FCSTX vs. VCADX
Compare and contrast key facts about Fidelity California Limited Term Tax-Free Bond Fund (FCSTX) and Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares (VCADX).
FCSTX is managed by Fidelity. It was launched on Oct 25, 2005. VCADX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCSTX or VCADX.
Correlation
The correlation between FCSTX and VCADX is 0.75, 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
FCSTX vs. VCADX - Performance Comparison
Key characteristics
FCSTX:
1.39
VCADX:
0.98
FCSTX:
2.01
VCADX:
1.37
FCSTX:
1.31
VCADX:
1.20
FCSTX:
0.90
VCADX:
0.86
FCSTX:
4.19
VCADX:
2.84
FCSTX:
0.62%
VCADX:
0.97%
FCSTX:
1.88%
VCADX:
2.81%
FCSTX:
-7.51%
VCADX:
-11.16%
FCSTX:
-0.16%
VCADX:
-0.73%
Returns By Period
In the year-to-date period, FCSTX achieves a 0.66% return, which is significantly higher than VCADX's 0.60% return. Over the past 10 years, FCSTX has underperformed VCADX with an annualized return of 1.25%, while VCADX has yielded a comparatively higher 2.24% annualized return.
FCSTX
0.66%
0.66%
0.86%
2.72%
0.67%
1.25%
VCADX
0.60%
0.87%
0.85%
2.83%
0.96%
2.24%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FCSTX vs. VCADX - Expense Ratio Comparison
FCSTX has a 0.47% expense ratio, which is higher than VCADX's 0.09% expense ratio.
Risk-Adjusted Performance
FCSTX vs. VCADX — Risk-Adjusted Performance Rank
FCSTX
VCADX
FCSTX vs. VCADX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity California Limited Term Tax-Free Bond Fund (FCSTX) and Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares (VCADX). 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
FCSTX vs. VCADX - Dividend Comparison
FCSTX's dividend yield for the trailing twelve months is around 1.99%, less than VCADX's 2.87% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCSTX Fidelity California Limited Term Tax-Free Bond Fund | 1.99% | 1.99% | 1.67% | 1.35% | 1.27% | 1.52% | 1.72% | 1.71% | 1.59% | 1.64% | 1.79% | 1.89% |
VCADX Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares | 2.87% | 2.86% | 2.57% | 2.36% | 2.10% | 2.27% | 2.52% | 2.71% | 2.68% | 2.78% | 2.87% | 3.08% |
Drawdowns
FCSTX vs. VCADX - Drawdown Comparison
The maximum FCSTX drawdown since its inception was -7.51%, smaller than the maximum VCADX drawdown of -11.16%. Use the drawdown chart below to compare losses from any high point for FCSTX and VCADX. For additional features, visit the drawdowns tool.
Volatility
FCSTX vs. VCADX - Volatility Comparison
The current volatility for Fidelity California Limited Term Tax-Free Bond Fund (FCSTX) is 0.52%, while Vanguard California Intermediate-Term Tax-Exempt Fund Admiral Shares (VCADX) has a volatility of 0.80%. This indicates that FCSTX experiences smaller price fluctuations and is considered to be less risky than VCADX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.