SHY vs FBND

Comparison between ISHARES 1-3 YEAR TREASURY BOND ETF (SHY, ETF) and FIDELITY TOTAL BOND ETF (FBND, ETF).

5-Year PerformanceSHY has outperformed FBND, delivering a return of +1.7% compared to +0.9%

SHY vs FBND - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SHY(ETF)	FBND(ETF)
Net Assets	$25B	$25B
Expense Ratio	0.15%	0.36%
Max Drawdown	7.25%	23.21%
Sharpe Ratio	-0.22	0.50
5Y Beta	-0.00	0.05
5Y Dividends CAGR	44.93%	1.44%

Net Assets

SHY

$25B

Winner

FBND

$25B

Expense Ratio

Winner

SHY

0.15%

FBND

0.36%

Max Drawdown

Winner

SHY

7.25%

FBND

23.21%

Sharpe Ratio

SHY

-0.22

Winner

FBND

0.50

5Y Beta

Winner

SHY

-0.00

FBND

0.05

5Y Dividends CAGR

Winner

SHY

44.93%

FBND

1.44%

SHY vs FBND - Historical Returns

Returns include dividend reinvestment.

Period	SHY	FBND
1 month	+0.15%	+0.14%
3 months	+0.16%	+0.20%
6 months	+1.14%	+1.05%
1 year	+3.57%	+6.22%
5 years(CAGR)	+1.73%	+0.94%
10 years(CAGR)	+1.65%	+2.66%
Max(CAGR)	+1.96%	+2.61%

Winner

SHY

+0.15%

FBND

+0.14%

SHY

+0.16%

Winner

FBND

+0.20%

Winner

SHY

+1.14%

FBND

+1.05%

SHY

+3.57%

Winner

FBND

+6.22%

5Y(CAGR)

Winner

SHY

+1.73%

FBND

+0.94%

10Y(CAGR)

SHY

+1.65%

Winner

FBND

+2.66%

Max(CAGR)

SHY

+1.96%

Winner

FBND

+2.61%

SHY vs FBND - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	SHY	FBND
2026	+0.49%	+0.80%
2025	+4.98%	+7.44%
2024	+4.04%	+2.75%
2023	+4.07%	+6.32%
2022	-3.77%	-11.93%
2021	-0.73%	-0.31%
2020	+2.99%	+9.27%
2019	+3.37%	+9.86%
2018	+1.50%	-0.23%
2017	+0.34%	+3.88%
2016	+0.69%	+6.96%
2015	+0.32%	-1.17%
2014	+0.40%	+0.11%
2013	+0.24%	N/A
2012	+0.34%	N/A
2011	+1.46%	N/A
2010	+2.14%	N/A
2009	+0.89%	N/A
2008	+6.42%	N/A
2007	+7.24%	N/A
2006	+3.75%	N/A
2005	+1.52%	N/A
2004	+0.91%	N/A
2003	+2.19%	N/A
2002	+2.03%	N/A

SHY vs FBND Drawdown Comparison

The maximum drawdown for SHY was -5.71%, occurring on Oct 20, 2022. Recovery took 713 trading sessions.

The maximum drawdown for FBND was -17.26%, occurring on Oct 20, 2022. Recovery took 997 trading sessions.

The current SHY drawdown is -0.20%. The current FBND drawdown is -1.13%.

Rank	SHY	FBND
#1	-5.71% Aug 2, 2021 - Jun 3, 2024	-17.26% Sep 14, 2021 - Sep 4, 2025
#2	-2.23% Mar 17, 2008 - Sep 15, 2008	-16.11% Mar 6, 2020 - May 27, 2020
#3	-1.90% Mar 24, 2004 - Oct 20, 2004	-4.99% Apr 17, 2015 - Apr 28, 2016
#4	-1.19% Dec 30, 2008 - Jul 8, 2009	-3.71% Sep 29, 2016 - May 17, 2017
#5	-1.07% Sep 7, 2017 - Nov 28, 2018	-3.41% Dec 31, 2020 - Jul 19, 2021
#6	-0.99% Jul 5, 2016 - Aug 11, 2017	-2.81% Sep 7, 2017 - Jan 22, 2019
#7	-0.98% Jun 13, 2003 - Sep 30, 2003	-2.57% Feb 27, 2026 - Mar 27, 2026
#8	-0.97% Sep 24, 2024 - Jan 27, 2025	-1.67% Sep 4, 2019 - Oct 4, 2019
#9	-0.89% Feb 27, 2026 - Mar 26, 2026	-1.37% Aug 6, 2020 - Nov 19, 2020
#10	-0.88% Sep 17, 2008 - Oct 2, 2008	-1.30% Oct 4, 2019 - Dec 13, 2019
#11	-0.87% Oct 25, 2004 - May 5, 2005	-1.22% Dec 1, 2014 - Jan 6, 2015
#12	-0.87% Dec 1, 2009 - Feb 5, 2010	-1.03% Oct 28, 2025 - Nov 26, 2025
#13	-0.81% Nov 1, 2010 - May 3, 2011	-1.02% Feb 5, 2015 - Feb 25, 2015
#14	-0.80% Oct 9, 2002 - Oct 31, 2002	-1.02% Jun 23, 2017 - Jul 20, 2017
#15	-0.75% Jul 10, 2009 - Aug 28, 2009	-1.00% Sep 7, 2016 - Sep 27, 2016

Correlation

Correlation between SHY and FBND is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2002 - 2026)

SHY vs FBND dividend yield comparison.

Year	SHY	FBND
2026	1.17%	1.44%
2025	3.81%	4.70%
2024	3.92%	4.73%
2023	2.99%	4.26%
2022	1.30%	3.07%
2021	0.26%	1.86%
2020	0.94%	4.25%
2019	2.12%	2.90%
2018	1.72%	2.93%
2017	0.98%	2.56%
2016	0.71%	2.84%
2015	0.54%	3.26%
2014	0.36%	0.66%
2013	0.26%	0.00%
2012	0.37%	0.00%
2011	0.81%	0.00%
2010	1.03%	0.00%
2009	2.41%	0.00%
2008	3.41%	0.00%
2007	4.27%	0.00%
2006	4.13%	0.00%
2005	3.05%	0.00%
2004	1.94%	0.00%
2003	1.59%	0.00%
2002	0.78%	0.00%