FLTMX vs. BND
Compare and contrast key facts about Fidelity Intermediate Municipal Income Fund (FLTMX) and Vanguard Total Bond Market ETF (BND).
FLTMX is managed by Fidelity. It was launched on Apr 15, 1977. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLTMX or BND.
Correlation
The correlation between FLTMX and BND is -0.12. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FLTMX vs. BND - Performance Comparison
Key characteristics
FLTMX:
0.29
BND:
1.00
FLTMX:
0.44
BND:
1.45
FLTMX:
1.07
BND:
1.17
FLTMX:
0.33
BND:
0.42
FLTMX:
1.12
BND:
2.54
FLTMX:
1.13%
BND:
2.07%
FLTMX:
3.97%
BND:
5.30%
FLTMX:
-23.31%
BND:
-18.84%
FLTMX:
-1.83%
BND:
-7.35%
Returns By Period
In the year-to-date period, FLTMX achieves a -0.42% return, which is significantly lower than BND's 2.21% return. Over the past 10 years, FLTMX has outperformed BND with an annualized return of 1.89%, while BND has yielded a comparatively lower 1.51% annualized return.
FLTMX
-0.42%
2.16%
-0.36%
1.17%
1.34%
1.89%
BND
2.21%
0.17%
1.19%
5.24%
-0.84%
1.51%
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FLTMX vs. BND - Expense Ratio Comparison
FLTMX has a 0.32% expense ratio, which is higher than BND's 0.03% expense ratio.
Risk-Adjusted Performance
FLTMX vs. BND — Risk-Adjusted Performance Rank
FLTMX
BND
FLTMX vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Intermediate Municipal Income Fund (FLTMX) and Vanguard Total Bond Market ETF (BND). 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
FLTMX vs. BND - Dividend Comparison
FLTMX's dividend yield for the trailing twelve months is around 2.50%, less than BND's 3.75% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLTMX Fidelity Intermediate Municipal Income Fund | 2.50% | 2.65% | 2.43% | 2.05% | 1.80% | 2.06% | 2.39% | 2.55% | 2.61% | 2.61% | 2.59% | 2.81% |
BND Vanguard Total Bond Market ETF | 3.75% | 3.67% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% |
Drawdowns
FLTMX vs. BND - Drawdown Comparison
The maximum FLTMX drawdown since its inception was -23.31%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for FLTMX and BND. For additional features, visit the drawdowns tool.
Volatility
FLTMX vs. BND - Volatility Comparison
Fidelity Intermediate Municipal Income Fund (FLTMX) has a higher volatility of 1.94% compared to Vanguard Total Bond Market ETF (BND) at 1.72%. This indicates that FLTMX's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.