Fidelity Low Duration Bond ETF (FLDB) belongs to the Short-Term Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FLDB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FLDB
FLDB charges 0.20% annually. There are 29 ETFs in the Short-Term Bond category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Bond Index Fund ETF Shares | 0.03% | 70.40B | Apr 2007 | FLDB vs BSV | |
| Vanguard Short-Term Treasury ETF | 0.03% | 33.90B | Nov 2009 | FLDB vs VGSH | |
| SPDR Portfolio Short Term Treasury ETF | 0.03% | 6.07B | Nov 2011 | FLDB vs SPTS | |
| Schwab Short-Term U.S. Treasury ETF | 0.03% | 12.67B | Aug 2010 | FLDB vs SCHO | |
| JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ... | 0.04% | 55.13M | Apr 2023 | FLDB vs BBSB |
Best Risk-Adjusted Alternatives to FLDB
FLDB has a PortfoliosLab risk / return rank of 98. There are 2 ETFs in the Short-Term Bond category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street My2026 Corporate Bond ETF | 99 | 46.25M | Sep 2024 | FLDB vs MYCF | |
| Fidelity Low Duration Bond Factor ETF | 98 | 1.91B | Jun 2018 | FLDB vs FLDR | |
| State Street My2027 Corporate Bond ETF | 98 | 36.12M | Sep 2024 | FLDB vs MYCG | |
| DoubleLine Commercial Real Estate ETF | 97 | 452.76M | Mar 2023 | FLDB vs DCRE | |
| VictoryShares Short-Term Bond ETF | 96 | 2.24B | Oct 2017 | FLDB vs USTB |
Top Performing FLDB Alternatives (YTD)
FLDB is at 1.69% YTD. There are 6 ETFs in the Short-Term Bond category with higher YTD returns, going as high as 2.22%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| AAM SLC Low Duration Income ETF | 2.22% | 77.26M | Dec 2024 | FLDB vs LODI | |
| Defined Duration 5 ETF | 2.14% | — | Nov 2025 | FLDB vs DDV | |
| SanJac Alpha Low Duration ETF | 2.12% | 1.52M | Sep 2024 | FLDB vs SJLD | |
| State Street My2026 Corporate Bond ETF | 2.04% | 46.25M | Sep 2024 | FLDB vs MYCF | |
| Fidelity Low Duration Bond Factor ETF | 1.79% | 1.91B | Jun 2018 | FLDB vs FLDR |
Lowest Volatility Alternatives to FLDB
FLDB has 0.91% 1-year volatility. There are 2 ETFs in the Short-Term Bond category with lower 1-year volatility, going as low as 0.60%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| State Street My2026 Corporate Bond ETF | 0.60% | 46.25M | Sep 2024 | FLDB vs MYCF | |
| Fidelity Low Duration Bond Factor ETF | 0.80% | 1.91B | Jun 2018 | FLDB vs FLDR | |
| State Street My2027 Corporate Bond ETF | 0.95% | 36.12M | Sep 2024 | FLDB vs MYCG | |
| Northern Trust Short-Term Tax-Exempt Bond ETF | 0.98% | 126.55M | Aug 2025 | FLDB vs TAXS | |
| iShares Short-Term National Muni Bond ETF | 1.03% | 11.36B | Nov 2008 | FLDB vs SUB |
Lowest Drawdown Alternatives to FLDB
FLDB has a 1-year max drawdown of -0.17%. There is 1 ETF in the Short-Term Bond category with a shallower 1-year drawdown, going as shallow as -0.12%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| State Street My2026 Corporate Bond ETF | -0.12% | 46.25M | Sep 2024 | FLDB vs MYCF | |
| State Street My2027 Corporate Bond ETF | -0.45% | 36.12M | Sep 2024 | FLDB vs MYCG | |
| Fidelity Low Duration Bond Factor ETF | -0.47% | 1.91B | Jun 2018 | FLDB vs FLDR | |
| DoubleLine Commercial Real Estate ETF | -0.68% | 452.76M | Mar 2023 | FLDB vs DCRE | |
| AAM SLC Low Duration Income ETF | -0.75% | 77.26M | Dec 2024 | FLDB vs LODI |
Other ETFs from Fidelity
The 10 most viewed Fidelity ETFs shown here include FTEC, FDVV, FBTC and span 7 categories. AUM among these funds goes as high as $27B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 58 | 23.14% | 20.96B | Oct 2013 | FLDB vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 71 | 11.08% | 9.74B | Sep 2016 | FLDB vs FDVV | |
| Fidelity Wise Origin Bitcoin Fund | Cryptocurrency | 1 | -28.99% | 10.22B | Jan 2024 | FLDB vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond | 36 | 0.12% | 26.62B | Oct 2014 | FLDB vs FBND | |
| Fidelity Nasdaq Composite Index ETF | Large Cap Growth Equities | 55 | 12.20% | 10.69B | Sep 2003 | FLDB vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities | 44 | 11.18% | 6.97B | Jun 2020 | FLDB vs FBCG | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Blend Equities | 72 | 11.33% | 7.88B | Apr 2007 | FLDB vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 32 | 8.15% | 2.35B | Oct 2013 | FLDB vs FUTY | |
| Fidelity Ethereum Fund | Cryptocurrency | 5 | -40.36% | 750.93M | Jul 2024 | FLDB vs FETH | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 32 | 4.30% | 5.65B | Nov 2023 | FLDB vs FELG |
Often Compared With FLDB
Investors most often compare FLDB with SGOV, MINT, FBNDX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare FLDB with Any Fund or Stock
Compare FLDB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FLDB with funds that move differently
Fidelity Low Duration Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FLDB.
Explore FLDB Diversifiers