Which returned more over the last year, FLDR or TBIL?

In the year to Oct 20, 2026, with distributions reinvested, FLDR returned +3.2% and TBIL +3.7%.

Which is cheaper, FLDR or TBIL?

Neither: FLDR and TBIL both charge 0.15% a year. Fees come from each fund's prospectus.

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FLDR vs TBIL: Differences, Returns & Fees

On May 31, 2026 FLDR's duration was 0.8 years and TBIL's 0.2; both charge 0.15%. Net assets: $2.3bn on Sep 30, 2026 for Fidelity Low Duration Bond Factor ETF, and $7.6bn on Oct 19, 2026 for F/m US Treasury 3 Month Bill Fund.

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Answers cite the figures on this page.

Both cost 0.15% a year; their one-year returns differ by 0.5 points.

FLDR vs TBIL: Differences, Returns & Fees
	FLDR	TBIL
Expense ratio	0.15%	0.15%
Net assets, FLDR as of Sep 30, 2026 and TBIL as of Oct 19, 2026	$2.3bn	$7.6bn
Total return, 1 year	+3.2%	+3.7%
What it tracks	Fidelity Low Duration Investment Grade Factor Index	Bloomberg US Treasury Bellwether 3M Total Return USD Unhedged Index (I00087US)
Holdings in common	0%

Holdings in common uses holdings dated May 31, 2026.

+3.2%

FLDR total return, 1 year

+3.7%

TBIL total return, 1 year

0.15%

FLDR expense ratio

0.15%

TBIL expense ratio

Client brief · page 1 of 2Report BR-777FE29A44

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

What each follows. FLDR follows Fidelity Low Duration Investment Grade Factor Index and TBIL follows Bloomberg US Treasury Bellwether 3M Total Return USD Unhedged Index (I00087US).
Holdings in common. 0% of the weight is in the same securities (holdings dated May 31, 2026).
Number of holdings. FLDR holds 352 positions and TBIL holds 1.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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What they hold in common

By the books each fund has filed, FLDR and TBIL hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding FLDR TBIL

Only in FLDR

UST NOTES 3.875% 08/15/2034, due Aug 15, 2034 1.48%

UST NOTES 4.25% 08/15/2035, due Aug 15, 2035 1.30%

UST NOTES 4.25% 05/15/2035, due May 15, 2035 1.23%

UST NOTES 3.875% 08/15/2033, due Aug 15, 2033 1.10%

UST NOTES 4% 11/15/2035, due Nov 15, 2035 1.00%

UST NOTES 4% 02/15/2034, due Feb 15, 2034 0.98%

UST NOTES 4.5% 11/15/2033, due Nov 15, 2033 0.91%

UST NOTES 4.375% 05/15/2034, due May 15, 2034 0.89%

Only in TBIL

United States Treasury Bill, due Aug 27, 2026 100.01%

Check overlap with more funds →

On the same fields

FLDR

Fidelity Low Duration Bond Factor ETF

TBIL

F/m US Treasury 3 Month Bill Fund

Where it sits Bond ETF Bond ETF

Issuer Fidelity F/m

What it is Tracks an index Tracks an index

Total return, 1 year +3.2% +3.7%

Expense ratio 0.15% 0.15%

Holdings 352 1

Net assets, FLDR as of Sep 30, 2026 and TBIL as of Oct 19, 2026 $2.3bn $7.6bn

FLDR and TBIL on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About FLDR

FLDR tracks an index. Over the year to Oct 20, 2026 it returned +3.2% with distributions reinvested. The prospectus expense ratio is 0.15% a year.

About TBIL

TBIL tracks an index. Over the year to Oct 20, 2026 it returned +3.7% with distributions reinvested.

Questions people ask

Which returned more over the last year, FLDR or TBIL?: In the year to Oct 20, 2026, with distributions reinvested, FLDR returned +3.2% and TBIL +3.7%.
Which is cheaper, FLDR or TBIL?: Neither: FLDR and TBIL both charge 0.15% a year. Fees come from each fund's prospectus.

Other comparisons

BILS vs FLDR FLDR vs FLTR FLDR vs VNLA FLDR vs FLRN GBIL vs TBIL ICSH vs TBIL FLOT vs TBIL IBTH vs TBIL

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

Where these figures came from

FLDR filings on SEC EDGAR ↗FLDR prospectus with the expense ratio (SEC) ↗Fidelity website ↗TBIL filings on SEC EDGAR ↗TBIL prospectus with the expense ratio (SEC) ↗F/m page for TBIL ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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, FLDR against TBIL, data as of Oct 20, 2026. https://etfiq.com/compare/any/fldr-vs-tbil

Open data

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