Which returned more over the last year, FBND or FIXD?

In the year to Oct 28, 2026, with distributions reinvested, FBND returned −1.5% and FIXD −2.6%.

Which is cheaper, FBND or FIXD?

FBND is cheaper, by 0.29 percentage points a year. That is about $29 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

FBND vs FIXD: Differences, Returns & Fees

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On Aug 31, 2026 FBND's duration was 5.6 years and FIXD's 6.2; FBND charges 0.36% to FIXD's 0.65%.

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Net assets: $27.9bn on Sep 30, 2026 for Fidelity Total Bond ETF, and $2.8bn on Oct 27, 2026 for First Trust Smith Opportunistic Fixed Income ETF.

FBND on its own →FIXD on its own →

At a glance

−1.5%

FBND total return, 1 year

−2.6%

FIXD total return, 1 year

0.36%

FBND expense ratio

0.65%

FIXD expense ratio

Pair scorecard

FBND costs 0.29 points a year less; their one-year returns differ by 1.1 points.

FBND vs FIXD: Differences, Returns & Fees
Measure	FBND	FIXD
Return
Measure	FBND	FIXD
Total return, 1 year	−1.5%	−2.6%
Drawdown
Measure	FBND	FIXD
Below its high		5.7%, high on Aug 4, 2021
Benchmark
Measure	FBND	FIXD
What it tracks	No index, actively managed	No index, actively managed
Cost and size
Measure	FBND	FIXD
Expense ratio	0.36%	0.65%
Net assets, FBND as of Sep 30, 2026 and FIXD as of Oct 27, 2026	$27.9bn	$2.8bn
Holdings
Measure	FBND	FIXD
Holdings in common	7%

Holdings in common uses holdings dated Aug 31, 2026. Method

Risk and return

Feb 24, 2017 to Oct 23, 2026 · 504 weekly returns

FBND FIXD

Return

Total return edge FBND +23.9% +16.8%

Annualized edge FBND +2.2% +1.6%

Price return edge FBND −11.9% −17.3%

Risk

Volatility edge FIXD (slight) 6.1% 5.9%

Max drawdown edge FBND −16.8% −20.1%

Risk-adjusted

Sharpe edge FBND −0.03 −0.14

Sortino edge FBND −0.04 −0.19

Calmar edge FBND 0.13 0.08

Reading

FBND returned more: +23.9% to +16.8%. FIXD swung slightly less: 5.9% to 6.1%. FBND fell less at its worst: −16.8% to −20.1%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: FBND vs FIXD: Differences, Returns & Fees
Measure	FBND	FIXD	Edge	How it is measured
Return
Total return	+23.9%	+16.8%	FBND	Price change plus distributions, reinvested.
Annualized	+2.2%	+1.6%	FBND	Total return as a yearly rate.
Price return	−11.9%	−17.3%	FBND	Price change alone, distributions left out.
Risk
Volatility	6.1%	5.9%	FIXD (slight)	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	4.4%	4.3%	Tie	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−16.8%	−20.1%	FBND	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	−0.03	−0.14	FBND	Return above Treasury bills per unit of volatility.
Sortino	−0.04	−0.19	FBND	Return above Treasury bills per unit of downside deviation.
Calmar	0.13	0.08	FBND	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 504 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, FBND and FIXD hold 7% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026.

