FNBGX vs. BLV
Compare and contrast key facts about Fidelity Long-Term Treasury Bond Index Fund (FNBGX) and Vanguard Long-Term Bond ETF (BLV).
FNBGX is managed by Fidelity. It was launched on Dec 20, 2005. BLV is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. Long Government/Credit Float Adjusted 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: FNBGX or BLV.
Correlation
The correlation between FNBGX and BLV is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FNBGX vs. BLV - Performance Comparison
Key characteristics
FNBGX:
0.06
BLV:
0.25
FNBGX:
0.18
BLV:
0.43
FNBGX:
1.02
BLV:
1.05
FNBGX:
0.02
BLV:
0.09
FNBGX:
0.13
BLV:
0.55
FNBGX:
6.17%
BLV:
5.02%
FNBGX:
12.46%
BLV:
11.04%
FNBGX:
-47.77%
BLV:
-38.29%
FNBGX:
-39.94%
BLV:
-27.46%
Returns By Period
The year-to-date returns for both stocks are quite close, with FNBGX having a 2.51% return and BLV slightly lower at 2.46%.
FNBGX
2.51%
2.74%
-5.97%
1.96%
-6.85%
N/A
BLV
2.46%
2.25%
-4.63%
2.93%
-4.12%
0.93%
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FNBGX vs. BLV - Expense Ratio Comparison
FNBGX has a 0.03% expense ratio, which is lower than BLV's 0.04% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FNBGX vs. BLV — Risk-Adjusted Performance Rank
FNBGX
BLV
FNBGX vs. BLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Long-Term Treasury Bond Index Fund (FNBGX) and Vanguard Long-Term Bond ETF (BLV). 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
FNBGX vs. BLV - Dividend Comparison
FNBGX's dividend yield for the trailing twelve months is around 3.70%, less than BLV's 4.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNBGX Fidelity Long-Term Treasury Bond Index Fund | 3.70% | 3.76% | 3.20% | 3.00% | 2.05% | 2.13% | 2.64% | 2.95% | 0.69% | 0.00% | 0.00% | 0.00% |
BLV Vanguard Long-Term Bond ETF | 4.58% | 4.68% | 4.06% | 4.17% | 3.37% | 5.84% | 3.57% | 4.07% | 3.63% | 4.16% | 4.37% | 3.90% |
Drawdowns
FNBGX vs. BLV - Drawdown Comparison
The maximum FNBGX drawdown since its inception was -47.77%, which is greater than BLV's maximum drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for FNBGX and BLV. For additional features, visit the drawdowns tool.
Volatility
FNBGX vs. BLV - Volatility Comparison
Fidelity Long-Term Treasury Bond Index Fund (FNBGX) has a higher volatility of 3.47% compared to Vanguard Long-Term Bond ETF (BLV) at 3.09%. This indicates that FNBGX's price experiences larger fluctuations and is considered to be riskier than BLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.