FJRLX vs. FBND
Compare and contrast key facts about Fidelity Limited Term Bond Fund (FJRLX) and Fidelity Total Bond ETF (FBND).
FJRLX is managed by Fidelity. It was launched on Feb 2, 1984. FBND is an actively managed fund by Fidelity. It was launched on Oct 6, 2014.
Performance
FJRLX vs. FBND - Performance Comparison
Loading graphics...
FJRLX vs. FBND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FJRLX Fidelity Limited Term Bond Fund | -0.23% | 6.70% | 4.92% | 6.26% | -6.22% | -1.46% | 5.16% | 6.04% | 0.71% | 1.89% |
FBND Fidelity Total Bond ETF | 0.12% | 7.57% | 2.13% | 6.81% | -12.54% | -0.43% | 9.41% | 9.82% | -0.57% | 3.52% |
Returns By Period
In the year-to-date period, FJRLX achieves a -0.23% return, which is significantly lower than FBND's 0.12% return. Over the past 10 years, FJRLX has underperformed FBND with an annualized return of 2.38%, while FBND has yielded a comparatively higher 2.78% annualized return.
FJRLX
- 1D
- 0.17%
- 1M
- -0.94%
- YTD
- -0.23%
- 6M
- 0.86%
- 1Y
- 4.29%
- 3Y*
- 5.24%
- 5Y*
- 2.11%
- 10Y*
- 2.38%
FBND
- 1D
- -0.02%
- 1M
- -1.32%
- YTD
- 0.12%
- 6M
- 0.77%
- 1Y
- 4.53%
- 3Y*
- 4.42%
- 5Y*
- 1.01%
- 10Y*
- 2.78%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FJRLX vs. FBND - Expense Ratio Comparison
FJRLX has a 0.45% expense ratio, which is higher than FBND's 0.36% expense ratio.
Return for Risk
FJRLX vs. FBND — Risk / Return Rank
FJRLX
FBND
FJRLX vs. FBND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Limited Term Bond Fund (FJRLX) 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.
| FJRLX | FBND | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.00 | 1.03 | +0.97 |
Sortino ratioReturn per unit of downside risk | 3.23 | 1.44 | +1.79 |
Omega ratioGain probability vs. loss probability | 1.43 | 1.18 | +0.25 |
Calmar ratioReturn relative to maximum drawdown | 2.96 | 1.69 | +1.26 |
Martin ratioReturn relative to average drawdown | 11.73 | 5.25 | +6.47 |
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
| FJRLX | FBND | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.00 | 1.03 | +0.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.78 | 0.17 | +0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.00 | 0.46 | +0.54 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.01 | 0.44 | +0.57 |
Correlation
The correlation between FJRLX and FBND is 0.70, 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
FJRLX vs. FBND - Dividend Comparison
FJRLX's dividend yield for the trailing twelve months is around 3.69%, less than FBND's 4.73% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FJRLX Fidelity Limited Term Bond Fund | 3.69% | 3.93% | 3.36% | 2.38% | 1.26% | 1.25% | 2.38% | 2.44% | 2.29% | 1.79% | 1.88% | 1.60% |
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% |
Drawdowns
FJRLX vs. FBND - Drawdown Comparison
The maximum FJRLX drawdown since its inception was -9.89%, smaller than the maximum FBND drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for FJRLX and FBND.
Loading graphics...
Drawdown Indicators
| FJRLX | FBND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.89% | -17.25% | +7.36% |
Max Drawdown (1Y)Largest decline over 1 year | -1.63% | -2.79% | +1.16% |
Max Drawdown (5Y)Largest decline over 5 years | -9.71% | -17.25% | +7.54% |
Max Drawdown (10Y)Largest decline over 10 years | -9.89% | -17.25% | +7.36% |
Current DrawdownCurrent decline from peak | -1.20% | -1.80% | +0.60% |
Average DrawdownAverage peak-to-trough decline | -1.35% | -3.38% | +2.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.41% | 0.90% | -0.49% |
Volatility
FJRLX vs. FBND - Volatility Comparison
The current volatility for Fidelity Limited Term Bond Fund (FJRLX) is 0.81%, while Fidelity Total Bond ETF (FBND) has a volatility of 1.66%. This indicates that FJRLX experiences smaller price fluctuations and is considered to be less risky than FBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FJRLX | FBND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.81% | 1.66% | -0.85% |
Volatility (6M)Calculated over the trailing 6-month period | 1.43% | 2.62% | -1.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.27% | 4.44% | -2.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.73% | 5.90% | -3.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.39% | 6.08% | -3.69% |