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ETFs

Fidelity Total Bond ETF

FBND
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 06 2014
Expense Ratio
0.36%
Type
US Bonds
Fund Owner
Fidelity
Volume (1m avg. daily)
$45,676,223
AUM
$5,050,729,948
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

CF.TAXMM
CASH CF
6.57%
n/a
USTN 3.625% 05/31/28
3.82%
n/a
USTN 4.375% 08/31/28
3.41%
n/a
USTB 3.625% 02/15/53
3.26%
n/a
USTN 4.125% 11/15/32
3.08%
n/a
USTN 3.875% 12/31/29
2.59%
n/a
USTN 4.125% 07/31/28
2.45%
n/a
UMBS 30YR 2% 11/53 #TBA
1.90%
n/a
USTN 3.5% 02/15/33
1.85%
n/a
USTN 3.375% 05/15/33
1.71%
Invest with FBND

What is FBND?

Fidelity Total Bond ETF is an actively managed exchange-traded fund incorporated in the USA. The fund seeks a high level of current income, normally investing at least 80% of assets in debt securities of all types and repurchase agreements for those securities.

ETFs related toFBND

ETFs correlated to FBND include SPAB, AVIG, IUSB

FBND
Fidelity Covington Trust - Fidelity Total Bond ETF
SPAB
SPDR Series Trust - SPDR Portfolio Aggregate Bond ETF
AVIG
American Century ETF Trust - Avantis Core Fixed Income ETF
IUSB
BlackRock Institutional Trust Company N.A. - iShares Core Total USD Bond Market ETF
SCHZ
Schwab Strategic Trust - Schwab US Aggregate Bond ETF
BND
Vanguard Group, Inc. - Vanguard Total Bond Market ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
SPBO
SPDR Series Trust - SPDR Portfolio Corporate Bond ETF
SCHI
Schwab Strategic Trust - Schwab 5-10 Year Corporate Bond ETF
AGG
BlackRock Institutional Trust Company N.A. - iShares Core U.S. Aggregate Bond ETF
AGGY
WisdomTree Trust - WisdomTree Yield Enhanced U.S. Aggregate Bond Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFBND

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#PTAC

Pick the Trending Asset Class

Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

Create your own algorithmic trading strategy with FBND using Composer

FAQ

FBND is a US Bonds ETF. Fidelity Total Bond ETF is an actively managed exchange-traded fund incorporated in the USA. The fund seeks a high level of current income, normally investing at least 80% of assets in debt securities of all types and repurchase agreements for those securities.

Yes, FBND is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, FBND is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FBND is -0.0129%. This is the percent change in the value of FBND over the most recent 1-month period. The 3-month return on FBND is -0.0294%. This is the percent change in the value of FBND over the most recent 3-month period.

The standard deviation of FBND for the past year is 0.0726%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FBND include GSY, GVI, and BLV.

ETFs correlated to FBND include SPAB, AVIG, and IUSB.

ETFs that are inversely correlated to FBND include TBX, PST, and TBF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.