Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
Fidelity Investment Grade Bond ETF (FIGB)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
04/01/2025: FIGB (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit -0.75% | Avg. Invested days 36 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 34880 | Beta 1.01 | 52 Weeks Range 39.64 - 44.09 | Updated Date 04/2/2025 |
52 Weeks Range 39.64 - 44.09 | Updated Date 04/2/2025 |
Upturn AI SWOT
Fidelity Investment Grade Bond ETF
ETF Overview
Overview
The Fidelity Investment Grade Bond ETF (LQD) seeks to track the performance of a broad investment-grade bond market index. It primarily invests in U.S. dollar-denominated investment-grade debt, providing exposure to a diversified portfolio of corporate and government bonds.
Reputation and Reliability
Fidelity is a well-established and reputable asset management firm with a long history in the financial industry.
Management Expertise
Fidelity boasts a large and experienced team of investment professionals specializing in fixed income.
Investment Objective
Goal
Seeks to track the performance of a broad investment-grade bond market index.
Investment Approach and Strategy
Strategy: Aims to replicate the performance of the ICE BofA US Corporate Index, a market-weighted index of U.S. dollar-denominated investment-grade corporate debt securities.
Composition Primarily holds investment-grade corporate bonds, with some exposure to U.S. government and agency bonds.
Market Position
Market Share: LQD's market share is considerable, but not the largest within the investment-grade bond ETF sector.
Total Net Assets (AUM): 3389000000
Competitors
Key Competitors
- LQD
- AGG
- VCSH
- SPBO
Competitive Landscape
The investment-grade bond ETF market is competitive, with several large players. LQD is known for Fidelity's strong brand and investment expertise. LQD's advantages include relatively low fees and strong tracking. Disadvantages are shared with similar ETFs: interest rate risk and credit risk.
Financial Performance
Historical Performance: Historical performance data should be retrieved from financial data providers. Consider historical return data over 1, 3, 5, and 10 year periods.
Benchmark Comparison: LQD's performance is typically very close to its benchmark, the ICE BofA US Corporate Index.
Expense Ratio: 0.04
Liquidity
Average Trading Volume
LQD exhibits high liquidity with substantial average daily trading volume, facilitating easy entry and exit for investors.
Bid-Ask Spread
LQD's bid-ask spread is typically tight due to its high trading volume, reducing trading costs for investors.
Market Dynamics
Market Environment Factors
LQD's performance is sensitive to interest rate changes, credit spreads, and overall economic conditions. Rising interest rates can negatively impact bond values.
Growth Trajectory
LQD's growth is tied to investor demand for fixed-income exposure and the growth of the investment-grade corporate bond market. No major strategy shifts noted.
Moat and Competitive Advantages
Competitive Edge
LQD benefits from Fidelity's established reputation and extensive resources. Its low expense ratio provides a cost advantage over some competitors. LQD's precise tracking of its benchmark minimizes tracking error. Its high liquidity further enhances its attractiveness. However, its strategy is not unique; similar ETFs offer the same core investment grade exposure.
Risk Analysis
Volatility
LQD's volatility is generally low compared to equity ETFs, but higher than money market funds. The volatility is determined by interest rate sensitivity and credit risk.
Market Risk
LQD is subject to interest rate risk (rising rates can decrease bond values) and credit risk (risk of issuers defaulting). Changes in credit spreads can also impact the ETF's performance.
Investor Profile
Ideal Investor Profile
Ideal for investors seeking stable income and diversification within their portfolio using investment-grade bonds. Appropriate for those with a moderate risk tolerance.
Market Risk
Suitable for long-term investors seeking a core fixed-income holding and passive index followers.
Summary
The Fidelity Investment Grade Bond ETF (LQD) is a passively managed fund that tracks the ICE BofA US Corporate Index, offering exposure to a broad range of investment-grade corporate bonds. It provides a cost-effective and liquid means of accessing the investment-grade bond market. LQD is ideal for investors seeking stable income and diversification with a moderate risk tolerance. The ETF benefits from Fidelity's reputation and tight tracking of its benchmark index, although it faces risks associated with interest rate sensitivity and credit risk in the investment-grade space.
Similar Companies
- AGG
- VCSH
- SPBO
- IEF
- USIG
Sources and Disclaimers
Data Sources:
- Fidelity Investments Website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Market conditions can change rapidly, and investments carry risk of loss.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Fidelity Investment Grade Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund normally invests at least 80% of assets in investment-grade debt securities (those of medium and high quality) of all types and repurchase agreements for those securities. The adviser allocates assets across different market sectors and maturities. It invests in domestic and foreign issuers. The adviser analyzes the credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.