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Morningstar

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.

Strength in Fidelity ® Investment Grade Sec ETF's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of 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 0
  • Bond Holdings 118
  • Other Holdings 8
  • % Assets in Top 10 Holdings 32.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association 3%

10.20
314,487
Securitized

Federal National Mortgage Association 2%

8.13
250,571
Securitized

Fidelity® Cash Central Fund

7.34
226,116
Cash and Equivalents

Government National Mortgage Association 2%

5.20
160,191
Securitized

Federal Home Loan Mortgage Corp. 2.5%

3.85
118,574
Securitized

Gscofi Swap Cy873248 04/17/65

3.62
111,499
—

BX 2021-PAC MORTGAGE TRUST

3.17
97,588
Securitized

WELLS FARGO COMMERCIAL MORTGAGE TRUST

3.15
97,252
Securitized

Federal National Mortgage Association 3.5%

2.97
91,464
Securitized

Federal National Mortgage Association 4%

2.93
90,312
Securitized