VS
When evaluating costs, FBAL features a management fee (MER) of 0.37%, compared to 0.18% for XBAL. Performance-wise, FBAL has returned 8.83% year-to-date with +$4 B in net flows, whereas XBAL is at 8.96% with +$719 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
FBAL
XBAL
| AuM | $10,565.13 M | $3,526.25 M |
| Management Fees | 0.37% | 0.18% |
| Exp. ratio | 0.41% | 0.18% |
| Tracking Difference | - | - |
Historical performance and flows
As of October 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FBAL | -0.41% | +1.35% | +8.83% | +7.54% | +58.39% |
XBAL | -0.73% | +1.16% | +8.96% | +9.14% | +56.87% | |
| Flows | FBAL | +$278 M | +$862 M | +$3,685 M | +$4,793 M | +$8,980 M |
XBAL | +$56 M | +$185 M | +$719 M | +$915 M | +$1,849 M |
FBAL vs XBAL exposure
Countries
FBAL
Exposure data will be available soon
XBAL
Canada
44.90%
USA
34.68%
Other
20.43%
Sectors
FBAL
Exposure data will be available soon
XBAL
Finance
23.44%
Technology
15.53%
Sovereign
12.71%
Municipal
7.44%
Industrials
7.17%
Other
33.71%
As of October 20, 2026
Top 10 Holdings
FBAL
Exposure data will be available soon
XBAL
NVIDIA Corp.
1.93%
Apple, Inc.
1.68%
Microsoft Corp.
1.36%
Royal Bank of Canada
1.16%
Amazon.com, Inc.
0.92%
The Toronto-Dominion Bank
0.82%
Shopify, Inc.
0.73%
Alphabet, Inc.
0.72%
Broadcom Inc.
0.63%
Alphabet, Inc.
0.57%
Diversification
FBAL
Exposure data will be available soon
XBAL
Total weight of top 10 holdings out of 21,879 total
10.53%
Characteristics
Compare
FBAL
XBAL
| Provider | Fidelity | iShares |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Equity, Fixed Income | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 2.25% |
| Meets ESG criteria | No | No |
| Inception Date | January 12, 2021 | June 21, 2007 |
Frequently asked questions about FBAL and XBAL
Which ETF has performed better year to date: FBAL or XBAL?
As of October 20, 2026, FBAL has returned 8.83% year to date, while XBAL has returned 8.96%. XBAL is ahead on YTD performance.
Which ETF is larger by assets under management: FBAL or XBAL?
As of October 20, 2026, FBAL manages $10.57 B in assets, while XBAL manages $3.53 B. FBAL is the larger fund by AUM.
How are FBAL and XBAL managed?
FBAL is actively managed by Fidelity. It does not track an index. XBAL is actively managed by iShares. It does not track an index.
Which ETF is attracting more investor flows: FBAL or XBAL?
Year to date, FBAL has seen +$3,684.54 M in net flows, compared with +$719.41 M for XBAL. FBAL has attracted more net investor money so far.
How do the fees of FBAL and XBAL compare?
FBAL has an expense ratio of 0.41%, while XBAL has an expense ratio of 0.18%.
Recent articles about FBAL and XBAL
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