Fidelity Corporate Bond Etf Profile
| FCOR Etf | USD 47.38 0.53 1.13% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Fidelity Corporate is selling at 47.38 as of the 26th of November 2024; that is 1.13 percent increase since the beginning of the trading day. The etf's lowest day price was 47.09. Fidelity Corporate has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Fidelity Corporate Bond are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Normally, the fund invests at least 80 percent of its assets in investment-grade corporate bonds and other corporate debt securities and repurchase agreements for those securities. Fidelity Corporate is traded on NYSEARCA Exchange in the United States. More on Fidelity Corporate Bond
Moving together with Fidelity Etf
| 0.99 | LQD | iShares iBoxx Investment Aggressive Push | PairCorr |
| 0.99 | IGIB | iShares 5 10 | PairCorr |
| 0.99 | USIG | iShares Broad USD | PairCorr |
| 0.96 | SPIB | SPDR Barclays Interm | PairCorr |
| 0.99 | SUSC | iShares ESG USD | PairCorr |
| 0.99 | QLTA | iShares Aaa | PairCorr |
Moving against Fidelity Etf
Fidelity Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Broad Market ETFs, Corporate ETFs, Corporate Bond, Fidelity Investments (View all Sectors) |
| Issuer | Fidelity |
| Inception Date | 2014-10-09 |
| Benchmark | Not Applicable |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 233.75 Million |
| Average Trading Valume | 33,119.6 |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | Broad Market |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Fidelity Service Company, Inc. |
| Advisor | Fidelity Investments Money Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Fidelity Distributors Corporation |
| Portfolio Manager | Michael Plage, David Prothro, Matthew Bartlett |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-May |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 480 |
| Market Maker | Virtu Financial |
| Total Expense | 0.36 |
| Management Fee | 0.36 |
| Country Name | USA |
| Returns Y T D | 3.25 |
| Name | Fidelity Corporate Bond ETF |
| Currency Code | USD |
| Open Figi | BBG0078WXLP5 |
| In Threey Volatility | 9.5 |
| 1y Volatility | 8.65 |
| 200 Day M A | 46.7865 |
| 50 Day M A | 47.5624 |
| Code | FCOR |
| Updated At | 25th of November 2024 |
| Currency Name | US Dollar |
Fidelity Corporate Bond [FCOR] is traded in USA and was established 2014-10-06. The fund is listed under Corporate Bond category and is part of Fidelity Investments family. The entity is thematically classified as Broad Market ETFs. Fidelity Corporate Bond currently have 144.11 M in assets under management (AUM). , while the total return for the last 3 years was -1.6%.
Check Fidelity Corporate Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity Corporate Bond Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Fidelity Corporate Bond Etf Constituents
| Cleco Corporate Holdings Llc 3.74% | 0.91% |
| Carrier Global Corporation 2.7% | 0.68% |
| Fidelity Revere Str Tr | 3.85% |
| Emera US Finance LP 3.55% | 0.76% |
| The Boeing Company 5.04% | 0.72000003% |
| Western Midstream Operating LP 4.3% | 0.67000003% |
| Cleco Corporate Holdings LLC 3.743% | 0.75% |
| United States Treasury Bonds 2.875% | 3.3099998% |
| United States Treasury Bonds 2.38% | 3.73% |
| NatWest Group plc 6% | 0.8% |
Fidelity Corporate Bond Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity Corporate. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.9527 |
Fidelity Corporate Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Corporate Bond. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of Fidelity Corporate Bond is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity Corporate's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Corporate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity Corporate's market value can be influenced by many factors that don't directly affect Fidelity Corporate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity Corporate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Corporate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Corporate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.