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
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Key characteristics
FHMFX:
0.91
BSV:
2.46
FHMFX:
1.16
BSV:
3.94
FHMFX:
1.14
BSV:
1.49
FHMFX:
0.38
BSV:
2.60
FHMFX:
2.30
BSV:
9.34
FHMFX:
1.96%
BSV:
0.62%
FHMFX:
5.77%
BSV:
2.32%
FHMFX:
-22.47%
BSV:
-8.62%
FHMFX:
-6.35%
BSV:
-0.97%
Returns By Period
In the year-to-date period, FHMFX achieves a 1.15% return, which is significantly lower than BSV's 1.90% return.
FHMFX
1.15%
0.84%
1.05%
5.30%
0.56%
N/A
BSV
1.90%
0.04%
2.46%
5.65%
0.97%
1.69%
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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.
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Dividends
FHMFX vs. BSV - Dividend Comparison
FHMFX's dividend yield for the trailing twelve months is around 5.82%, more than BSV's 3.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHMFX Fidelity Series Corporate Bond Fund | 5.82% | 6.01% | 5.08% | 4.44% | 2.87% | 4.02% | 3.91% | 1.53% | 0.00% | 0.00% | 0.00% | 0.00% |
BSV Vanguard Short-Term Bond ETF | 3.57% | 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 -22.47%, 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.
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Volatility
FHMFX vs. BSV - Volatility Comparison
Fidelity Series Corporate Bond Fund (FHMFX) has a higher volatility of 1.45% compared to Vanguard Short-Term Bond ETF (BSV) at 0.73%. 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.
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