Fidelity Sustainable Core Plus Bond ETF (FSBD)

Overview

The Fidelity Sustainable Core Plus Bond ETF (FSBD) seeks to provide a high level of current income consistent with prudent investment management, considering environmental, social, and governance (ESG) factors. It invests primarily in investment-grade debt securities.

Reputation and Reliability

Fidelity is a well-established and reputable investment management firm with a long history of providing investment products and services.

Management Expertise

Fidelity has a large and experienced team of investment professionals managing various fixed-income strategies.

Goal

To provide a high level of current income consistent with prudent investment management while considering ESG factors.

Investment Approach and Strategy

Strategy: The ETF employs an active management strategy, selecting securities based on fundamental analysis and ESG considerations.

Composition The ETF primarily holds investment-grade corporate bonds, government bonds, and mortgage-backed securities. ESG factors are integrated into the security selection process.

Market Share: Data unavailable.

Total Net Assets (AUM): 115400000.0

Key Competitors

• Vanguard Total Bond Market ETF (BND)
• iShares Core U.S. Aggregate Bond ETF (AGG)
• SPDR Portfolio Aggregate Bond ETF (SPAB)

Competitive Landscape

The fixed-income ETF market is highly competitive, with established players like Vanguard and iShares dominating. FSBD differentiates itself through its focus on sustainable investing. Its advantages include Fidelity's brand recognition and ESG integration, while disadvantages include lower AUM and relatively new presence compared to established competitors.

Historical Performance: Data unavailable.

Benchmark Comparison: Data unavailable.

Expense Ratio: 0.36

Average Trading Volume

The average trading volume of FSBD is moderate, which could impact the ease of buying and selling shares.

Bid-Ask Spread

The bid-ask spread varies based on market conditions and trading volume, impacting the cost of trading FSBD.

Market Environment Factors

Interest rate movements, credit spreads, and overall economic conditions significantly impact the performance of FSBD. Investor demand for ESG investments also plays a role.

Growth Trajectory

FSBD's growth depends on the increasing investor interest in sustainable investing and the ETF's ability to deliver competitive risk-adjusted returns. Changes to ESG criteria and security selection could affect holdings.

Competitive Edge

FSBD's competitive edge lies in its integration of ESG factors within a core-plus bond strategy, appealing to socially conscious investors. The ETF leverages Fidelity's established fixed-income expertise. By combining ESG investing with active bond management, FSBD targets a niche in the growing sustainable investing market. Its expense ratio is in line with similar actively managed ESG bond ETFs. This creates a potential appeal for investors seeking both income and social impact.

Volatility

FSBD's volatility is expected to be moderate, similar to other core-plus bond funds. The ETF's active management and ESG criteria may introduce some variability.

Market Risk

FSBD is subject to interest rate risk, credit risk, and potential ESG-related risks. Market fluctuations and changes in ESG standards could affect performance.

Ideal Investor Profile

FSBD is suited for investors seeking current income while prioritizing sustainable investing. It is ideal for those who are comfortable with moderate risk and desire ESG integration in their fixed-income portfolio.

Market Risk

FSBD is more suitable for long-term investors seeking a sustainable fixed-income solution rather than active traders focused on short-term gains. It appeals to investors looking for an actively managed bond fund with ESG considerations.

Fidelity Sustainable Core Plus Bond ETF offers exposure to investment-grade bonds with a focus on sustainability. It aims to provide current income while considering ESG factors, appealing to socially conscious investors. Its active management strategy and moderate expense ratio are key characteristics. While still relatively small in AUM, it benefits from Fidelity's brand and expertise in fixed income. Its performance is subject to interest rate and credit risk, as well as evolving ESG standards.

Data Sources:

• Fidelity Investments website
• ETF.com
• Morningstar

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market share data is based on estimates and may not be precise.