ETF comparison
FBNDvsTLT
US Aggregate Bond vs US Treasury (Long).
Fidelity Total Bond ETF · iShares 20+ Year Treasury Bond ETF
Holdings overlap
26 positions appear in both funds. Buying equal dollars of FBND and TLT would leave roughly11.6%of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — seewhat we don't scorefor why.
Cost difference
TLT is 21 bps cheaper than FBND. On a $100,000 position that's about $210/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 TLT.
Top shared holdings
26 shared in total| # | Holding | In FBND | In TLT | Overlap |
|---|---|---|---|---|
| 1 | UNITED STATES TREASURY BOND | 1.53% | 4.03% | 1.53% |
| 2 | UNITED STATES TREASURY BOND | 1.26% | 3.46% | 1.26% |
| 3 | UNITED STATES TREASURY BOND | 1.12% | 2.90% | 1.12% |
| 4 | UNITED STATES TREASURY BOND | 1.04% | 4.46% | 1.04% |
| 5 | UNITED STATES TREASURY BOND | 0.96% | 3.95% | 0.96% |
| 6 | UNITED STATES TREASURY BOND | 0.84% | 3.62% | 0.84% |
| 7 | UNITED STATES TREASURY BOND | 0.83% | 2.54% | 0.83% |
| 8 | UNITED STATES TREASURY BOND | 0.82% | 4.40% | 0.82% |
| 9 | UNITED STATES TREASURY BOND | 0.75% | 3.94% | 0.75% |
| 10 | UNITED STATES TREASURY BOND | 0.60% | 2.97% | 0.60% |
| 11 | UNITED STATES TREASURY BOND | 0.47% | 4.58% | 0.47% |
| 12 | UNITED STATES TREASURY BOND | 0.39% | 3.80% | 0.39% |
Only in FBND
4,443 total- Fidelity Revere Street Trust4.62%
- UST NOTES2.34%
- UST NOTES2.21%
- UST NOTES2.17%
- UST NOTES1.81%
- UST NOTES1.49%
- UST NOTES1.20%
- FNMA/FHLG TBA ISSUER1.19%
- UST NOTES1.18%
- GNMA II GTD PASS THRU CTF MULTIPLE ISSUER1.14%
Only in TLT
21 total- United States of America3.86%
- United States of America2.81%
- United States of America2.73%
- United States of America2.63%
- United States of America2.55%
- United States of America2.42%
- United States of America2.35%
- United States of America2.11%
- United States of America1.78%
- BlackRock Funds III1.05%
Open FBND or TLT 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.