ETF comparison

FBNDvsPYLD

Both US Aggregate Bond.

Fidelity Total Bond ETF · PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund

Holdings overlap

Weighted by ISIN/CUSIP
2.7%

201 positions appear in both funds. Buying equal dollars of FBND and PYLD would leave roughly2.7%of each dollar exposed to the same underlying securities.

FBND only 107.3%Shared 2.7%PYLD only 107.8%
In FBND only
4,268 positions
Shared
201 positions
In PYLD only
1,557 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%
PYLD

PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund

PIMCO · US Aggregate Bond

58composite / 100
Expense ratio
0.64%
Net assets
$15.69B
TTM yield
6.50%
Top-10 conc.
36.1%

Sub-score comparison

64
Cost
36
51
Tax efficiency
47
100
Liquidity
100
86
Concentration
63
Tracking quality
FBNDsub-scorePYLD

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

Cost difference

FBND is 28 bps cheaper than PYLD. On a $100,000 position that's about $280/yr more in fees for PYLD.

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 PYLD.

Top shared holdings

201 shared in total
#HoldingIn FBNDIn PYLDOverlap
1PETROLEOS MEXICANOS0.20%0.24%0.20%
2FED HOME LOAN MTG CORP - GOLD0.10%0.27%0.10%
3UNITED STATES TREASURY BOND0.10%1.20%0.10%
4MORGAN STANLEY0.30%0.09%0.09%
5FNMA/FHLG TBA ISSUER0.09%0.29%0.09%
6HPS CORPORATE LENDING FUND0.11%0.08%0.08%
7PETROLEOS MEXICANOS0.13%0.08%0.08%
8MSCI INC0.06%0.16%0.06%
9SLAM 2025-10.06%0.16%0.06%
10VICI PROPERTIES LP0.09%0.06%0.06%
11DRYDEN 108 CLO LTD / DRYDEN 108 CLO LLC0.06%0.11%0.06%
12BOEING CO0.06%0.09%0.06%

Only in FBND

4,268 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 PYLD

1,557 total
  • UMBS, TBA7.01%
  • UMBS, TBA6.55%
  • UMBS, TBA4.83%
  • Fannie Mae2.97%
  • UMBS, TBA1.78%
  • UMBS, TBA1.42%
  • Freddie Mac1.06%
  • REPUBLIC OF PERU0.89%
  • REPUBLIC OF SOUTH AFRICA0.79%
  • United States Treasury0.70%

Open FBND or PYLD 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.