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AVIG vs. FBND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AVIG and FBND is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

AVIG vs. FBND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Core Fixed Income ETF (AVIG) and Fidelity Total Bond ETF (FBND). The values are adjusted to include any dividend payments, if applicable.

-1.00%0.00%1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
1.37%
1.43%
AVIG
FBND

Key characteristics

Sharpe Ratio

AVIG:

0.39

FBND:

0.48

Sortino Ratio

AVIG:

0.58

FBND:

0.70

Omega Ratio

AVIG:

1.07

FBND:

1.09

Calmar Ratio

AVIG:

0.16

FBND:

0.25

Martin Ratio

AVIG:

1.18

FBND:

1.57

Ulcer Index

AVIG:

1.81%

FBND:

1.69%

Daily Std Dev

AVIG:

5.44%

FBND:

5.50%

Max Drawdown

AVIG:

-19.64%

FBND:

-17.25%

Current Drawdown

AVIG:

-9.11%

FBND:

-5.67%

Returns By Period

In the year-to-date period, AVIG achieves a 1.43% return, which is significantly lower than FBND's 1.98% return.


AVIG

YTD

1.43%

1M

-0.53%

6M

1.37%

1Y

1.79%

5Y*

N/A

10Y*

N/A

FBND

YTD

1.98%

1M

-0.57%

6M

1.43%

1Y

2.28%

5Y*

0.78%

10Y*

2.20%

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AVIG vs. FBND - Expense Ratio Comparison

AVIG has a 0.15% expense ratio, which is lower than FBND's 0.36% expense ratio.


FBND
Fidelity Total Bond ETF
Expense ratio chart for FBND: current value at 0.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.36%
Expense ratio chart for AVIG: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Risk-Adjusted Performance

AVIG vs. FBND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Core Fixed Income ETF (AVIG) and Fidelity Total Bond ETF (FBND). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for AVIG, currently valued at 0.39, compared to the broader market0.002.004.000.390.48
The chart of Sortino ratio for AVIG, currently valued at 0.58, compared to the broader market-2.000.002.004.006.008.0010.000.580.70
The chart of Omega ratio for AVIG, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.001.071.09
The chart of Calmar ratio for AVIG, currently valued at 0.16, compared to the broader market0.005.0010.0015.000.160.25
The chart of Martin ratio for AVIG, currently valued at 1.18, compared to the broader market0.0020.0040.0060.0080.00100.001.181.57
AVIG
FBND

The current AVIG Sharpe Ratio is 0.39, which is comparable to the FBND Sharpe Ratio of 0.48. The chart below compares the historical Sharpe Ratios of AVIG and FBND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.39
0.48
AVIG
FBND

Dividends

AVIG vs. FBND - Dividend Comparison

AVIG's dividend yield for the trailing twelve months is around 4.67%, more than FBND's 4.60% yield.


TTM2023202220212020201920182017201620152014
AVIG
Avantis Core Fixed Income ETF
4.67%4.06%2.54%1.12%0.22%0.00%0.00%0.00%0.00%0.00%0.00%
FBND
Fidelity Total Bond ETF
4.60%4.26%3.07%1.86%4.25%2.90%2.93%2.56%2.84%3.26%0.66%

Drawdowns

AVIG vs. FBND - Drawdown Comparison

The maximum AVIG drawdown since its inception was -19.64%, which is greater than FBND's maximum drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for AVIG and FBND. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%JulyAugustSeptemberOctoberNovemberDecember
-9.11%
-5.67%
AVIG
FBND

Volatility

AVIG vs. FBND - Volatility Comparison

Avantis Core Fixed Income ETF (AVIG) has a higher volatility of 1.67% compared to Fidelity Total Bond ETF (FBND) at 1.59%. This indicates that AVIG's price experiences larger fluctuations and is considered to be riskier than FBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.20%1.40%1.60%1.80%JulyAugustSeptemberOctoberNovemberDecember
1.67%
1.59%
AVIG
FBND
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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