Filings Digest
11 Strive funds will move to NYSE Arca on Dec. 15
Fidelity Total Bond ETF
$44.160.00 (0.00%)
- 0.36%
- $27.9B
- −0.2%
- 4.80%
- 3.83M sh
- low $43.11high $46.78
The ETF.net FBND Grade
A
Score 73 out of 100
- 6 of 29
Score 73 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B64 out of 100Rank 11 of 29Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 27Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D36 out of 100Rank 22 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A83 out of 100Rank 2 of 29Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B64 out of 100Rank 12 of 29Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A89 out of 100Rank 1 of 29
Our read on FBND
In short
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.
Stated mandate
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
Worth knowing
FBND Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FBND$9,980
Returns run to the Oct 30, 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 | −0.4% |
| 1 month | +2.4% |
| 3 months | −0.1% |
| 1 year | −0.2% |
| 3 years | +5.9% |
| 5 years | +0.5% |
| 10 years | +2.2% |
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 | −0.4% | |
| 2025 | +7.6% | |
| 2024 | +2.1% | |
| 2023 | +6.8% | |
| 2022 | −12.5% | |
| 2021 | −0.4% | |
| 2020 | +9.4% |
FBND in the news
FBND Dividends
- 4.80%
- $2.12
- $0.18 per share
- Monthly
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.
- 0.26
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.
- −16.9%
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.
FMP measures it over up to five years of monthly returns.
FBND Cost
Overpaying vs BNDW, cheapest in Global Aggregate Bond (Unhedged)
$6,260
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
FBND 0.36%
$7,320
BNDW 0.05% Cheapest
$1,060
Cost over time
Year by year
| Year | FBND | BNDW | Overpaying |
|---|---|---|---|
| 10 | $652 | $92 | $560 |
| 20 | $2,522 | $360 | $2,162 |
| 30 | $7,320 | $1,060 | $6,260 |
Other funds in Global Aggregate Bond (Unhedged)
- ADFSBDimensional Global Sustainability Fixed Income ETFExpense ratio 0.23%1 year return −0.2%
- AEVTREaton Vance Total Return Bond ETFExpense ratio 0.32%1 year return +0.1%
- BBINCiShares Flexible Income Active ETFExpense ratio 0.40%1 year return +1.1%
- BCPLBNYLI MacKay Core Plus Bond ETFExpense ratio 0.30%1 year return +0.4%
- BAPLUAllspring Core Plus ETFExpense ratio 0.31%1 year return −0.7%
