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FTBD vs GTO

Fidelity Tactical Bond ETF vs Invesco Total Return Bond ETF

FTBD

Fidelity Tactical Bond ETF

Annual cost

0.55%

Fund size

$37M

GTO

Invesco Total Return Bond ETF

Annual cost

0.35%

Fund size

$2.3B

Key differences

Both FTBD and GTO are fixed income ETFs. FTBD charges 0.55% a year and GTO 0.35%. The main difference: FTBD follows a index tracking strategy; GTO uses active selection.

  • FTBD follows a index tracking strategy; GTO uses active selection.
  • FTBD covers global markets; GTO covers North America.
  • GTO costs 0.20% less per year.
  • GTO is much larger than FTBD. Larger funds are usually more liquid and less likely to close.
  • GTO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTBDGTO
Annual cost (TER)0.55%0.35%
Fund size (AUM)$37M$2.3B
Since20232016
Dividend yield5.03%4.75%
Asset classfixed incomefixed income
Regionglobalnorth america
Strategyindex trackingactive selection
CAGR 1Y+6.1%+6.0%
CAGR 3Y+5.4%+5.0%
CAGR 5YN/A+0.1%
Sharpe 3Y0.320.30
Volatility 1Y4.30%3.41%
Max drawdown-6.98%-20.75%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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