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

In the year to Oct 20, 2026, with distributions reinvested, FLDR returned +3.2% and TBLL +3.6%.

Which is cheaper, FLDR or TBLL?

TBLL is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.

Share on X Download as PDF

Compare their flows Ask IQ about these two funds

FLDR vs TBLL: Differences, Returns & Fees

On May 31, 2026 FLDR's duration was 0.8 years and TBLL's 0.3; TBLL charges 0.08% to FLDR's 0.15%. Net assets: $2.3bn on Sep 30, 2026 for Fidelity Low Duration Bond Factor ETF, and $2.6bn on Oct 20, 2026 for Invesco Short Term Treasury ETF.

Ask IQ about this page

Ask IQ about FLDR and TBLL

Answers cite the figures on this page.

TBLL costs 0.07 points a year less; their one-year returns differ by 0.4 points; TBLL is 1.6 times larger.

FLDR vs TBLL: Differences, Returns & Fees
	FLDR	TBLL
Expense ratio	0.15%	0.08%
Net assets, as of May 31, 2026	$1.6bn	$2.6bn
Total return, 1 year	+3.2%	+3.6%
What it tracks	Fidelity Low Duration Investment Grade Factor Index	ICE U.S. Treasury Short Bond Index
Holdings in common	0%

Holdings in common uses holdings dated May 31, 2026.

+3.2%

FLDR total return, 1 year

+3.6%

TBLL total return, 1 year

0.15%

FLDR expense ratio

0.08%

TBLL expense ratio

Client brief · page 1 of 2Report BR-F240180281

FLDR and TBLL 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 TBLL follows ICE U.S. Treasury Short Bond Index.
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 TBLL holds 93.

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.

Take this comparison to a client

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Not advice. The brief uses the figures on this page, with the data date and a report id. Saved comparisons are listed on your saved page; privacy.

What they hold in common

By the books each fund has filed, FLDR and TBLL 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 TBLL

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 TBLL

U.S. Treasury Bills, due Jun 18, 2026 2.79%

U.S. Treasury Bills, due Jun 4, 2026 2.68%

U.S. Treasury Bills, due Jun 25, 2026 2.65%

U.S. Treasury Bills, due Jul 2, 2026 2.62%

U.S. Treasury Bills, due Jul 9, 2026 2.57%

U.S. Treasury Bills, due Jul 16, 2026 2.30%

U.S. Treasury Bills, due Sep 3, 2026 2.23%

U.S. Treasury Bills, due Oct 29, 2026 2.15%

Check overlap with more funds →

On the same fields

FLDR

Fidelity Low Duration Bond Factor ETF

TBLL

Invesco Short Term Treasury ETF

Where it sits Bond ETF Bond ETF

Issuer Fidelity Invesco

What it is Tracks an index Tracks an index

Total return, 1 year +3.2% +3.6%

Its benchmark over the same days not measured +3.6% (TRSY)

Gap to its benchmark not measured 0.0 pts vs TRSY

Expense ratio 0.15% 0.08%

Holdings 352 93

Net assets, FLDR as of Sep 30, 2026 and TBLL as of Oct 20, 2026 $2.3bn $2.6bn

FLDR and TBLL 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 TBLL

TBLL tracks an index. Over the year to Oct 20, 2026 it returned +3.6% with distributions reinvested, against +3.6% for its benchmark, the ICE U.S. Treasury Short Bond Index. The prospectus expense ratio is 0.08% a year.

Questions people ask

Which returned more over the last year, FLDR or TBLL?: In the year to Oct 20, 2026, with distributions reinvested, FLDR returned +3.2% and TBLL +3.6%.
Which is cheaper, FLDR or TBLL?: TBLL is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

FLDR vs IBDR FLDR vs IBTH CLIP vs FLDR BSCQ vs FLDR TBLL vs TBUX TBLL vs XHLF TBLL vs VRIG IBTG vs TBLL

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

Where these figures came from

FLDR filings on SEC EDGAR ↗FLDR prospectus with the expense ratio (SEC) ↗Fidelity website ↗TBLL filings on SEC EDGAR ↗TBLL prospectus with the expense ratio (SEC) ↗Invesco page for TBLL ↗

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 TBLL, data as of Oct 20, 2026. https://etfiq.com/compare/any/fldr-vs-tbll

Open data

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