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ETFs

Fidelity Corporate Bond ETF

FCOR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 06 2014
Expense Ratio
0.36%
Type
Global Bonds
Fund Owner
Fidelity
Volume (1m avg. daily)
$1,384,559
AUM
$172,908,130
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
USTB 3.625% 02/15/53
5.94%
CF.TAXMM
CASH CF
2.79%
n/a
NET OTHER ASSETS
1.16%
n/a
USTB 3.625% 05/15/53
1.15%
CNL4481118
CLECO CORP HLDG 3.743% 5/1/26
1.00%
BAC5402225
BOA CORP 4.571%/VAR 04/27/33
0.95%
JPM5472700
JPMC CO 5.717%/VAR 09/14/33
0.93%
n/a
USTN 3.5% 02/15/33
0.74%
PM5503240
PHILIP MORS INT 5.75% 11/17/32
0.74%
ALLY27A
Ally Financial Inc - 7.10% NT REDEEM 15/11/2027 USD 2000
0.72%
Invest with FCOR

What is FCOR?

Fidelity Corporate Bond ETF is an actively managed exchange-traded fund incorporated in the USA. The fund seeks a high level of current income, normally investing at least 80% of assets in investment-grade corporate bonds and other corporate debt securities and repurchase agreements for those securities.

ETFs related toFCOR

ETFs correlated to FCOR include VTC, SUSC, VCIT

FCOR
Fidelity Covington Trust - Fidelity Corporate Bond ETF
VTC
Vanguard Group, Inc. - Vanguard Total Corporate Bond ETF
SUSC
iShares Trust - iShares Trust iShares ESG Aware USD Corporate Bond ETF
VCIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Corporate Bond ETF
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond ETF
QLTA
BlackRock Institutional Trust Company N.A. - iShares Aaa - A Rated Corporate Bond ETF
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF
IBDW
iShares Trust - iShares iBonds Dec 2031 Term Corporate ETF
BSCU
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2030 Corporate Bond ETF
SPBO
SPDR Series Trust - SPDR Portfolio Corporate Bond ETF
GIGB
Goldman Sachs ETF Trust - Goldman Sachs Access Investment Grade Corporate Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFCOR

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with FCOR using Composer

FAQ

FCOR is a Global Bonds ETF. Fidelity Corporate Bond ETF is an actively managed exchange-traded fund incorporated in the USA. The fund seeks a high level of current income, normally investing at least 80% of assets in investment-grade corporate bonds and other corporate debt securities and repurchase agreements for those securities.

Yes, FCOR is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, FCOR is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FCOR is -0.0126%. This is the percent change in the value of FCOR over the most recent 1-month period. The 3-month return on FCOR is -0.0273%. This is the percent change in the value of FCOR over the most recent 3-month period.

The standard deviation of FCOR for the past year is 0.0894%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FCOR include IGSB, SPIB, and VCSH.

ETFs correlated to FCOR include VTC, SUSC, and VCIT.

ETFs that are inversely correlated to FCOR include TBX, PST, and TTT.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.