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FMKT vs FLTB

The Free Markets ETF vs Fidelity Limited Term Bond ETF

FMKT

The Free Markets ETF

Annual cost

0.76%

Fund size

$15M

FLTB

Fidelity Limited Term Bond ETF

Annual cost

0.25%

Fund size

$389M

Key differences

  • FLTB costs 0.51% less per year.
  • FLTB is significantly larger than FMKT — larger funds tend to be more liquid and less likely to close.
  • FMKT is classified as equity, while FLTB is fixed income — different risk/return profiles.
  • FMKT follows a active selection strategy; FLTB uses index tracking.
  • FLTB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMKTFLTB
Annual cost (TER)0.76%0.25%
Fund size (AUM)$15M$389M
Since20252014
Dividend yield4.36%
Asset classequityfixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1YN/A+4.9%
CAGR 3YN/A+5.5%
CAGR 5YN/A+2.3%
Sharpe 3YN/A0.77
Volatility 1Y2.14%
Max drawdown-17.79%-9.37%

Similar to FMKT and FLTB