PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FCNVX vs. KO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FCNVX vs. KO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Conservative Income Bond Institutional Class (FCNVX) and The Coca-Cola Company (KO). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
2.83%
0.95%
FCNVX
KO

Returns By Period

In the year-to-date period, FCNVX achieves a 5.01% return, which is significantly lower than KO's 8.63% return. Over the past 10 years, FCNVX has underperformed KO with an annualized return of 2.03%, while KO has yielded a comparatively higher 6.82% annualized return.


FCNVX

YTD

5.01%

1M

0.42%

6M

2.83%

1Y

5.79%

5Y (annualized)

2.59%

10Y (annualized)

2.03%

KO

YTD

8.63%

1M

-11.14%

6M

0.95%

1Y

12.41%

5Y (annualized)

6.67%

10Y (annualized)

6.82%

Key characteristics


FCNVXKO
Sharpe Ratio3.641.01
Sortino Ratio14.211.49
Omega Ratio4.551.18
Calmar Ratio57.910.85
Martin Ratio117.463.52
Ulcer Index0.05%3.61%
Daily Std Dev1.58%12.57%
Max Drawdown-2.19%-40.60%
Current Drawdown0.00%-13.68%

Compare stocks, funds, or ETFs

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


Correlation

-0.50.00.51.0-0.0

The correlation between FCNVX and KO is -0.00. 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.

Risk-Adjusted Performance

FCNVX vs. KO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Conservative Income Bond Institutional Class (FCNVX) and The Coca-Cola Company (KO). 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.


Sharpe ratio
The chart of Sharpe ratio for FCNVX, currently valued at 3.64, compared to the broader market0.002.004.003.640.81
The chart of Sortino ratio for FCNVX, currently valued at 14.21, compared to the broader market0.005.0010.0014.211.22
The chart of Omega ratio for FCNVX, currently valued at 4.55, compared to the broader market1.002.003.004.004.551.15
The chart of Calmar ratio for FCNVX, currently valued at 57.91, compared to the broader market0.005.0010.0015.0020.0025.0057.910.68
The chart of Martin ratio for FCNVX, currently valued at 117.46, compared to the broader market0.0020.0040.0060.0080.00100.00117.462.82
FCNVX
KO

The current FCNVX Sharpe Ratio is 3.64, which is higher than the KO Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of FCNVX and KO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
3.64
0.81
FCNVX
KO

Dividends

FCNVX vs. KO - Dividend Comparison

FCNVX's dividend yield for the trailing twelve months is around 5.21%, more than KO's 3.06% yield.


TTM20232022202120202019201820172016201520142013
FCNVX
Fidelity Conservative Income Bond Institutional Class
5.21%4.97%1.65%0.29%1.01%2.46%2.20%1.30%0.93%0.54%0.39%0.62%
KO
The Coca-Cola Company
3.06%3.12%2.77%2.84%2.99%2.89%3.29%3.23%3.38%3.07%2.89%2.71%

Drawdowns

FCNVX vs. KO - Drawdown Comparison

The maximum FCNVX drawdown since its inception was -2.19%, smaller than the maximum KO drawdown of -40.60%. Use the drawdown chart below to compare losses from any high point for FCNVX and KO. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-13.68%
FCNVX
KO

Volatility

FCNVX vs. KO - Volatility Comparison

The current volatility for Fidelity Conservative Income Bond Institutional Class (FCNVX) is 0.44%, while The Coca-Cola Company (KO) has a volatility of 4.18%. This indicates that FCNVX experiences smaller price fluctuations and is considered to be less risky than KO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
0.44%
4.18%
FCNVX
KO