BGRN vs. FXAIX
Compare and contrast key facts about iShares Global Green Bond ETF (BGRN) and Fidelity 500 Index Fund (FXAIX).
BGRN is a passively managed fund by iShares that tracks the performance of the Bloomberg Barclays MSCI Green Bond Select USD Hedged Index. It was launched on Nov 13, 2018. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BGRN or FXAIX.
Performance
BGRN vs. FXAIX - Performance Comparison
Returns By Period
In the year-to-date period, BGRN achieves a 3.02% return, which is significantly lower than FXAIX's 26.26% return.
BGRN
3.02%
-0.46%
3.54%
7.21%
-0.28%
N/A
FXAIX
26.26%
1.79%
13.68%
32.38%
15.71%
13.07%
Key characteristics
| BGRN | FXAIX | |
|---|---|---|
| Sharpe Ratio | 1.62 | 2.69 |
| Sortino Ratio | 2.35 | 3.59 |
| Omega Ratio | 1.29 | 1.50 |
| Calmar Ratio | 0.54 | 3.90 |
| Martin Ratio | 6.91 | 17.53 |
| Ulcer Index | 1.07% | 1.88% |
| Daily Std Dev | 4.57% | 12.24% |
| Max Drawdown | -19.16% | -33.79% |
| Current Drawdown | -7.41% | -0.81% |
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BGRN vs. FXAIX - Expense Ratio Comparison
BGRN has a 0.20% expense ratio, which is higher than FXAIX's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between BGRN and FXAIX is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
BGRN vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Green Bond ETF (BGRN) and Fidelity 500 Index Fund (FXAIX). 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
BGRN vs. FXAIX - Dividend Comparison
BGRN's dividend yield for the trailing twelve months is around 3.96%, more than FXAIX's 1.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGRN iShares Global Green Bond ETF | 3.96% | 3.52% | 2.67% | 0.78% | 1.82% | 3.66% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.22% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
BGRN vs. FXAIX - Drawdown Comparison
The maximum BGRN drawdown since its inception was -19.16%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for BGRN and FXAIX. For additional features, visit the drawdowns tool.
Volatility
BGRN vs. FXAIX - Volatility Comparison
The current volatility for iShares Global Green Bond ETF (BGRN) is 1.20%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.95%. This indicates that BGRN experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.