FIGB vs. SRLN
Compare and contrast key facts about Fidelity Investment Grade Bond ETF (FIGB) and SPDR Blackstone Senior Loan ETF (SRLN).
FIGB and SRLN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FIGB is an actively managed fund by Fidelity. It was launched on Mar 2, 2021. SRLN is a passively managed fund by State Street that tracks the performance of the Markit iBoxx USD Liquid Leveraged Loan Index. It was launched on Apr 3, 2013.
Performance
FIGB vs. SRLN - Performance Comparison
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FIGB vs. SRLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FIGB Fidelity Investment Grade Bond ETF | -0.10% | 6.95% | 1.51% | 6.65% | -13.43% | 1.77% |
SRLN SPDR Blackstone Senior Loan ETF | -1.39% | 6.77% | 8.43% | 11.62% | -5.30% | 3.51% |
Returns By Period
In the year-to-date period, FIGB achieves a -0.10% return, which is significantly higher than SRLN's -1.39% return.
FIGB
- 1D
- -0.13%
- 1M
- -1.48%
- YTD
- -0.10%
- 6M
- 0.55%
- 1Y
- 3.86%
- 3Y*
- 3.79%
- 5Y*
- 0.42%
- 10Y*
- —
SRLN
- 1D
- 0.20%
- 1M
- 1.56%
- YTD
- -1.39%
- 6M
- 0.39%
- 1Y
- 5.55%
- 3Y*
- 7.49%
- 5Y*
- 4.50%
- 10Y*
- 4.50%
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FIGB vs. SRLN - Expense Ratio Comparison
FIGB has a 0.36% expense ratio, which is lower than SRLN's 0.70% expense ratio.
Return for Risk
FIGB vs. SRLN — Risk / Return Rank
FIGB
SRLN
FIGB vs. SRLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Investment Grade Bond ETF (FIGB) and SPDR Blackstone Senior Loan ETF (SRLN). 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.
| FIGB | SRLN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.75 | 1.29 | -0.54 |
Sortino ratioReturn per unit of downside risk | 1.07 | 1.88 | -0.80 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.34 | -0.20 |
Calmar ratioReturn relative to maximum drawdown | 1.20 | 1.65 | -0.45 |
Martin ratioReturn relative to average drawdown | 3.64 | 5.85 | -2.21 |
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
| FIGB | SRLN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.75 | 1.29 | -0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 1.16 | -1.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.75 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.06 | 0.68 | -0.61 |
Correlation
The correlation between FIGB and SRLN is 0.15, 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
FIGB vs. SRLN - Dividend Comparison
FIGB's dividend yield for the trailing twelve months is around 4.13%, less than SRLN's 7.70% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIGB Fidelity Investment Grade Bond ETF | 4.13% | 4.15% | 4.28% | 3.79% | 2.44% | 1.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SRLN SPDR Blackstone Senior Loan ETF | 7.70% | 7.67% | 8.58% | 8.44% | 5.72% | 4.45% | 4.91% | 5.39% | 4.98% | 4.01% | 3.94% | 4.43% |
Drawdowns
FIGB vs. SRLN - Drawdown Comparison
The maximum FIGB drawdown since its inception was -18.08%, smaller than the maximum SRLN drawdown of -22.29%. Use the drawdown chart below to compare losses from any high point for FIGB and SRLN.
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Drawdown Indicators
| FIGB | SRLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.08% | -22.29% | +4.21% |
Max Drawdown (1Y)Largest decline over 1 year | -3.46% | -3.28% | -0.18% |
Max Drawdown (5Y)Largest decline over 5 years | -18.08% | -7.93% | -10.15% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.29% | — |
Current DrawdownCurrent decline from peak | -1.84% | -1.75% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -7.10% | -1.11% | -5.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.14% | 0.93% | +0.21% |
Volatility
FIGB vs. SRLN - Volatility Comparison
Fidelity Investment Grade Bond ETF (FIGB) and SPDR Blackstone Senior Loan ETF (SRLN) have volatilities of 1.72% and 1.78%, 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
| FIGB | SRLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.72% | 1.78% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 2.70% | 2.56% | +0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.15% | 4.32% | +0.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.25% | 3.89% | +2.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.22% | 6.05% | +0.17% |