ETF comparison

FBNDvsGOVT

US Aggregate Bond vs US Treasury (Intermediate).

Fidelity Total Bond ETF · iShares U.S. Treasury Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
16.2%

62 positions appear in both funds. Buying equal dollars of FBND and GOVT would leave roughly16.2%of each dollar exposed to the same underlying securities.

FBND only 93.9%Shared 16.2%GOVT only 82.8%
In FBND only
4,407 positions
Shared
62 positions
In GOVT only
162 positions

Side by side

FBND

Fidelity Total Bond ETF

Fidelity · US Aggregate Bond

74composite / 100
Expense ratio
0.36%
Net assets
$28.16B
TTM yield
4.78%
Top-10 conc.
19.8%
GOVT

iShares U.S. Treasury Bond ETF

iShares · US Treasury (Intermediate)

87composite / 100
Expense ratio
0.050%
Net assets
$41.82B
TTM yield
3.73%
Top-10 conc.
21.7%

Sub-score comparison

64
Cost
95
51
Tax efficiency
58
100
Liquidity
100
86
Concentration
83
Tracking quality
FBNDsub-scoreGOVT

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

GOVT is 31 bps cheaper than FBND. On a $100,000 position that's about $310/yr more in fees for FBND.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with FBND vs GOVT.

Top shared holdings

62 shared in total
#HoldingIn FBNDIn GOVTOverlap
1UST NOTES1.81%0.93%0.93%
2UST NOTES2.17%0.81%0.81%
3UST NOTES1.02%0.78%0.78%
4UST NOTES0.93%0.61%0.61%
5UNITED STATES TREASURY BOND0.84%0.61%0.61%
6UST NOTES0.59%0.85%0.59%
7UNITED STATES TREASURY BOND0.82%0.55%0.55%
8UST NOTES0.54%0.76%0.54%
9UNITED STATES TREASURY BOND0.75%0.53%0.53%
10UST NOTES1.49%0.49%0.49%
11UST NOTES2.21%0.49%0.49%
12UST NOTES0.48%0.82%0.48%

Only in FBND

4,407 total
  • Fidelity Revere Street Trust4.62%
  • UST NOTES2.34%
  • FNMA/FHLG TBA ISSUER1.19%
  • GNMA II GTD PASS THRU CTF MULTIPLE ISSUER1.14%
  • UST NOTES1.02%
  • GNMA II GTD PASS THRU CTF MULTIPLE ISSUER0.89%
  • FNMA/FHLG TBA ISSUER0.83%
  • GNMA II GTD PASS THRU CTF MULTIPLE ISSUER0.76%
  • FNMA/FHLG TBA ISSUER0.73%
  • UST NOTES0.47%

Only in GOVT

162 total
  • United States of America5.25%
  • United States of America2.92%
  • United States of America2.60%
  • United States of America2.06%
  • United States of America1.59%
  • United States of America1.51%
  • United States of America1.49%
  • United States of America1.39%
  • United States of America1.37%
  • United States of America1.34%

Open FBND or GOVT at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodologyand funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see/methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.