IBDS vs. FLDR
IBDS (iShares iBonds Dec 2027 Term Corporate ETF) and FLDR (Fidelity Low Duration Bond Factor ETF) are both exchange-traded funds - IBDS is a Corporate Bonds fund tracking the Bloomberg Barclays December 2027 Maturity Corporate Index, while FLDR is a Short-Term Bond fund tracking the Fidelity Low Duration Investment Grade Factor Index. Both are passively managed. Over the past 5 years, IBDS returned 1.40%/yr vs 3.72%/yr for FLDR. At a 0.42 correlation, their price movements are largely independent. IBDS charges 0.10%/yr vs 0.15%/yr for FLDR.
Performance
IBDS vs. FLDR - Performance Comparison
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Returns By Period
In the year-to-date period, IBDS achieves a 1.55% return, which is significantly lower than FLDR's 1.79% return.
IBDS
- 1D
- -0.04%
- 1M
- 0.23%
- 6M
- 1.55%
- YTD
- 1.55%
- 1Y
- 4.30%
- 3Y*
- 5.36%
- 5Y*
- 1.40%
- 10Y*
- —
FLDR
- 1D
- -0.06%
- 1M
- 0.21%
- 6M
- 1.74%
- YTD
- 1.79%
- 1Y
- 4.47%
- 3Y*
- 5.26%
- 5Y*
- 3.72%
- 10Y*
- —
IBDS vs. FLDR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IBDS iShares iBonds Dec 2027 Term Corporate ETF | 1.55% | 5.86% | 4.61% | 6.44% | -9.52% | -1.56% | 8.95% | 15.08% | 1.74% |
FLDR Fidelity Low Duration Bond Factor ETF | 1.79% | 5.41% | 5.71% | 6.32% | -0.33% | -0.18% | 2.01% | 4.52% | 0.84% |
Correlation
The correlation between IBDS and FLDR is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jun 14, 2018 | 0.42 |
The correlation between IBDS and FLDR shifts across timeframes, from 0.42 (all time) to 0.61 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
IBDS vs. FLDR — Risk / Return Rank
IBDS
FLDR
IBDS vs. FLDR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2027 Term Corporate ETF (IBDS) and Fidelity Low Duration Bond Factor ETF (FLDR). 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.
| IBDS | FLDR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.47 | ||
| Sortino ratioReturn per unit of downside risk | -1.26 | ||
| Omega ratioGain probability vs. loss probability | 2.13 | 2.60 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | 9.92 | 9.60 | +0.32 |
| Martin ratioReturn relative to average drawdown | 47.96 | 65.30 | -17.35 |
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Drawdowns
IBDS vs. FLDR - Drawdown Comparison
The maximum IBDS drawdown since its inception was -16.75%, which is greater than FLDR's maximum drawdown of -12.23%. Use the drawdown chart below to compare losses from any high point for IBDS and FLDR.
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Drawdown Indicators
| IBDS | FLDR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.75% | -12.23% | -4.52% |
Max Drawdown (1Y)Largest decline over 1 year | -0.43% | -0.47% | +0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -2.27% | -0.76% | -1.51% |
Max Drawdown (5Y)Largest decline over 5 years | -14.98% | -2.33% | -12.65% |
Current DrawdownCurrent decline from peak | -0.04% | -0.07% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -3.32% | -0.35% | -2.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.09% | 0.07% | +0.02% |
Volatility
IBDS vs. FLDR - Volatility Comparison
iShares iBonds Dec 2027 Term Corporate ETF (IBDS) and Fidelity Low Duration Bond Factor ETF (FLDR) have volatilities of 0.22% and 0.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBDS | FLDR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.22% | 0.22% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 0.62% | 0.61% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.04% | 0.80% | +0.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.16% | 1.21% | +2.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.51% | 5.23% | +0.28% |
IBDS vs. FLDR - Expense Ratio Comparison
IBDS has a 0.10% expense ratio, which is lower than FLDR's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IBDS vs. FLDR - Dividend Comparison
IBDS's dividend yield for the trailing twelve months is around 4.31%, which matches FLDR's 4.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FLDR Fidelity Low Duration Bond Factor ETF | 4.33% | 4.66% | 5.50% | 5.28% | 2.09% | 0.51% | 1.22% | 2.69% | 1.38% | 0.00% |
IBDS iShares iBonds Dec 2027 Term Corporate ETF | 4.31% | 4.36% | 4.37% | 3.81% | 2.87% | 2.19% | 2.66% | 3.32% | 3.66% | 0.97% |
Frequently Asked Questions
IBDS and FLDR have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLDR has higher volatility (0.22%) compared to IBDS (0.22%). In terms of maximum drawdown, IBDS dropped -16.75% vs FLDR's -12.23%.
On 5-year performance, FLDR leads with 3.72% vs 1.40% for IBDS. On fees, IBDS is cheaper at 0.10% per year. Their volatility is very similar. 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 3.72% return vs 1.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBDS is cheaper with a 0.10% expense ratio, compared with 0.15% for FLDR.
FLDR has the higher dividend yield at 4.33%, compared with 4.31% for IBDS.
IBDS is categorized as Corporate Bonds, while FLDR is Short-Term Bond. IBDS tracks Bloomberg Barclays December 2027 Maturity Corporate Index, while FLDR tracks Fidelity Low Duration Investment Grade Factor Index. They also come from different issuers: iShares and Fidelity. Their fees differ too: 0.10% for IBDS and 0.15% for FLDR.
FLDR currently has the higher Sharpe Ratio (5.62 vs 4.15), 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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