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FIBR vs. BOND
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FIBR vs. BOND

Last updated Jun 4, 2026

FIBR (iShares U.S. Fixed Income Balanced Risk Systematic ETF) and BOND (PIMCO Active Bond ETF) are both Intermediate Core-Plus Bond funds. FIBR is passively managed, while BOND is actively managed. Over the past 10 years, FIBR returned 2.28%/yr vs 2.16%/yr for BOND. A 0.64 correlation means they provide meaningful diversification when combined. FIBR charges 0.25%/yr vs 0.54%/yr for BOND.

Performance

FIBR vs. BOND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Fixed Income Balanced Risk Systematic ETF (FIBR) and PIMCO Active Bond ETF (BOND). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FIBR achieves a 0.06% return, which is significantly lower than BOND's 0.48% return. Over the past 10 years, FIBR has outperformed BOND with an annualized return of 2.28%, while BOND has yielded a comparatively lower 2.16% annualized return.

FIBR

1D
-0.27%
1M
0.22%
YTD
0.06%
6M
-0.05%
1Y
5.34%
3Y*
6.70%
5Y*
1.54%
10Y*
2.28%

BOND

1D
-0.24%
1M
0.30%
YTD
0.48%
6M
0.46%
1Y
6.71%
3Y*
4.99%
5Y*
0.51%
10Y*
2.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FIBR vs. BOND - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FIBR
iShares U.S. Fixed Income Balanced Risk Systematic ETF		0.06%8.32%6.04%8.22%-13.57%-1.00%3.31%10.03%-0.93%3.89%
BOND
PIMCO Active Bond ETF		0.48%8.39%2.77%6.48%-14.57%-0.77%7.80%8.54%0.08%4.76%

Correlation

The correlation between FIBR and BOND is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.88

Correlation (3Y)
Calculated over the trailing 3-year period

0.80

Correlation (5Y)
Calculated over the trailing 5-year period

0.82

Correlation (10Y)
Calculated over the trailing 10-year period

0.69

Correlation (All Time)
Calculated using the full available price history since Feb 27, 2015

0.64

Over the past year, FIBR and BOND have become more correlated (0.88) than their long-term average of 0.64, meaning their price movements have been converging.

FIBR vs. BOND - Sectors Allocation Comparison

Sectors
FIBR
BOND

Energy

100.0%

-

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Financial Services

-

100.0%

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

-

Energy

FIBR
100.0%
BOND

-

Basic Materials

FIBR

-

BOND

-

Communication Services

FIBR

-

BOND

-

Consumer Cyclical

FIBR

-

BOND

-

Consumer Defensive

FIBR

-

BOND

-

Financial Services

FIBR

-

BOND
100.0%

Healthcare

FIBR

-

BOND

-

Industrials

FIBR

-

BOND

-

Real Estate

FIBR

-

BOND

-

Technology

FIBR

-

BOND

-

Utilities

FIBR

-

BOND

-

Compare stocks, funds, or ETFs

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iShares U.S. Fixed Income Balanced Risk Systematic ETF

PIMCO Active Bond ETF

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Often compared with BOND:
BOND vs. TLTBOND vs. BNDBOND vs. SCHDBOND vs. VOOBOND vs. FBNDBOND vs. VTIBOND vs. SCHZ

Return for Risk

FIBR vs. BOND — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FIBR
FIBR Risk / Return Rank: 3838
Overall Rank
FIBR Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
FIBR Sortino Ratio Rank: 3939
Sortino Ratio Rank
FIBR Omega Ratio Rank: 3939
Omega Ratio Rank
FIBR Calmar Ratio Rank: 3636
Calmar Ratio Rank
FIBR Martin Ratio Rank: 3636
Martin Ratio Rank
BOND
BOND Risk / Return Rank: 4747
Overall Rank
BOND Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
BOND Sortino Ratio Rank: 5050
Sortino Ratio Rank
BOND Omega Ratio Rank: 4747
Omega Ratio Rank
BOND Calmar Ratio Rank: 4444
Calmar Ratio Rank
BOND Martin Ratio Rank: 4343
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FIBR vs. BOND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Fixed Income Balanced Risk Systematic ETF (FIBR) 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.

