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FLTB vs PDN

Comparison between FIDELITY LIMITED TERM BOND ETF (FLTB, ETF) and INVESCO FTSE RAFI DEVELOPED MARKETS EX-U.S. SMALL-MID ETF (PDN, ETF).

5-Year PerformancePDN has outperformed FLTB, delivering a return of +5.9% compared to +2.2%

FLTB vs PDN - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
FLTB
$389M
PDN
$389M
Expense Ratio
Winner
FLTB
0.25%
PDN
0.47%
Max Drawdown
Winner
FLTB
11.00%
PDN
60.08%
Sharpe Ratio
FLTB
0.21
Winner
PDN
1.24
5Y Beta
Winner
FLTB
0.01
PDN
0.69
5Y Dividends CAGR
Winner
FLTB
32.39%
PDN
16.82%

FLTB vs PDN - Historical Returns

Returns include dividend reinvestment.

1M
Winner
FLTB
+0.07%
PDN
-3.14%
3M
FLTB
-0.00%
Winner
PDN
+1.24%
6M
FLTB
+0.94%
Winner
PDN
+9.51%
1Y
FLTB
+4.25%
Winner
PDN
+23.14%
5Y(CAGR)
FLTB
+2.21%
Winner
PDN
+5.86%
10Y(CAGR)
FLTB
+2.45%
Winner
PDN
+8.07%
Max(CAGR)
FLTB
+2.40%
Winner
PDN
+5.60%

FLTB vs PDN - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

YearFLTBPDN
2026+0.49%+6.71%
2025+6.52%+38.01%
2024+5.22%+1.90%
2023+5.83%+13.05%
2022-5.69%-17.78%
2021-1.20%+8.57%
2020+5.47%+9.69%
2019+5.93%+18.83%
2018+1.24%-18.83%
2017+2.10%+29.71%
2016+2.11%+8.84%
2015+0.83%+2.02%
2014-0.07%-3.77%
2013N/A+19.38%
2012N/A+14.16%
2011N/A-15.10%
2010N/A+14.90%
2009N/A+51.56%
2008N/A-40.50%
2007N/A-4.91%

FLTB vs PDN Drawdown Comparison

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

The maximum drawdown for PDN was -59.30%, occurring on Mar 9, 2009. Recovery took 798 trading sessions.

The current FLTB drawdown is -0.48%. The current PDN drawdown is -5.10%.

RankFLTBPDN
#1-9.37%
Feb 11, 2021 - Jun 12, 2024
-59.30%
Nov 1, 2007 - Jan 3, 2011
#2-8.20%
Mar 5, 2020 - May 29, 2020
-41.92%
Jan 26, 2018 - Dec 15, 2020
#3-1.98%
Aug 4, 2016 - May 17, 2017
-33.67%
Sep 3, 2021 - May 5, 2025
#4-1.76%
Sep 7, 2017 - Dec 18, 2018
-24.21%
May 2, 2011 - Apr 25, 2013
#5-1.63%
Oct 15, 2015 - Mar 17, 2016
-20.59%
May 15, 2015 - Feb 10, 2017
#6-1.52%
Feb 23, 2026 - Mar 26, 2026
-14.31%
Jul 3, 2014 - May 15, 2015
#7-1.36%
Apr 3, 2025 - Apr 28, 2025
-11.26%
Feb 27, 2026 - May 6, 2026
#8-1.19%
Apr 27, 2015 - Oct 2, 2015
-10.18%
Feb 7, 2011 - Apr 26, 2011
#9-1.09%
Oct 1, 2024 - Jan 27, 2025
-9.84%
May 21, 2013 - Aug 2, 2013
#10-1.08%
Oct 15, 2014 - Jan 15, 2015
-6.89%
Oct 22, 2013 - Feb 24, 2014
#11-0.96%
Feb 2, 2015 - Apr 1, 2015
-6.02%
Jun 8, 2021 - Sep 2, 2021
#12-0.85%
Sep 4, 2019 - Oct 2, 2019
-5.10%
May 8, 2026 - Jun 5, 2026
#13-0.59%
Apr 30, 2025 - May 30, 2025
-5.04%
Oct 27, 2025 - Nov 28, 2025
#14-0.55%
Oct 4, 2019 - Dec 3, 2019
-4.33%
Mar 6, 2014 - May 29, 2014
#15-0.51%
May 6, 2016 - Jun 3, 2016
-4.28%
Aug 14, 2013 - Sep 9, 2013

Correlation

Correlation between FLTB and PDN is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90
-101

Dividend Comparison (2007 - 2026)

FLTB vs PDN dividend yield comparison.

YearFLTBPDN
20261.80%0.63%
20254.31%3.36%
20244.11%3.36%
20233.20%3.16%
20221.63%2.68%
20210.89%2.42%
20201.56%1.79%
20192.67%2.60%
20182.50%2.21%
20171.78%2.42%
20161.59%2.16%
20151.63%2.06%
20140.35%1.95%
20130.00%2.15%
20120.00%2.31%
20110.00%2.42%
20100.00%1.80%
20090.00%3.37%
20080.00%2.44%
20070.00%0.14%

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