FIGB:NYE-Fidelity Investment Grade Bond ETF (USD)

ETF | Others |

Last Closing

USD 42.24

Change

-0.11 (-0.25)%

Market Cap

USD 0.16B

Volume

0.02M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund normally invests at least 80% of assets in investment-grade debt securities (those of medium and high quality) of all types and repurchase agreements for those securities. The adviser allocates assets across different market sectors and maturities. It invests in domestic and foreign issuers. The adviser analyzes the credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-26 )

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ETFs Containing FIGB

N/A

Market Performance

  Market Performance vs. Industry/Classification (Others) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.93% 14% F 28% F
Dividend Return 3.41% 55% F 50% F
Total Return 0.49% 14% F 26% F
Trailing 12 Months  
Capital Gain -3.10% 15% F 28% F
Dividend Return 3.41% 55% F 50% F
Total Return 0.31% 14% F 27% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -3.77% 15% F 16% F
Dividend Return -1.90% 15% F 14% F
Total Return 1.87% 69% C- 45% F
Risk Return Profile  
Volatility (Standard Deviation) 6.20% 74% C 89% A-
Risk Adjusted Return -30.70% 12% F 8% B-
Market Capitalization 0.16B 68% D+ 33% 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.