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FLDR vs. VCSH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FLDRVCSH
YTD Return1.47%0.67%
1Y Return6.48%5.65%
3Y Return (Ann)2.56%0.31%
5Y Return (Ann)2.37%1.88%
Sharpe Ratio5.431.84
Daily Std Dev1.17%3.00%
Max Drawdown-12.23%-12.86%
Current Drawdown0.00%-0.18%

Correlation

0.43
-1.001.00

The correlation between FLDR and VCSH is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

FLDR vs. VCSH - Performance Comparison

In the year-to-date period, FLDR achieves a 1.47% return, which is significantly higher than VCSH's 0.67% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


8.00%10.00%12.00%14.00%16.00%OctoberNovemberDecember2024FebruaryMarch
15.51%
14.59%
FLDR
VCSH

Compare stocks, funds, or ETFs


Fidelity Low Duration Bond Factor ETF

Vanguard Short-Term Corporate Bond ETF

FLDR vs. VCSH - Expense Ratio Comparison

FLDR has a 0.15% expense ratio, which is higher than VCSH's 0.04% expense ratio.

FLDR
Fidelity Low Duration Bond Factor ETF
0.50%1.00%1.50%2.00%0.15%
0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

FLDR vs. VCSH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Low Duration Bond Factor ETF (FLDR) and Vanguard Short-Term Corporate Bond ETF (VCSH). 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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
FLDR
Fidelity Low Duration Bond Factor ETF
5.43
VCSH
Vanguard Short-Term Corporate Bond ETF
1.84

FLDR vs. VCSH - Sharpe Ratio Comparison

The current FLDR Sharpe Ratio is 5.43, which is higher than the VCSH Sharpe Ratio of 1.84. The chart below compares the 12-month rolling Sharpe Ratio of FLDR and VCSH.


Rolling 12-month Sharpe Ratio1.002.003.004.005.00OctoberNovemberDecember2024FebruaryMarch
5.43
1.84
FLDR
VCSH

Dividends

FLDR vs. VCSH - Dividend Comparison

FLDR's dividend yield for the trailing twelve months is around 5.86%, more than VCSH's 3.26% yield.


TTM20232022202120202019201820172016201520142013
FLDR
Fidelity Low Duration Bond Factor ETF
5.86%5.28%2.09%0.51%1.22%2.69%1.38%0.00%0.00%0.00%0.00%0.00%
VCSH
Vanguard Short-Term Corporate Bond ETF
3.26%3.09%2.01%1.81%2.27%2.87%2.65%2.26%2.10%2.08%2.01%2.05%

Drawdowns

FLDR vs. VCSH - Drawdown Comparison

The maximum FLDR drawdown since its inception was -12.23%, roughly equal to the maximum VCSH drawdown of -12.86%. The drawdown chart below compares losses from any high point along the way for FLDR and VCSH


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%OctoberNovemberDecember2024FebruaryMarch0
-0.18%
FLDR
VCSH

Volatility

FLDR vs. VCSH - Volatility Comparison

The current volatility for Fidelity Low Duration Bond Factor ETF (FLDR) is 0.22%, while Vanguard Short-Term Corporate Bond ETF (VCSH) has a volatility of 0.53%. This indicates that FLDR experiences smaller price fluctuations and is considered to be less risky than VCSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.40%0.60%0.80%1.00%1.20%OctoberNovemberDecember2024FebruaryMarch
0.22%
0.53%
FLDR
VCSH