50%

0 half 100%

half

7% in common

Positions both hold · largest shared weight first FBND FIXD

UST NOTES 4.375% 05/15/2036, due May 15, 2036 2.73% 4.97%

UNITED STATES TREASURY BOND 5% 05/15/2056, due May 15, 2056 1.36% 2.71%

UNITED STATES TREASURY BOND 4.625% 11/15/2055, due Nov 15, 2055 0.73% 2.58%

UNITED STATES TREASURY BOND 4.75% 08/15/2055, due Aug 15, 2055 1.00% 0.48%

UST NOTES 4.375% 07/31/2031, due Jul 31, 2031 0.30% 1.00%

UST NOTES 4.625% 08/15/2036, due Aug 15, 2036 0.22% 4.31%

UNITED STATES TREASURY BOND 4.625% 11/15/2045, due Nov 15, 2045 0.09% 3.39%

FHLG 30YR 3% 03/01/2052#SD7553, due Mar 1, 2052 0.08% 0.59%

BOEING CO 6.528% 05/01/2034, due May 1, 2034 0.06% 0.53%

UNITED STATES TREASURY BOND 5.125% 08/15/2056, due Aug 15, 2056 0.06% 1.25%

WELLS FARGO and CO NEW 5.605%/VAR 04/23/2036, due Apr 23, 2036 0.06% 0.45%

HUT 8 DC LLC 6.192% 11/15/2042 144A, due Nov 15, 2042 0.06% 0.25%

Only in one fund ↓

Only in FBND

UST NOTES 4.125% 02/15/2036, due Feb 15, 2036 2.04%

UMBS 30YR 2% 09/01/2056 #TBA, due Sep 1, 2056 1.99%

UST NOTES 4.25% 08/15/2035, due Aug 15, 2035 1.97%

UNITED STATES TREASURY BOND 4.25% 02/15/2054, due Feb 15, 2054 1.37%

UST NOTES 3.875% 12/31/2032, due Dec 31, 2032 1.36%

GNII II 5.5% 09/01/2056 #TBA, due Sep 1, 2056 1.28%

UMBS 30YR 2% 10/01/2056 #TBA, due Oct 1, 2056 1.25%

UNITED STATES TREASURY BOND 4.5% 11/15/2054, due Nov 15, 2054 1.12%

Only in FIXD

T 4.125 10/31/29, due Oct 31, 2029 2.17%

GILCN 5.4 10/07/35 144A, due Oct 7, 2035 0.82%

T 1.625 11/15/50, due Nov 15, 2050 0.74%

FCNCA V6.254 03/12/40, due Mar 12, 2040 0.70%

FN FA4541, due Feb 1, 2056 0.68%

ACI 6.5 02/15/28 144A, due Feb 15, 2028 0.65%

G2 MA8347, due Oct 20, 2052 0.63%

G2 788648, due Dec 20, 2052 0.62%

Check overlap with more funds →

Side by side

FBND Fidelity Total Bond ETF FIXD First Trust Smith Opportunistic Fixed Income ETF

Where it sits Bond ETF Bond ETF

Issuer Fidelity First Trust

What it is Actively managed Actively managed

Total return, 1 year −1.5% −2.6%

Its benchmark over the same days not measured −1.4% (AGG)

Gap to its benchmark not measured −1.2 pts vs AGG

Expense ratio 0.36% 0.65%

Holdings 4696 410

Net assets, FBND as of Sep 30, 2026 and FIXD as of Oct 27, 2026 $27.9bn $2.8bn

FBND and FIXD on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-B8D7212905

FBND and FIXD are built for the same job. How do they differ in cost, holdings and results?

Holdings in common. 7% of the weight is in the same securities (holdings dated Aug 31, 2026).
Number of holdings. FBND holds 4,696 positions and FIXD holds 410.
Cost. FBND charges 0.36% of assets a year and FIXD 0.65%, a gap of 0.29 points.

Data as of Oct 28, 2026.

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About each fund

FBND

FBND is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −1.5% with distributions reinvested. The prospectus expense ratio is 0.36% a year.

FIXD

FIXD is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −2.6% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.65% a year. It sat 5.7% below its high of Aug 4, 2021 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, FBND or FIXD?: In the year to Oct 28, 2026, with distributions reinvested, FBND returned −1.5% and FIXD −2.6%.
Which is cheaper, FBND or FIXD?: FBND is cheaper, by 0.29 percentage points a year. That is about $29 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

FBND vs PTRB FBND vs SMTH FBND vs FTCB FBND vs GTO FIXD vs FTCB FIXD vs GTO FIXD vs HTRB FIXD vs SYSB

Where to next

FBND on its own →FIXD on its own →Hold both: look the portfolio through →Rankings →FBND dividend history →FBND holdings →FIXD dividend history →FIXD holdings →Standards and sources →

Sources and dates

FBND filings on SEC EDGAR ↗

FBND prospectus with the expense ratio (SEC) ↗

Fidelity website ↗

FIXD filings on SEC EDGAR ↗

FIXD prospectus with the expense ratio (SEC) ↗

First Trust page for FIXD ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, FBND against FIXD, data as of Oct 28, 2026. https://etfiq.com/compare/any/fbnd-vs-fixd

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.