| Fund Description |
| Fidelity Low Duration Bond Factor ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Low Duration Investment Grade Factor Index. The fund normally invests at least 80% of assets in securities included in the Fidelity Low Duration Investment Grade Factor Index. The Index is designed to optimize the balance of interest rate risk and credit risk such that both returns and risk measures may be improved relative to traditional U.S. investment grade floating rate note indices. The Index is comprised of U.S. investment grade floating rate notes and U.S. Treasury notes. |
| Fund Profile |
| Fund Name |
Fidelity Low Duration Bond Factor ETF |
| Fund Exchange Ticker |
FLDR |
| Fund Sponsor |
Fidelity |
| Fund ISIN |
US3161884081 |
| Net Expense Ratio |
0.15 % |
| Fund Inception Date |
12 June 2018 |
| Fund Legal Structure |
ETF (Open end fund) |
| Exchange |
BATS |
| Listing Country Code |
US |
| Fund Investment Objective |
| ETF Type Specific |
Bonds - Broad Market |
| Asset Class |
Bonds |
| Index Linked |
Passive |
| Index Name |
Fidelity Low Duration Investment Grade Factor Index |
| Index Provider |
Fidelity |
| Currency Hedged |
No |
| Inverse / Leveraged |
Not Applicable |
| Developed / Emerging |
Developed Market Funds |
| Bond Type |
Broad Market |
| Credit Quality |
Investment Grade Only |
| Average Maturity |
Short (1-3 years) |
| Bond Currency Denomination |
Not Applicable |
| Key Statistics |
| Return As of Date |
28 June 2022 |
| Asset Under Management |
227.79 Million (USD) |
| 1 Month Total Return |
-0.91 % |
| Year To Date Return |
-2.13 % |
| 1 Year Total Return |
-2.11 % |
| 3 Year Annualized Total Return |
0.34 % |
| NAV |
49.5203 |
| Share Outstanding |
4,600,000 |