FIBRBONDDifference
Sharpe ratioReturn per unit of total volatility
1.41
1.70

-0.28

Sortino ratioReturn per unit of downside risk
2.02
2.50

-0.48

Omega ratioGain probability vs. loss probability

1.26

1.31

-0.05

Calmar ratioReturn relative to maximum drawdown

1.79

2.23

-0.44

Martin ratioReturn relative to average drawdown

5.50

7.13

-1.63

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIBR vs. BOND - Sharpe Ratio Comparison

The current FIBR Sharpe Ratio is 1.41, which is comparable to the BOND Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of FIBR and BOND, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

FIBRBONDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.41

1.70

-0.28

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.27

0.09

+0.19

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.46

0.43

+0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

0.50

0.63

-0.13

Drawdowns

FIBR vs. BOND - Drawdown Comparison

The maximum FIBR drawdown since its inception was -18.47%, smaller than the maximum BOND drawdown of -19.71%. Use the drawdown chart below to compare losses from any high point for FIBR and BOND.

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Drawdown Indicators

FIBRBONDDifference

Max Drawdown

Largest peak-to-trough decline

-18.47%

-19.71%

+1.24%

Max Drawdown (1Y)

Largest decline over 1 year

-2.99%

-3.01%

+0.02%

Max Drawdown (3Y)

Largest decline over 3 years

-3.08%

-6.12%

+3.04%

Max Drawdown (5Y)

Largest decline over 5 years

-18.47%

-19.71%

+1.24%

Max Drawdown (10Y)

Largest decline over 10 years

-18.47%

-19.71%

+1.24%

Current Drawdown

Current decline from peak

-1.79%

-1.57%

-0.22%

Average Drawdown

Average peak-to-trough decline

-3.27%

-3.50%

+0.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.97%

0.94%

+0.03%

Volatility

FIBR vs. BOND - Volatility Comparison

iShares U.S. Fixed Income Balanced Risk Systematic ETF (FIBR) and PIMCO Active Bond ETF (BOND) have volatilities of 1.40% and 1.40%, 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

FIBRBONDDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.40%

1.40%

0.00%

Volatility (6M)

Calculated over the trailing 6-month period

3.10%

2.88%

+0.22%

Volatility (1Y)

Calculated over the trailing 1-year period

3.80%

3.97%

-0.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.63%

5.76%

-0.13%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.95%

5.09%

-0.14%

FIBR vs. BOND - Expense Ratio Comparison

FIBR has a 0.25% expense ratio, which is lower than BOND's 0.54% expense ratio.

Dividends

FIBR vs. BOND - Dividend Comparison

FIBR's dividend yield for the trailing twelve months is around 4.62%, less than BOND's 5.19% yield.

PositionTTM20252024202320222021202020192018201720162015
BOND
PIMCO Active Bond ETF		5.19%5.11%5.02%4.06%3.44%2.58%2.66%3.38%3.18%2.87%2.85%4.14%
FIBR
iShares U.S. Fixed Income Balanced Risk Systematic ETF		4.62%4.78%5.04%4.44%3.27%1.92%2.57%3.27%3.61%2.74%2.92%2.26%

Frequently Asked Questions

FIBR and BOND have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BOND has higher volatility (1.40%) compared to FIBR (1.40%). In terms of maximum drawdown, FIBR dropped -18.47% vs BOND's -19.71%.

On 10-year performance, FIBR leads with 2.28% vs 2.16% for BOND. On fees, FIBR is cheaper at 0.25% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, FIBR has performed better with a 2.28% return vs 2.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

FIBR is cheaper with a 0.25% expense ratio, compared with 0.54% for BOND.

BOND has the higher dividend yield at 5.19%, compared with 4.62% for FIBR.

They also come from different issuers: iShares and PIMCO. Their fees differ too: 0.25% for FIBR and 0.54% for BOND.

BOND currently has the higher Sharpe Ratio (1.70 vs 1.41), 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.

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