# Portfolio overlap — FBND vs FSMTX Comparing **Fidelity Total Bond ETF** (2026-02-28) and **Fidelity SAI Total Bond Fund** (2026-02-28). - Shared positions: 3503 - Fidelity Total Bond ETF covered by Fidelity SAI Total Bond Fund: 0.6290265666927097302119537628 - Fidelity SAI Total Bond Fund covered by Fidelity Total Bond ETF: 0.6290265666927097302119537629 ## Fidelity Total Bond ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | Fidelity Cash Central Fund | 0.026283 | ✓ | | US TREASURY N/B | 0.025730 | ✓ | | US TREASURY N/B | 0.020050 | ✓ | | US TREASURY N/B | 0.019124 | ✓ | | US TREASURY N/B | 0.015175 | ✓ | | US TREASURY N/B | 0.014770 | ✓ | | US TREASURY N/B | 0.013897 | ✓ | | US TREASURY N/B | 0.013811 | ✓ | | US TREASURY N/B | 0.013245 | ✓ | | US TREASURY N/B | 0.012473 | ✓ | | GNII II 5.5% 03/01/2056 #TBA | 0.011907 | ✓ | | US TREASURY N/B | 0.011720 | ✓ | | US TREASURY N/B | 0.011325 | ✓ | | US TREASURY N/B | 0.010299 | ✓ | | US TREASURY N/B | 0.010096 | ✓ | | US TREASURY N/B | 0.009968 | ✓ | | US TREASURY N/B | 0.009540 | ✓ | | Government National Mortgage Association, TBA | 0.009392 | ✓ | | G2SF 5.5 4/25 | 0.008897 | ✓ | | US TREASURY N/B | 0.008655 | ✓ | | US TREASURY N/B | 0.008462 | ✓ | | US TREASURY N/B | 0.008276 | ✓ | | US TREASURY N/B | 0.007963 | ✓ | | US TREASURY N/B | 0.007510 | ✓ | | US TREASURY N/B | 0.007386 | ✓ | | FNCL 5.5 3/25 | 0.007187 | ✓ | | Uniform Mortgage-Backed Security, TBA | 0.006930 | ✓ | | FNCL 6 3/24 | 0.006880 | ✓ | | US TREASURY N/B | 0.006680 | ✓ | | US TREASURY N/B | 0.005914 | ✓ | | US TREASURY N/B | 0.005161 | | | US TREASURY N/B | 0.005140 | ✓ | | US TREASURY N/B | 0.005070 | ✓ | | US TREASURY N/B | 0.004881 | | | GNMA TBA | 0.004825 | ✓ | | US TREASURY N/B | 0.004793 | ✓ | | US TREASURY N/B | 0.004679 | ✓ | | US TREASURY N/B | 0.004600 | ✓ | | US TREASURY N/B | 0.004540 | ✓ | | US TREASURY N/B | 0.004460 | ✓ | | US TREASURY N/B | 0.004433 | ✓ | | Fannie Mae or Freddie Mac | 0.004333 | ✓ | | JPMORGAN CHASE | 0.004212 | ✓ | | US TREASURY N/B | 0.003978 | ✓ | | BANK OF AMER CRP | 0.003900 | ✓ | | G2SF 6 4/25 | 0.003834 | ✓ | | US TREASURY N/B | 0.003811 | ✓ | | JPMORGAN CHASE | 0.003718 | ✓ | | US TREASURY N/B | 0.003581 | ✓ | | US TREASURY N/B | 0.003580 | | ## Fidelity SAI Total Bond Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Fidelity Cash Central Fund | 0.029623 | ✓ | | US TREASURY N/B | 0.023187 | ✓ | | US TREASURY N/B | 0.022347 | ✓ | | US TREASURY N/B | 0.018421 | ✓ | | US TREASURY N/B | 0.017163 | ✓ | | US TREASURY N/B | 0.016434 | ✓ | | US TREASURY N/B | 0.015388 | ✓ | | US TREASURY N/B | 0.014305 | ✓ | | US TREASURY N/B | 0.013823 | ✓ | | US TREASURY N/B | 0.011481 | ✓ | | GNII II 5.5% 03/01/2056 #TBA | 0.011430 | ✓ | | US TREASURY N/B | 0.011233 | ✓ | | FNCL 6 3/24 | 0.010857 | ✓ | | US TREASURY N/B | 0.010382 | ✓ | | US TREASURY N/B | 0.010322 | | | US TREASURY N/B | 0.010018 | ✓ | | US TREASURY N/B | 0.009726 | ✓ | | US TREASURY N/B | 0.009469 | ✓ | | G2SF 5.5 4/25 | 0.008984 | ✓ | | US TREASURY N/B | 0.008852 | ✓ | | US TREASURY N/B | 0.008448 | ✓ | | US TREASURY N/B | 0.008272 | ✓ | | Government National Mortgage Association, TBA | 0.008243 | ✓ | | US TREASURY N/B | 0.008035 | ✓ | | US TREASURY N/B | 0.007840 | ✓ | | US TREASURY N/B | 0.007657 | ✓ | | US TREASURY N/B | 0.007591 | ✓ | | GNMA TBA | 0.007464 | ✓ | | US TREASURY N/B | 0.007119 | ✓ | | US TREASURY N/B | 0.006591 | ✓ | | US TREASURY N/B | 0.006501 | ✓ | | US TREASURY N/B | 0.006333 | ✓ | | US TREASURY N/B | 0.006328 | ✓ | | US TREASURY N/B | 0.006313 | ✓ | | US TREASURY N/B | 0.005985 | ✓ | | Fannie Mae or Freddie Mac | 0.005968 | ✓ | | US TREASURY N/B | 0.005920 | ✓ | | US TREASURY N/B | 0.005416 | ✓ | | BANK OF AMER CRP | 0.005002 | ✓ | | US TREASURY N/B | 0.004428 | ✓ | | Uniform Mortgage-Backed Security, TBA | 0.004197 | ✓ | | FNCL 6 4/26 | 0.004196 | ✓ | | US TREASURY N/B | 0.004186 | ✓ | | US TREASURY N/B | 0.004075 | ✓ | | US TREASURY N/B | 0.003899 | ✓ | | US TREASURY N/B | 0.003841 | ✓ | | FNCI 5 4/21 | 0.003610 | ✓ | | US TREASURY N/B | 0.003609 | ✓ | | G2SF 2 4/26 | 0.003590 | ✓ | | US TREASURY N/B | 0.003534 | ✓ | ## Sources - N-PORT (fund A) — accession `0000035402-26-002663` (as of 2026-02-28) - N-PORT (fund B) — accession `0000035402-26-002638` (as of 2026-02-28) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _