Fidelity Total Bond ETF
$43.95−0.40 (−0.89%)
- Expense ratio
- 0.36%
- Fund size
- $28.2B
- 1Y return
- +0.2%
- Yield · Last 12 months
- 4.77%
- Holdings
- 2742
- Volume · 30D
- 3.1M sh
- NAV per share
- $44.31
- 52W range
The ETF.net FBND Grade
Score 73 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 66Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 34Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 83Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 62Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 89Category rank
Our read on FBND
AAn active core bond fund in an ETF wrapper: Fidelity treats the Bloomberg U.S. Aggregate as a benchmark, not a cage, adding high-yield and emerging-market debt to the investment-grade base. Pays monthly.
The fund seeks a high level of current income. It normally invests at least 80% of assets in debt securities and repurchase agreements, diversifying across investment-grade, high-yield, and emerging-market debt.
Why people hold it
- Active where the core-bond aisle is mostly passive: the mandate spans investment-grade, high-yield and emerging-market debt, so the manager can go where the index barely reaches.institutional.fidelity.com
- Roughly 2,700 bonds across the credit spectrum, with income paid monthly. One ticket instead of three separate sleeves.
- Trading since 2014 at 0.36%, the median fee for its category. Fidelity isn't charging a premium for the active label.
- A multi-billion-dollar fund that trades actively, so getting in or out is rarely the hard part.
Worth knowing
- The index Aggs are far cheaper: BND, AGG and SPAB all run 0.03%. That gap is the hurdle the active calls have to clear every year.
- High-yield and emerging-market debt add credit risk that a pure Aggregate tracker does not carry.institutional.fidelity.com
- Outcomes ride on the manager's decisions, not index replication. The Aggregate is the yardstick here, not the holdings list.
FBND Holdings
- Stocks
- 2,742
- 17%
- CASH CF
Sectors
- Industrials68.8%
- Utilities30.7%
- Energy0.5%
Geography
- United States90.50%
- Mexico1.41%
- United Kingdom1.30%
- Ireland0.77%
- Canada0.59%
- France0.52%
- Luxembourg0.45%
- Japan0.42%
- 4.04%
FBND Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FBND |
|---|---|
| Year to date | −0.8% |
| 1 month | −0.9% |
| 3 months | −1.4% |
| 1 year | +0.2% |
| 3 years | +4.9% |
| 5 years | +0.2% |
| 10 years | +2.1% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FBND |
|---|---|---|
| 2026 YTD | −0.8% | |
| 2025 | +7.6% | |
| 2024 | +2.1% | |
| 2023 | +6.8% | |
| 2022 | −12.5% | |
| 2021 | −0.4% | |
| 2020 | +9.4% |
FBND in the news
ETF.net Research hasn’t filed on FBND yet — coverage lands here as it’s written.
FBND Dividends
- 4.77%
- $2.11
- $0.17 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 28, 2026 | Sep 1, 2026 | $0.17 |
| Jul 30, 2026 | Aug 3, 2026 | $0.18 |
| Jun 29, 2026 | Jul 1, 2026 | $0.17 |
| May 28, 2026 | Jun 1, 2026 | $0.17 |
| Apr 29, 2026 | May 1, 2026 | $0.17 |
| Mar 30, 2026 | Apr 1, 2026 | $0.18 |
| Feb 26, 2026 | Mar 2, 2026 | $0.16 |
| Jan 29, 2026 | Feb 2, 2026 | $0.15 |
| Dec 30, 2025 | Jan 2, 2026 | $0.27 |
| Nov 26, 2025 | Dec 1, 2025 | $0.17 |
| Oct 30, 2025 | Nov 3, 2025 | $0.17 |
| Sep 29, 2025 | Oct 1, 2025 | $0.17 |
FBND Risk
- 5.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.03
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −17.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.99
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FBND Cost
- The middle half of Global Aggregate Bond (Unhedged) funds
- Median 0.41%
10 of the 27 Global Aggregate Bond (Unhedged) funds charge less.