ATLASFidelity Investment Grade Securitized ETF (FSEC): outlook, holdings and fees
Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund and is managed by Fidelity Investments. The expense ratio is 0.35% and the yield is 4.76%. The ten largest holdings are 59% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FSEC
| Last price | $42.77 (0.0%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 64% |
| Likely 1-month range (50%) | $42.56 – $43.47 |
| Normal 1-day range (±1σ) | ±0.4% |
| Distribution yield | 4.76% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FSEC fund facts
| Issuer | Fidelity Investments |
|---|---|
| Theme | Corporate bonds |
| Assets under management | $4.5B |
| Expense ratio | 0.35% |
| Number of holdings | 10 |
| Portfolio turnover | 868% |
| Inception | Mar 2, 2021 |
| Exchange | NYSE |
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.
FSEC top holdings
| Holding | Sector | Weight |
|---|---|---|
| Fidelity Revere Str Tr | – | 18.00% |
| Government National Mortgage Association 3.5% | – | 7.46% |
| Fnma Pass-Thru I 3.5% | – | 7.35% |
| Federal National Mortgage Association 3% | – | 5.20% |
| Us 5yr Note Dec22 Xcbt 20221230 | – | 5.08% |
| Us 2yr Note Sep21 Xcbt 20210930 | – | 4.60% |
| Federal Home Loan Mortgage Corporation 2.5% | – | 3.22% |
| Us Long Bond Dec22 Xcbt 20221220 | – | 3.08% |
| Government National Mortgage Association 3% | – | 2.91% |
| Federal National Mortgage Association 3.5% | – | 2.57% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FSEC returns and risk
| Year to date | -2.3% |
|---|---|
| 1 year | -1.2% |
| 3 years (annualised) | +5.2% |
| 5 years (annualised) | -0.2% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 6.4% |
| Sharpe ratio (3 years) | 0.08 |
Past returns do not guarantee future results.
FSEC: frequently asked questions
What does FSEC invest in?
Fidelity Investment Grade Securitized ETF invests in a portfolio of securities. Its largest holdings are Fidelity Revere Str Tr (18.0%), Government National Mortgage Association 3.5% (7.5%), Fnma Pass-Thru I 3.5% (7.3%), Federal National Mortgage Association 3% (5.2%), Us 5yr Note Dec22 Xcbt 20221230 (5.1%).
What is the FSEC expense ratio?
0.35% a year: about $35.00 for every $10,000 invested.
What is the FSEC dividend yield?
4.76%. ATLAS does not hold the exact distribution dates for ETFs.
Will FSEC go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 64%, with a likely range (50%) of $42.56 to $43.47 from $42.77 today. It is a probability, not a prediction.
How has FSEC performed?
Year to date -2.3%, one year -1.2%, three years +5.2% a year, five years -0.2% a year. Past returns do not guarantee future results.
Similar ETFs: Corporate bonds
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Educational information, not investment advice. Disclaimer