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BYLDvsFSTBETF Comparison

ETF 1
BYLD

iShares Yield Optimized Bond ETF

This fund is part of
US Aggregate Bonds
-0.07%
VS
ETF 2
FSTB

Fidelity Short-Term Bond ETF

This fund is part of
Intl IG Bonds
-0.09%

iShares Yield Optimized Bond ETF (BYLD) belongs to the US Aggregate Bonds segment. Fidelity Short-Term Bond ETF (FSTB) is part of the Intl IG Bonds segment. BYLD's top 3 sector exposures are Finance, Sovereign and Industrials. In contrast, FSTB's top sector exposures are Sovereign, Finance and Industrials. BYLD is more expensive with a Total Expense Ratio (TER) of 0.41%, versus 0.21% for FSTB. Run a side-by-side ETF comparison of BYLD and FSTB below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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BYLD vs FSTB performance and flow charts

Performance

0.00.20.40.60.81.0%Jul 31Aug 7Aug 14Aug 21Aug 28

Cumulative Flows

-6 M-4 M-2 M0 M2 M4 MJul 31Aug 7Aug 14Aug 21Aug 28

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 08/31/2026
1M3MYTD1Y3Y5Y
Perf.
BYLD
FSTB
+0.55%+0.22%
-0.19%n/a
+1.12%n/a
+3.87%n/a
+19.65%n/a
+9.85%n/a
Flows
BYLD
FSTB
-$12K+$5M
+$5M-
+$151M-
+$183M-
+$354M-
+$304M-
Volatility and drawdown
3M1Y3Y5Y
Volatility
BYLD
FSTB
+3.48%n/a
+3.59%n/a
+4.41%n/a
+5.14%n/a
Max drawdown
BYLD
FSTB
-1.41%n/a
-2.55%n/a
-3.51%n/a
-14.72%n/a
Max drawdown duration
BYLD
FSTB
63dn/a
106dn/a
74dn/a
1071dn/a
Trading data

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BYLD
FSTB
Last sale
9/1/2026 at 2:44 PM
$22.28
$19.91
Previous close
08/31/2026
$22.32
$20.00
Consolidated volume
08/31/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of August 31, 2026
1-year trailing difference

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FSTB
is actively managed and doesn’t replicate an index

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BYLD
FSTB
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 9/1/2026 at 2:44 PM
Live
Closed
BYLD
FSTB
Last price
$22.28
$19.91
1D performance
-0.18%
-0.46%
AuM$447.64 M$178.80 M
E/R0.41%0.21%
Characteristics
BYLD
FSTB
Management strategyPassiveActive
ProvideriSharesFidelity
BenchmarkMorningstar U.S. Bond Market Yield-Optimized Index-
N° of holdings18381257
Asset classFixed Income-
Trailing 12m distribution yield
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Inception dateApril 22, 2014June 17, 2026
ESGNoNo
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Exposure

Countries

BYLD
USA
69.35%
Other
30.65%
FSTB
USA
69.46%
Other
30.54%

Sectors

BYLD
Finance
26.19%
Sovereign
13.47%
Industrials
9.64%
Other
50.7%
FSTB
Sovereign
40.52%
Finance
28.85%
Other
30.63%
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Diversification

BYLD

Total weight of top 15 holdings out of 15

6.22%
FSTB

Total weight of top 15 holdings out of 15

45.28%

Top 15 holdings

Data as of July 31, 2026
BYLD
BlackRock Cash Funds - Treasury
1.68%
BlackRock Cash Funds - Institutional
0.88%
USA, Bills 0% 25aug2026, USD (119D)
0.43%
USA, Bills 0% 22sep2026, USD (119D)
0.36%
USA, Bills 0% 18aug2026, USD (119D)
0.36%
USA, Bills 0% 29sep2026, USD (119D)
0.28%
USA, Bills 0% 4aug2026, USD (119D)
0.28%
USA, Bonds 1.125% 15aug2040, USD
0.28%
USA, Bills 0% 1sep2026, USD (119D)
0.28%
USA, Bonds 2.75% 15aug2047, USD
0.27%
USA, Bills 0% 15sep2026, USD (119D)
0.25%
G2 MA7192, 2% 20feb2051, USD (ABS)
0.23%
US3618N5XQ77
0.22%
USA, Bills 0% 29oct2026, USD (364D)
0.22%
USA, Notes 4.25% 15may2035, USD (C-2035)
0.21%
FSTB
USA, Notes 3.875% 15may2029, USD (AN-2029)
10.23%
USA, Notes 3.375% 15sep2028, USD (AS-2028)
6.64%
USA, Notes 3.5% 15dec2028, USD (AV-2028)
6.61%
USA, Notes 3.625% 15aug2028, USD (AR-2028)
6.51%
USA, Notes 3.5% 15feb2029, USD (AK-2029)
5.54%
USA, Notes 4.625% 30sep2028, USD (AD-2028)
3.81%
Fidelity Cash Central Fund
2.29%
USA, Notes 4% 31may2028, USD (BC-2028)
1.03%
Bank of America Corporation, 4.271% 23jul2029, USD (N)
0.46%
JP Morgan, 4.851% 25jul2028, USD
0.38%
US12567MAN11
0.38%
Bank of America Corporation, 4.979% 24jan2029, USD (N)
0.37%
US33884EAQ44
0.36%
Goldman Sachs, 4.148% 21jan2029, USD
0.34%
Avolon Holdings, 4.95% 15jan2028, USD
0.33%
Frequently asked questions about BYLD and FSTB

Which ETF is bigger: BYLD or FSTB?

As of August 31, 2026, BYLD holds $447.64 M in assets under management (AUM), while FSTB manages $178.80 M.

What sectors do the BYLD and FSTB ETFs invest in?

BYLD leans toward sectors like Finance, Sovereign and Industrials. Meanwhile, FSTB focuses on Sovereign and Finance.

What are the top holdings of the BYLD ETF and FSTB ETF?

BYLD top holdings include BlackRock Cash Funds - Treasury, BlackRock Cash Funds - Institutional and USA, Bills 0% 25aug2026, USD (119D). FSTB holds in its top three: USA, Notes 3.875% 15may2029, USD (AN-2029), USA, Notes 3.375% 15sep2028, USD (AS-2028) and USA, Notes 3.5% 15dec2028, USD (AV-2028).

Which ETF is more diversified: BYLD or FSTB?

BYLD holds 27938 securities with 6.22% of its assets in the top 15. FSTB has 412 securities and a top 15 weight of 45.28%.

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