FIWGX vs. FBND
Compare and contrast key facts about Strategic Advisers Fidelity Core Income Fund (FIWGX) and Fidelity Total Bond ETF (FBND).
FIWGX is managed by Fidelity. It was launched on Oct 16, 2018. FBND is an actively managed fund by Fidelity. It was launched on Oct 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIWGX or FBND.
Correlation
The correlation between FIWGX and FBND is 0.90, 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.
Performance
FIWGX vs. FBND - Performance Comparison
Key characteristics
FIWGX:
0.32
FBND:
0.47
FIWGX:
0.49
FBND:
0.68
FIWGX:
1.06
FBND:
1.08
FIWGX:
0.13
FBND:
0.25
FIWGX:
1.01
FBND:
1.51
FIWGX:
1.81%
FBND:
1.70%
FIWGX:
5.60%
FBND:
5.49%
FIWGX:
-20.11%
FBND:
-17.25%
FIWGX:
-9.13%
FBND:
-5.40%
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with FIWGX at 2.27% and FBND at 2.27%.
FIWGX
2.27%
-0.34%
1.49%
2.49%
-0.20%
N/A
FBND
2.27%
-0.21%
1.68%
2.59%
0.83%
2.24%
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FIWGX vs. FBND - Expense Ratio Comparison
FIWGX has a 0.46% expense ratio, which is higher than FBND's 0.36% expense ratio.
Risk-Adjusted Performance
FIWGX vs. FBND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategic Advisers Fidelity Core Income Fund (FIWGX) and Fidelity Total Bond ETF (FBND). 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
FIWGX vs. FBND - Dividend Comparison
FIWGX's dividend yield for the trailing twelve months is around 4.14%, less than FBND's 4.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FIWGX Strategic Advisers Fidelity Core Income Fund | 4.14% | 3.80% | 3.01% | 2.02% | 2.50% | 3.01% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% |
FBND Fidelity Total Bond ETF | 4.58% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% | 0.66% |
Drawdowns
FIWGX vs. FBND - Drawdown Comparison
The maximum FIWGX drawdown since its inception was -20.11%, which is greater than FBND's maximum drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for FIWGX and FBND. For additional features, visit the drawdowns tool.
Volatility
FIWGX vs. FBND - Volatility Comparison
Strategic Advisers Fidelity Core Income Fund (FIWGX) and Fidelity Total Bond ETF (FBND) have volatilities of 1.69% and 1.62%, 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.