Industry description
The investment seeks a high level of current income.
Normally, the fund invests at least 80% of assets in debt securities of all types and repurchase agreements for those securities. The manager uses the Bloomberg U.S. Universal Bond Index as a guide in allocating assets across the investment-grade, high yield, and emerging market asset classes. The fund invests up to 20% of assets in lower-quality debt securities. It is managed to have similar overall interest rate risk to the index.
Market Cap
The average market capitalization across the Fidelity Total Bond ETF ETF is 7.38B. The market cap for tickers in the group ranges from 59.59M to 59.59M. FRCB holds the highest valuation in this group at 59.59M. The lowest valued company is FRCB at 59.59M.
Volume
The average weekly volume growth across all stocks in the Fidelity Total Bond ETF ETF was -1%. For the same stocks of the ETF, the average monthly volume growth was -32% and the average quarterly volume growth was -8%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 44
P/E Growth Rating: 63
Price Growth Rating: 54
SMR Rating: 38
Profit Risk Rating: 63
Seasonality Score: 16 (-100 ... +100)