BIPS.L vs. FIBUX
Compare and contrast key facts about Invesco Bond Income Plus Limited (BIPS.L) and Fidelity Flex U.S. Bond Index Fund (FIBUX).
FIBUX is managed by Fidelity. It was launched on Mar 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIPS.L or FIBUX.
Key characteristics
| BIPS.L | FIBUX | |
|---|---|---|
| YTD Return | 7.28% | 2.50% |
| 1Y Return | 13.77% | 8.83% |
| 3Y Return (Ann) | 4.66% | -2.34% |
| 5Y Return (Ann) | 2.37% | -0.17% |
| Sharpe Ratio | 1.24 | 1.46 |
| Sortino Ratio | 1.76 | 2.17 |
| Omega Ratio | 1.31 | 1.27 |
| Calmar Ratio | 2.65 | 0.54 |
| Martin Ratio | 17.76 | 5.21 |
| Ulcer Index | 0.75% | 1.67% |
| Daily Std Dev | 10.62% | 5.97% |
| Max Drawdown | -95.01% | -19.46% |
| Current Drawdown | -0.29% | -9.20% |
Correlation
The correlation between BIPS.L and FIBUX is 0.07, 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.
Performance
BIPS.L vs. FIBUX - Performance Comparison
In the year-to-date period, BIPS.L achieves a 7.28% return, which is significantly higher than FIBUX's 2.50% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BIPS.L vs. FIBUX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Bond Income Plus Limited (BIPS.L) and Fidelity Flex U.S. Bond Index Fund (FIBUX). 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
BIPS.L vs. FIBUX - Dividend Comparison
BIPS.L's dividend yield for the trailing twelve months is around 6.72%, more than FIBUX's 3.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIPS.L Invesco Bond Income Plus Limited | 6.72% | 6.74% | 6.70% | 2.96% | 0.05% | 1.32% | 0.06% | 0.05% | 0.05% | 0.06% | 0.05% | 5.43% |
FIBUX Fidelity Flex U.S. Bond Index Fund | 3.48% | 2.91% | 2.15% | 1.46% | 2.05% | 2.77% | 2.72% | 1.77% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BIPS.L vs. FIBUX - Drawdown Comparison
The maximum BIPS.L drawdown since its inception was -95.01%, which is greater than FIBUX's maximum drawdown of -19.46%. Use the drawdown chart below to compare losses from any high point for BIPS.L and FIBUX. For additional features, visit the drawdowns tool.
Volatility
BIPS.L vs. FIBUX - Volatility Comparison
Invesco Bond Income Plus Limited (BIPS.L) has a higher volatility of 6.45% compared to Fidelity Flex U.S. Bond Index Fund (FIBUX) at 1.69%. This indicates that BIPS.L's price experiences larger fluctuations and is considered to be riskier than FIBUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.