FBKWX vs. BND
Compare and contrast key facts about Fidelity Advisor Total Bond Fund Class Z (FBKWX) and Vanguard Total Bond Market ETF (BND).
FBKWX is managed by Fidelity. It was launched on Oct 15, 2002. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBKWX or BND.
Key characteristics
| FBKWX | BND | |
|---|---|---|
| YTD Return | 2.84% | 1.45% |
| 1Y Return | 8.94% | 7.43% |
| 3Y Return (Ann) | -1.52% | -2.66% |
| 5Y Return (Ann) | 0.66% | -0.18% |
| Sharpe Ratio | 1.65 | 1.37 |
| Sortino Ratio | 2.50 | 2.00 |
| Omega Ratio | 1.30 | 1.24 |
| Calmar Ratio | 0.69 | 0.50 |
| Martin Ratio | 6.52 | 4.97 |
| Ulcer Index | 1.44% | 1.61% |
| Daily Std Dev | 5.75% | 5.83% |
| Max Drawdown | -18.08% | -18.84% |
| Current Drawdown | -5.49% | -9.29% |
Correlation
The correlation between FBKWX and BND is 0.90, 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
FBKWX vs. BND - Performance Comparison
In the year-to-date period, FBKWX achieves a 2.84% return, which is significantly higher than BND's 1.45% 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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FBKWX vs. BND - Expense Ratio Comparison
FBKWX has a 0.36% expense ratio, which is higher than BND's 0.03% expense ratio.
Risk-Adjusted Performance
FBKWX vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Total Bond Fund Class Z (FBKWX) and Vanguard Total Bond Market ETF (BND). 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
FBKWX vs. BND - Dividend Comparison
FBKWX's dividend yield for the trailing twelve months is around 4.45%, more than BND's 3.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBKWX Fidelity Advisor Total Bond Fund Class Z | 4.45% | 4.23% | 3.42% | 2.29% | 2.62% | 3.02% | 3.31% | 2.84% | 3.06% | 3.81% | 0.22% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.58% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
FBKWX vs. BND - Drawdown Comparison
The maximum FBKWX drawdown since its inception was -18.08%, roughly equal to the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for FBKWX and BND. For additional features, visit the drawdowns tool.
Volatility
FBKWX vs. BND - Volatility Comparison
Fidelity Advisor Total Bond Fund Class Z (FBKWX) and Vanguard Total Bond Market ETF (BND) have volatilities of 1.48% and 1.45%, 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.