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FBND vs FTBD

Fidelity Total Bond ETF vs Fidelity Tactical Bond ETF

FBND

Fidelity Total Bond ETF

Fidelity Investments

Annual cost

0.36%

Fund size

$25.6B

FTBD

Fidelity Tactical Bond ETF

Fidelity Investments

Annual cost

0.55%

Fund size

$37M

Key differences

  • FBND costs 0.19% less per year.
  • FBND is significantly larger than FTBD — larger funds tend to be more liquid and less likely to close.
  • FBND has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FBNDFTBD
Annual cost (TER)0.36%0.55%
Fund size (AUM)$25.6B$37M
Since20142023
Dividend yield4.70%5.05%
Asset classfixed incomefixed income
Regionglobalglobal
Strategyindex trackingindex tracking
CAGR 1Y+6.1%+7.0%
CAGR 3Y+4.5%+5.0%
CAGR 5Y+0.9%N/A
Sharpe 3Y0.190.26
Volatility 1Y3.90%4.36%
Max drawdown-17.25%-6.98%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FBND and FTBD