Fidelity InvestmentsUltrashort BondFLDB · Nasdaq

Fidelity Low Duration Bond ETF (FLDB)

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Price: $50.28; —11 Sept 2026
Assets: $417.8M; Total net assets
Expense ratio: 0.20%; Category 0.38%
Yield: 4.13%; Trailing distributions

1Y return: 3.8%-0.2%; Category 3.9%
3Y CAGR: —; Category 5.1%
5Y CAGR: —; Category 3.9%

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Fidelity Low Duration Bond ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+0.2%	+0.9%	+1.8%	+2.4%	+3.8%	—	—	—	+4.8%
Ultrashort Bond average	0.3%	0.8%	2.0%	2.6%	3.9%	5.1%	3.9%	3.0%	3.4%
Difference	0.0%	0.0%	-0.2%	-0.2%	-0.2%	—	—	—	+1.4%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

US government25.8%
AAA50.3%
AA14.0%
A28.5%
BBB6.6%
Other0.5%

Asset mix

Bonds89.8%
Cash9.8%
Other0.4%

ETF details

Issuer: Fidelity Investments
Category: Fixed Income · Ultrashort Bond
Ticker: FLDB
Exchange: Nasdaq
Inception: 22 Feb 2024 (2.6 years)
Structure: Exchange Traded Fund
Expense ratio: 0.20% (category 0.38%)
Holdings turnover: 59% (category 63%)
Distribution yield: 4.13%
Beta, 3 years: 0.00
Total net assets: $417.8M
Average duration: 4.23 years
Average maturity: 9.98 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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