FYI: Today, Fidelity Investments rolled out two ETFs targeting fixed-income factors. The Fidelity Low Duration Bond Factor ETF (FLDR) tracks an in-house index, while the Fidelity High Yield Factor ETF (FDHY) is actively managed using a quantitative approach.
FLDR has an expense ratio of 0.15% and lists on the Cboe BZX Exchange, which is owned by ETF.com’s parent company Cboe Global Markets. FDHY comes with an expense ratio of 0.45% and lists on the NYSE Arca.
Regards,
Ted
http://www.etf.com/sections/daily-etf-watch/2-bond-factor-etfs-unveiled
