FCBFX vs. VCIT
Compare and contrast key facts about Fidelity Corporate Bond Fund (FCBFX) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT).
FCBFX is managed by Fidelity. It was launched on May 4, 2010. VCIT is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 5-10 Year Corp 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: FCBFX or VCIT.
Correlation
The correlation between FCBFX and VCIT is 0.85, 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
FCBFX vs. VCIT - Performance Comparison
Key characteristics
FCBFX:
1.08
VCIT:
1.50
FCBFX:
1.60
VCIT:
2.17
FCBFX:
1.19
VCIT:
1.27
FCBFX:
0.46
VCIT:
0.77
FCBFX:
3.21
VCIT:
4.98
FCBFX:
1.97%
VCIT:
1.66%
FCBFX:
5.85%
VCIT:
5.50%
FCBFX:
-23.12%
VCIT:
-20.56%
FCBFX:
-8.02%
VCIT:
-3.54%
Returns By Period
In the year-to-date period, FCBFX achieves a 0.64% return, which is significantly lower than VCIT's 1.73% return. Over the past 10 years, FCBFX has underperformed VCIT with an annualized return of 2.17%, while VCIT has yielded a comparatively higher 2.56% annualized return.
FCBFX
0.64%
-1.55%
-0.91%
6.43%
0.04%
2.17%
VCIT
1.73%
-0.79%
0.08%
8.04%
1.04%
2.56%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FCBFX vs. VCIT - Expense Ratio Comparison
FCBFX has a 0.44% expense ratio, which is higher than VCIT's 0.04% expense ratio.
Risk-Adjusted Performance
FCBFX vs. VCIT — Risk-Adjusted Performance Rank
FCBFX
VCIT
FCBFX vs. VCIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Corporate Bond Fund (FCBFX) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT). 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
FCBFX vs. VCIT - Dividend Comparison
FCBFX's dividend yield for the trailing twelve months is around 4.04%, less than VCIT's 4.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCBFX Fidelity Corporate Bond Fund | 4.04% | 3.94% | 3.74% | 3.37% | 2.53% | 2.58% | 3.29% | 3.64% | 3.17% | 3.26% | 3.32% | 3.07% |
VCIT Vanguard Intermediate-Term Corporate Bond ETF | 4.49% | 4.43% | 3.72% | 3.04% | 2.88% | 2.78% | 3.37% | 3.61% | 3.21% | 3.29% | 3.34% | 3.34% |
Drawdowns
FCBFX vs. VCIT - Drawdown Comparison
The maximum FCBFX drawdown since its inception was -23.12%, which is greater than VCIT's maximum drawdown of -20.56%. Use the drawdown chart below to compare losses from any high point for FCBFX and VCIT. For additional features, visit the drawdowns tool.
Volatility
FCBFX vs. VCIT - Volatility Comparison
The current volatility for Fidelity Corporate Bond Fund (FCBFX) is 2.24%, while Vanguard Intermediate-Term Corporate Bond ETF (VCIT) has a volatility of 2.62%. This indicates that FCBFX experiences smaller price fluctuations and is considered to be less risky than VCIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.