GVI vs. FLDB
Compare and contrast key facts about iShares Intermediate Government/Credit Bond ETF (GVI) and Fidelity Low Duration Bond ETF (FLDB).
GVI and FLDB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GVI is a passively managed fund by iShares that tracks the performance of the Bloomberg U.S. Intermediate Government/Credit Bond. It was launched on Jan 5, 2007. FLDB is an actively managed fund by Fidelity. It was launched on Feb 22, 2024.
Performance
GVI vs. FLDB - Performance Comparison
Loading graphics...
GVI vs. FLDB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GVI iShares Intermediate Government/Credit Bond ETF | -0.03% | 6.66% | 3.89% |
FLDB Fidelity Low Duration Bond ETF | 0.82% | 4.93% | 4.29% |
Returns By Period
In the year-to-date period, GVI achieves a -0.03% return, which is significantly lower than FLDB's 0.82% return.
GVI
- 1D
- 0.00%
- 1M
- -0.89%
- YTD
- -0.03%
- 6M
- 0.82%
- 1Y
- 4.09%
- 3Y*
- 4.05%
- 5Y*
- 1.12%
- 10Y*
- 1.85%
FLDB
- 1D
- 0.02%
- 1M
- 0.20%
- YTD
- 0.82%
- 6M
- 1.89%
- 1Y
- 4.49%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GVI vs. FLDB - Expense Ratio Comparison
Both GVI and FLDB have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
GVI vs. FLDB — Risk / Return Rank
GVI
FLDB
GVI vs. FLDB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Intermediate Government/Credit Bond ETF (GVI) and Fidelity Low Duration Bond ETF (FLDB). 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.
| GVI | FLDB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.50 | 4.35 | -2.85 |
Sortino ratioReturn per unit of downside risk | 2.27 | 7.43 | -5.16 |
Omega ratioGain probability vs. loss probability | 1.28 | 2.05 | -0.78 |
Calmar ratioReturn relative to maximum drawdown | 2.36 | 11.81 | -9.45 |
Martin ratioReturn relative to average drawdown | 8.58 | 67.36 | -58.77 |
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
| GVI | FLDB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.50 | 4.35 | -2.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 3.62 | -2.85 |
Correlation
The correlation between GVI and FLDB is 0.29, 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
GVI vs. FLDB - Dividend Comparison
GVI's dividend yield for the trailing twelve months is around 3.57%, less than FLDB's 4.55% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GVI iShares Intermediate Government/Credit Bond ETF | 3.57% | 3.48% | 3.40% | 2.75% | 1.86% | 1.46% | 1.84% | 2.29% | 2.16% | 1.91% | 1.77% | 1.75% |
FLDB Fidelity Low Duration Bond ETF | 4.55% | 4.72% | 3.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GVI vs. FLDB - Drawdown Comparison
The maximum GVI drawdown since its inception was -12.93%, which is greater than FLDB's maximum drawdown of -0.49%. Use the drawdown chart below to compare losses from any high point for GVI and FLDB.
Loading graphics...
Drawdown Indicators
| GVI | FLDB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.93% | -0.49% | -12.44% |
Max Drawdown (1Y)Largest decline over 1 year | -1.79% | -0.40% | -1.39% |
Max Drawdown (5Y)Largest decline over 5 years | -12.93% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -12.93% | — | — |
Current DrawdownCurrent decline from peak | -1.20% | 0.00% | -1.20% |
Average DrawdownAverage peak-to-trough decline | -1.87% | -0.05% | -1.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.49% | 0.07% | +0.42% |
Volatility
GVI vs. FLDB - Volatility Comparison
iShares Intermediate Government/Credit Bond ETF (GVI) has a higher volatility of 1.09% compared to Fidelity Low Duration Bond ETF (FLDB) at 0.28%. This indicates that GVI's price experiences larger fluctuations and is considered to be riskier than FLDB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GVI | FLDB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.09% | 0.28% | +0.81% |
Volatility (6M)Calculated over the trailing 6-month period | 1.68% | 0.68% | +1.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.74% | 1.05% | +1.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.97% | 1.33% | +2.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.52% | 1.33% | +2.19% |