FLDR vs. STOT
FLDR (Fidelity Low Duration Bond Factor ETF) and STOT (State Street DoubleLine Short Duration Total Return Tactical ETF) are both Short-Term Bond funds - FLDR tracks the Fidelity Low Duration Investment Grade Factor Index while STOT tracks the Bloomberg U.S. Aggregate 1-3 Year Index. Both are passively managed. Over the past 5 years, FLDR returned 3.74%/yr vs 2.83%/yr for STOT. At a 0.34 correlation, their price movements are largely independent. FLDR charges 0.15%/yr vs 0.45%/yr for STOT.
Performance
FLDR vs. STOT - Performance Comparison
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Returns By Period
In the year-to-date period, FLDR achieves a 1.72% return, which is significantly higher than STOT's 1.14% return.
FLDR
- 1D
- 0.02%
- 1M
- 0.49%
- YTD
- 1.72%
- 6M
- 1.84%
- 1Y
- 4.58%
- 3Y*
- 5.34%
- 5Y*
- 3.74%
- 10Y*
- —
STOT
- 1D
- 0.06%
- 1M
- 0.23%
- YTD
- 1.14%
- 6M
- 1.28%
- 1Y
- 3.88%
- 3Y*
- 5.26%
- 5Y*
- 2.83%
- 10Y*
- 2.43%
FLDR vs. STOT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FLDR Fidelity Low Duration Bond Factor ETF | 1.72% | 5.41% | 5.71% | 6.32% | -0.33% | -0.18% | 2.01% | 4.52% | 0.84% |
STOT State Street DoubleLine Short Duration Total Return Tactical ETF | 1.14% | 5.56% | 5.26% | 6.39% | -3.75% | 0.27% | 2.43% | 4.40% | 1.43% |
Correlation
The correlation between FLDR and STOT is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Jun 14, 2018 | 0.34 |
Over the past year, FLDR and STOT have become more correlated (0.56) than their long-term average of 0.34, meaning their price movements have been converging.
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Return for Risk
FLDR vs. STOT — Risk / Return Rank
FLDR
STOT
FLDR vs. STOT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Low Duration Bond Factor ETF (FLDR) and State Street DoubleLine Short Duration Total Return Tactical ETF (STOT). 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.
| FLDR | STOT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.23 | ||
| Sortino ratioReturn per unit of downside risk | +4.28 | ||
| Omega ratioGain probability vs. loss probability | 2.63 | 1.70 | +0.93 |
| Calmar ratioReturn relative to maximum drawdown | 9.83 | 5.10 | +4.73 |
| Martin ratioReturn relative to average drawdown | 67.02 | 22.11 | +44.91 |
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Drawdowns
FLDR vs. STOT - Drawdown Comparison
The maximum FLDR drawdown since its inception was -12.23%, which is greater than STOT's maximum drawdown of -6.07%. Use the drawdown chart below to compare losses from any high point for FLDR and STOT.
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Drawdown Indicators
| FLDR | STOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.23% | -6.07% | -6.16% |
Max Drawdown (1Y)Largest decline over 1 year | -0.47% | -0.76% | +0.29% |
Max Drawdown (3Y)Largest decline over 3 years | -0.76% | -0.76% | 0.00% |
Max Drawdown (5Y)Largest decline over 5 years | -2.33% | -6.07% | +3.74% |
Max Drawdown (10Y)Largest decline over 10 years | — | -6.07% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.05% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -0.35% | -0.83% | +0.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.07% | 0.18% | -0.11% |
Volatility
FLDR vs. STOT - Volatility Comparison
The current volatility for Fidelity Low Duration Bond Factor ETF (FLDR) is 0.19%, while State Street DoubleLine Short Duration Total Return Tactical ETF (STOT) has a volatility of 0.35%. This indicates that FLDR experiences smaller price fluctuations and is considered to be less risky than STOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLDR | STOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.19% | 0.35% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 0.60% | 0.87% | -0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.81% | 1.13% | -0.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.21% | 1.73% | -0.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.25% | 2.20% | +3.05% |
FLDR vs. STOT - Expense Ratio Comparison
FLDR has a 0.15% expense ratio, which is lower than STOT's 0.45% expense ratio.
Dividends
FLDR vs. STOT - Dividend Comparison
FLDR's dividend yield for the trailing twelve months is around 4.41%, which matches STOT's 4.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
FLDR Fidelity Low Duration Bond Factor ETF | 4.41% | 4.66% | 5.50% | 5.28% | 2.09% | 0.51% | 1.22% | 2.69% | 1.38% | 0.00% | 0.00% |
STOT State Street DoubleLine Short Duration Total Return Tactical ETF | 4.40% | 4.52% | 5.10% | 4.53% | 2.54% | 1.76% | 1.66% | 2.61% | 2.50% | 1.95% | 2.08% |
Frequently Asked Questions
FLDR and STOT have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
STOT has higher volatility (0.35%) compared to FLDR (0.19%). In terms of maximum drawdown, FLDR dropped -12.23% vs STOT's -6.07%.
On 5-year performance, FLDR leads with 3.74% vs 2.83% for STOT. On fees, FLDR is cheaper at 0.15% per year. On volatility, FLDR has been the lower-risk option at 0.19%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, FLDR has performed better with a 3.74% return vs 2.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FLDR is cheaper with a 0.15% expense ratio, compared with 0.45% for STOT.
FLDR has the higher dividend yield at 4.41%, compared with 4.40% for STOT.
FLDR tracks Fidelity Low Duration Investment Grade Factor Index, while STOT tracks Bloomberg U.S. Aggregate 1-3 Year Index. They also come from different issuers: Fidelity and State Street. Their fees differ too: 0.15% for FLDR and 0.45% for STOT.
FLDR currently has the higher Sharpe Ratio (5.69 vs 3.46), 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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