FBND vs TAGG
Fidelity Total Bond ETF against T. Rowe Price QM U.S. Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
8%
192 shared positions
Fee gap
28 bp
TAGG is cheaper
1-year return gap
0.4 pts
TAGG is ahead
Larger fund
FBND
$28.2B
Side by side
| FBND | TAGG | |
|---|---|---|
| Fund | Fidelity Total Bond ETF | T. Rowe Price QM U.S. Bond ETF |
| Issuer | Fidelity | T. Rowe Price |
| Category | Core Bond | Core Bond |
| Expense ratio | 0.36% | 0.08% |
| Assets | $28.2B | $2.3B |
| Average daily dollar volume | $210M | $9.0M |
| Listed | Oct 6, 2014 | Sep 28, 2021 |
| FrenzyCap score | 79 | 83 |
| 1-month return | −1.3% | −1.1% |
| 3-month return | −2.6% | −2.2% |
| Year to date | −5.0% | −4.9% |
| 1-year return | −6.4% | −6.0% |
| 30-day volatility | 5.4% | 5.0% |
| Worst drawdown, 1 year | −7.7% | −7.5% |
| Trailing 12-month yield | 4.83% | 4.64% |
| Holdings | 4,880 | 1,821 |
| Top 10 weight | 14.6% | 16.0% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$1.6B thru May 2026 | +$475M thru Jul 2026 |
| 30-day implied volatility | 8.5% | — |
| Holdings as of | as of Oct 20, 2026issuer data | as of Jul 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
22% of FBND · 21% of TAGG| Holding | FBND | TAGG |
|---|---|---|
| USTB 4.5% 11/15/54, due Nov 15, 2054 | 1.09% | 1.70% |
| USTB 4.75% 02/15/56, due Feb 15, 2056 | 0.88% | 1.07% |
| USTB 4.75% 08/15/55, due Aug 15, 2055 | 0.97% | 0.55% |
| USTN 4.25% 11/15/34, due Nov 15, 2034 | 0.90% | 0.53% |
| USTB 4.75% 05/15/55, due May 15, 2055 | 0.90% | 0.46% |
| USTN 4.25% 08/15/35, due Aug 15, 2035 | 1.81% | 0.38% |
| USTN 4.125% 02/15/36, due Feb 15, 2036 | 1.98% | 0.35% |
| USTB 4.625% 02/15/55, due Feb 15, 2055 | 0.33% | 0.45% |
| USTB 4.625% 11/15/55, due Nov 15, 2055 | 0.71% | 0.33% |
| GNII II 2.5% 07/51#MA7472, due Jul 20, 2051 | 0.20% | 0.26% |
| USTN 4% 11/15/35, due Nov 15, 2035 | 0.84% | 0.19% |
| GNII II 3% 04/52#MA7988, due Apr 20, 2052 | 0.15% | 0.32% |
| USTB 4.625% 11/15/44, due Nov 15, 2044 | 0.12% | 1.76% |
| USTB 4.625% 02/15/46, due Feb 15, 2046 | 0.11% | 1.57% |
| GNII II 2.5% 04/52#MA7987, due Apr 20, 2052 | 0.10% | 0.12% |
| AFRMT 25-2A A 4.67% 07/33 144A, due Jul 15, 2033 | 0.13% | 0.10% |
| GNII II 2% 01/52#MA7826, due Jan 20, 2052 | 0.10% | 0.31% |
| USTB 4.625% 11/15/45, due Nov 15, 2045 | 0.09% | 0.41% |
| FHLG 30YR 3% 03/52#SD7553, due Mar 1, 2052 | 0.08% | 0.29% |
| WELLSFARGO 3.526%/VAR 03/24/28, due Mar 24, 2028 | 0.27% | 0.07% |
| CENT 25-CITY A VAR 07/40, due Jul 10, 2040 | 0.06% | 0.12% |
| WELLSFARGO 5.605%/VAR 04/23/36, due Apr 23, 2036 | 0.06% | 0.11% |
| SAMMONS 5.95% 6/36 144A, due Jun 15, 2036 | 0.06% | 0.10% |
| SPACE 5.65% 7/33 144A, due Jul 15, 2033 | 0.17% | 0.06% |
| MSTDW 3.622%/VAR 04/01/31, due Apr 1, 2031 | 0.28% | 0.05% |
Sector mix of the stock holdings
| Sector | FBND | TAGG | Gap |
|---|---|---|---|
| Industrials | 0.0% | 0.0% | +0.0% |
| Utilities | 0.0% | 0.0% | +0.0% |
More: full overlap table · FBND holdings · TAGG holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.