ETF comparison

FBNDvsJAAA

Both US Aggregate Bond.

Fidelity Total Bond ETF · Janus Henderson AAA CLO ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.8%

18 positions appear in both funds. Buying equal dollars of FBND and JAAA would leave roughly0.8%of each dollar exposed to the same underlying securities.

FBND only 109.2%Shared 0.8%JAAA only 95.8%
In FBND only
4,451 positions
Shared
18 positions
In JAAA only
582 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%
JAAA

Janus Henderson AAA CLO ETF

Janus Henderson · US Aggregate Bond

82composite / 100
Expense ratio
0.20%
Net assets
$30.24B
TTM yield
4.89%
Top-10 conc.
11.9%

Sub-score comparison

64
Cost
80
51
Tax efficiency
51
100
Liquidity
100
86
Concentration
97
Tracking quality
FBNDsub-scoreJAAA

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

Cost difference

JAAA is 16 bps cheaper than FBND. On a $100,000 position that's about $160/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 JAAA.

Top shared holdings

18 shared in total
#HoldingIn FBNDIn JAAAOverlap
1MAGNETITE XXVI LTD / MAGNETITE XXVI LLC0.22%0.19%0.19%
2PEACE PARK CLO LTD0.10%0.19%0.10%
3OHA CREDIT FUNDING 16-R LTD0.08%0.08%0.08%
4RR 27 LTD0.12%0.06%0.06%
5BAIN CAPITAL CREDIT CLO 2023-4 LTD0.06%0.11%0.06%
6RRAM 2022-24A0.05%0.07%0.05%
7CEDAR FDG XII CLO LTD / CEDAR FDG XII CLO LLC0.05%0.09%0.05%
8SIXTH STREET CLO XVIII LTD0.04%0.07%0.04%
9BENEFIT STREET PARTNERS CLO 43 LTD0.05%0.04%0.04%
10ALLEGRO CLO XII LTD0.04%0.10%0.04%
11CARLYLE US CLO 2021-10 LTD0.03%0.65%0.03%
12MAGNETITE XLI LTD0.03%0.14%0.03%

Only in FBND

4,451 total
  • Fidelity Revere Street Trust4.62%
  • UST NOTES2.34%
  • UST NOTES2.21%
  • UST NOTES2.17%
  • UST NOTES1.81%
  • UNITED STATES TREASURY BOND1.53%
  • UST NOTES1.49%
  • UNITED STATES TREASURY BOND1.26%
  • UST NOTES1.20%
  • FNMA/FHLG TBA ISSUER1.19%

Only in JAAA

582 total
  • KKR CLO 35 Ltd.0.93%
  • AB BSL CLO 1 Ltd.0.85%
  • Anchorage Capital CLO 16 Ltd.0.79%
  • Anchorage Capital CLO 17 Ltd.0.77%
  • Carlyle US CLO Ltd.0.68%
  • Regatta XIX Funding Ltd.0.65%
  • Magnetite XXXII Ltd.0.65%
  • Galaxy 35 CLO Ltd.0.64%
  • Symphony CLO XVIII Ltd.0.64%
  • OFSI BSL XV CLO Ltd.0.63%

Open FBND or JAAA 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.