FTABX vs. IBTJ
Compare and contrast key facts about Fidelity Tax-Free Bond Fund (FTABX) and iShares iBonds Dec 2029 Term Treasury ETF (IBTJ).
FTABX is managed by Fidelity. It was launched on Apr 10, 2001. IBTJ is a passively managed fund by iShares that tracks the performance of the ICE 2029 Maturity US Treasury Index. It was launched on Feb 25, 2020.
Performance
FTABX vs. IBTJ - Performance Comparison
Loading graphics...
FTABX vs. IBTJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FTABX Fidelity Tax-Free Bond Fund | -0.50% | 5.60% | 1.54% | 7.51% | -10.74% | 2.20% | 1.04% |
IBTJ iShares iBonds Dec 2029 Term Treasury ETF | 0.07% | 6.89% | 1.82% | 4.49% | -12.45% | -3.57% | 3.50% |
Returns By Period
In the year-to-date period, FTABX achieves a -0.50% return, which is significantly lower than IBTJ's 0.07% return.
FTABX
- 1D
- 0.27%
- 1M
- -2.32%
- YTD
- -0.50%
- 6M
- 1.06%
- 1Y
- 4.23%
- 3Y*
- 3.59%
- 5Y*
- 0.97%
- 10Y*
- 2.32%
IBTJ
- 1D
- -0.07%
- 1M
- -0.71%
- YTD
- 0.07%
- 6M
- 1.03%
- 1Y
- 3.99%
- 3Y*
- 3.31%
- 5Y*
- 0.24%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FTABX vs. IBTJ - Expense Ratio Comparison
FTABX has a 0.25% expense ratio, which is higher than IBTJ's 0.07% 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
FTABX vs. IBTJ — Risk / Return Rank
FTABX
IBTJ
FTABX vs. IBTJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Tax-Free Bond Fund (FTABX) and iShares iBonds Dec 2029 Term Treasury ETF (IBTJ). 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.
| FTABX | IBTJ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.97 | 1.38 | -0.41 |
Sortino ratioReturn per unit of downside risk | 1.31 | 2.13 | -0.82 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.26 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.15 | 2.56 | -1.41 |
Martin ratioReturn relative to average drawdown | 4.00 | 7.74 | -3.74 |
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
| FTABX | IBTJ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 1.38 | -0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.04 | +0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.04 | -0.02 | +1.05 |
Correlation
The correlation between FTABX and IBTJ is 0.41, 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
FTABX vs. IBTJ - Dividend Comparison
FTABX's dividend yield for the trailing twelve months is around 3.20%, less than IBTJ's 3.81% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTABX Fidelity Tax-Free Bond Fund | 3.20% | 4.18% | 2.81% | 2.90% | 2.16% | 2.27% | 2.64% | 2.94% | 3.01% | 3.49% | 4.22% | 3.29% |
IBTJ iShares iBonds Dec 2029 Term Treasury ETF | 3.81% | 3.78% | 3.95% | 3.48% | 1.86% | 0.74% | 0.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FTABX vs. IBTJ - Drawdown Comparison
The maximum FTABX drawdown since its inception was -16.14%, smaller than the maximum IBTJ drawdown of -20.19%. Use the drawdown chart below to compare losses from any high point for FTABX and IBTJ.
Loading graphics...
Drawdown Indicators
| FTABX | IBTJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.14% | -20.19% | +4.05% |
Max Drawdown (1Y)Largest decline over 1 year | -4.74% | -1.62% | -3.12% |
Max Drawdown (5Y)Largest decline over 5 years | -16.14% | -17.21% | +1.07% |
Max Drawdown (10Y)Largest decline over 10 years | -16.14% | — | — |
Current DrawdownCurrent decline from peak | -2.66% | -6.14% | +3.48% |
Average DrawdownAverage peak-to-trough decline | -2.13% | -9.83% | +7.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.37% | 0.54% | +0.83% |
Volatility
FTABX vs. IBTJ - Volatility Comparison
Fidelity Tax-Free Bond Fund (FTABX) has a higher volatility of 1.15% compared to iShares iBonds Dec 2029 Term Treasury ETF (IBTJ) at 0.90%. This indicates that FTABX's price experiences larger fluctuations and is considered to be riskier than IBTJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FTABX | IBTJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.15% | 0.90% | +0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 1.79% | 1.58% | +0.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.84% | 2.91% | +1.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.12% | 5.77% | -1.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.27% | 6.07% | -1.80% |