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FMBIX vs. VWILX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FMBIX and VWILX is 0.09, 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.


-0.50.00.51.00.1

Performance

FMBIX vs. VWILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Municipal Bond Index Fund (FMBIX) and Vanguard International Growth Fund Admiral Shares (VWILX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
0.77%
-6.67%
FMBIX
VWILX

Key characteristics

Sharpe Ratio

FMBIX:

0.21

VWILX:

0.12

Sortino Ratio

FMBIX:

0.30

VWILX:

0.27

Omega Ratio

FMBIX:

1.04

VWILX:

1.04

Calmar Ratio

FMBIX:

0.11

VWILX:

0.07

Martin Ratio

FMBIX:

0.69

VWILX:

0.70

Ulcer Index

FMBIX:

1.04%

VWILX:

3.33%

Daily Std Dev

FMBIX:

3.38%

VWILX:

19.61%

Max Drawdown

FMBIX:

-14.31%

VWILX:

-59.49%

Current Drawdown

FMBIX:

-3.92%

VWILX:

-29.23%

Returns By Period

In the year-to-date period, FMBIX achieves a 0.72% return, which is significantly lower than VWILX's 1.31% return.


FMBIX

YTD

0.72%

1M

-1.07%

6M

0.77%

1Y

0.88%

5Y*

0.17%

10Y*

N/A

VWILX

YTD

1.31%

1M

-9.65%

6M

-6.67%

1Y

2.73%

5Y*

5.10%

10Y*

7.70%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FMBIX vs. VWILX - Expense Ratio Comparison

FMBIX has a 0.07% expense ratio, which is lower than VWILX's 0.32% expense ratio.


VWILX
Vanguard International Growth Fund Admiral Shares
Expense ratio chart for VWILX: current value at 0.32% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.32%
Expense ratio chart for FMBIX: current value at 0.07% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.07%

Risk-Adjusted Performance

FMBIX vs. VWILX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Municipal Bond Index Fund (FMBIX) and Vanguard International Growth Fund Admiral Shares (VWILX). 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 ratio
The chart of Sharpe ratio for FMBIX, currently valued at 0.21, compared to the broader market-1.000.001.002.003.004.000.210.06
The chart of Sortino ratio for FMBIX, currently valued at 0.30, compared to the broader market-2.000.002.004.006.008.0010.000.300.20
The chart of Omega ratio for FMBIX, currently valued at 1.04, compared to the broader market0.501.001.502.002.503.003.501.041.03
The chart of Calmar ratio for FMBIX, currently valued at 0.11, compared to the broader market0.002.004.006.008.0010.0012.0014.000.110.04
The chart of Martin ratio for FMBIX, currently valued at 0.69, compared to the broader market0.0020.0040.0060.000.690.36
FMBIX
VWILX

The current FMBIX Sharpe Ratio is 0.21, which is higher than the VWILX Sharpe Ratio of 0.12. The chart below compares the historical Sharpe Ratios of FMBIX and VWILX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.21
0.06
FMBIX
VWILX

Dividends

FMBIX vs. VWILX - Dividend Comparison

FMBIX's dividend yield for the trailing twelve months is around 2.34%, while VWILX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
FMBIX
Fidelity Municipal Bond Index Fund
2.34%2.31%1.80%1.42%1.59%0.77%0.00%0.00%0.00%0.00%0.00%0.00%
VWILX
Vanguard International Growth Fund Admiral Shares
0.00%1.10%1.50%1.08%0.31%1.30%1.79%0.84%1.42%1.53%2.46%1.58%

Drawdowns

FMBIX vs. VWILX - Drawdown Comparison

The maximum FMBIX drawdown since its inception was -14.31%, smaller than the maximum VWILX drawdown of -59.49%. Use the drawdown chart below to compare losses from any high point for FMBIX and VWILX. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.92%
-29.23%
FMBIX
VWILX

Volatility

FMBIX vs. VWILX - Volatility Comparison

The current volatility for Fidelity Municipal Bond Index Fund (FMBIX) is 1.27%, while Vanguard International Growth Fund Admiral Shares (VWILX) has a volatility of 12.57%. This indicates that FMBIX experiences smaller price fluctuations and is considered to be less risky than VWILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
1.27%
12.57%
FMBIX
VWILX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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