FCOM vs. FBND
Compare and contrast key facts about Fidelity MSCI Communication Services Index ETF (FCOM) and Fidelity Total Bond ETF (FBND).
FCOM and FBND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FCOM is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Telecommunication Services 25/50 Index. It was launched on Oct 21, 2013. FBND is an actively managed fund by Fidelity. It was launched on Oct 6, 2014.
Performance
FCOM vs. FBND - Performance Comparison
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FCOM vs. FBND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FCOM Fidelity MSCI Communication Services Index ETF | -6.08% | 26.06% | 33.05% | 44.65% | -38.97% | 13.88% | 28.33% | 26.69% | -5.33% | 8.20% |
FBND Fidelity Total Bond ETF | 0.12% | 7.57% | 2.13% | 6.81% | -12.54% | -0.43% | 9.41% | 9.82% | -0.57% | 3.52% |
Returns By Period
In the year-to-date period, FCOM achieves a -6.08% return, which is significantly lower than FBND's 0.12% return. Over the past 10 years, FCOM has outperformed FBND with an annualized return of 11.09%, while FBND has yielded a comparatively lower 2.78% annualized return.
FCOM
- 1D
- 0.78%
- 1M
- -5.28%
- YTD
- -6.08%
- 6M
- -1.89%
- 1Y
- 22.46%
- 3Y*
- 24.49%
- 5Y*
- 7.43%
- 10Y*
- 11.09%
FBND
- 1D
- -0.02%
- 1M
- -1.32%
- YTD
- 0.12%
- 6M
- 0.77%
- 1Y
- 4.53%
- 3Y*
- 4.42%
- 5Y*
- 1.01%
- 10Y*
- 2.78%
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FCOM vs. FBND - Expense Ratio Comparison
FCOM has a 0.08% expense ratio, which is lower than FBND's 0.36% expense ratio.
Return for Risk
FCOM vs. FBND — Risk / Return Rank
FCOM
FBND
FCOM vs. FBND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Communication Services Index ETF (FCOM) and Fidelity Total Bond ETF (FBND). 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.
| FCOM | FBND | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.11 | 1.03 | +0.09 |
Sortino ratioReturn per unit of downside risk | 1.73 | 1.44 | +0.29 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.18 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.72 | 1.69 | +0.03 |
Martin ratioReturn relative to average drawdown | 6.32 | 5.25 | +1.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FCOM | FBND | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 1.03 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.17 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.46 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.44 | +0.11 |
Correlation
The correlation between FCOM and FBND is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
FCOM vs. FBND - Dividend Comparison
FCOM's dividend yield for the trailing twelve months is around 0.99%, less than FBND's 4.73% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCOM Fidelity MSCI Communication Services Index ETF | 0.99% | 0.88% | 0.87% | 0.77% | 1.04% | 0.90% | 0.68% | 0.86% | 2.78% | 11.70% | 2.27% | 2.92% |
FBND Fidelity Total Bond ETF | 4.73% | 4.70% | 4.73% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% |
Drawdowns
FCOM vs. FBND - Drawdown Comparison
The maximum FCOM drawdown since its inception was -46.76%, which is greater than FBND's maximum drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for FCOM and FBND.
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Drawdown Indicators
| FCOM | FBND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.76% | -17.25% | -29.51% |
Max Drawdown (1Y)Largest decline over 1 year | -13.48% | -2.79% | -10.69% |
Max Drawdown (5Y)Largest decline over 5 years | -46.76% | -17.25% | -29.51% |
Max Drawdown (10Y)Largest decline over 10 years | -46.76% | -17.25% | -29.51% |
Current DrawdownCurrent decline from peak | -9.22% | -1.80% | -7.42% |
Average DrawdownAverage peak-to-trough decline | -8.74% | -3.38% | -5.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.67% | 0.90% | +2.77% |
Volatility
FCOM vs. FBND - Volatility Comparison
Fidelity MSCI Communication Services Index ETF (FCOM) has a higher volatility of 6.45% compared to Fidelity Total Bond ETF (FBND) at 1.66%. This indicates that FCOM's price experiences larger fluctuations and is considered to be riskier than FBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCOM | FBND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.45% | 1.66% | +4.79% |
Volatility (6M)Calculated over the trailing 6-month period | 11.61% | 2.62% | +8.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.30% | 4.44% | +15.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.20% | 5.90% | +15.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.94% | 6.08% | +14.86% |