FLDR vs. BSV
FLDR (Fidelity Low Duration Bond Factor ETF) and BSV (Vanguard Short-Term Bond Index Fund ETF Shares) are both Short-Term Bond funds - FLDR tracks the Fidelity Low Duration Investment Grade Factor Index while BSV tracks the Bloomberg U.S. 1–5 Year Government/Credit Float Adjusted Index. Both are passively managed. Over the past 5 years, FLDR returned 3.71%/yr vs 1.66%/yr for BSV. A 0.52 correlation means they provide meaningful diversification when combined. FLDR charges 0.15%/yr vs 0.03%/yr for BSV.
Performance
FLDR vs. BSV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FLDR achieves a 1.62% return, which is significantly higher than BSV's 0.21% return.
FLDR
- 1D
- -0.02%
- 1M
- 0.39%
- YTD
- 1.62%
- 6M
- 1.79%
- 1Y
- 4.64%
- 3Y*
- 5.30%
- 5Y*
- 3.71%
- 10Y*
- —
BSV
- 1D
- -0.12%
- 1M
- 0.11%
- YTD
- 0.21%
- 6M
- 0.37%
- 1Y
- 3.25%
- 3Y*
- 4.47%
- 5Y*
- 1.66%
- 10Y*
- 1.90%
FLDR vs. BSV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FLDR Fidelity Low Duration Bond Factor ETF | 1.62% | 5.41% | 5.71% | 6.32% | -0.33% | -0.18% | 2.01% | 4.52% | 0.84% |
BSV Vanguard Short-Term Bond Index Fund ETF Shares | 0.21% | 6.00% | 3.78% | 4.90% | -5.49% | -1.09% | 4.70% | 4.98% | 2.00% |
Correlation
The correlation between FLDR and BSV is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Jun 14, 2018 | 0.52 |
The correlation between FLDR and BSV shifts across timeframes, from 0.52 (all time) to 0.70 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FLDR vs. BSV — Risk / Return Rank
FLDR
BSV
FLDR vs. BSV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Low Duration Bond Factor ETF (FLDR) and Vanguard Short-Term Bond Index Fund ETF Shares (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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FLDR | BSV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.96 | ||
| Sortino ratioReturn per unit of downside risk | +6.88 | ||
| Omega ratioGain probability vs. loss probability | 2.65 | 1.34 | +1.31 |
| Calmar ratioReturn relative to maximum drawdown | 9.97 | 2.53 | +7.44 |
| Martin ratioReturn relative to average drawdown | 67.93 | 8.35 | +59.58 |
Loading charts...
Drawdowns
FLDR vs. BSV - Drawdown Comparison
The maximum FLDR drawdown since its inception was -12.23%, which is greater than BSV's maximum drawdown of -8.54%. Use the drawdown chart below to compare losses from any high point for FLDR and BSV.
Loading charts...
Drawdown Indicators
| FLDR | BSV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.23% | -8.54% | -3.69% |
Max Drawdown (1Y)Largest decline over 1 year | -0.47% | -1.29% | +0.82% |
Max Drawdown (3Y)Largest decline over 3 years | -0.76% | -1.53% | +0.77% |
Max Drawdown (5Y)Largest decline over 5 years | -2.33% | -8.54% | +6.21% |
Max Drawdown (10Y)Largest decline over 10 years | — | -8.54% | — |
Current DrawdownCurrent decline from peak | -0.04% | -0.70% | +0.66% |
Average DrawdownAverage peak-to-trough decline | -0.35% | -0.97% | +0.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.07% | 0.39% | -0.32% |
Volatility
FLDR vs. BSV - Volatility Comparison
The current volatility for Fidelity Low Duration Bond Factor ETF (FLDR) is 0.18%, while Vanguard Short-Term Bond Index Fund ETF Shares (BSV) has a volatility of 0.59%. This indicates that FLDR experiences smaller price fluctuations and is considered to be less risky than BSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FLDR | BSV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.18% | 0.59% | -0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 0.60% | 1.33% | -0.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.81% | 1.82% | -1.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.21% | 2.73% | -1.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.25% | 2.38% | +2.87% |
FLDR vs. BSV - Expense Ratio Comparison
FLDR has a 0.15% expense ratio, which is higher than BSV's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
FLDR vs. BSV - Dividend Comparison
FLDR's dividend yield for the trailing twelve months is around 4.42%, more than BSV's 4.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSV Vanguard Short-Term Bond Index Fund ETF Shares | 4.00% | 3.83% | 3.38% | 2.46% | 1.50% | 1.45% | 1.79% | 2.29% | 1.99% | 1.65% | 1.48% | 1.40% |
FLDR Fidelity Low Duration Bond Factor ETF | 4.42% | 4.66% | 5.50% | 5.28% | 2.09% | 0.51% | 1.22% | 2.69% | 1.38% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FLDR and BSV have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BSV has higher volatility (0.59%) compared to FLDR (0.18%). In terms of maximum drawdown, FLDR dropped -12.23% vs BSV's -8.54%.
On 5-year performance, FLDR leads with 3.71% vs 1.66% for BSV. On fees, BSV is cheaper at 0.03% per year. On volatility, FLDR has been the lower-risk option at 0.18%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, FLDR has performed better with a 3.71% return vs 1.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BSV is cheaper with a 0.03% expense ratio, compared with 0.15% for FLDR.
FLDR has the higher dividend yield at 4.42%, compared with 4.00% for BSV.
FLDR tracks Fidelity Low Duration Investment Grade Factor Index, while BSV tracks Bloomberg U.S. 1–5 Year Government/Credit Float Adjusted Index. They also come from different issuers: Fidelity and Vanguard. Their fees differ too: 0.15% for FLDR and 0.03% for BSV.
FLDR currently has the higher Sharpe Ratio (5.75 vs 1.79), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FLDR and BSV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer