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FBND vs HYBX

Fidelity Total Bond ETF vs TCW High Yield Bond ETF

FBND

Fidelity Total Bond ETF

Fidelity Investments

Annual cost

0.36%

Fund size

$25.6B

HYBX

TCW High Yield Bond ETF

TCW

Annual cost

0.50%

Fund size

$33M

Key differences

  • FBND costs 0.14% less per year.
  • FBND is significantly larger than HYBX — larger funds tend to be more liquid and less likely to close.
  • FBND covers global markets; HYBX covers north america.
  • HYBX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FBNDHYBX
Annual cost (TER)0.36%0.50%
Fund size (AUM)$25.6B$33M
Since20141993
Dividend yield4.70%7.49%
Asset classfixed incomefixed income
Regionglobalnorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.1%+7.0%
CAGR 3Y+4.5%N/A
CAGR 5Y+0.9%N/A
Sharpe 3Y0.19N/A
Volatility 1Y3.90%6.71%
Max drawdown-17.25%-3.93%

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

Similar to FBND and HYBX