FNSOX vs. BSV
Compare and contrast key facts about Fidelity Short-Term Bond Index Fund (FNSOX) and Vanguard Short-Term Bond ETF (BSV).
FNSOX is managed by Fidelity. It was launched on Oct 18, 2017. BSV is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 1-5 Year 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: FNSOX or BSV.
Correlation
The correlation between FNSOX and BSV is 0.86, 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
FNSOX vs. BSV - Performance Comparison
Key characteristics
FNSOX:
2.70
BSV:
2.82
FNSOX:
4.41
BSV:
4.41
FNSOX:
1.59
BSV:
1.58
FNSOX:
2.13
BSV:
2.21
FNSOX:
10.41
BSV:
10.32
FNSOX:
0.63%
BSV:
0.62%
FNSOX:
2.44%
BSV:
2.29%
FNSOX:
-8.83%
BSV:
-8.62%
FNSOX:
0.00%
BSV:
0.00%
Returns By Period
The year-to-date returns for both investments are quite close, with FNSOX having a 2.42% return and BSV slightly higher at 2.48%.
FNSOX
2.42%
1.01%
2.40%
6.20%
1.18%
N/A
BSV
2.48%
1.07%
2.40%
6.28%
1.36%
1.74%
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FNSOX vs. BSV - Expense Ratio Comparison
FNSOX has a 0.03% expense ratio, which is lower than BSV'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
FNSOX vs. BSV — Risk-Adjusted Performance Rank
FNSOX
BSV
FNSOX vs. BSV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Short-Term Bond Index Fund (FNSOX) and Vanguard Short-Term Bond ETF (BSV). 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
FNSOX vs. BSV - Dividend Comparison
FNSOX's dividend yield for the trailing twelve months is around 2.94%, less than BSV's 3.50% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNSOX Fidelity Short-Term Bond Index Fund | 2.94% | 2.81% | 1.75% | 1.17% | 0.76% | 1.45% | 2.35% | 2.03% | 0.34% | 0.00% | 0.00% | 0.00% |
BSV Vanguard Short-Term Bond ETF | 3.50% | 3.38% | 2.46% | 1.50% | 1.36% | 1.79% | 2.29% | 1.99% | 1.65% | 1.49% | 1.40% | 1.45% |
Drawdowns
FNSOX vs. BSV - Drawdown Comparison
The maximum FNSOX drawdown since its inception was -8.83%, roughly equal to the maximum BSV drawdown of -8.62%. Use the drawdown chart below to compare losses from any high point for FNSOX and BSV. For additional features, visit the drawdowns tool.
Volatility
FNSOX vs. BSV - Volatility Comparison
The current volatility for Fidelity Short-Term Bond Index Fund (FNSOX) is 0.69%, while Vanguard Short-Term Bond ETF (BSV) has a volatility of 0.75%. This indicates that FNSOX experiences smaller price fluctuations and is considered to be less risky than BSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.