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FDHY vs FTBD

Fidelity Enhanced High Yield ETF vs Fidelity Tactical Bond ETF

FDHY

Fidelity Enhanced High Yield ETF

Fidelity Investments

Annual cost

0.35%

Fund size

$497M

FTBD

Fidelity Tactical Bond ETF

Fidelity Investments

Annual cost

0.55%

Fund size

$37M

Key differences

  • FDHY costs 0.20% less per year.
  • FDHY is significantly larger than FTBD — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FDHY has delivered higher annualized returns.
  • FDHY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FDHYFTBD
Annual cost (TER)0.35%0.55%
Fund size (AUM)$497M$37M
Since20182023
Dividend yield6.54%5.05%
Asset classfixed incomefixed income
Regionglobal
Strategyindex trackingindex tracking
CAGR 1Y+9.3%+7.3%
CAGR 3Y+8.9%+5.2%
CAGR 5Y+4.0%N/A
Sharpe 3Y1.010.30
Volatility 1Y3.76%4.37%
Max drawdown-20.01%-6.98%

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

Similar to FDHY and FTBD