FNDSX vs. JNK
Compare and contrast key facts about Fidelity Sustainability Bond Index Fund (FNDSX) and SPDR Barclays High Yield Bond ETF (JNK).
FNDSX is managed by Fidelity. It was launched on Jun 19, 2018. JNK is a passively managed fund by State Street that tracks the performance of the Barclays Capital High Yield Very Liquid Index. It was launched on Nov 28, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNDSX or JNK.
Correlation
The correlation between FNDSX and JNK is 0.28, 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.
Performance
FNDSX vs. JNK - Performance Comparison
Key characteristics
FNDSX:
0.21
JNK:
1.66
FNDSX:
0.33
JNK:
2.33
FNDSX:
1.04
JNK:
1.30
FNDSX:
0.08
JNK:
3.07
FNDSX:
0.51
JNK:
11.34
FNDSX:
2.20%
JNK:
0.65%
FNDSX:
5.40%
JNK:
4.43%
FNDSX:
-19.25%
JNK:
-38.48%
FNDSX:
-11.29%
JNK:
-1.24%
Returns By Period
In the year-to-date period, FNDSX achieves a -1.20% return, which is significantly lower than JNK's -0.09% return.
FNDSX
-1.20%
-2.05%
-1.13%
0.03%
-0.93%
N/A
JNK
-0.09%
-0.55%
3.08%
7.18%
2.88%
3.89%
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FNDSX vs. JNK - Expense Ratio Comparison
FNDSX has a 0.10% expense ratio, which is lower than JNK's 0.40% expense ratio.
Risk-Adjusted Performance
FNDSX vs. JNK — Risk-Adjusted Performance Rank
FNDSX
JNK
FNDSX vs. JNK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainability Bond Index Fund (FNDSX) and SPDR Barclays High Yield Bond ETF (JNK). 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
FNDSX vs. JNK - Dividend Comparison
FNDSX's dividend yield for the trailing twelve months is around 3.26%, less than JNK's 6.64% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNDSX Fidelity Sustainability Bond Index Fund | 3.26% | 3.22% | 2.83% | 2.04% | 1.34% | 1.87% | 2.72% | 1.55% | 0.00% | 0.00% | 0.00% | 0.00% |
JNK SPDR Barclays High Yield Bond ETF | 6.64% | 6.63% | 6.38% | 6.06% | 4.26% | 5.11% | 5.44% | 5.90% | 5.60% | 6.06% | 6.60% | 5.99% |
Drawdowns
FNDSX vs. JNK - Drawdown Comparison
The maximum FNDSX drawdown since its inception was -19.25%, smaller than the maximum JNK drawdown of -38.48%. Use the drawdown chart below to compare losses from any high point for FNDSX and JNK. For additional features, visit the drawdowns tool.
Volatility
FNDSX vs. JNK - Volatility Comparison
The current volatility for Fidelity Sustainability Bond Index Fund (FNDSX) is 1.18%, while SPDR Barclays High Yield Bond ETF (JNK) has a volatility of 1.62%. This indicates that FNDSX experiences smaller price fluctuations and is considered to be less risky than JNK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.