FBND vs. IUSB
Compare and contrast key facts about Fidelity Total Bond ETF (FBND) and iShares Core Total USD Bond Market ETF (IUSB).
FBND and IUSB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FBND is an actively managed fund by Fidelity. It was launched on Oct 6, 2014. IUSB is a passively managed fund by iShares that tracks the performance of the Barclays U.S. Universal Index. It was launched on Jun 10, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBND or IUSB.
Key characteristics
| FBND | IUSB | |
|---|---|---|
| YTD Return | 2.31% | 2.12% |
| 1Y Return | 7.75% | 7.22% |
| 3Y Return (Ann) | -1.31% | -1.76% |
| 5Y Return (Ann) | 0.97% | 0.10% |
| 10Y Return (Ann) | 2.23% | 1.73% |
| Sharpe Ratio | 1.46 | 1.44 |
| Sortino Ratio | 2.11 | 2.13 |
| Omega Ratio | 1.26 | 1.26 |
| Calmar Ratio | 0.69 | 0.59 |
| Martin Ratio | 5.58 | 5.21 |
| Ulcer Index | 1.51% | 1.50% |
| Daily Std Dev | 5.80% | 5.43% |
| Max Drawdown | -17.25% | -17.98% |
| Current Drawdown | -5.36% | -7.01% |
Correlation
The correlation between FBND and IUSB is 0.83, 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. IUSB - Performance Comparison
In the year-to-date period, FBND achieves a 2.31% return, which is significantly higher than IUSB's 2.12% return. Over the past 10 years, FBND has outperformed IUSB with an annualized return of 2.23%, while IUSB has yielded a comparatively lower 1.73% annualized 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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FBND vs. IUSB - Expense Ratio Comparison
FBND has a 0.36% expense ratio, which is higher than IUSB's 0.06% expense ratio.
Risk-Adjusted Performance
FBND vs. IUSB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Total Bond ETF (FBND) and iShares Core Total USD Bond Market ETF (IUSB). 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. IUSB - Dividend Comparison
FBND's dividend yield for the trailing twelve months is around 4.60%, more than IUSB's 3.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FBND Fidelity Total Bond ETF | 4.60% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% | 0.66% |
IUSB iShares Core Total USD Bond Market ETF | 3.94% | 3.46% | 2.53% | 1.74% | 2.45% | 3.04% | 2.98% | 2.56% | 2.60% | 1.95% | 1.39% |
Drawdowns
FBND vs. IUSB - Drawdown Comparison
The maximum FBND drawdown since its inception was -17.25%, roughly equal to the maximum IUSB drawdown of -17.98%. Use the drawdown chart below to compare losses from any high point for FBND and IUSB. For additional features, visit the drawdowns tool.
Volatility
FBND vs. IUSB - Volatility Comparison
Fidelity Total Bond ETF (FBND) and iShares Core Total USD Bond Market ETF (IUSB) have volatilities of 1.53% and 1.54%, 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.