FEQT.NEO vs. FBND
Compare and contrast key facts about Fidelity All-in-One Equity ETF Fund (FEQT.NEO) and Fidelity Total Bond ETF (FBND).
FEQT.NEO and FBND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FEQT.NEO is an actively managed fund by Fidelity. It was launched on Jan 20, 2022. FBND is an actively managed fund by Fidelity. It was launched on Oct 6, 2014.
Performance
FEQT.NEO vs. FBND - Performance Comparison
Loading graphics...
FEQT.NEO vs. FBND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FEQT.NEO Fidelity All-in-One Equity ETF Fund | 2.46% | 18.36% | 13.06% |
FBND Fidelity Total Bond ETF | 1.82% | 2.63% | 8.92% |
Different Trading Currencies
FEQT.NEO is traded in CAD, while FBND is traded in USD. To make them comparable, the FBND values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, FEQT.NEO achieves a 2.46% return, which is significantly higher than FBND's 1.39% return.
FEQT.NEO
- 1D
- 0.23%
- 1M
- -1.50%
- YTD
- 2.46%
- 6M
- 3.38%
- 1Y
- 17.76%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FBND
- 1D
- 0.00%
- 1M
- 0.35%
- YTD
- 1.39%
- 6M
- 0.10%
- 1Y
- 2.08%
- 3Y*
- 5.40%
- 5Y*
- 3.09%
- 10Y*
- 3.39%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FEQT.NEO vs. FBND - Expense Ratio Comparison
FEQT.NEO has a 0.43% expense ratio, which is higher than FBND's 0.36% expense ratio.
Return for Risk
FEQT.NEO vs. FBND — Risk / Return Rank
FEQT.NEO
FBND
FEQT.NEO vs. FBND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity All-in-One Equity ETF Fund (FEQT.NEO) and Fidelity Total Bond ETF (FBND). 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.
| FEQT.NEO | FBND | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.19 | 0.33 | +0.86 |
Sortino ratioReturn per unit of downside risk | 1.68 | 0.49 | +1.19 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.06 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 1.67 | 0.30 | +1.38 |
Martin ratioReturn relative to average drawdown | 7.30 | 0.58 | +6.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FEQT.NEO | FBND | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.19 | 0.33 | +0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.41 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.42 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.38 | 0.55 | +0.83 |
Correlation
The correlation between FEQT.NEO and FBND is 0.16, 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.
Dividends
FEQT.NEO vs. FBND - Dividend Comparison
FEQT.NEO has not paid dividends to shareholders, while FBND's dividend yield for the trailing twelve months is around 4.72%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEQT.NEO Fidelity All-in-One Equity ETF Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FBND Fidelity Total Bond ETF | 4.72% | 4.70% | 4.73% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% |
Drawdowns
FEQT.NEO vs. FBND - Drawdown Comparison
The maximum FEQT.NEO drawdown since its inception was -13.24%, smaller than the maximum FBND drawdown of -15.99%. Use the drawdown chart below to compare losses from any high point for FEQT.NEO and FBND.
Loading graphics...
Drawdown Indicators
| FEQT.NEO | FBND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.24% | -17.25% | +4.01% |
Max Drawdown (1Y)Largest decline over 1 year | -8.31% | -2.79% | -5.52% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.25% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -17.25% | — |
Current DrawdownCurrent decline from peak | -3.93% | -1.59% | -2.34% |
Average DrawdownAverage peak-to-trough decline | -1.50% | -3.38% | +1.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 0.90% | +1.66% |
Volatility
FEQT.NEO vs. FBND - Volatility Comparison
Fidelity All-in-One Equity ETF Fund (FEQT.NEO) has a higher volatility of 5.60% compared to Fidelity Total Bond ETF (FBND) at 2.07%. This indicates that FEQT.NEO's price experiences larger fluctuations and is considered to be riskier than FBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FEQT.NEO | FBND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.60% | 2.07% | +3.53% |
Volatility (6M)Calculated over the trailing 6-month period | 9.36% | 4.23% | +5.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.04% | 6.35% | +8.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.26% | 7.51% | +5.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.26% | 8.02% | +5.24% |