Fidelity Total Bond ETF (FBND) is larger, more diversified, and offers a higher yield compared to Fidelity Investment Grade Bond ETF (FIGB). Both ETFs have matching expenses and 1-year returns as of Jan. 9, 2026. FBND’s lower beta indicates less sensitivity to market swings than FIGB.

FBND has significantly higher assets under management ($23.4 billion) compared to FIGB ($327.1 million), offering a broader portfolio, higher yield, and lower volatility. Both are fixed-income funds from Fidelity, providing stable income and diversification from equities.

FBND boasts a sector allocation tilted towards energy and utilities, holding 2,742 bonds with top holdings including Bank of America, JPMorgan Chase, and Goldman Sachs. FIGB focuses on investment-grade bonds with a more concentrated portfolio of 180 holdings, emphasizing stability and safety.

Investors seeking stability and high-quality bonds may prefer FIGB, while those looking for broader market exposure, diversification, and a higher dividend yield with higher risk may opt for FBND. Both ETFs have the same expense ratio and avoid leverage or currency hedges.

ETFs hold a basket of assets and trade like stocks. Fixed income investments pay regular interest and return principal at maturity. Core bond exposure diversifies a portfolio with fixed-income assets. Investment-grade bonds are safer with lower risk of default. Dividend yield is annual cash distributions divided by the current market price.

Read more at Yahoo Finance: Better Fidelity Bond ETF: FBND vs. FIGB