FDRXX vs. BINC

In the year-to-date period, FDRXX achieves a 1.34% return, which is significantly lower than BINC's 2.55% return.

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

FDRXX has a 0.38% expense ratio, which is lower than BINC's 0.40% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Fidelity Government Cash Reserves (FDRXX) and BlackRock Flexible Income ETF (BINC). 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.

The current FDRXX Sharpe Ratio is 3.59, which is higher than the BINC Sharpe Ratio of 2.54. The chart below compares the historical Sharpe Ratios of FDRXX and BINC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

FDRXX's dividend yield for the trailing twelve months is around 4.52%, less than BINC's 6.44% yield.

The maximum FDRXX drawdown since its inception was 0.00%, smaller than the maximum BINC drawdown of -2.37%. Use the drawdown chart below to compare losses from any high point for FDRXX and BINC.

The current volatility for Fidelity Government Cash Reserves (FDRXX) is 0.00%, while BlackRock Flexible Income ETF (BINC) has a volatility of 0.69%. This indicates that FDRXX experiences smaller price fluctuations and is considered to be less risky than BINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.