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Fidelity Investment Grade Sec ETF FSEC

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub

Morningstar’s Analysis FSEC

Will FSEC outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FSEC’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FSEC management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FSEC’s parent organization’s priorities and whether they’re in line with investors’ interests.

An upgrade in its Process Pillar rating is the primary driver of Fidelity Investment Grade Sec ETF's upgrade to a Morningstar Medalist Rating of Bronze from Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FSEC

More FSEC Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 47.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association 2%

11.14 348,135
Securitized

Fidelity Cash Central Fund

9.15 286,198
Cash and Equivalents

Government National Mortgage Association 2%

7.06 220,727
Securitized

Federal National Mortgage Association 6%

6.41 200,383
Securitized

Federal National Mortgage Association 3%

4.05 126,504
Securitized

Federal Home Loan Mortgage Corp. 2.5%

3.67 114,757
Securitized

Government National Mortgage Association 3%

3.46 108,245
Securitized

BX 2021-PAC MORTGAGE TRUST

3.17 99,125
Securitized

WELLS FARGO COMMERCIAL MORTGAGE TRUST

3.14 98,203
Securitized

Federal National Mortgage Association 3.5%

2.81 87,871
Securitized