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ETF comparison

FBND vs GOVT

US Aggregate Bond vs US Treasury (Intermediate).

Fidelity Total Bond ETF · iShares U.S. Treasury Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
17.7 %

69 positions appear in both funds. Buying equal dollars of FBND and GOVT would leave roughly 17.7% of each dollar exposed to the same underlying securities.

FBND unmatched 92.1% Shared 17.7% GOVT unmatched 81.1%

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
4,561 positions
Shared
69 positions
In GOVT only
145 positions

Side by side

FBND

Fidelity Total Bond ETF

Fidelity · US Aggregate Bond

74 composite / 100
Expense ratio
0.36%
Net assets
$28.43B
TTM yield
4.82%
Top-10 conc.
18.5%
GOVT

iShares U.S. Treasury Bond ETF

iShares · US Treasury (Intermediate)

88 composite / 100
Expense ratio
0.050%
Net assets
$43.16B
TTM yield
3.47%
Top-10 conc.
21.7%

Sub-score comparison

64
Cost
95
51
Tax efficiency
59
100
Liquidity
100
88
Concentration
N/A
—
Tracking quality
—
FBND sub-score GOVT

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

Cost difference

GOVT is 31 bps cheaper than FBND. On a $100,000 position that's about $310/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 GOVT.

Top shared holdings

69 shared in total
# Holding In FBND In GOVT Overlap
1 UST NOTES 1.97% 0.80% 0.80%
2 UST NOTES 0.92% 0.77% 0.77%
3 UST NOTES 2.04% 0.73% 0.73%
4 UST NOTES 1.04% 0.62% 0.62%
5 UST NOTES 0.87% 0.61% 0.61%
6 UNITED STATES TREASURY BOND 0.75% 0.60% 0.60%
7 UST NOTES 0.54% 0.84% 0.54%
8 UNITED STATES TREASURY BOND 0.73% 0.54% 0.54%
9 UST NOTES 0.54% 0.92% 0.54%
10 UST NOTES 0.53% 0.76% 0.53%
11 UNITED STATES TREASURY BOND 0.66% 0.52% 0.52%
12 UST NOTES 1.36% 0.49% 0.49%

Only in FBND

4,561 total
  • Fidelity Revere Street Trust 3.16%
  • FNMA/FHLG TBA ISSUER 1.99%
  • GNMA II GTD PASS THRU CTF MULTIPLE ISSUER 1.28%
  • FNMA/FHLG TBA ISSUER 1.25%
  • GNMA II GTD PASS THRU CTF MULTIPLE ISSUER 0.97%
  • FNMA/FHLG TBA ISSUER 0.57%
  • UST NOTES 0.49%
  • GNMA II GTD PASS THRU CTF MULTIPLE ISSUER 0.46%
  • JPMORGAN CHASE and CO 0.42%
  • BANK OF AMERICA CORPORATION 0.38%

Only in GOVT

145 total
  • United States of America 5.28%
  • United States of America 2.95%
  • United States of America 2.63%
  • United States of America 2.08%
  • United States of America 1.62%
  • United States of America 1.48%
  • United States of America 1.46%
  • United States of America 1.38%
  • United States of America 1.37%
  • United States of America 1.36%

Percentages are holdings overlap with the named fund.

Open FBND or GOVT 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.