Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
Fidelity Tactical Bond ETF (FTBD)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/14/2025: FTBD (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 3.3% | Avg. Invested days 46 | 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 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 45.90 - 49.17 | Updated Date 06/30/2025 |
52 Weeks Range 45.90 - 49.17 | Updated Date 06/30/2025 |
Upturn AI SWOT
Fidelity Tactical Bond ETF
ETF Overview
Overview
The Fidelity Tactical Bond ETF (FZRO) is an actively managed ETF that seeks to maximize total return by investing in a broad range of investment-grade securities across the global bond market, adjusting its allocation based on market conditions.
Reputation and Reliability
Fidelity is a well-established and reputable financial services company with a long history of managing investment funds.
Management Expertise
Fidelity boasts a large team of experienced portfolio managers and analysts with expertise in fixed income markets.
Investment Objective
Goal
To maximize total return through a combination of current income and capital appreciation.
Investment Approach and Strategy
Strategy: The ETF employs an active management strategy, adjusting its allocation to different sectors of the bond market based on macroeconomic analysis and market trends.
Composition The ETF invests primarily in investment-grade bonds, including U.S. government securities, corporate bonds, mortgage-backed securities, and asset-backed securities.
Market Position
Market Share: FZRO holds a relatively small market share within the broader actively managed bond ETF market.
Total Net Assets (AUM): 164000000
Competitors
Key Competitors
- AGG
- BND
- LQD
- HYG
Competitive Landscape
The actively managed bond ETF market is highly competitive, with numerous ETFs offering various strategies. FZRO's active management approach differentiates it from passive index trackers. Its advantages are the potential for outperformance, but disadvantages include higher fees and the risk of underperformance.
Financial Performance
Historical Performance: Historical performance data should be obtained from reliable financial data providers.
Benchmark Comparison: Benchmark comparison requires specific performance data over a given period.
Expense Ratio: 0.36
Liquidity
Average Trading Volume
FZRO's average trading volume is moderate, suggesting adequate liquidity for most investors.
Bid-Ask Spread
The bid-ask spread for FZRO is generally tight, indicating relatively low trading costs.
Market Dynamics
Market Environment Factors
Economic growth, inflation, interest rate policies, and credit spreads significantly influence the performance of bond ETFs like FZRO.
Growth Trajectory
FZRO's growth trajectory depends on its ability to deliver competitive returns and attract assets in a changing market environment. The ETF's tactical adjustments can lead to different holdings over time.
Moat and Competitive Advantages
Competitive Edge
Fidelity Tactical Bond ETF's competitive advantage lies in Fidelity's active management expertise, which allows it to adapt to changing market conditions. This flexibility can potentially lead to better risk-adjusted returns compared to passive bond ETFs. The ETF benefits from Fidelity's research capabilities and established reputation. The capability to dynamically adjust the portfolio based on macroeconomic outlooks and market sentiment is a key differentiator.
Risk Analysis
Volatility
FZRO's volatility is influenced by interest rate risk and credit risk, as well as the fund manager's active strategies.
Market Risk
The ETF is subject to market risk factors such as interest rate fluctuations, credit spread widening, and economic downturns.
Investor Profile
Ideal Investor Profile
The Fidelity Tactical Bond ETF is suitable for investors seeking income and capital appreciation through a diversified portfolio of investment-grade bonds. It's better for investors seeking active management within the bond market.
Market Risk
FZRO is suitable for long-term investors seeking diversification within their fixed-income allocation. Investors who want active bond allocation rather than a simple passive ETF.
Summary
Fidelity Tactical Bond ETF (FZRO) is an actively managed ETF seeking to maximize total return by investing across the global bond market. Fidelity's active management is a key differentiator compared to passive ETFs. Its success depends on the fund managers' ability to navigate changing market conditions. It's best suited for investors seeking more active bond allocations. Before investing, investors should carefully consider the ETF's investment strategy, risks, and expenses.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Fidelity Investments Website
- ETF.com
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Market conditions can change rapidly, and past performance is not indicative of future results. Investors should consult with a qualified 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 Tactical Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund invests at least 80% of assets in debt securities of all types and repurchase agreements for those securities. The advisor allocates assets across the full spectrum of the debt market, including investment-grade, high yield and emerging markets debt securities across different maturities. The fund invests in both U.S. dollar-denominated and non-U.S. dollar-denominated securities, and generally hedging the fund's foreign currency exposures utilizing forward foreign currency exchange contracts.
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.