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Fidelity Total Bond ETF (FBND)

45.54 +0.03 (+0.07%)
As of 1:44:05 PM EST. Market Open.

ETF Summary

Normally, the fund invests at least 80% of assets in debt securities of all types and repurchase agreements for those securities. The manager uses the Bloomberg U.S. Universal Bond Index as a guide in allocating assets across the investment-grade, high yield, and emerging market asset classes. The fund invests up to 20% of assets in lower-quality debt securities. It is managed to have similar overall interest rate risk to the index.

Risk Overview

Performance & Risk

YTD Return 3.03%
5y Average Return 1.01%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.98
Morningstar Risk Rating --

Risk Statistics

3 Years5 Years10 Years
FBNDCategory AverageFBNDCategory AverageFBNDCategory Average
Alpha 0.86 0.4 1.23 0.59 0.78 0.29
BETA 0.98 0.99 1 1 0.97 0.97
Mean Annual Return -0.06 -0.1 0.12 0.06 0.2 0.16
R-squared 98.39 96.2 94.36 87.15 89.87 84.77
Standard Deviation 7.73 7.86 6.57 6.9 5.12 5.3
Sharpe Ratio -0.63 -0.68 -0.17 -0.26 0.12 0.02
Treynor Ratio -5.24 -5.59 -1.36 -1.94 0.51 0.07

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