FLTB:NYE-Fidelity® Limited Term Bond ETF (USD)

ETF | Short-Term Bond |

Last Closing

USD 49.75

Change

-0.20 (-0.40)%

Market Cap

USD 0.18B

Volume

6.94K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund normally invests at least 80% of assets in debt securities of all types and repurchase agreements for those securities. Allocating the fund's assets across investment-grade, high yield, and emerging markets debt securities. Using the Fidelity Limited Term Composite Index" as a guide in allocating assets across the investment-grade and high yield asset classes.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-10-30 )

Largest Industry Peers for Short-Term Bond

Symbol Name Price(Change) Market Cap
SPSB SPDR Barclays Short Term Corpo..

-0.03 (-0.10%)

USD 8.09B
LDUR PIMCO Enhanced Low Duration Ac..

-0.04 (-0.04%)

USD 0.85B
IIGD Invesco Investment Grade Defen..

-0.05 (-0.21%)

USD 0.04B
NUSA Nuveen Enhanced Yield 1-5 Year..

N/A

USD 0.03B
BSV Vanguard Short-Term Bond Index..

-0.10 (-0.13%)

N/A
LSST Natixis Loomis Sayles Short Du..

N/A

N/A

ETFs Containing FLTB

N/A

Market Performance

  Market Performance vs. Industry/Classification (Short-Term Bond) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -17.25% 14% F 19% F
Dividend Return -16.21% 50% F 69% C-
Total Return -33.46% 14% F 21% F
Trailing 12 Months  
Capital Gain -14.83% 14% F 16% F
Dividend Return -16.06% 50% F 72% C
Total Return -30.89% 14% F 18% F
Trailing 5 Years  
Capital Gain -20.23% 14% F 30% F
Dividend Return -9.37% 50% F 74% C
Total Return -29.60% 14% F 31% F
Average Annual (5 Year Horizon)  
Capital Gain -1.52% 71% C- 27% F
Dividend Return 0.14% 29% F 23% F
Total Return 1.67% 14% F 39% F
Risk Return Profile  
Volatility (Standard Deviation) 5.01% 29% F 92% A
Risk Adjusted Return 2.86% 29% F 24% F
Market Capitalization 0.18B 60% D- 36% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:

There is nothing we particularly like

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.