FCBFX vs. EOT
Compare and contrast key facts about Fidelity Corporate Bond Fund (FCBFX) and Eaton Vance National Municipal Opportunities Trust (EOT).
FCBFX is managed by Fidelity. It was launched on May 4, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCBFX or EOT.
Correlation
The correlation between FCBFX and EOT is -0.12. 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
FCBFX vs. EOT - Performance Comparison
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Key characteristics
FCBFX:
0.88
EOT:
0.64
FCBFX:
1.39
EOT:
0.92
FCBFX:
1.16
EOT:
1.12
FCBFX:
0.44
EOT:
0.25
FCBFX:
2.70
EOT:
1.61
FCBFX:
2.04%
EOT:
3.84%
FCBFX:
5.86%
EOT:
9.93%
FCBFX:
-23.12%
EOT:
-33.25%
FCBFX:
-7.35%
EOT:
-18.50%
Returns By Period
In the year-to-date period, FCBFX achieves a 1.37% return, which is significantly lower than EOT's 3.71% return. Over the past 10 years, FCBFX has underperformed EOT with an annualized return of 2.48%, while EOT has yielded a comparatively higher 2.67% annualized return.
FCBFX
1.37%
1.71%
0.13%
5.51%
0.37%
2.48%
EOT
3.71%
6.24%
-2.33%
6.55%
2.24%
2.67%
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Risk-Adjusted Performance
FCBFX vs. EOT — Risk-Adjusted Performance Rank
FCBFX
EOT
FCBFX vs. EOT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Corporate Bond Fund (FCBFX) and Eaton Vance National Municipal Opportunities Trust (EOT). 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.
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Dividends
FCBFX vs. EOT - Dividend Comparison
FCBFX's dividend yield for the trailing twelve months is around 4.05%, less than EOT's 4.81% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCBFX Fidelity Corporate Bond Fund | 4.05% | 3.94% | 3.74% | 3.37% | 2.53% | 2.58% | 3.29% | 3.64% | 3.17% | 3.26% | 3.32% | 3.07% |
EOT Eaton Vance National Municipal Opportunities Trust | 4.81% | 4.77% | 4.43% | 4.56% | 3.44% | 3.80% | 4.76% | 6.13% | 5.12% | 5.95% | 4.83% | 4.90% |
Drawdowns
FCBFX vs. EOT - Drawdown Comparison
The maximum FCBFX drawdown since its inception was -23.12%, smaller than the maximum EOT drawdown of -33.25%. Use the drawdown chart below to compare losses from any high point for FCBFX and EOT. For additional features, visit the drawdowns tool.
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Volatility
FCBFX vs. EOT - Volatility Comparison
The current volatility for Fidelity Corporate Bond Fund (FCBFX) is 1.67%, while Eaton Vance National Municipal Opportunities Trust (EOT) has a volatility of 4.55%. This indicates that FCBFX experiences smaller price fluctuations and is considered to be less risky than EOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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