FGBCX vs. VTBNX
Compare and contrast key facts about Fidelity Advisor Investment Grade Bond Fund Class C (FGBCX) and Vanguard Total Bond Market II Index Fund (VTBNX).
FGBCX is managed by Fidelity. It was launched on Aug 27, 2002. VTBNX is managed by Vanguard.
Performance
FGBCX vs. VTBNX - Performance Comparison
Loading graphics...
FGBCX vs. VTBNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FGBCX Fidelity Advisor Investment Grade Bond Fund Class C | -0.53% | 6.08% | 0.04% | 5.09% | -14.63% | -1.98% | 8.73% | 8.49% | -1.43% | 2.68% |
VTBNX Vanguard Total Bond Market II Index Fund | -0.60% | 7.18% | 1.32% | 5.68% | -13.12% | -1.82% | 7.39% | 8.71% | -0.27% | 3.62% |
Returns By Period
In the year-to-date period, FGBCX achieves a -0.53% return, which is significantly higher than VTBNX's -0.60% return. Over the past 10 years, FGBCX has underperformed VTBNX with an annualized return of 1.17%, while VTBNX has yielded a comparatively higher 1.56% annualized return.
FGBCX
- 1D
- 0.56%
- 1M
- -2.29%
- YTD
- -0.53%
- 6M
- 0.05%
- 1Y
- 2.91%
- 3Y*
- 2.51%
- 5Y*
- -0.76%
- 10Y*
- 1.17%
VTBNX
- 1D
- 0.42%
- 1M
- -2.26%
- YTD
- -0.60%
- 6M
- 0.40%
- 1Y
- 3.62%
- 3Y*
- 3.40%
- 5Y*
- 0.22%
- 10Y*
- 1.56%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FGBCX vs. VTBNX - Expense Ratio Comparison
FGBCX has a 1.53% expense ratio, which is higher than VTBNX's 0.02% expense ratio.
Return for Risk
FGBCX vs. VTBNX — Risk / Return Rank
FGBCX
VTBNX
FGBCX vs. VTBNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Investment Grade Bond Fund Class C (FGBCX) and Vanguard Total Bond Market II Index Fund (VTBNX). 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.
| FGBCX | VTBNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.77 | 0.98 | -0.21 |
Sortino ratioReturn per unit of downside risk | 1.12 | 1.41 | -0.30 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.17 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.37 | 1.77 | -0.41 |
Martin ratioReturn relative to average drawdown | 3.85 | 5.02 | -1.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FGBCX | VTBNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.77 | 0.98 | -0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.13 | 0.04 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 0.32 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.36 | 0.00 |
Correlation
The correlation between FGBCX and VTBNX is 0.94, 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.
Dividends
FGBCX vs. VTBNX - Dividend Comparison
FGBCX's dividend yield for the trailing twelve months is around 2.60%, less than VTBNX's 3.68% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGBCX Fidelity Advisor Investment Grade Bond Fund Class C | 2.60% | 2.82% | 2.44% | 2.27% | 1.10% | 0.47% | 3.73% | 1.69% | 1.76% | 0.99% | 1.54% | 1.64% |
VTBNX Vanguard Total Bond Market II Index Fund | 3.68% | 3.95% | 3.77% | 3.13% | 2.54% | 1.82% | 3.12% | 2.79% | 2.56% | 2.52% | 2.55% | 0.00% |
Drawdowns
FGBCX vs. VTBNX - Drawdown Comparison
The maximum FGBCX drawdown since its inception was -19.98%, which is greater than VTBNX's maximum drawdown of -18.71%. Use the drawdown chart below to compare losses from any high point for FGBCX and VTBNX.
Loading graphics...
Drawdown Indicators
| FGBCX | VTBNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.98% | -18.71% | -1.27% |
Max Drawdown (1Y)Largest decline over 1 year | -2.83% | -2.67% | -0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -19.42% | -18.05% | -1.37% |
Max Drawdown (10Y)Largest decline over 10 years | -19.98% | -18.71% | -1.27% |
Current DrawdownCurrent decline from peak | -7.47% | -3.11% | -4.36% |
Average DrawdownAverage peak-to-trough decline | -5.26% | -4.91% | -0.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 0.94% | +0.07% |
Volatility
FGBCX vs. VTBNX - Volatility Comparison
Fidelity Advisor Investment Grade Bond Fund Class C (FGBCX) and Vanguard Total Bond Market II Index Fund (VTBNX) have volatilities of 1.53% and 1.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FGBCX | VTBNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.53% | 1.52% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 2.52% | 2.54% | -0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.31% | 4.32% | -0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.91% | 5.92% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.94% | 4.91% | +0.03% |