FSEC — Fidelity Investment Grade Securitized ETF
Data updated: 2026-07-24
FSEC — Fidelity Investment Grade Securitized ETF data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Securitized (MBS/ABS/CMBS) Bond · $4.46B AUM · 0.36% expense ratio · 6.8% 1-yr return. From SEC regulatory filings.
FSEC Fund Overview
FSEC — Fidelity Investment Grade Securitized ETF is a US ETF managed by Fidelity Merrimack Street Trust, categorised as Long Securitized (MBS/ABS/CMBS) Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Fidelity Merrimack Street Trust
- Category: Long Securitized (MBS/ABS/CMBS) Bond
- Assets under management: $4.46B
- 1-year return: 6.8%
- Ticker: FSEC
- SEC CIK: 0001562565
- SEC series ID: S000071132
- Share class ID: C000225827
FSEC Holdings
Top 10 holdings of Fidelity Investment Grade Securitized ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Gnma Ii Gtd Pass Thru Ctf Multiple Issuer | 4.64% |
| Fnma/fhlg Tba Issuer | 3.68% |
| Fidelity Revere Street Trust | 3.52% |
| Gnma Ii Gtd Pass Thru Ctf Multiple Issuer | 3.04% |
| Gnma Ii Gtd Pass Thru Ctf Multiple Issuer | 2.90% |
| Gnma Ii Gtd Pass Thru Ctf Multiple Issuer | 2.69% |
| Fnma/fhlg Tba Issuer | 2.52% |
| Gnma Ii Gtd Pass Thru Ctf Multiple Issuer | 2.32% |
| Gnma Ii Gtd Pass Thru Ctf Multiple Issuer | 1.99% |
| Fed Home Loan Mtg Corp. - Gold | 1.55% |
FSEC Portfolio Allocation
Asset-class allocation of Fidelity Investment Grade Securitized ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 110.7% |
| Fixed Income | 4.0% |
| Cash & Equivalents | 3.5% |
| Real Estate | 0.3% |
FSEC Performance
Total returns for FSEC (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.1% |
| 1 year | 6.8% |
| 3 years (annualised) | 4.8% |
| 5 years (annualised) | 0.6% |
FSEC Risk Information
Risk metrics for FSEC, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.2%
FSEC Costs and Fees
FSEC costs about $36 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.36%
- Gross expense ratio: 0.36%
- Portfolio turnover: 967%
- Brokerage commissions: 0.31 bps of average net assets (SEC N-CEN)
FSEC Cashflows
Over the 12 months to 2026-02, Fidelity Investment Grade Securitized ETF had net inflows of $2.15B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $43.42M |
| 2026-01 | $63.09M |
| 2025-12 | $36.68M |
| 2025-11 | $38.91M |
| 2025-10 | $56.93M |
| 2025-09 | $29.87M |
FSEC Debt Constituents
Largest debt holdings of Fidelity Investment Grade Securitized ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Ust Notes | 0.90% |
| United States Treasury Bond | 0.75% |
| Ust Notes | 0.60% |
| Ust Notes | 0.46% |
| United States Treasury Bond | 0.31% |
| Ust Notes | 0.22% |
| United States Treasury Bond | 0.21% |
| Ust Notes | 0.18% |
| United States Treasury Bond | 0.12% |
| United States Treasury Bond | 0.09% |
FSEC Prospectus and SEC Filings
Official Fidelity Investment Grade Securitized ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Securitized (MBS/ABS/CMBS) Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.