FBND vs WABF
Fidelity Total Bond ETF against Western Asset Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
3%
75 shared positions
Fee gap
1 bp
WABF is cheaper
1-year return gap
1.1 pts
FBND is ahead
Larger fund
FBND
$28.2B
Side by side
| FBND | WABF | |
|---|---|---|
| Fund | Fidelity Total Bond ETF | Western Asset Bond ETF |
| Issuer | Fidelity | Franklin Templeton |
| Category | Core Bond | Core Bond |
| Expense ratio | 0.36% | 0.35% |
| Assets | $28.2B | $12M |
| Average daily dollar volume | $210M | $107K |
| Listed | Oct 6, 2014 | Sep 19, 2023 |
| FrenzyCap score | 79 | 36 |
| 1-month return | −1.3% | −1.5% |
| 3-month return | −2.6% | −2.9% |
| Year to date | −5.0% | −6.2% |
| 1-year return | −6.4% | −7.5% |
| 30-day volatility | 5.4% | 4.6% |
| Worst drawdown, 1 year | −7.7% | −8.7% |
| Trailing 12-month yield | 4.83% | 5.60% |
| Holdings | 4,880 | 401 |
| Top 10 weight | 14.6% | 17.5% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$1.6B thru May 2026 | $0 thru Jun 2026 |
| 30-day implied volatility | 8.5% | — |
| Holdings as of | as of Oct 20, 2026issuer data | as of Oct 20, 2026issuer data |
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
3% of FBND · 19% of WABF| Holding | FBND | WABF |
|---|---|---|
| UMBS 30YR 5% 11/56 #TBA, due Nov 1, 2056 | 0.46% | 1.57% |
| UMBS 30YR 3.5% 11/56 #TBA, due Nov 1, 2056 | 0.25% | 0.72% |
| CITIGROUP 4.412%/VAR 03/31/31, due Mar 31, 2031 | 0.23% | 0.65% |
| WELLSFARGO 4.478%/VAR 04/04/31, due Apr 4, 2031 | 0.31% | 0.16% |
| SPACE 5.65% 7/33 144A, due Jul 15, 2033 | 0.17% | 0.15% |
| T-MOBILE USA 3.875% 04/15/30, due Apr 15, 2030 | 0.14% | 0.40% |
| UMBS 30YR 6.5% 12/56 #TBA, due Dec 1, 2056 | 0.13% | 0.85% |
| WESTERN GAS PAR STEP 02/01/30, due Feb 1, 2030 | 0.13% | 0.16% |
| GHOST 2025-1A A 0% 03/50 144A, due Mar 15, 2050 | 0.11% | 0.76% |
| OCCIDENTAL PETE 7.5% 05/01/31, due May 1, 2031 | 0.23% | 0.09% |
| SPACE EXPL 5.35% 07/15/31 144A, due Jul 15, 2031 | 0.13% | 0.08% |
| HCA INC 3.5% 09/01/30, due Sep 1, 2030 | 0.15% | 0.08% |
| JPMC CO 6.117%/VAR 10/20/37, due Oct 20, 2037 | 0.07% | 0.09% |
| MSTDW 5.32%/VAR 07/19/35, due Jul 19, 2035 | 0.06% | 0.32% |
| HUT 8 DC LLC 6.192% 11/42 144A, due Nov 15, 2042 | 0.06% | 0.08% |
| ORACLE CORP 4.8% 09/26/32, due Sep 26, 2032 | 0.05% | 0.07% |
| META PLATFORMS 5.25% 05/15/36, due May 15, 2036 | 0.05% | 0.08% |
| MARS INC 5% 03/01/32 144A, due Mar 1, 2032 | 0.05% | 0.08% |
| OCCIDENTAL PETE 6.45% 09/15/36, due Sep 15, 2036 | 0.05% | 0.09% |
| ORACLE CORP 5.2% 09/26/35, due Sep 26, 2035 | 0.04% | 0.07% |
| AESOP 22-1A A 3.83% 08/28, due Aug 21, 2028 | 0.04% | 0.83% |
| BOA CORP 4.571%/VAR 04/27/33, due Apr 27, 2033 | 0.04% | 0.63% |
| VISTRA OPERATIO 5% 4/31 144A, due Apr 30, 2031 | 0.04% | 0.08% |
| ARGENTINA GOVT STEP 07/09/30, due Jul 9, 2030 | 0.03% | 0.04% |
| ARGENTINA GOVT STEP 07/09/35, due Jul 9, 2035 | 0.03% | 0.12% |
Sector mix of the stock holdings
| Sector | FBND | WABF | Gap |
|---|---|---|---|
| Industrials | 0.0% | 0.0% | +0.0% |
| Utilities | 0.0% | 0.0% | +0.0% |
More: full overlap table · FBND holdings · WABF 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.