FTBD Performance — Fidelity Tactical Bond ETF
Data updated: 2026-07-24
FTBD returned +1.28% year to date and +6.55% over one year to May 2026. The annualised 3-year return is +5.26%. The fund beat its Intermediate Core Bond category average: $100 invested three years ago grew to $117, against $115 for the category, and to $107 over one year, against $105. Volatility over the past three years was 5.85% a year. In the 12 months to May 2026 the fund took in a net $10.0M, and assets reached $36.89M.
FTBD Growth of $100
What $100 invested in Fidelity Tactical Bond ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Core Bond category average over the same months.
| Period | FTBD | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $107 | $105 |
| 3 years (Jun 2023 – May 2026) | $117 | $115 |
| Since data start (Feb 2023 – May 2026) | $116 | $114 |
FTBD Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.28% |
| 1 year | +6.55% |
| 3 years (annualised) | +5.26% |
FTBD Annual Returns
Calendar-year total returns of Fidelity Tactical Bond ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.28% |
| 2025 | +8.37% |
| 2024 | +1.65% |
| 2023 (Feb–Dec) | +3.78% |
FTBD Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.4% | +1.8% | −1.9% | +0.7% | +0.4% | — | — | — | — | — | — | — |
| 2025 | +0.9% | +2.2% | −0.3% | +0.3% | −0.1% | +1.8% | 0.0% | +1.3% | +1.3% | +0.5% | +0.5% | −0.3% |
| 2024 | −0.2% | −0.9% | +1.0% | −2.5% | +1.7% | +0.8% | +2.4% | +1.4% | +1.4% | −2.4% | +1.1% | −2.0% |
| 2023 | — | −2.1% | +2.1% | +0.6% | −1.2% | +0.3% | +0.4% | −0.9% | −2.8% | −1.7% | +5.1% | +4.2% |
FTBD Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 5.85%
- 3-year Sharpe ratio: 0.13 (vs 4.5% risk-free rate)
- Best month: +5.06% (Nov 2023)
- Worst month: −2.76% (Sep 2023)
FTBD Fund Flows
Monthly money in and out of Fidelity Tactical Bond ETF, from SEC Form N-PORT.
- 12-month net flow: $10.0M
- 12-month gross sales (incl. reinvestments): $15.0M
- Sales ÷ redemptions: 3.01×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $0 | $0 | $0 |
| Apr 2026 | $0 | $0 | $0 |
| Mar 2026 | $0 | $0 | $0 |
| Feb 2026 | $2.5M | $0 | $2.5M |
| Jan 2026 | $2.5M | $0 | $2.5M |
| Dec 2025 | $0 | $5.0M | −$5.0M |
| Nov 2025 | $7.5M | $0 | $7.5M |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $2.5M | $0 | $2.5M |
| Aug 2025 | $0 | $0 | $0 |
| Jul 2025 | $0 | $0 | $0 |
| Jun 2025 | $0 | $0 | $0 |
FTBD Assets Under Management
Net assets of Fidelity Tactical Bond ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $36.89M |
| 2026-02-28 | $37.67M |
| 2025-11-30 | $37.53M |
| 2025-08-31 | $27.17M |
| 2025-05-31 | $26.68M |
| 2025-02-28 | $29.48M |
| 2024-11-30 | $32.03M |
| 2024-08-31 | $24.85M |
| 2024-05-31 | $14.42M |
| 2024-02-29 | $14.58M |
| 2023-11-30 | $14.36M |
| 2023-08-31 | $14.47M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.