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PDN vs FLTB

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

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

PDN vs FLTB - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

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

PDN vs FLTB - Historical Returns

Returns include dividend reinvestment.

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

PDN vs FLTB - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

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

PDN vs FLTB Drawdown Comparison

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

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

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

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

Correlation

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

0.90
-101

Dividend Comparison (2007 - 2026)

PDN vs FLTB dividend yield comparison.

YearPDNFLTB
20260.63%1.80%
20253.36%4.31%
20243.36%4.11%
20233.16%3.20%
20222.68%1.63%
20212.42%0.89%
20201.79%1.56%
20192.60%2.67%
20182.21%2.50%
20172.42%1.78%
20162.16%1.59%
20152.06%1.63%
20141.95%0.35%
20132.15%0.00%
20122.31%0.00%
20112.42%0.00%
20101.80%0.00%
20093.37%0.00%
20082.44%0.00%
20070.14%0.00%

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