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Upturn AI SWOT - About
Fidelity Investment Grade Securitized ETF (FSEC)
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Upturn Advisory Summary
10/30/2025: 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.
Analysis of Past Performance
Type ETF | Historic Profit 8.13% | Avg. Invested days 49 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/30/2025 |
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 results that correspond to the performance of the ICE BofA US Investment Grade Securitized Index. It primarily invests in U.S. dollar-denominated investment-grade securitized debt, including agency mortgage-backed securities (MBS), commercial mortgage-backed securities (CMBS), and asset-backed securities (ABS). The ETF focuses on high-quality securitized debt and aims for income generation and capital preservation.
Reputation and Reliability
Fidelity is a well-established and reputable asset manager with a long history of providing investment products and services.
Management Expertise
Fidelity has a dedicated team of experienced portfolio managers and analysts specializing in fixed-income and securitized debt markets.
Investment Objective
Goal
To provide investment results that correspond to the performance of the ICE BofA US Investment Grade Securitized Index.
Investment Approach and Strategy
Strategy: The ETF employs a passive management strategy, attempting to replicate the holdings and weightings of the ICE BofA US Investment Grade Securitized Index.
Composition The ETF primarily holds investment-grade securitized debt, including agency mortgage-backed securities (MBS), commercial mortgage-backed securities (CMBS), and asset-backed securities (ABS).
Market Position
Market Share: FSEC's market share is dependent on the flows in and out of the ETFs and is constantly changing.
Total Net Assets (AUM): 687491819
Competitors
Key Competitors
- iShares MBS ETF (MBB)
- Vanguard Mortgage-Backed Securities ETF (VMBS)
- SPDR Portfolio Mortgage Backed Securities ETF (SPMB)
Competitive Landscape
The securitized ETF market is dominated by larger players like iShares and Vanguard. FSEC is a smaller player but offers a similar investment strategy. A disadvantage for FSEC is its lower AUM which may affect its liquidity and trading volumes compared to its larger competitors. An advantage could be its expense ratio or tracking error which can impact performance compared to competitors.
Financial Performance
Historical Performance: Historical performance data unavailable in this response, but available through financial data providers.
Benchmark Comparison: Benchmark comparison unavailable in this response, but the ETF seeks to track the ICE BofA US Investment Grade Securitized Index.
Expense Ratio: 0.08
Liquidity
Average Trading Volume
Average trading volume varies, but indicates sufficient liquidity for most investors.
Bid-Ask Spread
The bid-ask spread is generally tight, reflecting the ETF's investment-grade holdings.
Market Dynamics
Market Environment Factors
Interest rate movements, credit spreads, housing market conditions, and the overall economic environment influence the performance of the ETF.
Growth Trajectory
Growth depends on interest rate environment and investor demand for securitized debt, which influence its AUM and trading volume; strategy remains consistent with the benchmark it tracks.
Moat and Competitive Advantages
Competitive Edge
FSEC's competitive advantage lies in its association with Fidelity, a well-known and trusted brand in asset management. The ETF benefits from Fidelity's research capabilities and extensive distribution network. The low expense ratio offers a cost-effective way for investors to gain exposure to investment-grade securitized debt. This can attract investors seeking to reduce their portfolio expenses. However, the fund's passive strategy does not provide any unique investment strategies.
Risk Analysis
Volatility
Volatility is generally moderate due to the investment-grade nature of the underlying assets.
Market Risk
The ETF is exposed to interest rate risk, credit risk, and prepayment risk associated with securitized debt.
Investor Profile
Ideal Investor Profile
The ideal investor is risk-averse, seeking income generation and capital preservation through exposure to high-quality securitized debt.
Market Risk
The ETF is suitable for long-term investors and passive index followers seeking stable returns.
Summary
The Fidelity Investment Grade Securitized ETF (FSEC) offers exposure to the investment-grade securitized debt market. With a passive approach and low expense ratio, it seeks to mirror the ICE BofA US Investment Grade Securitized Index. Market risks inherent in the ETF are interest rates, credit and prepayment. This makes it well suited for investors who are risk-averse, long-term and passive index followers.
Similar ETFs
Sources and Disclaimers
Data Sources:
- Fidelity Investments
- ICE Data Indices
- Morningstar
- ETF.com
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions.
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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