FSEC vs SECR
Fidelity Investment Grade Securitized ETF compared with NYLI MacKay Securitized Income ETF on yield, payout growth, payment schedule, cost and risk.
FSEC
Fidelity Investment Grade Securitized ETF
TTM yield · Monthly
SECR
NYLI MacKay Securitized Income ETF
TTM yield · Monthly
Quick take
- SECR yields more today: 5.20% vs 3.82% (forward).
- Both pay every month.
- Over the last year FSEC delivered the higher total return: +3.4% vs +0.0% (price change plus payouts).
- SECR is cheaper to own: 0.28% vs 0.36% expense ratio.
- SECR has the steadier distribution: consistency 86/100 vs 48/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FSEC | SECR |
|---|---|---|
| Share price | $43.22 | $24.90 |
| TTM yield | 4.49% | 4.90% |
| Forward yield | 3.82% | 5.20% |
| Annual payout per share | $1.6515 | $1.296 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Sep 27, 2026 (est.) | Oct 1, 2026 (est.) |
| Expense ratio | 0.36% | 0.28% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 48/100 | 86/100 |
| 1-year total return | +3.4% | +0.0% |
| 1-year price return | -1.1% | -4.7% |
| Size (market cap / AUM) | 4.6B | 165.3M |
| Years paying | 5.4 | 2.1 |
| Sector / category | Securitized Bond - Diversified | Securitized Bond - Diversified |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| FSEC | SECR | |
|---|---|---|
| Shares | 231.4 | 401.6 |
| Income per year | $382 | $520 |
| Income per month (avg) | $32 | $43 |
At forward yields, before taxes. Model FSEC · Model SECR
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FSEC Sep 27, 2026 | Oct 11, 2026 | $0.1376 | Est. |
| FSEC Oct 27, 2026 | Nov 10, 2026 | $0.1376 | Est. |
| FSEC Nov 26, 2026 | Dec 10, 2026 | $0.1376 | Est. |
| SECR Oct 1, 2026 | Oct 15, 2026 | $0.108 | Est. |
| SECR Nov 1, 2026 | Nov 15, 2026 | $0.108 | Est. |
| SECR Dec 2, 2026 | Dec 16, 2026 | $0.108 | Est. |
Annual payouts per share
FSECSECR
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, FSEC or SECR?
SECR currently has the higher trailing yield: FSEC yields 4.49% and SECR yields 4.90%. Yield changes daily with price, so check the live figures above.
How often do FSEC and SECR pay?
FSEC pays every month and SECR pays every month. FSEC's next ex-date is Sep 27, 2026 and SECR's is Oct 1, 2026.
Is FSEC or SECR better for income?
It depends on what you are optimising for. FSEC and SECR differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.