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FBND vs. BOND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FBND and BOND is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.0

Performance

FBND vs. BOND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Total Bond ETF (FBND) and PIMCO Active Bond ETF (BOND). The values are adjusted to include any dividend payments, if applicable.

20.00%22.00%24.00%26.00%28.00%NovemberDecember2025FebruaryMarchApril
26.95%
23.42%
FBND
BOND

Key characteristics

Sharpe Ratio

FBND:

1.32

BOND:

1.29

Sortino Ratio

FBND:

1.92

BOND:

1.89

Omega Ratio

FBND:

1.23

BOND:

1.23

Calmar Ratio

FBND:

0.69

BOND:

0.61

Martin Ratio

FBND:

3.81

BOND:

3.67

Ulcer Index

FBND:

1.88%

BOND:

1.96%

Daily Std Dev

FBND:

5.42%

BOND:

5.61%

Max Drawdown

FBND:

-17.25%

BOND:

-19.71%

Current Drawdown

FBND:

-3.54%

BOND:

-5.12%

Returns By Period

The year-to-date returns for both investments are quite close, with FBND having a 2.10% return and BOND slightly higher at 2.13%. Over the past 10 years, FBND has outperformed BOND with an annualized return of 2.11%, while BOND has yielded a comparatively lower 1.72% annualized return.


FBND

YTD

2.10%

1M

-0.21%

6M

1.24%

1Y

7.22%

5Y*

0.56%

10Y*

2.11%

BOND

YTD

2.13%

1M

-0.51%

6M

1.33%

1Y

7.24%

5Y*

0.09%

10Y*

1.72%

*Annualized

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FBND vs. BOND - Expense Ratio Comparison

FBND has a 0.36% expense ratio, which is lower than BOND's 0.57% expense ratio.


Expense ratio chart for BOND: current value is 0.57%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BOND: 0.57%
Expense ratio chart for FBND: current value is 0.36%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FBND: 0.36%

Risk-Adjusted Performance

FBND vs. BOND — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FBND
The Risk-Adjusted Performance Rank of FBND is 8383
Overall Rank
The Sharpe Ratio Rank of FBND is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of FBND is 8888
Sortino Ratio Rank
The Omega Ratio Rank of FBND is 8585
Omega Ratio Rank
The Calmar Ratio Rank of FBND is 7575
Calmar Ratio Rank
The Martin Ratio Rank of FBND is 7979
Martin Ratio Rank

BOND
The Risk-Adjusted Performance Rank of BOND is 8282
Overall Rank
The Sharpe Ratio Rank of BOND is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of BOND is 8888
Sortino Ratio Rank
The Omega Ratio Rank of BOND is 8585
Omega Ratio Rank
The Calmar Ratio Rank of BOND is 7171
Calmar Ratio Rank
The Martin Ratio Rank of BOND is 7979
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FBND vs. BOND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Total Bond ETF (FBND) and PIMCO Active Bond ETF (BOND). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The chart of Sharpe ratio for FBND, currently valued at 1.32, compared to the broader market-1.000.001.002.003.004.00
FBND: 1.32
BOND: 1.29
The chart of Sortino ratio for FBND, currently valued at 1.92, compared to the broader market-2.000.002.004.006.008.00
FBND: 1.92
BOND: 1.89
The chart of Omega ratio for FBND, currently valued at 1.23, compared to the broader market0.501.001.502.00
FBND: 1.23
BOND: 1.23
The chart of Calmar ratio for FBND, currently valued at 0.69, compared to the broader market0.002.004.006.008.0010.0012.00
FBND: 0.69
BOND: 0.61
The chart of Martin ratio for FBND, currently valued at 3.81, compared to the broader market0.0020.0040.0060.00
FBND: 3.81
BOND: 3.67

The current FBND Sharpe Ratio is 1.32, which is comparable to the BOND Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of FBND and BOND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00NovemberDecember2025FebruaryMarchApril
1.32
1.29
FBND
BOND

Dividends

FBND vs. BOND - Dividend Comparison

FBND's dividend yield for the trailing twelve months is around 4.63%, less than BOND's 5.06% yield.


TTM20242023202220212020201920182017201620152014
FBND
Fidelity Total Bond ETF
4.63%4.73%4.26%3.07%1.86%4.25%2.90%2.93%2.56%2.84%3.26%0.66%
BOND
PIMCO Active Bond ETF
5.06%5.02%4.78%3.44%2.58%2.66%3.38%3.47%2.87%2.85%4.14%4.13%

Drawdowns

FBND vs. BOND - Drawdown Comparison

The maximum FBND drawdown since its inception was -17.25%, smaller than the maximum BOND drawdown of -19.71%. Use the drawdown chart below to compare losses from any high point for FBND and BOND. For additional features, visit the drawdowns tool.


-8.00%-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%NovemberDecember2025FebruaryMarchApril
-3.54%
-5.12%
FBND
BOND

Volatility

FBND vs. BOND - Volatility Comparison

The current volatility for Fidelity Total Bond ETF (FBND) is 2.32%, while PIMCO Active Bond ETF (BOND) has a volatility of 2.58%. This indicates that FBND experiences smaller price fluctuations and is considered to be less risky than BOND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%NovemberDecember2025FebruaryMarchApril
2.32%
2.58%
FBND
BOND