Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Fund Details
Upturn AI Summary
Fidelity Investment Grade Securitized ETF(FSEC)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for FSEC
11/06/2026: FSEC (2-star) has a low Upturn Star Rating. Not recommended to BUY.
FSEC is an actively managed ETF that provides targeted exposure to investment-grade securitized debt, including MBS and ABS. It offers investors a professional alternative to passive, index-based bond funds by utilizing Fidelity's research to navigate complex credit markets. While slightly more expensive than its passive counterparts, it serves as a robust tool for diversifying core income portfolios. Key risks include interest rate sensitivity and prepayment risk associated with securitized underlying assets. It is best suited for income-focused investors who value active management for stability and yield generation.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | This fund is designed for income and stability rather than capital appreciation. |
| Momentum investor | Weak fit | Securitized bond funds generally lack the volatility and price trends required for momentum strategies. |
| Value investor | Mixed fit | Investors seeking value in credit markets may find the fund's active selection of mispriced securitized debt appealing. |
| Dividend/Income investor | Strong fit | The fund focuses on generating steady current income from a portfolio of securitized assets. |
| Low-risk investor | Strong fit | The portfolio emphasizes high-quality, investment-grade securities suitable for conservative income seekers. |
Investor Profile
Ideal Investor Profile
Conservative to moderate investors seeking reliable income with lower volatility than equities.
Suitability
Best for long-term income-oriented investors rather than active traders.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Low | The focus on high-grade bonds typically results in lower price volatility compared to equities. |
| Market risk | Medium | Changes in interest rates are the primary driver of market risk for this fund. |
| Concentration | Medium | The fund is specialized in securitized products, which may behave differently than broader bond indices. |
| Tracking/expense | Low | As an active fund, it does not aim to track an index, making tracking error irrelevant. |
| Liquidity | Low | The underlying securitized assets are generally liquid in normal market conditions. |
| Business/sector quality | Low | The mandate restricts holdings to investment-grade securities, limiting default risk. |
Risk Analysis
Volatility
Low to moderate; typical for investment-grade fixed income.
Market Risk
Primary risks include interest rate duration risk and sector-specific prepayment risk.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Fixed-income type | Agency Mortgage-Backed Securities (MBS) | 55 | Provides high-quality, government-backed income with relatively low credit risk. |
| Fixed-income type | Non-Agency Asset-Backed Securities (ABS) | 25 | Offers potential yield enhancement through diversified consumer or commercial loan pools. |
| Fixed-income type | Commercial Mortgage-Backed Securities (CMBS) | 15 | Provides exposure to commercial real estate debt, typically offering higher yields than agency bonds. |
| Cash/collateral | Cash and Cash Equivalents | 5 | Maintained for liquidity requirements and to manage short-term portfolio adjustments. |
Price Behavior
Flat / Range-Bound
The stock price has been trading within a narrow range with minimal directional movement.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 8.39% | Avg. Invested days 49 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 11/06/2026 |
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.