FJTDX vs. FLDR
Compare and contrast key facts about Fidelity Flex Conservative Income Bond Fund (FJTDX) and Fidelity Low Duration Bond Factor ETF (FLDR).
FJTDX is managed by Fidelity. It was launched on May 31, 2018. FLDR is a passively managed fund by Fidelity that tracks the performance of the Fidelity Low Duration Investment Grade Factor Index. It was launched on Jun 12, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FJTDX or FLDR.
Correlation
The correlation between FJTDX and FLDR is 0.15, 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. FLDR - Performance Comparison
Key characteristics
FJTDX:
3.50
FLDR:
5.26
FJTDX:
18.07
FLDR:
9.62
FJTDX:
7.02
FLDR:
2.37
FJTDX:
55.30
FLDR:
17.06
FJTDX:
111.06
FLDR:
80.59
FJTDX:
0.05%
FLDR:
0.07%
FJTDX:
1.57%
FLDR:
1.10%
FJTDX:
-1.90%
FLDR:
-12.23%
FJTDX:
-0.10%
FLDR:
-0.13%
Returns By Period
The year-to-date returns for both investments are quite close, with FJTDX having a 5.54% return and FLDR slightly higher at 5.59%.
FJTDX
5.54%
0.31%
2.78%
5.65%
2.83%
N/A
FLDR
5.59%
0.39%
2.60%
5.78%
2.66%
N/A
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FJTDX vs. FLDR - Expense Ratio Comparison
FJTDX has a 0.00% expense ratio, which is lower than FLDR's 0.15% 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. FLDR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Conservative Income Bond Fund (FJTDX) and Fidelity Low Duration Bond Factor ETF (FLDR). 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. FLDR - Dividend Comparison
FJTDX's dividend yield for the trailing twelve months is around 5.38%, less than FLDR's 5.53% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
FJTDX Fidelity Flex Conservative Income Bond Fund | 5.38% | 5.16% | 1.85% | 0.44% | 1.24% | 2.64% | 1.16% |
FLDR Fidelity Low Duration Bond Factor ETF | 5.53% | 5.28% | 2.09% | 0.51% | 1.22% | 2.69% | 1.38% |
Drawdowns
FJTDX vs. FLDR - Drawdown Comparison
The maximum FJTDX drawdown since its inception was -1.90%, smaller than the maximum FLDR drawdown of -12.23%. Use the drawdown chart below to compare losses from any high point for FJTDX and FLDR. For additional features, visit the drawdowns tool.
Volatility
FJTDX vs. FLDR - Volatility Comparison
The current volatility for Fidelity Flex Conservative Income Bond Fund (FJTDX) is 0.43%, while Fidelity Low Duration Bond Factor ETF (FLDR) has a volatility of 0.63%. This indicates that FJTDX experiences smaller price fluctuations and is considered to be less risky than FLDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.