Fidelity Total Bond Etf Performance
| FBND Etf | USD 44.23 0.14 0.32% |
The etf shows a Beta (market volatility) of 0.0346, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity Total's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity Total is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Fidelity Total Bond has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Fidelity Total is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | Valley Wealth Managers Inc. Invests 1.22 Million in Fidelity Total Bond ETF | 02/13/2024 |
2 | Long Term Trading Analysis for - Stock Traders Daily.com | 02/20/2024 |
3 | Envestnet Portfolio Solutions Inc. Invests 598000 in Fidelity Total Bond ETF - AmericanBankingNEWS | 02/26/2024 |
4 | Baker Avenue Asset Management LP Has 80.70 Million Stock Holdings in Fidelity Total Bond ETF | 03/06/2024 |
5 | JPMorgan Chase Co. Grows Position in Fidelity Total Bond ETF - Defense World | 03/12/2024 |
6 | Trading Advice - Stock Traders Daily | 03/22/2024 |
7 | Fidelity Total Bond ETF declares monthly distribution of 0.1700 | 03/28/2024 |
8 | Fidelity Total Bond ETF Shares Purchased by Global Retirement Partners LLC - Defense World | 04/03/2024 |
9 | Private Trust Co. NA Buys 547 Shares of Fidelity Total Bond ETF - Defense World | 04/11/2024 |
| In Threey Sharp Ratio | -0.60 |
Fidelity |
Fidelity Total Relative Risk vs. Return Landscape
If you would invest 4,503 in Fidelity Total Bond on January 30, 2024 and sell it today you would lose (94.00) from holding Fidelity Total Bond or give up 2.09% of portfolio value over 90 days. Fidelity Total Bond is currently does not generate positive expected returns and assumes 0.3967% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of etfs are less volatile than Fidelity, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Fidelity Total Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Total's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Fidelity Total Bond, and traders can use it to determine the average amount a Fidelity Total's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0798
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| Negative Returns | FBND |
Estimated Market Risk
| 0.4 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fidelity Total is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fidelity Total by adding Fidelity Total to a well-diversified portfolio.
Fidelity Total Fundamentals Growth
Fidelity Etf prices reflect investors' perceptions of the future prospects and financial health of Fidelity Total, and Fidelity Total fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Fidelity Etf performance.
| Total Asset | 2.16 B | |||
About Fidelity Total Performance
To evaluate Fidelity Total Bond Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Fidelity Total generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Fidelity Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Fidelity Total Bond market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Fidelity's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Normally, the fund invests at least 80 percent of assets in debt securities of all types and repurchase agreements for those securities. Fidelity Total is traded on NYSEARCA Exchange in the United States.| Fidelity Total Bond generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Private Trust Co. NA Buys 547 Shares of Fidelity Total Bond ETF - Defense World | |
| The fund created three year return of -3.0% | |
| Fidelity Total Bond retains about 11.33% of its assets under management (AUM) in fixed income securities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Total Bond. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of Fidelity Total Bond is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity Total's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Total's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity Total's market value can be influenced by many factors that don't directly affect Fidelity Total's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity Total's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Total is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Total's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.