FBND vs. FBNDX
Compare and contrast key facts about Fidelity Total Bond ETF (FBND) and Fidelity Investment Grade Bond Fund (FBNDX).
FBND is an actively managed fund by Fidelity. It was launched on Oct 6, 2014. FBNDX is managed by Fidelity. It was launched on Aug 6, 1971.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBND or FBNDX.
Correlation
The correlation between FBND and FBNDX is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FBND vs. FBNDX - Performance Comparison
Key characteristics
FBND:
1.32
FBNDX:
1.23
FBND:
1.92
FBNDX:
1.83
FBND:
1.23
FBNDX:
1.22
FBND:
0.69
FBNDX:
0.49
FBND:
3.81
FBNDX:
3.25
FBND:
1.88%
FBNDX:
2.11%
FBND:
5.42%
FBNDX:
5.57%
FBND:
-17.25%
FBNDX:
-20.16%
FBND:
-3.54%
FBNDX:
-8.19%
Returns By Period
In the year-to-date period, FBND achieves a 2.10% return, which is significantly higher than FBNDX's 1.67% return. Over the past 10 years, FBND has outperformed FBNDX with an annualized return of 2.11%, while FBNDX has yielded a comparatively lower 1.54% annualized return.
FBND
2.10%
-0.21%
1.24%
7.22%
0.56%
2.11%
FBNDX
1.67%
-0.50%
0.86%
6.54%
-0.67%
1.54%
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FBND vs. FBNDX - Expense Ratio Comparison
FBND has a 0.36% expense ratio, which is lower than FBNDX's 0.45% expense ratio.
Risk-Adjusted Performance
FBND vs. FBNDX — Risk-Adjusted Performance Rank
FBND
FBNDX
FBND vs. FBNDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Total Bond ETF (FBND) and Fidelity Investment Grade Bond Fund (FBNDX). 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
FBND vs. FBNDX - Dividend Comparison
FBND's dividend yield for the trailing twelve months is around 4.63%, more than FBNDX's 3.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBND Fidelity Total Bond ETF | 4.63% | 4.73% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% | 0.66% |
FBNDX Fidelity Investment Grade Bond Fund | 3.94% | 3.99% | 3.56% | 2.67% | 1.53% | 1.88% | 2.77% | 2.85% | 2.36% | 2.31% | 2.90% | 2.59% |
Drawdowns
FBND vs. FBNDX - Drawdown Comparison
The maximum FBND drawdown since its inception was -17.25%, smaller than the maximum FBNDX drawdown of -20.16%. Use the drawdown chart below to compare losses from any high point for FBND and FBNDX. For additional features, visit the drawdowns tool.
Volatility
FBND vs. FBNDX - Volatility Comparison
Fidelity Total Bond ETF (FBND) and Fidelity Investment Grade Bond Fund (FBNDX) have volatilities of 2.32% and 2.23%, 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.