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HYBX vs FBND

TCW High Yield Bond ETF vs Fidelity Total Bond ETF

HYBX

TCW High Yield Bond ETF

TCW

Annual cost

0.50%

Fund size

$33M

FBND

Fidelity Total Bond ETF

Fidelity Investments

Annual cost

0.36%

Fund size

$25.6B

Key differences

  • FBND costs 0.14% less per year.
  • FBND is significantly larger than HYBX — larger funds tend to be more liquid and less likely to close.
  • HYBX covers north america markets; FBND covers global.
  • HYBX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYBXFBND
Annual cost (TER)0.50%0.36%
Fund size (AUM)$33M$25.6B
Since19932014
Dividend yield7.49%4.70%
Asset classfixed incomefixed income
Regionnorth americaglobal
Strategyindex trackingindex tracking
CAGR 1Y+7.0%+6.1%
CAGR 3YN/A+4.5%
CAGR 5YN/A+0.9%
Sharpe 3YN/A0.19
Volatility 1Y6.71%3.90%
Max drawdown-3.93%-17.25%

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

Similar to HYBX and FBND