FLTR vs. FJTDX

Last updated Jun 5, 2026

FLTR (VanEck Vectors Investment Grade Floating Rate ETF) and FJTDX (Fidelity Flex Conservative Income Bond Fund) are both funds - FLTR is a Corporate Bonds fund tracking the MVIS US Investment Grade Floating Rate Index, while FJTDX is a Total Bond Market fund managed by Fidelity. Over the past 5 years, FLTR returned 4.50%/yr vs 3.69%/yr for FJTDX. At a 0.01 correlation, their price movements are largely independent. FLTR charges 0.14%/yr vs 0.00%/yr for FJTDX.

Performance

FLTR vs. FJTDX - Performance Comparison

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

Returns By Period

In the year-to-date period, FLTR achieves a 1.95% return, which is significantly higher than FJTDX's 1.59% return.

FLTR

• 1D: 0.04%
• 1M: 0.50%
• YTD: 1.95%
• 6M: 2.48%
• 1Y: 5.30%
• 3Y*: 6.10%
• 5Y*: 4.50%
• 10Y*: 3.50%

FJTDX

• 1D: 0.00%
• 1M: 0.35%
• YTD: 1.59%
• 6M: 1.95%
• 1Y: 4.37%
• 3Y*: 5.11%
• 5Y*: 3.69%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FLTR vs. FJTDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FLTR VanEck Vectors Investment Grade Floating Rate ETF	1.95%	5.22%	7.38%	7.41%	0.74%	0.55%	1.44%	5.70%	-1.36%
FJTDX Fidelity Flex Conservative Income Bond Fund	1.59%	4.75%	5.69%	5.48%	1.00%	0.16%	1.57%	3.20%	0.50%

Correlation

The correlation between FLTR and FJTDX is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.01
Correlation (All Time) Calculated using the full available price history since Sep 4, 2018	0.01

Return for Risk

FLTR vs. FJTDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLTR

FLTR Risk / Return Rank: 99
FLTR Sharpe Ratio Rank: 99
FLTR Sortino Ratio Rank: 99
FLTR Omega Ratio Rank: 99
FLTR Calmar Ratio Rank: 98
FLTR Martin Ratio Rank: 99

FJTDX

FJTDX Risk / Return Rank: 99
FJTDX Sharpe Ratio Rank: 95
FJTDX Sortino Ratio Rank: 100
FJTDX Omega Ratio Rank: 100
FJTDX Calmar Ratio Rank: 100
FJTDX Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLTR vs. FJTDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Investment Grade Floating Rate ETF (FLTR) and Fidelity Flex Conservative Income Bond Fund (FJTDX). 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.

	FLTR	FJTDX	Difference
Sharpe ratio: Return per unit of total volatility	6.77	3.45	+3.32
Sortino ratio: Return per unit of downside risk	12.78	16.28	-3.50
Omega ratio: Gain probability vs. loss probability	3.15	6.97	-3.83
Calmar ratio: Return relative to maximum drawdown	16.96	44.20	-27.24
Martin ratio: Return relative to average drawdown	101.22	112.52	-11.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLTR vs. FJTDX - Sharpe Ratio Comparison

The current FLTR Sharpe Ratio is 6.77, which is higher than the FJTDX Sharpe Ratio of 3.45. The chart below compares the historical Sharpe Ratios of FLTR and FJTDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FLTR	FJTDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.77	3.45	+3.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	2.12	2.58	-0.47
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	2.42	-1.89

Drawdowns

FLTR vs. FJTDX - Drawdown Comparison

The maximum FLTR drawdown since its inception was -17.84%, which is greater than FJTDX's maximum drawdown of -1.90%. Use the drawdown chart below to compare losses from any high point for FLTR and FJTDX.

Drawdown Indicators

	FLTR	FJTDX	Difference
Max Drawdown Largest peak-to-trough decline	-17.84%	-1.90%	-15.94%
Max Drawdown (1Y) Largest decline over 1 year	-0.31%	-0.10%	-0.21%
Max Drawdown (3Y) Largest decline over 3 years	-1.93%	-0.90%	-1.03%
Max Drawdown (5Y) Largest decline over 5 years	-3.06%	-0.90%	-2.16%
Max Drawdown (10Y) Largest decline over 10 years	-17.84%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.67%	-0.08%	-0.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.05%	0.04%	+0.01%

Volatility

FLTR vs. FJTDX - Volatility Comparison

The current volatility for VanEck Vectors Investment Grade Floating Rate ETF (FLTR) is 0.25%, while Fidelity Flex Conservative Income Bond Fund (FJTDX) has a volatility of 0.35%. This indicates that FLTR experiences smaller price fluctuations and is considered to be less risky than FJTDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLTR	FJTDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.25%	0.35%	-0.10%
Volatility (6M) Calculated over the trailing 6-month period	0.62%	0.86%	-0.24%
Volatility (1Y) Calculated over the trailing 1-year period	0.79%	1.28%	-0.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.13%	1.44%	+0.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.00%	1.28%	+3.72%

FLTR vs. FJTDX - Expense Ratio Comparison

FLTR has a 0.14% expense ratio, which is higher than FJTDX's 0.00% 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

FLTR vs. FJTDX - Dividend Comparison

FLTR's dividend yield for the trailing twelve months is around 4.73%, more than FJTDX's 4.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FJTDX Fidelity Flex Conservative Income Bond Fund	4.37%	4.63%	5.42%	4.70%	1.39%	0.36%	1.45%	2.65%	1.17%	0.00%	0.00%	0.00%
FLTR VanEck Vectors Investment Grade Floating Rate ETF	4.73%	4.97%	5.93%	6.07%	2.29%	0.63%	1.49%	3.05%	2.67%	1.69%	1.16%	0.71%

Frequently Asked Questions

Can I hold both FLTR and FJTDX in my portfolio?

FLTR and FJTDX have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLTR or FJTDX?

FJTDX has higher volatility (0.35%) compared to FLTR (0.25%). In terms of maximum drawdown, FLTR dropped -17.84% vs FJTDX's -1.90%.

Which has better risk-adjusted returns?

FLTR currently has the higher Sharpe Ratio (6.77 vs 3.45), 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.