VBND vs. FBND
VBND (Vident U.S. Bond Strategy ETF) and FBND (Fidelity Total Bond ETF) are both Intermediate Core-Plus Bond funds. VBND is passively managed, while FBND is actively managed. Over the past 10 years, VBND returned 1.29%/yr vs 2.27%/yr for FBND. Their 0.79 correlation means they have sometimes moved together and sometimes differently. VBND charges 0.41%/yr vs 0.36%/yr for FBND.
Performance
VBND vs. FBND - Performance Comparison
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Returns By Period
In the year-to-date period, VBND achieves a -0.59% return, which is significantly lower than FBND's -0.33% return. Over the past 10 years, VBND has underperformed FBND with an annualized return of 1.29%, while FBND has yielded a comparatively higher 2.27% annualized return.
VBND
- 1D
- -0.19%
- 1M
- -1.53%
- 6M
- -0.55%
- YTD
- -0.59%
- 1Y
- 2.16%
- 3Y*
- 4.38%
- 5Y*
- -0.19%
- 10Y*
- 1.29%
- ALL TIME*
- 1.54%
FBND
- 1D
- -0.27%
- 1M
- -1.26%
- 6M
- -0.60%
- YTD
- -0.33%
- 1Y
- 2.08%
- 3Y*
- 4.55%
- 5Y*
- 0.31%
- 10Y*
- 2.27%
- ALL TIME*
- 2.47%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $133.84M | $127.41M | $124.15M | |
| $846.73K | $2.16M | $1.29M |
VBND vs. FBND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VBND Vident U.S. Bond Strategy ETF | -0.59% | 7.31% | 1.26% | 8.16% | -14.18% | -0.43% | 5.37% | 9.50% | -0.96% | 3.15% |
FBND Fidelity Total Bond ETF | -0.33% | 7.57% | 2.13% | 6.81% | -12.54% | -0.43% | 9.41% | 9.82% | -0.57% | 3.52% |
Correlation
The correlation between VBND and FBND is 0.83, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.83 |
Correlation (3Y) Balances recent behavior with more history. | 0.89 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.90 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.82 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2014 | 0.79 |
The correlation between VBND and FBND shifts across timeframes, from 0.79 (all time) to 0.90 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
VBND vs. FBND — Risk / Return Rank
VBND
FBND
VBND vs. FBND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vident U.S. Bond Strategy ETF (VBND) and Fidelity Total Bond ETF (FBND). 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.
| VBND | FBND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.13 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.06 | 1.09 | -0.03 |
| Martin ratioReturn relative to average drawdown | 2.72 | 2.77 | -0.05 |
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Drawdowns
VBND vs. FBND - Drawdown Comparison
The maximum VBND drawdown since its inception was -18.97%, which is greater than FBND's maximum drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for VBND and FBND.
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Drawdown Indicators
| VBND | FBND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.97% | -17.25% | -1.72% |
Max Drawdown (1Y)Largest decline over 1 year | -2.82% | -2.66% | -0.16% |
Max Drawdown (3Y)Largest decline over 3 years | -4.60% | -4.95% | +0.35% |
Max Drawdown (5Y)Largest decline over 5 years | -18.84% | -17.25% | -1.59% |
Max Drawdown (10Y)Largest decline over 10 years | -18.97% | -17.25% | -1.72% |
Current DrawdownCurrent decline from peak | -1.84% | -2.24% | +0.40% |
Average DrawdownAverage peak-to-trough decline | -4.17% | -3.32% | -0.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.09% | 1.05% | +0.04% |
Volatility
VBND vs. FBND - Volatility Comparison
Vident U.S. Bond Strategy ETF (VBND) has a higher volatility of 1.01% compared to Fidelity Total Bond ETF (FBND) at 0.95%. This indicates that VBND's price experiences larger fluctuations and is considered to be riskier than FBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VBND | FBND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.01% | 0.95% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 2.94% | 2.94% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.12% | 3.77% | +0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.12% | 5.93% | +0.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.45% | 6.10% | -0.65% |
VBND vs. FBND - Expense Ratio Comparison
VBND has a 0.41% expense ratio, which is higher than FBND's 0.36% expense ratio.
Dividends
VBND vs. FBND - Dividend Comparison
VBND's dividend yield for the trailing twelve months is around 4.35%, less than FBND's 4.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBND Fidelity Total Bond ETF | 4.77% | 4.70% | 4.73% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% |
VBND Vident U.S. Bond Strategy ETF | 4.35% | 4.22% | 4.41% | 3.88% | 2.55% | 1.56% | 1.98% | 3.14% | 2.82% | 2.00% | 3.12% | 1.49% |
Frequently Asked Questions
VBND and FBND have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VBND has higher volatility (1.01%) compared to FBND (0.95%). In terms of maximum drawdown, VBND dropped -18.97% vs FBND's -17.25%.
On 10-year performance, FBND leads with 2.27% vs 1.29% for VBND. On fees, FBND is cheaper at 0.36% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, FBND has performed better with a 2.27% return vs 1.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FBND is cheaper with a 0.36% expense ratio, compared with 0.41% for VBND.
FBND has the higher dividend yield at 4.77%, compared with 4.35% for VBND.
They also come from different issuers: Vident and Fidelity. Their fees differ too: 0.41% for VBND and 0.36% for FBND.
FBND currently has the higher Sharpe Ratio (0.77 vs 0.73), 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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