FEPIX vs. IGV
FEPIX (Fidelity Total Bond Fund) and IGV (iShares Expanded Tech-Software Sector ETF) are both funds - FEPIX is a Total Bond Market fund managed by Fidelity, while IGV is a Technology Equities fund tracking the S&P North American Expanded Technology Software Index. Over the past 10 years, FEPIX returned 2.02%/yr vs 15.95%/yr for IGV. Their -0.07 correlation means they have often moved in opposite directions in the past. FEPIX charges 0.50%/yr vs 0.39%/yr for IGV.
Performance
FEPIX vs. IGV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FEPIX achieves a -0.59% return, which is significantly higher than IGV's -10.50% return. Over the past 10 years, FEPIX has underperformed IGV with an annualized return of 2.02%, while IGV has yielded a comparatively higher 15.95% annualized return.
FEPIX
- 1D
- 0.00%
- 1M
- -1.26%
- 6M
- -0.72%
- YTD
- -0.59%
- 1Y
- 1.91%
- 3Y*
- 3.93%
- 5Y*
- -0.08%
- 10Y*
- 2.02%
- ALL TIME*
- 3.68%
IGV
- 1D
- 1.36%
- 1M
- 1.08%
- 6M
- 4.75%
- YTD
- -10.50%
- 1Y
- -12.92%
- 3Y*
- 9.07%
- 5Y*
- 3.25%
- 10Y*
- 15.95%
- ALL TIME*
- 9.37%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $1.45B | $1.32B | $1.70B |
FEPIX vs. IGV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FEPIX Fidelity Total Bond Fund | -0.59% | 7.45% | 1.71% | 6.79% | -13.55% | -0.46% | 9.29% | 9.83% | -0.82% | 4.24% |
IGV iShares Expanded Tech-Software Sector ETF | -10.50% | 5.56% | 23.41% | 58.56% | -35.65% | 12.30% | 52.86% | 34.33% | 12.44% | 42.16% |
Correlation
The correlation between FEPIX and IGV is 0.14, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.14 |
Correlation (3Y) Balances recent behavior with more history. | 0.11 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.16 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2004 | -0.07 |
The correlation between FEPIX and IGV shifts across timeframes, from -0.07 (all time) to 0.16 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FEPIX vs. IGV — Risk / Return Rank
FEPIX
IGV
FEPIX vs. IGV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Total Bond Fund (FEPIX) and iShares Expanded Tech-Software Sector ETF (IGV). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FEPIX | IGV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.36 | ||
| Sortino ratioReturn per unit of downside risk | +1.84 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 0.93 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | -0.42 | +1.51 |
| Martin ratioReturn relative to average drawdown | 2.70 | -0.79 | +3.49 |
Loading charts...
Drawdowns
FEPIX vs. IGV - Drawdown Comparison
The maximum FEPIX drawdown since its inception was -18.40%, smaller than the maximum IGV drawdown of -63.45%. Use the drawdown chart below to compare losses from any high point for FEPIX and IGV.
Loading charts...
Drawdown Indicators
| FEPIX | IGV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.40% | -63.45% | +45.05% |
Max Drawdown (1Y)Largest decline over 1 year | -2.91% | -36.61% | +33.70% |
Max Drawdown (3Y)Largest decline over 3 years | -4.91% | -36.61% | +31.70% |
Max Drawdown (5Y)Largest decline over 5 years | -18.40% | -45.85% | +27.45% |
Max Drawdown (10Y)Largest decline over 10 years | -18.40% | -45.85% | +27.45% |
Current DrawdownCurrent decline from peak | -2.43% | -19.69% | +17.26% |
Average DrawdownAverage peak-to-trough decline | -2.46% | -14.49% | +12.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.17% | 19.35% | -18.18% |
Volatility
FEPIX vs. IGV - Volatility Comparison
The current volatility for Fidelity Total Bond Fund (FEPIX) is 0.93%, while iShares Expanded Tech-Software Sector ETF (IGV) has a volatility of 6.80%. This indicates that FEPIX experiences smaller price fluctuations and is considered to be less risky than IGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FEPIX | IGV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.93% | 6.80% | -5.87% |
Volatility (6M)Calculated over the trailing 6-month period | 2.93% | 25.02% | -22.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.79% | 29.16% | -25.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.68% | 28.16% | -22.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.74% | 26.45% | -21.71% |
FEPIX vs. IGV - Expense Ratio Comparison
FEPIX has a 0.50% expense ratio, which is higher than IGV's 0.39% expense ratio.
Dividends
FEPIX vs. IGV - Dividend Comparison
FEPIX's dividend yield for the trailing twelve months is around 3.98%, more than IGV's 0.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEPIX Fidelity Total Bond Fund | 3.98% | 4.31% | 3.74% | 3.74% | 2.49% | 1.87% | 5.17% | 2.97% | 3.14% | 2.92% | 3.55% | 3.25% |
IGV iShares Expanded Tech-Software Sector ETF | 0.02% | 0.00% | 0.00% | 0.01% | 0.01% | 0.00% | 0.35% | 0.02% | 0.16% | 0.09% | 0.82% | 0.22% |
Frequently Asked Questions
FEPIX and IGV have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGV has higher volatility (6.80%) compared to FEPIX (0.93%). In terms of maximum drawdown, FEPIX dropped -18.40% vs IGV's -63.45%.
FEPIX currently has the higher Sharpe Ratio (0.84 vs -0.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FEPIX and IGV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer