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ETF comparison

FBND vs SHY

US Aggregate Bond vs US Treasury (Short).

Fidelity Total Bond ETF · iShares 1-3 Year Treasury Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.4 %

8 positions appear in both funds. Buying equal dollars of FBND and SHY would leave roughly 0.4% of each dollar exposed to the same underlying securities.

FBND unmatched 109.4% Shared 0.4% SHY unmatched 98.6%

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
4,622 positions
Shared
8 positions
In SHY only
82 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%
SHY

iShares 1-3 Year Treasury Bond ETF

iShares · US Treasury (Short)

83 composite / 100
Expense ratio
0.15%
Net assets
$27.44B
TTM yield
3.30%
Top-10 conc.
15.4%

Sub-score comparison

64
Cost
85
51
Tax efficiency
59
100
Liquidity
100
88
Concentration
N/A
—
Tracking quality
—
FBND sub-score SHY

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

Cost difference

SHY 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 the cost calculator pre-filled with FBND vs SHY.

Top shared holdings

8 shared in total
# Holding In FBND In SHY Overlap
1 UST NOTES 0.11% 0.96% 0.11%
2 UST NOTES 0.10% 0.79% 0.10%
3 UST NOTES 0.07% 0.99% 0.07%
4 UST NOTES 0.05% 1.07% 0.05%
5 UST NOTES 0.01% 0.61% 0.01%
6 UST NOTES 0.01% 1.34% 0.01%
7 UST NOTES 0.01% 1.06% 0.01%
8 UST NOTES 0.01% 0.89% 0.01%

Only in FBND

4,622 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 SHY

82 total
  • United States of America 1.97%
  • United States of America 1.71%
  • United States of America 1.61%
  • United States of America 1.51%
  • United States of America 1.49%
  • United States of America 1.48%
  • United States of America 1.47%
  • United States of America 1.40%
  • United States of America 1.39%
  • United States of America 1.39%

Percentages are holdings overlap with the named fund.

Open FBND or SHY 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.