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FLTB vs HYBX

Fidelity Limited Term Bond ETF vs TCW High Yield Bond ETF

FLTB

Fidelity Limited Term Bond ETF

Fidelity Investments

Annual cost

0.25%

Fund size

$389M

HYBX

TCW High Yield Bond ETF

TCW

Annual cost

0.50%

Fund size

$33M

Key differences

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

Side-by-side comparison

FLTBHYBX
Annual cost (TER)0.25%0.50%
Fund size (AUM)$389M$33M
Since20141993
Dividend yield4.36%7.49%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+4.9%+7.0%
CAGR 3Y+5.5%N/A
CAGR 5Y+2.3%N/A
Sharpe 3Y0.77N/A
Volatility 1Y2.14%6.70%
Max drawdown-9.37%-3.93%

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

Similar to FLTB and HYBX