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Upturn AI SWOT - About
Fidelity Investment Grade Securitized ETF (FSEC)
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Upturn Advisory Summary
06/30/2025: FSEC (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $0
1 Year Target Price $0
| 0 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type ETF | Historic Profit 4.74% | Avg. Invested days 37 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.13 | 52 Weeks Range 40.51 - 43.93 | Updated Date 06/29/2025 |
52 Weeks Range 40.51 - 43.93 | Updated Date 06/29/2025 |
Upturn AI SWOT
Fidelity Investment Grade Securitized ETF
ETF Overview
Overview
The Fidelity Investment Grade Securitized ETF (FSEC) seeks to provide investment returns that correspond to the performance of the ICE BofA US Investment Grade Securitized Index. It focuses on investment-grade securitized debt, providing exposure to mortgage-backed securities (MBS), asset-backed securities (ABS), and commercial mortgage-backed securities (CMBS).
Reputation and Reliability
Fidelity is a well-established and reputable investment management firm with a long track record.
Management Expertise
Fidelity has a team of experienced portfolio managers and analysts specializing in fixed-income securities.
Investment Objective
Goal
The fund seeks to track the performance of the ICE BofA US Investment Grade Securitized Index before fees and expenses.
Investment Approach and Strategy
Strategy: The ETF employs a passive management strategy, attempting to replicate the composition and weighting of the underlying index.
Composition The ETF primarily holds investment-grade securitized debt, including MBS, ABS, and CMBS.
Market Position
Market Share: Data unavailable to provide an estimate of its exact market share.
Total Net Assets (AUM): 74700000
Competitors
Key Competitors
- iShares MBS ETF (MBB)
- Vanguard Mortgage-Backed Securities ETF (VMBS)
- SPDR Portfolio Mortgage Backed Bond ETF (SPMB)
Competitive Landscape
The ETF industry is competitive, with several large players offering similar securitized debt ETFs. FSEC provides exposure to a similar asset class but might differentiate itself through expense ratios or tracking error. FSEC is small compared to its main competitors. A disadvantage of FSEC is its lower AUM as compared to competitors, which may affect liquidity.
Financial Performance
Historical Performance: Historical performance data can be obtained from official fund factsheets and financial data providers.
Benchmark Comparison: The ETF's performance should be compared to the ICE BofA US Investment Grade Securitized Index to evaluate its tracking efficiency.
Expense Ratio: 0.03
Liquidity
Average Trading Volume
The ETF's liquidity is moderate with an average daily trading volume of ~34,000 shares.
Bid-Ask Spread
The bid-ask spread is generally tight, reflecting relatively good liquidity for its asset class.
Market Dynamics
Market Environment Factors
Economic indicators, interest rate movements, and the performance of the housing market can significantly affect the ETF's performance.
Growth Trajectory
The growth trajectory depends on investor demand for securitized debt and the fund's ability to effectively track its benchmark index.
Moat and Competitive Advantages
Competitive Edge
FSEC's competitive edge lies in Fidelity's brand recognition and expertise in fixed-income investing, as well as the ETF's low expense ratio. While the ETF's strategy is not unique, Fidelity's resources and reputation could attract investors. Its low cost can be attractive for investors seeking a cost-effective securitized debt product. Fidelity's distribution network and brand name also help to promote the ETF.
Risk Analysis
Volatility
The ETF's volatility is typical for investment-grade securitized debt, influenced by interest rate sensitivity and credit risk.
Market Risk
Market risk includes interest rate risk, credit risk of the underlying securities, and prepayment risk associated with mortgage-backed securities.
Investor Profile
Ideal Investor Profile
The ETF is suitable for investors seeking diversified exposure to investment-grade securitized debt and who are comfortable with moderate levels of interest rate and credit risk.
Market Risk
This ETF may be suitable for long-term investors and those looking for a fixed-income component in their portfolio.
Summary
The Fidelity Investment Grade Securitized ETF (FSEC) offers a cost-effective way to access the investment-grade securitized debt market. It tracks the ICE BofA US Investment Grade Securitized Index. The ETF primarily invests in mortgage-backed, asset-backed, and commercial mortgage-backed securities. Given itu2019s size, it could be a smaller portfolio allocation to the broader asset class.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Fidelity Investments
- ICE Data Indices, LLC.
- Bloomberg
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Market share data may not be exact and relies on available information.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Fidelity Investment Grade Securitized ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund normally invests at least 80% of assets in investment-grade securitized debt securities (those of medium and high quality) and repurchase agreements for those securities. It invests in securitized debt securities issued by the U.S. government and its agencies or instrumentalities, foreign governments, and corporations. The fund invests in U.S. government securities issued by entities that are chartered or sponsored by Congress but whose securities are neither issued nor guaranteed by the U.S. Treasury.
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