FJTDX vs. AGG
Compare and contrast key facts about Fidelity Flex Conservative Income Bond Fund (FJTDX) and iShares Core U.S. Aggregate Bond ETF (AGG).
FJTDX is managed by Fidelity. It was launched on May 31, 2018. AGG is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Sep 22, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FJTDX or AGG.
Key characteristics
| FJTDX | AGG | |
|---|---|---|
| YTD Return | 5.27% | 2.47% |
| 1Y Return | 6.06% | 8.21% |
| 3Y Return (Ann) | 4.01% | -2.17% |
| 5Y Return (Ann) | 2.82% | 0.06% |
| Sharpe Ratio | 3.80 | 1.43 |
| Sortino Ratio | 21.98 | 2.10 |
| Omega Ratio | 8.89 | 1.25 |
| Calmar Ratio | 60.48 | 0.55 |
| Martin Ratio | 137.17 | 5.25 |
| Ulcer Index | 0.04% | 1.63% |
| Daily Std Dev | 1.58% | 5.99% |
| Max Drawdown | -1.90% | -18.43% |
| Current Drawdown | 0.00% | -7.89% |
Correlation
The correlation between FJTDX and AGG is 0.19, 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
FJTDX vs. AGG - Performance Comparison
In the year-to-date period, FJTDX achieves a 5.27% return, which is significantly higher than AGG's 2.47% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FJTDX vs. AGG - Expense Ratio Comparison
FJTDX has a 0.00% expense ratio, which is lower than AGG's 0.05% 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
FJTDX vs. AGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Conservative Income Bond Fund (FJTDX) and iShares Core U.S. Aggregate Bond ETF (AGG). 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
FJTDX vs. AGG - Dividend Comparison
FJTDX's dividend yield for the trailing twelve months is around 5.47%, more than AGG's 3.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FJTDX Fidelity Flex Conservative Income Bond Fund | 5.47% | 5.16% | 1.85% | 0.44% | 1.24% | 2.64% | 1.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.93% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% | 2.32% |
Drawdowns
FJTDX vs. AGG - Drawdown Comparison
The maximum FJTDX drawdown since its inception was -1.90%, smaller than the maximum AGG drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for FJTDX and AGG. For additional features, visit the drawdowns tool.
Volatility
FJTDX vs. AGG - Volatility Comparison
The current volatility for Fidelity Flex Conservative Income Bond Fund (FJTDX) is 0.44%, while iShares Core U.S. Aggregate Bond ETF (AGG) has a volatility of 1.67%. This indicates that FJTDX experiences smaller price fluctuations and is considered to be less risky than AGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.