Fidelity Tactical Bond Etf Profile
FTBD Etf | 49.65 0.05 0.10% |
Performance8 of 100
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Fidelity Tactical is trading at 49.65 as of the 12th of October 2024, a 0.10 percent increase since the beginning of the trading day. The etf's lowest day price was 49.57. Fidelity Tactical has 50 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Fidelity Tactical Bond are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of September 2024 and ending today, the 12th of October 2024. Click here to learn more.
Fidelity Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Broad Debt ETFs, Strategy ETFs (View all Sectors) |
Issuer | Fidelity |
Inception Date | 2023-01-24 |
Entity Type | Regulated Investment Company |
Asset Under Management | 27.4 Million |
Asset Type | Fixed Income |
Category | Broad Debt |
Focus | Strategy |
Market Concentration | Blended Development |
Region | Global |
Administrator | Fidelity Management & Research Company LLC |
Advisor | Fidelity Management & Research Company LLC |
Custodian | State Street Bank and Trust Company |
Distributor | Fidelity Distributors Company LLC |
Portfolio Manager | Jeffrey Moore, Michael Plage |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 31-Aug |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 702 |
Market Maker | Citadel |
Total Expense | 0.55 |
Management Fee | 0.55 |
200 Day M A | 49.0978 |
Country Name | USA |
50 Day M A | 50.1952 |
Code | FTBD |
Updated At | 11th of October 2024 |
Name | Fidelity Tactical Bond ETF |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01CHYWN94 |
Type | ETF |
Fidelity Tactical Bond [FTBD] is traded in USA and was established null. The fund is not classified under any group at this time. The fund currently have in assets under management (AUM).
Check Fidelity Tactical Probability Of Bankruptcy
Geographic Allocation (%)
Fidelity Tactical Bond Currency Exposure
Fidelity Tactical Bond holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Fidelity Tactical will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Fidelity Tactical Bond.
Fidelity Tactical 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 Tactical. 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 | 0.0686 | |||
Jensen Alpha | 0.0196 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.26) |
Fidelity Tactical Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Tactical 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 bureau of labor statistics. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of Fidelity Tactical 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 Tactical's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Tactical'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 Tactical's market value can be influenced by many factors that don't directly affect Fidelity Tactical'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 Tactical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Tactical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Tactical'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.