Fidelity Tactical Bond ETF (FTBD) belongs to the Nontraditional Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FTBD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FTBD
FTBD charges 0.55% annually. There are 5 ETFs in the Nontraditional Bonds category with lower expense ratios, going as low as 0.23%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 0.23% | 127.68M | Dec 2013 | FTBD vs AGZD | |
| DoubleLine Asset-Backed Securities ETF | 0.40% | 146.87M | Feb 2025 | FTBD vs DABS | |
| JPMorgan Flexible Debt ETF | 0.45% | 1.42B | Sep 2025 | FTBD vs JFLX | |
| Simplify Interest Rate Hedge ETF | 0.50% | 171.92M | May 2021 | FTBD vs PFIX | |
| Simplify Bond Bull ETF | 0.50% | 46.62M | Dec 2024 | FTBD vs RFIX |
Best Risk-Adjusted Alternatives to FTBD
FTBD has a PortfoliosLab risk / return rank of 38. There are 11 ETFs in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Brookmont Catastrophic Bond ETF | 98 | 16.11M | Mar 2025 | FTBD vs ILS | |
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 89 | 127.68M | Dec 2013 | FTBD vs AGZD | |
| Simplify Kayne Anderson Energy and Infrastructure ... | 89 | 151.10M | May 2025 | FTBD vs KNRG | |
| DoubleLine Asset-Backed Securities ETF | 87 | 146.87M | Feb 2025 | FTBD vs DABS | |
| NEOS Enhanced Income Credit Select ETF | 83 | 218.56M | Sep 2024 | FTBD vs HYBI |
Top Performing FTBD Alternatives (YTD)
FTBD is at 0.53% YTD. There are 14 ETFs in the Nontraditional Bonds category with higher YTD returns, going as high as 7.38%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Interest Rate Hedge ETF | 7.38% | 171.92M | May 2021 | FTBD vs PFIX | |
| Simplify Bond Bull ETF | 4.73% | 46.62M | Dec 2024 | FTBD vs RFIX | |
| FolioBeyond Alternative Income and Interest Rate H... | 4.67% | 180.75M | Sep 2021 | FTBD vs RISR | |
| Return Stacked Bonds & Managed Futures ETF | 4.41% | 138.83M | Feb 2023 | FTBD vs RSBT | |
| Brookmont Catastrophic Bond ETF | 3.44% | 16.11M | Mar 2025 | FTBD vs ILS |
Lowest Volatility Alternatives to FTBD
FTBD has 4.28% 1-year volatility. There are 12 ETFs in the Nontraditional Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vest 2 Year Interest Rate Hedge ETF | 0.00% | — | Jan 2024 | FTBD vs HYKE | |
| DoubleLine Asset-Backed Securities ETF | 2.42% | 146.87M | Feb 2025 | FTBD vs DABS | |
| Brookmont Catastrophic Bond ETF | 2.46% | 16.11M | Mar 2025 | FTBD vs ILS | |
| JPMorgan Flexible Debt ETF | 2.59% | 1.42B | Sep 2025 | FTBD vs JFLX | |
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 2.68% | 127.68M | Dec 2013 | FTBD vs AGZD |
Lowest Drawdown Alternatives to FTBD
FTBD has a 1-year max drawdown of -2.98%. There are 10 ETFs in the Nontraditional Bonds category with shallower 1-year drawdowns, going as shallow as -0.55%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Brookmont Catastrophic Bond ETF | -0.55% | 16.11M | Mar 2025 | FTBD vs ILS | |
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | -0.73% | 127.68M | Dec 2013 | FTBD vs AGZD | |
| DoubleLine Asset-Backed Securities ETF | -1.29% | 146.87M | Feb 2025 | FTBD vs DABS | |
| NEOS Enhanced Income Credit Select ETF | -1.43% | 218.56M | Sep 2024 | FTBD vs HYBI | |
| Nicholas Fixed Income Alternative ETF | -2.40% | 130.55M | Nov 2022 | FTBD vs FIAX |
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 | 55 | 20.90% | 20.96B | Oct 2013 | FTBD vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 79 | 12.59% | 9.74B | Sep 2016 | FTBD vs FDVV | |
| Fidelity Wise Origin Bitcoin Fund | Cryptocurrency | 2 | -26.07% | 10.22B | Jan 2024 | FTBD vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond | 35 | -0.06% | 26.62B | Oct 2014 | FTBD vs FBND | |
| Fidelity Nasdaq Composite Index ETF | Large Cap Growth Equities | 47 | 8.79% | 10.69B | Sep 2003 | FTBD vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities | 36 | 7.77% | 6.97B | Jun 2020 | FTBD vs FBCG | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Blend Equities | 75 | 11.20% | 7.88B | Apr 2007 | FTBD vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 24 | 5.52% | 2.35B | Oct 2013 | FTBD vs FUTY | |
| Fidelity Ethereum Fund | Cryptocurrency | 4 | -35.33% | 750.93M | Jul 2024 | FTBD vs FETH | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 26 | 1.28% | 5.65B | Nov 2023 | FTBD vs FELG |
Often Compared With FTBD
Investors most often compare FTBD with PIMIX, FIGB, PYLD. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare FTBD with Any Fund or Stock
Compare FTBD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FTBD with funds that move differently
Fidelity Tactical Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FTBD.
Explore FTBD Diversifiers