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FCOR - Fidelity Corporate Bond ETF

Fidelity Corporate Bond ETF logo Fidelity Corporate Bond ETF (FCOR) is an exchange-traded fund that seeks to provide investment results that correspond to the performance of the Bloomberg Barclays U.S. Corporate Bond Index. The fund invests at least 80% of its assets in securities included in the index. The Bloomberg Barclays U.S. Corporate Bond Index is a broad-based, market-value-weighted index that measures the investment-grade, fixed-rate, taxable corporate bond market in the United States.

FCOR provides investors with exposure to the corporate bond market, which can provide diversification benefits and potentially higher yields than U.S. Treasuries. The fund's expense ratio is relatively low compared to other corporate bond ETFs, making it an attractive option for cost-conscious investors. FCOR is managed by Fidelity, one of the largest asset managers in the world.

It's important to note that as with any investment, FCOR comes with certain risks. Corporate bonds are subject to credit risk, which is the risk that the issuer will default on its debt payments. FCOR also has interest rate risk, meaning that its value may decline as interest rates rise. Additionally, as an ETF, FCOR may be subject to tracking error, which is the difference between the performance of the ETF and the performance of the underlying index. Investors should carefully consider these risks before investing in FCOR or any other investment product.




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