Fidelity Limited Term Bond ETF
$49.27−0.23 (−0.46%)
- 0.25%
- $488M
- +2.1%
- 4.46%
- 71.7K sh
- low $48.89high $51.16
The ETF.net FLTB Grade
D
Score 40 out of 100
- 12 of 24
Score 40 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. The letter stays D for now. A new letter must hold for 3 published runs before it replaces it.
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.A70 out of 100Rank 7 of 12Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C48 out of 100Rank 9 of 24Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D30 out of 100Rank 17 of 24Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D32 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.B65 out of 100Rank 11 of 24
Our read on FLTB
In short
DFidelity'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.
Stated mandate
The fund is a shorter-duration, investment-grade bond strategy focused primarily on U.S. corporate credit.
Why people hold it
Worth knowing
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$10,212
Returns run to the Nov 9, 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 | +1.4% |
| 1 month | +1.1% |
| 3 months | 0.0% |
| 1 year | +2.1% |
| 3 years | +5.5% |
| 5 years | +2.4% |
| 10 years | +2.5% |
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 | +1.4% | |
| 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%
- $2.21
- $0.19 per share
- Monthly
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.
- 0.39
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.
- −8.6%
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.
FMP measures it over up to five years of monthly returns.
FLTB Cost
Overpaying vs VCSH, tied cheapest in Investment Grade Corporate (0-5 Year)
$4,521
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
FLTB 0.25%
$5,159
VCSH 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | FLTB | VCSH | Overpaying |
|---|---|---|---|
| 10 | $455 | $55 | $400 |
| 20 | $1,769 | $216 | $1,553 |
| 30 | $5,159 | $638 | $4,521 |
Other funds in Investment Grade Corporate (0-5 Year)
- CBBBSBondBloxx BBB Rated 1-5 Year Corporate Bond ETFExpense ratio 0.19%1 year return +2.0%
- CQSIGWisdomTree U.S. Short-Term Corporate Bond FundExpense ratio 0.18%1 year return +1.8%
- CCGSDCapital Group Short Duration Income ETFExpense ratio 0.25%1 year return +2.4%
- CPCSPGIM Corporate Bond 0-5 Year ETFExpense ratio 0.20%1 year return +2.5%
- FPRSDState Street Short Duration IG Public & Private Credit ETFExpense ratio 0.45%1 year return +2.8%
