EVTR vs. FBND
Compare and contrast key facts about Eaton Vance Total Return Bond ETF (EVTR) and Fidelity Total Bond ETF (FBND).
EVTR and FBND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EVTR is an actively managed fund by Eaton Vance. It was launched on Nov 14, 1984. 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: EVTR or FBND.
Key characteristics
| EVTR | FBND | |
|---|---|---|
| Daily Std Dev | 4.96% | 6.00% |
| Max Drawdown | -3.21% | -17.25% |
| Current Drawdown | -3.09% | -5.34% |
Correlation
The correlation between EVTR and FBND is 0.93, 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
EVTR vs. FBND - Performance Comparison
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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EVTR vs. FBND - Expense Ratio Comparison
EVTR has a 0.32% expense ratio, which is lower than FBND's 0.36% expense ratio.
Risk-Adjusted Performance
EVTR vs. FBND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Total Return Bond ETF (EVTR) 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.
Not enough dataDividends
EVTR vs. FBND - Dividend Comparison
EVTR's dividend yield for the trailing twelve months is around 3.39%, less than FBND's 4.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
EVTR Eaton Vance Total Return Bond ETF | 3.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FBND 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
EVTR vs. FBND - Drawdown Comparison
The maximum EVTR drawdown since its inception was -3.21%, smaller than the maximum FBND drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for EVTR and FBND. For additional features, visit the drawdowns tool.
Volatility
EVTR vs. FBND - Volatility Comparison
The current volatility for Eaton Vance Total Return Bond ETF (EVTR) is 1.50%, while Fidelity Total Bond ETF (FBND) has a volatility of 1.67%. This indicates that EVTR experiences smaller price fluctuations and is considered to be less risky than FBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.