Fidelity InvestmentsMultisector BondFTBD · NYSE Arca

Fidelity Tactical Bond ETF (FTBD)

Compare Multisector Bond ETFs Compare with others

Price: $47.33; —25 Sept 2026
Assets: $38.7M; Total net assets
Expense ratio: 0.55%; Category 0.92%
Yield: 5.05%; Trailing distributions

1Y return: -0.5%-1.7%; Category 1.2%
3Y CAGR: 5.2%-0.9%; Category 6.1%
5Y CAGR: —; Category 1.4%

Loading NAV history…

Fidelity Tactical 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	-2.6%	-3.3%	-0.6%	-1.5%	-0.5%	+5.2%	—	—	+3.3%
Multisector Bond average	-1.9%	-1.6%	1.0%	-0.1%	1.2%	6.1%	1.4%	2.8%	2.4%
Difference	-0.7%	-1.7%	-1.6%	-1.4%	-1.7%	-0.9%	—	—	+0.9%

Holdings

Allocation as last published by the fund.

Sector allocation

Share of the equity the fund holds.

Energy100.0%

Asset mix

Bonds92.6%
Other6.4%
Convertibles1.2%
Preferred shares0.7%

Credit quality

Share of the bonds by rating.

US government54.0%
AAA62.9%
AA0.8%
A4.7%
BBB13.5%
BB14.9%
B4.4%
Below B2.3%

ETF details

Issuer: Fidelity Investments
Category: Fixed Income · Multisector Bond
Ticker: FTBD
Exchange: NYSE Arca
Inception: 24 Jan 2023 (3.7 years)
Structure: Exchange Traded Fund
Expense ratio: 0.55% (category 0.92%)
Holdings turnover: 53% (category 148%)
Distribution yield: 5.05%
Beta, 3 years: 1.04
Total net assets: $38.7M
Average duration: 4.98 years
Average maturity: 9.52 years

Prices and returns as of 25 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other multisector bond ETFs

Other ETFs in the Multisector Bond category.

Compare Multisector Bond ETFs