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ETF comparison

FBND vs VUSB

Both US Aggregate Bond.

Fidelity Total Bond ETF · Vanguard Ultra-Short Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.9 %

54 positions appear in both funds. Buying equal dollars of FBND and VUSB would leave roughly 0.9% of each dollar exposed to the same underlying securities.

FBND unmatched 109.2% Shared 0.9% VUSB unmatched 97.9%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In FBND only
4,415 positions
Shared
54 positions
In VUSB only
1,227 positions

Side by side

FBND

Fidelity Total Bond ETF

Fidelity · US Aggregate Bond

74 composite / 100
Expense ratio
0.36%
Net assets
$27.90B
TTM yield
4.80%
Top-10 conc.
19.8%
VUSB

Vanguard Ultra-Short Bond ETF

Vanguard · US Aggregate Bond

86 composite / 100
Expense ratio
0.10%
Net assets
$9.91B
TTM yield
4.28%
Top-10 conc.
8.8%

Sub-score comparison

64
Cost
90
51
Tax efficiency
52
100
Liquidity
100
86
Concentration
100
—
Tracking quality
—
FBND sub-score VUSB

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

Cost difference

VUSB is 26 bps cheaper than FBND. On a $100,000 position that's about $260/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 VUSB.

Top shared holdings

54 shared in total
# Holding In FBND In VUSB Overlap
1 BANK OF AMERICA CORPORATION 0.41% 0.19% 0.19%
2 WELLS FARGO and CO 0.29% 0.09% 0.09%
3 AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST 0.06% 0.23% 0.06%
4 SOFI CONSUMER LOAN PROGRAM 2026-2 TRUST 0.04% 0.08% 0.04%
5 SUMISHO AIR LEASE CORP 0.03% 0.14% 0.03%
6 GMF FLOORPLAN OWNER REVOLVING TR 0.03% 0.21% 0.03%
7 EXETER SELECT AUTOMOBILE RECEIVABLES TR 2025-3 0.03% 0.06% 0.03%
8 RKTL 2026-2 0.03% 0.37% 0.03%
9 JPMORGAN CHASE and CO 0.04% 0.03% 0.03%
10 GOLDMAN SACHS GROUP INC (THE) 0.03% 0.28% 0.03%
11 NATWEST GROUP PLC 0.02% 0.07% 0.02%
12 OCP CLO AEGIS 2024-39 LTD 0.10% 0.02% 0.02%

Only in FBND

4,415 total
  • Fidelity Revere Street Trust 4.62%
  • UST NOTES 2.34%
  • UST NOTES 2.21%
  • UST NOTES 2.17%
  • UST NOTES 1.81%
  • UNITED STATES TREASURY BOND 1.53%
  • UST NOTES 1.49%
  • UNITED STATES TREASURY BOND 1.26%
  • UST NOTES 1.20%
  • FNMA/FHLG TBA ISSUER 1.19%

Only in VUSB

1,227 total
  • United States Treasury Bill 4.19%
  • United States Treasury Note/Bond 0.67%
  • PNC Financial Services Group Inc/The 0.58%
  • United States Treasury Note/Bond 0.52%
  • Regions Bank/Birmingham AL 0.51%
  • US Bancorp 0.50%
  • Charles Schwab Corp/The 0.49%
  • Truist Bank 0.44%
  • Westlake Flooring Master Trust 0.44%
  • DLLAD 2024-1 LLC 0.43%

Percentages are holdings overlap with the named fund.

Open FBND or VUSB 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.