IWB vs. FTBFX
IWB (iShares Russell 1000 ETF) and FTBFX (Fidelity Total Bond Fund) are both funds - IWB is a Large Cap Blend Equities fund tracking the Russell 1000 Index, while FTBFX is a Intermediate Core-Plus Bond fund actively managed by Fidelity. IWB is passively managed, while FTBFX is actively managed. Over the past 10 years, IWB returned 14.97%/yr vs 2.41%/yr for FTBFX. At a correlation of -0.09, they often move in opposite directions. IWB charges 0.15%/yr vs 0.45%/yr for FTBFX.
Performance
IWB vs. FTBFX - Performance Comparison
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Returns By Period
In the year-to-date period, IWB achieves a 8.46% return, which is significantly higher than FTBFX's 0.04% return. Over the past 10 years, IWB has outperformed FTBFX with an annualized return of 14.97%, while FTBFX has yielded a comparatively lower 2.41% annualized return.
IWB
- 1D
- 0.26%
- 1M
- 0.43%
- YTD
- 8.46%
- 6M
- 8.45%
- 1Y
- 23.94%
- 3Y*
- 21.07%
- 5Y*
- 12.59%
- 10Y*
- 14.97%
FTBFX
- 1D
- -0.42%
- 1M
- -0.58%
- YTD
- 0.04%
- 6M
- 0.39%
- 1Y
- 5.31%
- 3Y*
- 4.62%
- 5Y*
- 0.58%
- 10Y*
- 2.41%
IWB vs. FTBFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWB iShares Russell 1000 ETF | 8.46% | 17.18% | 24.32% | 26.39% | -19.19% | 26.32% | 20.77% | 31.06% | -4.90% | 21.52% |
FTBFX Fidelity Total Bond Fund | 0.04% | 7.50% | 2.13% | 7.25% | -13.58% | -0.44% | 9.34% | 9.89% | -0.66% | 4.19% |
Correlation
The correlation between IWB and FTBFX is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2002 | -0.09 |
The correlation between IWB and FTBFX shifts across timeframes, from -0.09 (all time) to 0.32 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IWB vs. FTBFX — Risk / Return Rank
IWB
FTBFX
IWB vs. FTBFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 1000 ETF (IWB) and Fidelity Total Bond Fund (FTBFX). 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.
| IWB | FTBFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.22 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.71 | 1.65 | +1.07 |
| Martin ratioReturn relative to average drawdown | 12.38 | 4.97 | +7.41 |
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
| IWB | FTBFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.98 | 1.24 | +0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.10 | +0.64 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.83 | 0.51 | +0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.92 | -0.47 |
Drawdowns
IWB vs. FTBFX - Drawdown Comparison
The maximum IWB drawdown since its inception was -55.38%, which is greater than FTBFX's maximum drawdown of -18.25%. Use the drawdown chart below to compare losses from any high point for IWB and FTBFX.
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Drawdown Indicators
| IWB | FTBFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.38% | -18.25% | -37.13% |
Max Drawdown (1Y)Largest decline over 1 year | -8.86% | -2.89% | -5.97% |
Max Drawdown (3Y)Largest decline over 3 years | -19.09% | -5.82% | -13.27% |
Max Drawdown (5Y)Largest decline over 5 years | -25.20% | -18.25% | -6.95% |
Max Drawdown (10Y)Largest decline over 10 years | -34.60% | -18.25% | -16.35% |
Current DrawdownCurrent decline from peak | -2.58% | -1.82% | -0.76% |
Average DrawdownAverage peak-to-trough decline | -10.85% | -2.32% | -8.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.94% | 0.96% | +0.98% |
Volatility
IWB vs. FTBFX - Volatility Comparison
iShares Russell 1000 ETF (IWB) has a higher volatility of 3.74% compared to Fidelity Total Bond Fund (FTBFX) at 1.39%. This indicates that IWB's price experiences larger fluctuations and is considered to be riskier than FTBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWB | FTBFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.74% | 1.39% | +2.35% |
Volatility (6M)Calculated over the trailing 6-month period | 9.37% | 2.81% | +6.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.20% | 3.85% | +8.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.14% | 5.67% | +11.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.16% | 4.73% | +13.43% |
IWB vs. FTBFX - Expense Ratio Comparison
IWB has a 0.15% expense ratio, which is lower than FTBFX's 0.45% expense ratio.
Dividends
IWB vs. FTBFX - Dividend Comparison
IWB's dividend yield for the trailing twelve months is around 0.93%, less than FTBFX's 4.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTBFX Fidelity Total Bond Fund | 4.38% | 4.36% | 4.15% | 4.15% | 2.54% | 1.89% | 5.22% | 3.03% | 3.19% | 2.97% | 3.61% | 3.30% |
IWB iShares Russell 1000 ETF | 0.93% | 1.00% | 1.14% | 1.31% | 1.56% | 1.09% | 1.37% | 1.71% | 2.06% | 1.64% | 1.89% | 1.95% |
Frequently Asked Questions
IWB and FTBFX have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IWB has higher volatility (3.74%) compared to FTBFX (1.39%). In terms of maximum drawdown, IWB dropped -55.38% vs FTBFX's -18.25%.
IWB currently has the higher Sharpe Ratio (1.98 vs 1.24), 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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