FHMFX vs. BSV
Compare and contrast key facts about Fidelity Series Corporate Bond Fund (FHMFX) and Vanguard Short-Term Bond ETF (BSV).
FHMFX is managed by Fidelity. It was launched on Aug 17, 2018. BSV is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 1-5 Year Government/Credit Float Adjusted Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHMFX or BSV.
Correlation
The correlation between FHMFX and BSV is 0.03, 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.
Performance
FHMFX vs. BSV - Performance Comparison
Key characteristics
FHMFX:
1.39
BSV:
3.04
FHMFX:
2.05
BSV:
4.98
FHMFX:
1.25
BSV:
1.63
FHMFX:
0.65
BSV:
2.48
FHMFX:
4.19
BSV:
11.37
FHMFX:
1.93%
BSV:
0.61%
FHMFX:
5.84%
BSV:
2.27%
FHMFX:
-22.46%
BSV:
-8.62%
FHMFX:
-5.71%
BSV:
-0.01%
Returns By Period
In the year-to-date period, FHMFX achieves a 1.84% return, which is significantly lower than BSV's 2.47% return.
FHMFX
1.84%
0.19%
1.49%
8.45%
0.62%
N/A
BSV
2.47%
0.91%
2.72%
7.06%
1.16%
1.76%
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FHMFX vs. BSV - Expense Ratio Comparison
FHMFX has a 0.00% expense ratio, which is lower than BSV's 0.04% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FHMFX vs. BSV — Risk-Adjusted Performance Rank
FHMFX
BSV
FHMFX vs. BSV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Corporate Bond Fund (FHMFX) and Vanguard Short-Term Bond ETF (BSV). 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
FHMFX vs. BSV - Dividend Comparison
FHMFX's dividend yield for the trailing twelve months is around 4.60%, more than BSV's 3.50% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHMFX Fidelity Series Corporate Bond Fund | 4.60% | 4.52% | 4.06% | 3.53% | 2.62% | 3.02% | 3.56% | 1.42% | 0.00% | 0.00% | 0.00% | 0.00% |
BSV Vanguard Short-Term Bond ETF | 3.50% | 3.38% | 2.46% | 1.50% | 1.36% | 1.79% | 2.29% | 1.99% | 1.65% | 1.49% | 1.40% | 1.45% |
Drawdowns
FHMFX vs. BSV - Drawdown Comparison
The maximum FHMFX drawdown since its inception was -22.46%, which is greater than BSV's maximum drawdown of -8.62%. Use the drawdown chart below to compare losses from any high point for FHMFX and BSV. For additional features, visit the drawdowns tool.
Volatility
FHMFX vs. BSV - Volatility Comparison
Fidelity Series Corporate Bond Fund (FHMFX) has a higher volatility of 2.46% compared to Vanguard Short-Term Bond ETF (BSV) at 0.88%. This indicates that FHMFX's price experiences larger fluctuations and is considered to be riskier than BSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.