ETF comparison

FBND vs SPAB

Both US Aggregate Bond.

Fidelity Total Bond ETF · State Street SPDR Portfolio Aggregate Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
16.3 %

530 positions appear in both funds. Buying equal dollars of FBND and SPAB would leave roughly 16.3% of each dollar exposed to the same underlying securities.

FBND only 94.5% Shared 16.3% SPAB only 82.8%
In FBND only
3,862 positions
Shared
530 positions
In SPAB only
7,798 positions

Side by side

FBND

Fidelity Total Bond ETF

Fidelity · US Aggregate Bond

74 composite / 100
Expense ratio
0.36%
Net assets
$26.62B
TTM yield
4.70%
Top-10 conc.
19.4%
SPAB

State Street SPDR Portfolio Aggregate Bond ETF

State Street · US Aggregate Bond

89 composite / 100
Expense ratio
0.030%
Net assets
$9.63B
TTM yield
4.08%
Top-10 conc.
9.3%

Sub-score comparison

64
Cost
97
51
Tax efficiency
52
100
Liquidity
99
87
Concentration
100
Tracking quality
FBND sub-score SPAB

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SPAB is 33 bps cheaper than FBND. On a $100,000 position that's about $330/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 the cost calculator pre-filled with FBND vs SPAB.

Top shared holdings

530 shared in total
# Holding In FBND In SPAB Overlap
1 UST NOTES 0.96% 0.42% 0.42%
2 UST NOTES 0.94% 0.39% 0.39%
3 UST NOTES 2.23% 0.37% 0.37%
4 UST NOTES 1.53% 0.37% 0.37%
5 UST NOTES 2.12% 0.36% 0.36%
6 UST NOTES 1.30% 0.36% 0.36%
7 UST NOTES 0.50% 0.35% 0.35%
8 UST NOTES 0.37% 0.34% 0.34%
9 UST NOTES 0.51% 0.33% 0.33%
10 UST NOTES 0.57% 0.30% 0.30%
11 UST NOTES 0.57% 0.29% 0.29%
12 UNITED STATES TREASURY BOND 0.42% 0.29% 0.29%

Only in FBND

3,862 total
  • Fidelity Revere Street Trust 2.92%
  • GNMA II GTD PASS THRU CTF MULTIPLE ISSUER 1.32%
  • GNMA II GTD PASS THRU CTF MULTIPLE ISSUER 1.04%
  • FNMA/FHLG TBA ISSUER 0.80%
  • FNMA/FHLG TBA ISSUER 0.77%
  • FNMA/FHLG TBA ISSUER 0.76%
  • GNMA II GTD PASS THRU CTF MULTIPLE ISSUER 0.54%
  • FNMA/FHLG TBA ISSUER 0.48%
  • MORGAN STANLEY 0.31%
  • WELLS FARGO and CO 0.30%

Only in SPAB

7,798 total
  • State Street Global Advisors 1.15%
  • United States Treasury 0.85%
  • United States Treasury 0.45%
  • United States Treasury 0.44%
  • United States Treasury 0.43%
  • UMBS, TBA 0.38%
  • United States Treasury 0.37%
  • United States Treasury 0.36%
  • United States Treasury 0.34%
  • United States Treasury 0.33%

Open FBND or SPAB 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 methodology and 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.