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FLTB vs FCLO

Fidelity Limited Term Bond ETF vs Fidelity CLO ETF

FLTB

Fidelity Limited Term Bond ETF

Fidelity Investments

Annual cost

0.25%

Fund size

$389M

FCLO

Fidelity CLO ETF

Fidelity Investments

Annual cost

0.00%

Fund size

$25M

Key differences

  • FCLO costs 0.25% less per year.
  • FLTB is significantly larger than FCLO — larger funds tend to be more liquid and less likely to close.
  • FLTB follows a index tracking strategy; FCLO uses multi strategy.
  • FLTB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FLTBFCLO
Annual cost (TER)0.25%0.00%
Fund size (AUM)$389M$25M
Since20142026
Dividend yield4.36%
Asset classfixed incomefixed income
Regionnorth america
Strategyindex trackingmulti strategy
CAGR 1Y+4.7%N/A
CAGR 3Y+5.3%N/A
CAGR 5Y+2.2%N/A
Sharpe 3Y0.67N/A
Volatility 1Y2.14%
Max drawdown-9.37%-0.58%

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

Similar to FLTB and FCLO