Fidelity Low Duration Etf Profile
| FLDR Etf | USD 49.89 0.04 0.08% |
Performance24 of 100
| Odds Of DistressLess than 16
|
Fidelity Low is selling at 49.89 as of the 16th of April 2024; that is -0.08 percent decrease since the beginning of the trading day. The etf's lowest day price was 49.85. Fidelity Low has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Fidelity Low Duration are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2022 and ending today, the 16th of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of assets in securities included in the index. Fidelity Low is traded on BATS Exchange in the United States. The company has 25.78 M outstanding shares. More on Fidelity Low Duration
Moving together with Fidelity Etf
| 0.97 | BIL | SPDR Bloomberg 1 | PairCorr |
| 0.97 | SHV | iShares Short Treasury | PairCorr |
| 0.97 | JPST | JPMorgan Ultra Short | PairCorr |
| 0.95 | USFR | WisdomTree Floating Rate | PairCorr |
| 0.97 | ICSH | iShares Ultra Short | PairCorr |
| 0.98 | FTSM | First Trust Enhanced Sell-off Trend | PairCorr |
| 0.97 | SGOV | iShares 0 3 | PairCorr |
Moving against Fidelity Etf
| 0.51 | AMPD | Tidal Trust II | PairCorr |
Fidelity Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Fidelity Low's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fidelity Low or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Market ETFs, Ultrashort Bond, Fidelity Investments, Machinery (View all Sectors) |
| Issuer | Fidelity |
| Inception Date | 2018-06-14 |
| Benchmark | Fidelity Low Duration Investment Grade Factor Index |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 140,175.8 |
| Asset Type | Fixed Income |
| Category | Broad Market |
| Focus | Strategy |
| 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 | Brandon Bettencourt, Jay Small |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Jun |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 283 |
| Market Maker | Virtu Financial |
| Total Expense | 0.15 |
| Management Fee | 0.15 |
| Country Name | USA |
| Returns Y T D | 1.44 |
| Name | Fidelity Low Duration Bond Factor ETF |
| Currency Code | USD |
| Open Figi | BBG00L4J99Z0 |
| In Threey Volatility | 1.47 |
| 1y Volatility | 0.99 |
| 200 Day M A | 49.8173 |
| 50 Day M A | 49.9758 |
| Code | FLDR |
| Updated At | 16th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.35) |
Fidelity Low Duration [FLDR] is traded in USA and was established 2018-06-12. The fund is listed under Ultrashort Bond category and is part of Fidelity Investments family. The entity is thematically classified as Strategy ETFs. Fidelity Low Duration currently have 203.68 M in assets under management (AUM). , while the total return for the last 3 years was 2.5%.
Fidelity Low Duration currently holds about 260 K in cash with 13.91 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of -0.03.
Check Fidelity Low 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 Low Duration 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.
Fidelity Low Duration Currency Exposure
Fidelity Low Duration 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 Low 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 Low Duration.
Top Fidelity Low Duration Etf Constituents
| Fidelity Revere Str Tr | 5.4% |
| Morgan Stanley 4.183% | 1.98% |
| Verizon Communications Inc. 1.12% | 1.86% |
| United States Treasury Notes 1.375% | 1.86% |
| Morgan Stanley 1.58% | 1.76% |
| United States Treasury Notes 1.12% | 1.5% |
| Bank of Montreal 2.42413% | 1.6900001% |
| United States Treasury Notes 2.62% | 1.4099999% |
| United States Treasury Notes 1.125% | 1.39999995% |
| Goldman Sachs Group, Inc. 4.64314% | 1.54% |
Fidelity Low Target Price Odds Analysis
In regard to a normal probability distribution, the odds of Fidelity Low jumping above the current price in 90 days from now is about 12.65%. The Fidelity Low Duration probability density function shows the probability of Fidelity Low etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Fidelity Low has a beta of 0.0241. This usually indicates as returns on the market go up, Fidelity Low average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fidelity Low Duration will be expected to be much smaller as well. Additionally, fidelity Low Duration has an alpha of 0.008, implying that it can generate a 0.008006 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Fidelity Low to move above the current price in 90 days from now is about 12.65 (This Fidelity Low Duration probability density function shows the probability of Fidelity Etf to fall within a particular range of prices over 90 days) .
Fidelity Low Duration Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fidelity Low market risk premium is the additional return an investor will receive from holding Fidelity Low long position in a well-diversified portfolio. 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 Low. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Fidelity Low's alpha and beta are two of the key measurements used to evaluate Fidelity Low's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1031 | |||
| Jensen Alpha | 0.008 | |||
| Total Risk Alpha | 0.004 | |||
| Sortino Ratio | (0.68) |
Fidelity Low Against Markets
Picking the right benchmark for Fidelity Low etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Fidelity Low etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Fidelity Low is critical whether you are bullish or bearish towards Fidelity Low Duration at a given time. Please also check how Fidelity Low's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fidelity Low without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Fidelity Etf?
Before investing in Fidelity Low, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Fidelity Low. To buy Fidelity Low etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fidelity Low. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Fidelity Low etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Fidelity Low Duration etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Fidelity Low Duration etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Fidelity Low Duration, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Fidelity Etf please use our How to Invest in Fidelity Low guide.
Already Invested in Fidelity Low Duration?
The danger of trading Fidelity Low Duration is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Fidelity Low is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Fidelity Low. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fidelity Low Duration is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Fidelity Low Duration is a strong investment it is important to analyze Fidelity Low's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fidelity Low's future performance. For an informed investment choice regarding Fidelity Etf, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Low Duration. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Fidelity Low Duration information on this page should be used as a complementary analysis to other Fidelity Low's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of Fidelity Low Duration 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 Low's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Low'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 Low's market value can be influenced by many factors that don't directly affect Fidelity Low'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 Low's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Low is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Low'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.