FBLTX vs. TLT
Compare and contrast key facts about Fidelity SAI Long-Term Treasury Bond Index Fund (FBLTX) and iShares 20+ Year Treasury Bond ETF (TLT).
FBLTX is managed by Fidelity. It was launched on Oct 8, 2015. TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBLTX or TLT.
Correlation
The correlation between FBLTX and TLT is 0.99, 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. TLT - Performance Comparison
Key characteristics
FBLTX:
0.17
TLT:
0.23
FBLTX:
0.33
TLT:
0.41
FBLTX:
1.04
TLT:
1.05
FBLTX:
0.05
TLT:
0.07
FBLTX:
0.32
TLT:
0.44
FBLTX:
7.29%
TLT:
7.34%
FBLTX:
14.17%
TLT:
14.26%
FBLTX:
-51.04%
TLT:
-48.35%
FBLTX:
-45.02%
TLT:
-41.98%
Returns By Period
In the year-to-date period, FBLTX achieves a 0.83% return, which is significantly lower than TLT's 1.27% return.
FBLTX
0.83%
-3.83%
-4.84%
2.65%
-10.73%
N/A
TLT
1.27%
-3.66%
-4.78%
2.64%
-9.85%
-1.37%
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FBLTX vs. TLT - Expense Ratio Comparison
FBLTX has a 0.03% expense ratio, which is lower than TLT's 0.15% expense ratio. Despite the difference, 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
FBLTX vs. TLT — Risk-Adjusted Performance Rank
FBLTX
TLT
FBLTX vs. TLT - 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 iShares 20+ Year Treasury Bond ETF (TLT). 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. TLT - Dividend Comparison
FBLTX's dividend yield for the trailing twelve months is around 3.98%, less than TLT's 4.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBLTX Fidelity SAI Long-Term Treasury Bond Index Fund | 3.98% | 3.93% | 3.29% | 2.99% | 1.87% | 1.91% | 2.40% | 2.87% | 2.69% | 2.79% | 0.64% | 0.00% |
TLT iShares 20+ Year Treasury Bond ETF | 4.30% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% |
Drawdowns
FBLTX vs. TLT - Drawdown Comparison
The maximum FBLTX drawdown since its inception was -51.04%, which is greater than TLT's maximum drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for FBLTX and TLT. For additional features, visit the drawdowns tool.
Volatility
FBLTX vs. TLT - Volatility Comparison
Fidelity SAI Long-Term Treasury Bond Index Fund (FBLTX) and iShares 20+ Year Treasury Bond ETF (TLT) have volatilities of 5.70% and 5.56%, 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.