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FTBD vs FLTB

Fidelity Tactical Bond ETF vs Fidelity Limited Term Bond ETF

FTBD

Fidelity Tactical Bond ETF

Fidelity Investments

Annual cost

0.55%

Fund size

$37M

FLTB

Fidelity Limited Term Bond ETF

Fidelity Investments

Annual cost

0.25%

Fund size

$389M

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.
  • FTBD covers global markets; FLTB covers north america.
  • FLTB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTBDFLTB
Annual cost (TER)0.55%0.25%
Fund size (AUM)$37M$389M
Since20232014
Dividend yield5.05%4.36%
Asset classfixed incomefixed income
Regionglobalnorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.0%+4.7%
CAGR 3Y+5.0%+5.3%
CAGR 5YN/A+2.2%
Sharpe 3Y0.260.67
Volatility 1Y4.36%2.14%
Max drawdown-6.98%-9.37%

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

Similar to FTBD and FLTB