BNDI vs. FBND
Compare and contrast key facts about Neos Enhanced Income Aggregate Bond ETF (BNDI) and Fidelity Total Bond ETF (FBND).
BNDI and FBND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BNDI is an actively managed fund by Neos. It was launched on Aug 29, 2022. 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: BNDI or FBND.
Correlation
The correlation between BNDI and FBND is 0.26, 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
BNDI vs. FBND - Performance Comparison
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Key characteristics
BNDI:
0.88
FBND:
0.98
BNDI:
1.19
FBND:
1.32
BNDI:
1.15
FBND:
1.16
BNDI:
0.99
FBND:
0.53
BNDI:
2.24
FBND:
2.55
BNDI:
2.03%
FBND:
1.90%
BNDI:
5.50%
FBND:
5.37%
BNDI:
-6.98%
FBND:
-17.25%
BNDI:
-1.82%
FBND:
-3.57%
Returns By Period
In the year-to-date period, BNDI achieves a 1.69% return, which is significantly lower than FBND's 2.08% return.
BNDI
1.69%
0.78%
1.32%
4.81%
N/A
N/A
N/A
FBND
2.08%
0.48%
1.65%
5.25%
2.50%
0.38%
2.21%
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BNDI vs. FBND - Expense Ratio Comparison
BNDI has a 0.58% expense ratio, which is higher than FBND's 0.36% expense ratio.
Risk-Adjusted Performance
BNDI vs. FBND — Risk-Adjusted Performance Rank
BNDI
FBND
BNDI vs. FBND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neos Enhanced Income Aggregate Bond ETF (BNDI) 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.
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Dividends
BNDI vs. FBND - Dividend Comparison
BNDI's dividend yield for the trailing twelve months is around 5.70%, more than FBND's 4.67% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
BNDI Neos Enhanced Income Aggregate Bond ETF | 5.70% | 5.54% | 5.18% | 1.68% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FBND Fidelity Total Bond ETF | 4.67% | 4.73% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% | 0.66% |
Drawdowns
BNDI vs. FBND - Drawdown Comparison
The maximum BNDI drawdown since its inception was -6.98%, smaller than the maximum FBND drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for BNDI and FBND. For additional features, visit the drawdowns tool.
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Volatility
BNDI vs. FBND - Volatility Comparison
Neos Enhanced Income Aggregate Bond ETF (BNDI) and Fidelity Total Bond ETF (FBND) have volatilities of 1.48% and 1.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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