FIDELITY INVESTMENT GRADE SECURITIZED ETF
$41.94+0.06 (+0.14%)
- 0.36%
- $4.5B
- −1.2%
- 4.65%
- 0.4M sh
- $41.87
- low $41.45high $44.99
The ETF.net FSEC Grade
B
Score 66 out of 100
- 3 of 10
Score 66 of 100 falls in the B 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.B68 out of 100Rank 3 of 10Mission
Whether the fund did what it promised, tested against its stated mandate.A88 out of 100Rank 5 of 10Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C40 out of 100Rank 5 of 10Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B68 out of 100Rank 3 of 10Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D38 out of 100Rank 8 of 10Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A74 out of 100Rank 3 of 10
Our read on FSEC
BMost funds in this aisle buy a little of everything. FSEC goes narrow: at least 80% in securitized debt, run for current income, paid out monthly.
The fund seeks a high level of current income by investing primarily in securitized securities and related instruments. Its policy requires at least 80% exposure to that securitized-investment segment.
Why people hold it
- A specialist, not a sampler. The mandate locks at least 80% of assets into securitized debt, so you own that corner of the bond market at full strength instead of as a sliver.
- Income is the stated job, not a byproduct, and the cash lands monthly.
- Costs 0.36% a year, right at the median for its bond peer group, on a multi-billion-dollar asset base with steady two-way trading.
- Holds its own in the upper half of a crowded aggregate-bond field, with a Fidelity bond desk and clear filings behind it.
Worth knowing
- Broad-market rivals such as BND, SPAB and SCHZ charge 0.03% for the whole bond market. The 0.36% here is the price of the narrower mandate.
- One segment, about 120 positions. It moves with securitized debt rather than the full bond market, which is a different ride from a total-market core fund.
- Launched in 2021, so the record is short by bond-fund standards.
FSEC Holdings
- Bonds
- 1,174
- 26%
- Gnii Ii 5.5% 11/56 #tba
Sectors
- Securitized96.1%
- Government3.8%
- Corporate0.1%
Geography
- United States100.00%
FSEC 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.
FSEC$9,877
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 | FSEC |
|---|---|
| Year to date | −2.4% |
| 1 month | −1.6% |
| 3 months | −3.2% |
| 1 year | −1.2% |
| 3 years | +5.5% |
| 5 years | −0.1% |
| 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 | FSEC |
|---|---|---|
| 2026 YTD | −2.4% | |
| 2025 | +8.3% | |
| 2024 | +2.4% | |
| 2023 | +5.2% | |
| 2022 | −12.6% | |
| 2021 | −0.5% |
FSEC in the news
FSEC Dividends
- 4.65%
- $1.95
- $0.14 per share
- Monthly
Distribution history
FSEC Risk
- 6.4%
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.
- 0.10
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.
- −17.4%
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.
- 1.14
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FSEC Cost
0.36%
FSEC0.36%
- The middle half of Core Securitized Bond funds
- Median 0.40%
3 of the 10 Core Securitized Bond funds charge less.
Other funds in Core Securitized Bond
- AJMBSJanus Henderson Mortgage-Backed Securities ETFExpense ratio 0.21%1 year return −2.2%
- AJPLDJPMorgan Limited Duration Bond ETFExpense ratio 0.30%1 year return +2.2%
- BJHMBJohn Hancock Investments - Mortgage-Backed Securities ETFExpense ratio 0.39%1 year return −1.7%
- BSECRNYLI MacKay Securitized Income ETFExpense ratio 0.40%1 year return −2.0%
- CTRBFAngel Oak Total Return ETFExpense ratio 0.59%1 year return −1.9%