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FJTDX vs. FBND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FJTDX and FBND is 0.20, 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.


-0.50.00.51.00.2

Performance

FJTDX vs. FBND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Flex Conservative Income Bond Fund (FJTDX) and Fidelity Total Bond ETF (FBND). The values are adjusted to include any dividend payments, if applicable.

12.00%14.00%16.00%18.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
19.45%
15.84%
FJTDX
FBND

Key characteristics

Sharpe Ratio

FJTDX:

3.50

FBND:

0.47

Sortino Ratio

FJTDX:

18.07

FBND:

0.68

Omega Ratio

FJTDX:

7.02

FBND:

1.08

Calmar Ratio

FJTDX:

55.30

FBND:

0.25

Martin Ratio

FJTDX:

111.06

FBND:

1.51

Ulcer Index

FJTDX:

0.05%

FBND:

1.70%

Daily Std Dev

FJTDX:

1.57%

FBND:

5.49%

Max Drawdown

FJTDX:

-1.90%

FBND:

-17.25%

Current Drawdown

FJTDX:

-0.10%

FBND:

-5.40%

Returns By Period

In the year-to-date period, FJTDX achieves a 5.54% return, which is significantly higher than FBND's 2.27% return.


FJTDX

YTD

5.54%

1M

0.31%

6M

2.78%

1Y

5.65%

5Y*

2.83%

10Y*

N/A

FBND

YTD

2.27%

1M

-0.21%

6M

1.68%

1Y

2.59%

5Y*

0.83%

10Y*

2.24%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FJTDX vs. FBND - Expense Ratio Comparison

FJTDX has a 0.00% expense ratio, which is lower than FBND's 0.36% expense ratio.


FBND
Fidelity Total Bond ETF
Expense ratio chart for FBND: current value at 0.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.36%
Expense ratio chart for FJTDX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

FJTDX vs. FBND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Conservative Income Bond Fund (FJTDX) 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.


Sharpe ratio
The chart of Sharpe ratio for FJTDX, currently valued at 3.50, compared to the broader market-1.000.001.002.003.004.003.500.35
The chart of Sortino ratio for FJTDX, currently valued at 18.07, compared to the broader market-2.000.002.004.006.008.0010.0018.070.52
The chart of Omega ratio for FJTDX, currently valued at 7.02, compared to the broader market0.501.001.502.002.503.003.507.021.06
The chart of Calmar ratio for FJTDX, currently valued at 55.30, compared to the broader market0.002.004.006.008.0010.0012.0014.0055.300.18
The chart of Martin ratio for FJTDX, currently valued at 111.06, compared to the broader market0.0020.0040.0060.00111.061.13
FJTDX
FBND

The current FJTDX Sharpe Ratio is 3.50, which is higher than the FBND Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of FJTDX and FBND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
3.50
0.35
FJTDX
FBND

Dividends

FJTDX vs. FBND - Dividend Comparison

FJTDX's dividend yield for the trailing twelve months is around 5.38%, more than FBND's 4.58% yield.


TTM2023202220212020201920182017201620152014
FJTDX
Fidelity Flex Conservative Income Bond Fund
5.38%5.16%1.85%0.44%1.24%2.64%1.16%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

FJTDX vs. FBND - Drawdown Comparison

The maximum FJTDX drawdown since its inception was -1.90%, smaller than the maximum FBND drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for FJTDX and FBND. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.10%
-5.40%
FJTDX
FBND

Volatility

FJTDX vs. FBND - Volatility Comparison

The current volatility for Fidelity Flex Conservative Income Bond Fund (FJTDX) is 0.43%, while Fidelity Total Bond ETF (FBND) has a volatility of 1.62%. This indicates that FJTDX experiences smaller price fluctuations and is considered to be less risky than FBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.50%1.00%1.50%2.00%JulyAugustSeptemberOctoberNovemberDecember
0.43%
1.62%
FJTDX
FBND
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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