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FLTB vs FTBD

Fidelity Limited Term Bond ETF vs Fidelity Tactical Bond ETF

FLTB

Fidelity Limited Term Bond ETF

Fidelity Investments

Annual cost

0.25%

Fund size

$389M

FTBD

Fidelity Tactical Bond ETF

Fidelity Investments

Annual cost

0.55%

Fund size

$37M

Key differences

  • FLTB costs 0.30% less per year.
  • FLTB is significantly larger than FTBD — larger funds tend to be more liquid and less likely to close.
  • FLTB covers north america markets; FTBD covers global.
  • FLTB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FLTBFTBD
Annual cost (TER)0.25%0.55%
Fund size (AUM)$389M$37M
Since20142023
Dividend yield4.36%5.05%
Asset classfixed incomefixed income
Regionnorth americaglobal
Strategyindex trackingindex tracking
CAGR 1Y+4.7%+7.0%
CAGR 3Y+5.3%+5.0%
CAGR 5Y+2.2%N/A
Sharpe 3Y0.670.26
Volatility 1Y2.14%4.36%
Max drawdown-9.37%-6.98%

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

Similar to FLTB and FTBD