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ETF comparison

FBND vs SCHP

US Aggregate Bond vs TIPS.

Fidelity Total Bond ETF · Schwab U.S. TIPS ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.1 %

3 positions appear in both funds. Buying equal dollars of FBND and SCHP would leave roughly 0.1% of each dollar exposed to the same underlying securities.

FBND unmatched 109.7% Shared 0.1% SCHP unmatched 99.4%

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
4,627 positions
Shared
3 positions
In SCHP only
45 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%
SCHP

Schwab U.S. TIPS ETF

Schwab · TIPS

87 composite / 100
Expense ratio
0.030%
Net assets
$17.50B
TTM yield
4.60%
Top-10 conc.
36.3%

Sub-score comparison

64
Cost
97
51
Tax efficiency
49
100
Liquidity
100
88
Concentration
N/A
—
Tracking quality
—
FBND sub-score SCHP

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

Cost difference

SCHP 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 SCHP.

Top shared holdings

3 shared in total
# Holding In FBND In SCHP Overlap
1 UST NOTES 0.04% 4.00% 0.04%
2 UNITED STATES TREASURY BOND 0.04% 1.13% 0.04%
3 UNITED STATES TREASURY BOND 0.04% 0.58% 0.04%

Only in FBND

4,627 total
  • Fidelity Revere Street Trust 3.16%
  • UST NOTES 2.73%
  • UST NOTES 2.04%
  • FNMA/FHLG TBA ISSUER 1.99%
  • UST NOTES 1.97%
  • UNITED STATES TREASURY BOND 1.37%
  • UNITED STATES TREASURY BOND 1.36%
  • UST NOTES 1.36%
  • GNMA II GTD PASS THRU CTF MULTIPLE ISSUER 1.28%
  • FNMA/FHLG TBA ISSUER 1.25%

Only in SCHP

45 total
  • United States Treasury 4.07%
  • United States Treasury 4.01%
  • United States Treasury 3.77%
  • United States Treasury 3.60%
  • United States Treasury 3.40%
  • United States Treasury 3.38%
  • United States Treasury 3.36%
  • United States Treasury 3.34%
  • United States Treasury 3.33%
  • United States Treasury 3.27%

Percentages are holdings overlap with the named fund.

Open FBND or SCHP 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.