FLTB vs GBAB

Comparison between FIDELITY LIMITED TERM BOND ETF (FLTB, ETF) and Guggenheim Taxbl Muni Bnd & Invtmnt Grd Debt Trst Com Shrs Of benf Int (GBAB, ETF).

5-Year PerformanceFLTB has outperformed GBAB, delivering a return of +2.3% compared to -2.4%

FLTB vs GBAB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLTB(ETF)	GBAB(ETF)
Net Assets	$401M	$400M
Expense Ratio	0.25%	N/A
Max Drawdown	11.00%	47.18%
Sharpe Ratio	0.22	0.22
5Y Beta	0.01	0.24
5Y Dividends CAGR	32.39%	0.00%

Net Assets

Winner

FLTB

$401M

GBAB

$400M

Expense Ratio

FLTB

0.25%

GBAB

N/A

Max Drawdown

Winner

FLTB

11.00%

GBAB

47.18%

Sharpe Ratio

Winner

FLTB

0.22

GBAB

0.22

5Y Beta

Winner

FLTB

0.01

GBAB

0.24

5Y Dividends CAGR

Winner

FLTB

32.39%

GBAB

0.00%

FLTB vs GBAB - Historical Returns

Returns include dividend reinvestment.

Period	FLTB	GBAB
1 month	+0.34%	+2.27%
3 months	+0.83%	-0.11%
6 months	+0.86%	-1.46%
1 year	+4.05%	+4.97%
5 years(CAGR)	+2.31%	-2.39%
10 years(CAGR)	+2.45%	+3.05%
Max(CAGR)	+2.41%	+5.50%

FLTB

+0.34%

Winner

GBAB

+2.27%

Winner

FLTB

+0.83%

GBAB

-0.11%

Winner

FLTB

+0.86%

GBAB

-1.46%

FLTB

+4.05%

Winner

GBAB

+4.97%

5Y(CAGR)

Winner

FLTB

+2.31%

GBAB

-2.39%

10Y(CAGR)

FLTB

+2.45%

Winner

GBAB

+3.05%

Max(CAGR)

FLTB

+2.41%

Winner

GBAB

+5.50%

FLTB vs GBAB - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	FLTB	GBAB
2026	+0.72%	-0.40%
2025	+6.52%	+7.76%
2024	+5.22%	+2.63%
2023	+5.83%	+9.33%
2022	-5.69%	-24.65%
2021	-1.20%	-0.49%
2020	+5.47%	+13.95%
2019	+5.93%	+15.05%
2018	+1.24%	+3.76%
2017	+2.10%	+13.63%
2016	+2.11%	+5.95%
2015	+0.83%	+3.50%
2014	-0.07%	+20.67%
2013	N/A	-7.41%
2012	N/A	+15.12%
2011	N/A	+26.50%
2010	N/A	-9.15%

FLTB vs GBAB Drawdown Comparison

The maximum drawdown for FLTB was -9.37%, occurring on Oct 20, 2022. Recovery took 838 trading sessions.

The maximum drawdown for GBAB was -35.78%, occurring on Oct 14, 2022. This drawdown has not yet recovered.

The current FLTB drawdown is -0.26%. The current GBAB drawdown is -13.97%.

Rank	FLTB	GBAB
#1	-9.37% Feb 11, 2021 - Jun 12, 2024	-35.78% Sep 15, 2021 - Oct 14, 2022
#2	-8.20% Mar 5, 2020 - May 29, 2020	-29.93% Feb 25, 2020 - Aug 21, 2020
#3	-1.98% Aug 4, 2016 - May 17, 2017	-14.88% May 13, 2013 - May 29, 2014
#4	-1.76% Sep 7, 2017 - Dec 18, 2018	-14.48% May 13, 2016 - May 25, 2017
#5	-1.63% Oct 15, 2015 - Mar 17, 2016	-12.24% Nov 4, 2010 - May 31, 2011
#6	-1.52% Feb 23, 2026 - Mar 26, 2026	-11.67% Jan 29, 2015 - Nov 2, 2015
#7	-1.36% Apr 3, 2025 - Apr 28, 2025	-10.68% Feb 5, 2021 - Aug 4, 2021
#8	-1.19% Apr 27, 2015 - Oct 2, 2015	-8.94% Sep 4, 2018 - Dec 4, 2018
#9	-1.09% Oct 1, 2024 - Jan 27, 2025	-8.46% Feb 3, 2016 - Apr 8, 2016
#10	-1.08% Oct 15, 2014 - Jan 15, 2015	-7.73% Jan 8, 2018 - Aug 31, 2018
#11	-0.96% Feb 2, 2015 - Apr 1, 2015	-7.48% Oct 9, 2019 - Feb 21, 2020
#12	-0.85% Sep 4, 2019 - Oct 2, 2019	-7.30% Sep 26, 2012 - May 1, 2013
#13	-0.59% Apr 30, 2025 - May 30, 2025	-6.81% Aug 22, 2019 - Oct 9, 2019
#14	-0.55% Oct 4, 2019 - Dec 3, 2019	-6.41% Mar 12, 2012 - Apr 27, 2012
#15	-0.51% May 6, 2016 - Jun 3, 2016	-5.64% Nov 11, 2020 - Dec 29, 2020

Correlation

Correlation between FLTB and GBAB is 0.82 which considered as a strong positive correlation - the stocks tend to move together.

0.82

-101

Dividend Comparison (2011 - 2026)

FLTB vs GBAB dividend yield comparison.

Year	FLTB	GBAB
2026	1.80%	5.35%
2025	4.31%	10.11%
2024	4.11%	9.92%
2023	3.20%	9.32%
2022	1.63%	9.22%
2021	0.89%	6.36%
2020	1.56%	5.92%
2019	2.67%	6.37%
2018	2.50%	6.88%
2017	1.78%	6.64%
2016	1.59%	7.51%
2015	1.63%	7.78%
2014	0.35%	7.48%
2013	0.00%	8.32%
2012	0.00%	6.82%
2011	0.00%	6.69%