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FBND vs. FTBFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FBNDFTBFX
YTD Return-1.52%-1.06%
1Y Return1.15%1.72%
3Y Return (Ann)-2.29%-2.19%
5Y Return (Ann)1.15%1.20%
Sharpe Ratio0.160.39
Daily Std Dev6.68%6.29%
Max Drawdown-17.25%-17.61%
Current Drawdown-8.91%-8.77%

Correlation

-0.50.00.51.00.8

The correlation between FBND and FTBFX is 0.81, 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

FBND vs. FTBFX - Performance Comparison

In the year-to-date period, FBND achieves a -1.52% return, which is significantly lower than FTBFX's -1.06% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


14.00%16.00%18.00%20.00%22.00%24.00%December2024FebruaryMarchAprilMay
19.89%
21.20%
FBND
FTBFX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Fidelity Total Bond ETF

Fidelity Total Bond Fund

FBND vs. FTBFX - Expense Ratio Comparison

FBND has a 0.36% expense ratio, which is lower than FTBFX's 0.45% expense ratio.


FTBFX
Fidelity Total Bond Fund
Expense ratio chart for FTBFX: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%
Expense ratio chart for FBND: current value at 0.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.36%

Risk-Adjusted Performance

FBND vs. FTBFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Total Bond ETF (FBND) and Fidelity Total Bond Fund (FTBFX). 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.


FBND
Sharpe ratio
The chart of Sharpe ratio for FBND, currently valued at 0.30, compared to the broader market0.002.004.000.30
Sortino ratio
The chart of Sortino ratio for FBND, currently valued at 0.47, compared to the broader market-2.000.002.004.006.008.0010.000.47
Omega ratio
The chart of Omega ratio for FBND, currently valued at 1.05, compared to the broader market0.501.001.502.002.501.05
Calmar ratio
The chart of Calmar ratio for FBND, currently valued at 0.13, compared to the broader market0.002.004.006.008.0010.0012.0014.000.13
Martin ratio
The chart of Martin ratio for FBND, currently valued at 0.84, compared to the broader market0.0020.0040.0060.0080.000.84
FTBFX
Sharpe ratio
The chart of Sharpe ratio for FTBFX, currently valued at 0.39, compared to the broader market0.002.004.000.39
Sortino ratio
The chart of Sortino ratio for FTBFX, currently valued at 0.61, compared to the broader market-2.000.002.004.006.008.0010.000.61
Omega ratio
The chart of Omega ratio for FTBFX, currently valued at 1.07, compared to the broader market0.501.001.502.002.501.07
Calmar ratio
The chart of Calmar ratio for FTBFX, currently valued at 0.16, compared to the broader market0.002.004.006.008.0010.0012.0014.000.16
Martin ratio
The chart of Martin ratio for FTBFX, currently valued at 1.11, compared to the broader market0.0020.0040.0060.0080.001.11

FBND vs. FTBFX - Sharpe Ratio Comparison

The current FBND Sharpe Ratio is 0.16, which is lower than the FTBFX Sharpe Ratio of 0.39. The chart below compares the 12-month rolling Sharpe Ratio of FBND and FTBFX.


Rolling 12-month Sharpe Ratio0.000.200.400.600.801.001.20December2024FebruaryMarchAprilMay
0.30
0.39
FBND
FTBFX

Dividends

FBND vs. FTBFX - Dividend Comparison

FBND's dividend yield for the trailing twelve months is around 4.59%, more than FTBFX's 4.24% yield.


TTM20232022202120202019201820172016201520142013
FBND
Fidelity Total Bond ETF
4.59%4.26%3.07%1.86%4.25%2.90%2.93%2.56%2.84%3.26%0.66%0.00%
FTBFX
Fidelity Total Bond Fund
4.24%4.15%3.33%2.24%5.22%3.03%3.18%2.98%3.21%3.71%3.13%3.91%

Drawdowns

FBND vs. FTBFX - Drawdown Comparison

The maximum FBND drawdown since its inception was -17.25%, roughly equal to the maximum FTBFX drawdown of -17.61%. Use the drawdown chart below to compare losses from any high point for FBND and FTBFX. For additional features, visit the drawdowns tool.


-13.00%-12.00%-11.00%-10.00%-9.00%-8.00%-7.00%December2024FebruaryMarchAprilMay
-8.91%
-8.77%
FBND
FTBFX

Volatility

FBND vs. FTBFX - Volatility Comparison

Fidelity Total Bond ETF (FBND) and Fidelity Total Bond Fund (FTBFX) have volatilities of 2.11% and 2.01%, 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.


1.00%1.50%2.00%2.50%3.00%December2024FebruaryMarchAprilMay
2.11%
2.01%
FBND
FTBFX