FBLTX vs. FBND
Compare and contrast key facts about Fidelity SAI Long-Term Treasury Bond Index Fund (FBLTX) and Fidelity Total Bond ETF (FBND).
FBLTX is managed by Fidelity. It was launched on Oct 8, 2015. 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: FBLTX or FBND.
Key characteristics
| FBLTX | FBND | |
|---|---|---|
| YTD Return | -5.24% | 2.18% |
| 1Y Return | 6.78% | 8.52% |
| 3Y Return (Ann) | -12.74% | -1.72% |
| 5Y Return (Ann) | -6.34% | 1.06% |
| Sharpe Ratio | 0.48 | 1.51 |
| Sortino Ratio | 0.77 | 2.21 |
| Omega Ratio | 1.09 | 1.27 |
| Calmar Ratio | 0.15 | 0.68 |
| Martin Ratio | 1.18 | 6.37 |
| Ulcer Index | 5.86% | 1.43% |
| Daily Std Dev | 14.82% | 6.01% |
| Max Drawdown | -51.05% | -17.25% |
| Current Drawdown | -44.15% | -5.49% |
Correlation
The correlation between FBLTX and FBND is 0.77, 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
FBLTX vs. FBND - Performance Comparison
In the year-to-date period, FBLTX achieves a -5.24% return, which is significantly lower than FBND's 2.18% 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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FBLTX vs. FBND - Expense Ratio Comparison
FBLTX has a 0.03% expense ratio, which is lower than FBND's 0.36% expense ratio.
Risk-Adjusted Performance
FBLTX vs. FBND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Long-Term Treasury Bond Index Fund (FBLTX) 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.
Dividends
FBLTX vs. FBND - Dividend Comparison
FBLTX's dividend yield for the trailing twelve months is around 3.74%, less than FBND's 4.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FBLTX Fidelity SAI Long-Term Treasury Bond Index Fund | 3.74% | 3.29% | 2.99% | 1.87% | 1.91% | 2.40% | 2.87% | 2.69% | 2.79% | 0.64% | 0.00% |
FBND Fidelity Total Bond ETF | 4.61% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% | 0.66% |
Drawdowns
FBLTX vs. FBND - Drawdown Comparison
The maximum FBLTX drawdown since its inception was -51.05%, which is greater than FBND's maximum drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for FBLTX and FBND. For additional features, visit the drawdowns tool.
Volatility
FBLTX vs. FBND - Volatility Comparison
Fidelity SAI Long-Term Treasury Bond Index Fund (FBLTX) has a higher volatility of 4.54% compared to Fidelity Total Bond ETF (FBND) at 1.33%. This indicates that FBLTX's price experiences larger fluctuations and is considered to be riskier than FBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.