree U.S. Short-Term Corporate Bond FundExpense ratio 0.18%1 year return +0.9%
- CCGSDCapital Group Short Duration Income ETFExpense ratio 0.25%1 year return +1.8%
- CPCSPGIM ETF Trust - PGIM Corporate Bond 0-5 Year ETFExpense ratio 0.20%1 year return +1.8%
- DFCSHFederated Hermes Short Duration Corporate ETFExpense ratio 0.40%1 year return +1.0%