AVIG vs. FBND
Compare and contrast key facts about Avantis Core Fixed Income ETF (AVIG) and Fidelity Total Bond ETF (FBND).
AVIG and FBND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVIG is an actively managed fund by American Century Investments. It was launched on Oct 13, 2020. FBND is an actively managed fund by Fidelity. It was launched on Oct 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVIG or FBND.
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.
Performance
AVIG vs. FBND - Performance Comparison
Key characteristics
AVIG:
0.39
FBND:
0.48
AVIG:
0.58
FBND:
0.70
AVIG:
1.07
FBND:
1.09
AVIG:
0.16
FBND:
0.25
AVIG:
1.18
FBND:
1.57
AVIG:
1.81%
FBND:
1.69%
AVIG:
5.44%
FBND:
5.50%
AVIG:
-19.64%
FBND:
-17.25%
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
1.43%
-0.53%
1.37%
1.79%
N/A
N/A
FBND
1.98%
-0.57%
1.43%
2.28%
0.78%
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.
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.
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.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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.
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.