FBIIX vs. VOO
Compare and contrast key facts about Fidelity International Bond Index Fund (FBIIX) and Vanguard S&P 500 ETF (VOO).
FBIIX is managed by Fidelity. It was launched on Oct 10, 2019. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBIIX or VOO.
Correlation
The correlation between FBIIX and VOO is 0.08, 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
FBIIX vs. VOO - Performance Comparison
Key characteristics
FBIIX:
0.92
VOO:
2.22
FBIIX:
1.21
VOO:
2.95
FBIIX:
1.18
VOO:
1.42
FBIIX:
0.42
VOO:
3.27
FBIIX:
4.40
VOO:
14.57
FBIIX:
0.68%
VOO:
1.90%
FBIIX:
3.29%
VOO:
12.47%
FBIIX:
-13.79%
VOO:
-33.99%
FBIIX:
-3.19%
VOO:
-1.77%
Returns By Period
In the year-to-date period, FBIIX achieves a 3.01% return, which is significantly lower than VOO's 26.92% return.
FBIIX
3.01%
-0.85%
2.42%
3.01%
0.23%
N/A
VOO
26.92%
0.27%
10.43%
27.36%
14.95%
13.12%
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FBIIX vs. VOO - Expense Ratio Comparison
FBIIX has a 0.06% expense ratio, which is higher than VOO's 0.03% 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%.
Risk-Adjusted Performance
FBIIX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity International Bond Index Fund (FBIIX) and Vanguard S&P 500 ETF (VOO). 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
FBIIX vs. VOO - Dividend Comparison
FBIIX's dividend yield for the trailing twelve months is around 1.86%, more than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBIIX Fidelity International Bond Index Fund | 1.86% | 2.85% | 1.02% | 0.62% | 0.74% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FBIIX vs. VOO - Drawdown Comparison
The maximum FBIIX drawdown since its inception was -13.79%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FBIIX and VOO. For additional features, visit the drawdowns tool.
Volatility
FBIIX vs. VOO - Volatility Comparison
The current volatility for Fidelity International Bond Index Fund (FBIIX) is 1.92%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.78%. This indicates that FBIIX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.