FLTB vs. ISTB
Compare and contrast key facts about Fidelity Limited Term Bond ETF (FLTB) and iShares Core 1-5 Year USD Bond ETF (ISTB).
FLTB and ISTB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLTB is an actively managed fund by Fidelity. It was launched on Oct 6, 2014. ISTB is a passively managed fund by iShares that tracks the performance of the BBG US Universal 1-5 Year Index (USD). It was launched on Oct 18, 2012.
Performance
FLTB vs. ISTB - Performance Comparison
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FLTB vs. ISTB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLTB Fidelity Limited Term Bond ETF | 0.14% | 6.60% | 5.14% | 5.94% | -5.88% | -1.20% | 5.57% | 5.87% | 1.06% | 2.10% |
ISTB iShares Core 1-5 Year USD Bond ETF | 0.13% | 6.36% | 4.37% | 5.56% | -6.08% | -0.71% | 4.75% | 5.61% | 1.02% | 1.72% |
Returns By Period
In the year-to-date period, FLTB achieves a 0.14% return, which is significantly higher than ISTB's 0.13% return. Over the past 10 years, FLTB has outperformed ISTB with an annualized return of 2.47%, while ISTB has yielded a comparatively lower 2.32% annualized return.
FLTB
- 1D
- -0.14%
- 1M
- -0.69%
- YTD
- 0.14%
- 6M
- 1.12%
- 1Y
- 4.48%
- 3Y*
- 5.31%
- 5Y*
- 2.22%
- 10Y*
- 2.47%
ISTB
- 1D
- 0.03%
- 1M
- -0.61%
- YTD
- 0.13%
- 6M
- 1.16%
- 1Y
- 4.38%
- 3Y*
- 4.78%
- 5Y*
- 1.88%
- 10Y*
- 2.32%
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FLTB vs. ISTB - Expense Ratio Comparison
FLTB has a 0.25% expense ratio, which is higher than ISTB's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
FLTB vs. ISTB — Risk / Return Rank
FLTB
ISTB
FLTB vs. ISTB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Limited Term Bond ETF (FLTB) and iShares Core 1-5 Year USD Bond ETF (ISTB). 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.
| FLTB | ISTB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.99 | 2.27 | -0.28 |
Sortino ratioReturn per unit of downside risk | 2.98 | 3.47 | -0.49 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.45 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 3.06 | 3.60 | -0.53 |
Martin ratioReturn relative to average drawdown | 12.68 | 14.26 | -1.58 |
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
| FLTB | ISTB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.99 | 2.27 | -0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.68 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.93 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.84 | -0.01 |
Correlation
The correlation between FLTB and ISTB is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
FLTB vs. ISTB - Dividend Comparison
FLTB's dividend yield for the trailing twelve months is around 4.37%, more than ISTB's 4.21% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLTB Fidelity Limited Term Bond ETF | 4.37% | 4.31% | 4.11% | 3.20% | 1.63% | 0.89% | 1.56% | 2.67% | 2.50% | 1.78% | 1.59% | 1.63% |
ISTB iShares Core 1-5 Year USD Bond ETF | 4.21% | 4.12% | 3.83% | 2.97% | 2.01% | 1.69% | 2.20% | 2.75% | 2.57% | 2.06% | 1.90% | 1.58% |
Drawdowns
FLTB vs. ISTB - Drawdown Comparison
The maximum FLTB drawdown since its inception was -9.37%, roughly equal to the maximum ISTB drawdown of -9.34%. Use the drawdown chart below to compare losses from any high point for FLTB and ISTB.
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Drawdown Indicators
| FLTB | ISTB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.37% | -9.34% | -0.03% |
Max Drawdown (1Y)Largest decline over 1 year | -1.52% | -1.26% | -0.26% |
Max Drawdown (5Y)Largest decline over 5 years | -9.26% | -9.34% | +0.08% |
Max Drawdown (10Y)Largest decline over 10 years | -9.37% | -9.34% | -0.03% |
Current DrawdownCurrent decline from peak | -0.95% | -0.78% | -0.17% |
Average DrawdownAverage peak-to-trough decline | -1.41% | -1.23% | -0.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.37% | 0.32% | +0.05% |
Volatility
FLTB vs. ISTB - Volatility Comparison
Fidelity Limited Term Bond ETF (FLTB) has a higher volatility of 0.97% compared to iShares Core 1-5 Year USD Bond ETF (ISTB) at 0.78%. This indicates that FLTB's price experiences larger fluctuations and is considered to be riskier than ISTB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLTB | ISTB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.97% | 0.78% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 1.50% | 1.18% | +0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.27% | 1.94% | +0.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.78% | 2.78% | 0.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.93% | 2.50% | +0.43% |