Fidelity Total Bond ETF Outperforms in Q4 2025

FBND returned 7.58% in 2025 amid falling interest rates.

Published on Mar. 4, 2026

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Fidelity's Fidelity Total Bond ETF (FBND) returned 7.58% in 2025, outperforming its benchmark amid falling interest rates, according to the fund's Q4 2025 commentary. Fidelity is a global financial services firm with $12.6 trillion in assets under administration and over 74,000 employees worldwide.

Why it matters

The strong performance of Fidelity's total bond ETF in 2025 highlights the firm's ability to navigate challenging market conditions and deliver solid returns for investors. As a major player in the asset management industry, Fidelity's commentary provides valuable insights into broader trends in the fixed income market.

The details

According to the commentary, Fidelity's Fidelity Total Bond ETF (FBND) returned 7.58% in 2025, outperforming its benchmark. The fund's performance was driven by falling interest rates during the year. Fidelity is a global financial services firm with $12.6 trillion in assets under administration and over 74,000 employees worldwide.

  • The Fidelity Total Bond ETF (FBND) commentary covers the fourth quarter of 2025.

The players

Fidelity Investments

A global financial services firm with $12.6 trillion in assets under administration and over 74,000 employees worldwide.

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The takeaway

Fidelity's strong performance with its total bond ETF in 2025 demonstrates the firm's ability to navigate challenging market conditions and deliver solid returns for investors. As a major player in the asset management industry, Fidelity's commentary provides valuable insights into broader trends in the fixed income market.