FBND vs. VGSH
Compare and contrast key facts about Fidelity Total Bond ETF (FBND) and Vanguard Short-Term Treasury ETF (VGSH).
FBND and VGSH 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. VGSH is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 1-3 Year Government Float Adjusted Index. It was launched on Nov 19, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBND or VGSH.
Key characteristics
| FBND | VGSH | |
|---|---|---|
| YTD Return | 2.31% | 3.24% |
| 1Y Return | 8.44% | 5.04% |
| 3Y Return (Ann) | -1.31% | 1.12% |
| 5Y Return (Ann) | 0.97% | 1.24% |
| 10Y Return (Ann) | 2.25% | 1.25% |
| Sharpe Ratio | 1.31 | 2.58 |
| Sortino Ratio | 1.90 | 4.11 |
| Omega Ratio | 1.23 | 1.54 |
| Calmar Ratio | 0.60 | 2.22 |
| Martin Ratio | 5.11 | 13.54 |
| Ulcer Index | 1.50% | 0.36% |
| Daily Std Dev | 5.85% | 1.88% |
| Max Drawdown | -17.25% | -5.70% |
| Current Drawdown | -5.36% | -0.96% |
Correlation
The correlation between FBND and VGSH is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FBND vs. VGSH - Performance Comparison
In the year-to-date period, FBND achieves a 2.31% return, which is significantly lower than VGSH's 3.24% return. Over the past 10 years, FBND has outperformed VGSH with an annualized return of 2.25%, while VGSH has yielded a comparatively lower 1.25% 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. VGSH - Expense Ratio Comparison
FBND has a 0.36% expense ratio, which is higher than VGSH's 0.04% expense ratio.
Risk-Adjusted Performance
FBND vs. VGSH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Total Bond ETF (FBND) and Vanguard Short-Term Treasury ETF (VGSH). 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. VGSH - Dividend Comparison
FBND's dividend yield for the trailing twelve months is around 4.60%, more than VGSH's 4.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
VGSH Vanguard Short-Term Treasury ETF | 4.15% | 3.32% | 1.15% | 0.66% | 1.75% | 2.28% | 1.79% | 1.10% | 0.84% | 0.71% | 0.46% | 0.34% |
Drawdowns
FBND vs. VGSH - Drawdown Comparison
The maximum FBND drawdown since its inception was -17.25%, which is greater than VGSH's maximum drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for FBND and VGSH. For additional features, visit the drawdowns tool.
Volatility
FBND vs. VGSH - Volatility Comparison
Fidelity Total Bond ETF (FBND) has a higher volatility of 1.57% compared to Vanguard Short-Term Treasury ETF (VGSH) at 0.41%. This indicates that FBND's price experiences larger fluctuations and is considered to be riskier than VGSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.