Better Bond ETF: Fidelity's FIGB vs. iShares' IEI
The Fidelity Investment Grade Bond ETF (NYSEMKT:FIGB) offers broader bond exposure and a higher yield than iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI), but comes with a higher fee, more volatility, and a deeper historical drawdown.
Both funds target high-quality U.S. bonds, but IEI zeroes in on intermediate-term Treasuries, while FIGB takes a wider approach by including various investment-grade sectors and a notable cash allocation. This comparison looks at cost, returns, risk, and portfolio makeup to help investors weigh which ETF may better fit their needs.
Beta measures price volatility relative to the S 500; Beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months.
Source Fool.com
