SHAG vs. FLTB
Compare and contrast key facts about WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) and Fidelity Limited Term Bond ETF (FLTB).
SHAG and FLTB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SHAG is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg U.S. Short Aggregate Enhanced Yield Index. It was launched on May 18, 2017. FLTB is an actively managed fund by Fidelity. It was launched on Oct 6, 2014.
Performance
SHAG vs. FLTB - Performance Comparison
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SHAG vs. FLTB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHAG WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF | 0.10% | 6.27% | 4.30% | 4.61% | -6.37% | -0.91% | 4.70% | 5.79% | 0.80% | -0.11% |
FLTB Fidelity Limited Term Bond ETF | 0.14% | 6.60% | 5.14% | 5.94% | -5.88% | -1.20% | 5.57% | 5.87% | 1.06% | -0.17% |
Returns By Period
In the year-to-date period, SHAG achieves a 0.10% return, which is significantly lower than FLTB's 0.14% return.
SHAG
- 1D
- -0.04%
- 1M
- -0.73%
- YTD
- 0.10%
- 6M
- 1.11%
- 1Y
- 4.28%
- 3Y*
- 4.53%
- 5Y*
- 1.63%
- 10Y*
- —
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%
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SHAG vs. FLTB - Expense Ratio Comparison
SHAG has a 0.12% expense ratio, which is lower than FLTB's 0.25% 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%.
Return for Risk
SHAG vs. FLTB — Risk / Return Rank
SHAG
FLTB
SHAG vs. FLTB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) and Fidelity Limited Term Bond ETF (FLTB). 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.
| SHAG | FLTB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.95 | 1.99 | -0.04 |
Sortino ratioReturn per unit of downside risk | 3.00 | 2.98 | +0.01 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.37 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 3.14 | 3.06 | +0.08 |
Martin ratioReturn relative to average drawdown | 12.27 | 12.68 | -0.41 |
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
| SHAG | FLTB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.95 | 1.99 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.80 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.84 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.83 | 0.82 | +0.01 |
Correlation
The correlation between SHAG and FLTB is 0.69, 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
SHAG vs. FLTB - Dividend Comparison
SHAG's dividend yield for the trailing twelve months is around 4.35%, which matches FLTB's 4.37% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHAG WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF | 4.35% | 4.33% | 4.49% | 3.04% | 1.38% | 0.92% | 2.33% | 2.71% | 2.56% | 0.77% | 0.00% | 0.00% |
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% |
Drawdowns
SHAG vs. FLTB - Drawdown Comparison
The maximum SHAG drawdown since its inception was -9.62%, roughly equal to the maximum FLTB drawdown of -9.37%. Use the drawdown chart below to compare losses from any high point for SHAG and FLTB.
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Drawdown Indicators
| SHAG | FLTB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.62% | -9.37% | -0.25% |
Max Drawdown (1Y)Largest decline over 1 year | -1.38% | -1.52% | +0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -9.62% | -9.26% | -0.36% |
Max Drawdown (10Y)Largest decline over 10 years | — | -9.37% | — |
Current DrawdownCurrent decline from peak | -0.91% | -0.95% | +0.04% |
Average DrawdownAverage peak-to-trough decline | -1.90% | -1.41% | -0.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.35% | 0.37% | -0.02% |
Volatility
SHAG vs. FLTB - Volatility Comparison
The current volatility for WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) is 0.84%, while Fidelity Limited Term Bond ETF (FLTB) has a volatility of 0.97%. This indicates that SHAG experiences smaller price fluctuations and is considered to be less risky than FLTB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHAG | FLTB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.84% | 0.97% | -0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 1.19% | 1.50% | -0.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.21% | 2.27% | -0.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.73% | 2.78% | -0.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.59% | 2.93% | -0.34% |