FBND vs. GLTR
FBND (Fidelity Total Bond ETF) and GLTR (abrdn Physical Precious Metals Basket Shares ETF) are both exchange-traded funds - FBND is a Intermediate Core-Plus Bond fund actively managed by Fidelity, while GLTR is a Precious Metals fund tracking the ETFS Physical Precious Metals Basket Index. FBND is actively managed, while GLTR is passively managed. Over the past 10 years, FBND returned 2.54%/yr vs 12.08%/yr for GLTR. At a 0.27 correlation, their price movements are largely independent. FBND charges 0.36%/yr vs 0.60%/yr for GLTR.
Performance
FBND vs. GLTR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FBND achieves a 0.70% return, which is significantly higher than GLTR's -4.66% return. Over the past 10 years, FBND has underperformed GLTR with an annualized return of 2.54%, while GLTR has yielded a comparatively higher 12.08% annualized return.
FBND
- 1D
- -0.13%
- 1M
- 1.07%
- YTD
- 0.70%
- 6M
- 1.04%
- 1Y
- 5.26%
- 3Y*
- 4.89%
- 5Y*
- 0.76%
- 10Y*
- 2.54%
GLTR
- 1D
- 0.30%
- 1M
- -9.08%
- YTD
- -4.66%
- 6M
- 0.76%
- 1Y
- 38.86%
- 3Y*
- 29.97%
- 5Y*
- 14.04%
- 10Y*
- 12.08%
FBND vs. GLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FBND Fidelity Total Bond ETF | 0.70% | 7.57% | 2.13% | 6.81% | -12.54% | -0.43% | 9.41% | 9.82% | -0.57% | 3.52% |
GLTR abrdn Physical Precious Metals Basket Shares ETF | -4.66% | 87.25% | 20.63% | 2.01% | -0.25% | -9.60% | 29.52% | 20.96% | -2.85% | 12.94% |
Correlation
The correlation between FBND and GLTR is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2014 | 0.27 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FBND vs. GLTR — Risk / Return Rank
FBND
GLTR
FBND vs. GLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Total Bond ETF (FBND) and abrdn Physical Precious Metals Basket Shares ETF (GLTR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FBND | GLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.22 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 1.17 | +0.65 |
| Martin ratioReturn relative to average drawdown | 5.32 | 2.88 | +2.45 |
Loading charts...
Drawdowns
FBND vs. GLTR - Drawdown Comparison
The maximum FBND drawdown since its inception was -17.25%, smaller than the maximum GLTR drawdown of -55.70%. Use the drawdown chart below to compare losses from any high point for FBND and GLTR.
Loading charts...
Drawdown Indicators
| FBND | GLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.25% | -55.70% | +38.45% |
Max Drawdown (1Y)Largest decline over 1 year | -2.66% | -34.09% | +31.43% |
Max Drawdown (3Y)Largest decline over 3 years | -5.94% | -34.09% | +28.15% |
Max Drawdown (5Y)Largest decline over 5 years | -17.25% | -34.09% | +16.84% |
Max Drawdown (10Y)Largest decline over 10 years | -17.25% | -34.09% | +16.84% |
Current DrawdownCurrent decline from peak | -1.23% | -31.27% | +30.04% |
Average DrawdownAverage peak-to-trough decline | -3.34% | -28.82% | +25.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.91% | 13.86% | -12.95% |
Volatility
FBND vs. GLTR - Volatility Comparison
The current volatility for Fidelity Total Bond ETF (FBND) is 1.35%, while abrdn Physical Precious Metals Basket Shares ETF (GLTR) has a volatility of 10.43%. This indicates that FBND experiences smaller price fluctuations and is considered to be less risky than GLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FBND | GLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.35% | 10.43% | -9.08% |
Volatility (6M)Calculated over the trailing 6-month period | 2.81% | 36.24% | -33.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.83% | 38.40% | -34.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.92% | 23.87% | -17.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.10% | 20.64% | -14.54% |
FBND vs. GLTR - Expense Ratio Comparison
FBND has a 0.36% expense ratio, which is lower than GLTR's 0.60% expense ratio.
Dividends
FBND vs. GLTR - Dividend Comparison
FBND's dividend yield for the trailing twelve months is around 4.69%, while GLTR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBND Fidelity Total Bond ETF | 4.69% | 4.70% | 4.73% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% |
GLTR abrdn Physical Precious Metals Basket Shares ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FBND and GLTR have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLTR has higher volatility (10.43%) compared to FBND (1.35%). In terms of maximum drawdown, FBND dropped -17.25% vs GLTR's -55.70%.
On 10-year performance, GLTR leads with 12.08% vs 2.54% for FBND. On fees, FBND is cheaper at 0.36% per year. On volatility, FBND has been the lower-risk option at 1.35%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, GLTR has performed better with a 12.08% return vs 2.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FBND is cheaper with a 0.36% expense ratio, compared with 0.60% for GLTR.
FBND has the higher dividend yield at 4.69%, compared with 0.00% for GLTR.
FBND is categorized as Intermediate Core-Plus Bond, while GLTR is Precious Metals. They also come from different issuers: Fidelity and abrdn. Their fees differ too: 0.36% for FBND and 0.60% for GLTR.
FBND currently has the higher Sharpe Ratio (1.27 vs 1.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FBND and GLTR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer