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Upturn AI SWOT - About
Fidelity Investment Grade Securitized ETF (FSEC)
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Upturn Advisory Summary
08/14/2025: 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 5.3% | Avg. Invested days 42 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 08/14/2025 |
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, before fees and expenses, to the performance of the ICE BofA US Fixed Rate Core Investment Grade CMBS Index. It focuses on investment-grade securitized debt, providing exposure to the U.S. mortgage-backed securities market.
Reputation and Reliability
Fidelity is a well-established and reputable investment management firm with a long track record.
Management Expertise
Fidelity has extensive experience and a dedicated team managing fixed-income ETFs, ensuring expertise in securitized debt markets.
Investment Objective
Goal
To provide investment returns that correspond, before fees and expenses, to the performance of the ICE BofA US Fixed Rate Core Investment Grade CMBS Index.
Investment Approach and Strategy
Strategy: The ETF aims to replicate the performance of the ICE BofA US Fixed Rate Core Investment Grade CMBS Index, a market-value weighted index of U.S. dollar-denominated fixed rate commercial mortgage-backed securities.
Composition The ETF holds commercial mortgage-backed securities (CMBS) rated as investment grade.
Market Position
Market Share: Data unavailable to compute market share at this time.
Total Net Assets (AUM): 67640000
Competitors
Key Competitors
- iShares CMBS ETF (CMBS)
- Invesco Investment Grade Insured Municipal Bond ETF (PZA)
- VanEck Mortgage REIT Income ETF (MORT)
Competitive Landscape
The securitized ETF market is competitive, with iShares CMBS ETF (CMBS) being a major player. FSEC's advantages lie in Fidelity's brand and established fixed-income expertise. FSEC would need to effectively compete on cost and performance to gain market share.
Financial Performance
Historical Performance: Historical performance data unavailable at this time.
Benchmark Comparison: Benchmark comparison data unavailable at this time.
Expense Ratio: 0.36
Liquidity
Average Trading Volume
The average daily trading volume is unavailable at this time.
Bid-Ask Spread
The bid-ask spread is unavailable at this time.
Market Dynamics
Market Environment Factors
Economic indicators like interest rates and the commercial real estate market significantly impact FSEC's performance. Market sentiment towards mortgage-backed securities also influences its value.
Growth Trajectory
The ETF's growth trajectory depends on the demand for securitized debt investments and Fidelity's ability to attract assets. Changes in CMBS market regulations can also influence its trajectory.
Moat and Competitive Advantages
Competitive Edge
FSEC benefits from Fidelity's brand recognition and existing distribution network. The ETF's focus on investment-grade CMBS provides a level of security sought by risk-averse investors. Fidelity's fixed-income expertise also contributes to investor confidence. However, it needs to differentiate itself in terms of fees, holdings, or performance to stand out in the crowded ETF landscape.
Risk Analysis
Volatility
Volatility depends on the underlying CMBS market, interest rate sensitivity, and economic conditions. Credit risk associated with the underlying mortgages is a key factor.
Market Risk
Market risk includes interest rate risk (as CMBS values can decline when interest rates rise) and credit risk related to the underlying mortgage loans. Liquidity risk is also present but can vary based on market conditions.
Investor Profile
Ideal Investor Profile
The ideal investor is risk-averse, seeking stable income, and looking for exposure to the commercial mortgage-backed securities market. They may be looking for diversification within their fixed-income portfolio.
Market Risk
This ETF is suitable for long-term investors or passive index followers looking for exposure to investment-grade securitized debt.
Summary
Fidelity Investment Grade Securitized ETF (FSEC) offers investors exposure to investment-grade CMBS. The ETF aims to track the ICE BofA US Fixed Rate Core Investment Grade CMBS Index, making it suitable for risk-averse investors seeking stable income. It leverages Fidelity's expertise in fixed income but faces competition from established ETFs like iShares CMBS ETF (CMBS). Its performance is heavily influenced by interest rates, credit risk and the commercial real estate market. FSEC's growth depends on its ability to differentiate and attract assets in the competitive securitized debt ETF market.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Fidelity Investments Website
- ETF.com
- Bloomberg
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Market data is subject to change. 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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