FBND vs. FIGB
Compare and contrast key facts about Fidelity Total Bond ETF (FBND) and Fidelity Investment Grade Bond ETF (FIGB).
FBND and FIGB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FBND is an actively managed fund by Fidelity. It was launched on Oct 6, 2014. FIGB is an actively managed fund by Fidelity. It was launched on Mar 2, 2021.
Performance
FBND vs. FIGB - Performance Comparison
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FBND vs. FIGB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FBND Fidelity Total Bond ETF | 0.14% | 7.57% | 2.13% | 6.81% | -12.54% | 2.27% |
FIGB Fidelity Investment Grade Bond ETF | 0.03% | 6.95% | 1.51% | 6.65% | -13.43% | 1.77% |
Returns By Period
In the year-to-date period, FBND achieves a 0.14% return, which is significantly higher than FIGB's 0.03% return.
FBND
- 1D
- 0.31%
- 1M
- -1.78%
- YTD
- 0.14%
- 6M
- 1.01%
- 1Y
- 4.73%
- 3Y*
- 4.42%
- 5Y*
- 1.01%
- 10Y*
- 2.79%
FIGB
- 1D
- 0.28%
- 1M
- -1.71%
- YTD
- 0.03%
- 6M
- 0.95%
- 1Y
- 4.28%
- 3Y*
- 3.84%
- 5Y*
- 0.45%
- 10Y*
- —
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FBND vs. FIGB - Expense Ratio Comparison
Both FBND and FIGB have an expense ratio of 0.36%.
Return for Risk
FBND vs. FIGB — Risk / Return Rank
FBND
FIGB
FBND vs. FIGB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Total Bond ETF (FBND) and Fidelity Investment Grade Bond ETF (FIGB). 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.
| FBND | FIGB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.07 | 0.84 | +0.24 |
Sortino ratioReturn per unit of downside risk | 1.50 | 1.19 | +0.31 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.15 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.82 | 1.35 | +0.47 |
Martin ratioReturn relative to average drawdown | 5.71 | 4.12 | +1.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FBND | FIGB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 0.84 | +0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.07 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.06 | +0.38 |
Correlation
The correlation between FBND and FIGB is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FBND vs. FIGB - Dividend Comparison
FBND's dividend yield for the trailing twelve months is around 4.73%, more than FIGB's 4.12% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBND Fidelity Total Bond ETF | 4.73% | 4.70% | 4.73% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% |
FIGB Fidelity Investment Grade Bond ETF | 4.12% | 4.15% | 4.28% | 3.79% | 2.44% | 1.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FBND vs. FIGB - Drawdown Comparison
The maximum FBND drawdown since its inception was -17.25%, roughly equal to the maximum FIGB drawdown of -18.08%. Use the drawdown chart below to compare losses from any high point for FBND and FIGB.
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Drawdown Indicators
| FBND | FIGB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.25% | -18.08% | +0.83% |
Max Drawdown (1Y)Largest decline over 1 year | -2.79% | -3.46% | +0.67% |
Max Drawdown (5Y)Largest decline over 5 years | -17.25% | -18.08% | +0.83% |
Max Drawdown (10Y)Largest decline over 10 years | -17.25% | — | — |
Current DrawdownCurrent decline from peak | -1.78% | -1.71% | -0.07% |
Average DrawdownAverage peak-to-trough decline | -3.38% | -7.11% | +3.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 1.13% | -0.24% |
Volatility
FBND vs. FIGB - Volatility Comparison
Fidelity Total Bond ETF (FBND) and Fidelity Investment Grade Bond ETF (FIGB) have volatilities of 1.66% and 1.71%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FBND | FIGB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.66% | 1.71% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 2.62% | 2.70% | -0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.45% | 5.16% | -0.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.90% | 6.25% | -0.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.09% | 6.22% | -0.13% |