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

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

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

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Key characteristics

Sharpe Ratio

BNDI:

0.88

FBND:

0.98

Sortino Ratio

BNDI:

1.19

FBND:

1.32

Omega Ratio

BNDI:

1.15

FBND:

1.16

Calmar Ratio

BNDI:

0.99

FBND:

0.53

Martin Ratio

BNDI:

2.24

FBND:

2.55

Ulcer Index

BNDI:

2.03%

FBND:

1.90%

Daily Std Dev

BNDI:

5.50%

FBND:

5.37%

Max Drawdown

BNDI:

-6.98%

FBND:

-17.25%

Current Drawdown

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

YTD

1.69%

1M

0.78%

6M

1.32%

1Y

4.81%

3Y*

N/A

5Y*

N/A

10Y*

N/A

FBND

YTD

2.08%

1M

0.48%

6M

1.65%

1Y

5.25%

3Y*

2.50%

5Y*

0.38%

10Y*

2.21%

*Annualized

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Fidelity Total Bond ETF

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BNDI
The Risk-Adjusted Performance Rank of BNDI is 7070
Overall Rank
The Sharpe Ratio Rank of BNDI is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of BNDI is 7171
Sortino Ratio Rank
The Omega Ratio Rank of BNDI is 6464
Omega Ratio Rank
The Calmar Ratio Rank of BNDI is 8181
Calmar Ratio Rank
The Martin Ratio Rank of BNDI is 6060
Martin Ratio Rank

FBND
The Risk-Adjusted Performance Rank of FBND is 7070
Overall Rank
The Sharpe Ratio Rank of FBND is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of FBND is 7777
Sortino Ratio Rank
The Omega Ratio Rank of FBND is 6868
Omega Ratio Rank
The Calmar Ratio Rank of FBND is 5858
Calmar Ratio Rank
The Martin Ratio Rank of FBND is 6666
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current BNDI Sharpe Ratio is 0.88, which is comparable to the FBND Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of BNDI 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.


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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.


TTM20242023202220212020201920182017201620152014
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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