FNSOX vs. VBTLX
Compare and contrast key facts about Fidelity Short-Term Bond Index Fund (FNSOX) and Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX).
FNSOX is managed by Fidelity. It was launched on Oct 18, 2017. VBTLX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNSOX or VBTLX.
Key characteristics
| FNSOX | VBTLX | |
|---|---|---|
| YTD Return | 3.43% | 1.67% |
| 1Y Return | 6.72% | 10.19% |
| 3Y Return (Ann) | 0.73% | -2.30% |
| 5Y Return (Ann) | 1.20% | -0.25% |
| Sharpe Ratio | 2.15 | 1.78 |
| Sortino Ratio | 3.45 | 2.65 |
| Omega Ratio | 1.46 | 1.32 |
| Calmar Ratio | 1.24 | 0.61 |
| Martin Ratio | 10.75 | 6.65 |
| Ulcer Index | 0.54% | 1.56% |
| Daily Std Dev | 2.73% | 5.86% |
| Max Drawdown | -8.45% | -18.68% |
| Current Drawdown | -1.39% | -8.61% |
Correlation
The correlation between FNSOX and VBTLX is 0.82, 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. VBTLX - Performance Comparison
In the year-to-date period, FNSOX achieves a 3.43% return, which is significantly higher than VBTLX's 1.67% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FNSOX vs. VBTLX - Expense Ratio Comparison
FNSOX has a 0.03% expense ratio, which is lower than VBTLX's 0.05% 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. VBTLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Short-Term Bond Index Fund (FNSOX) and Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX). 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. VBTLX - Dividend Comparison
FNSOX's dividend yield for the trailing twelve months is around 1.84%, less than VBTLX's 3.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNSOX Fidelity Short-Term Bond Index Fund | 1.84% | 1.74% | 1.16% | 0.93% | 1.93% | 2.61% | 2.02% | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% |
VBTLX Vanguard Total Bond Market Index Fund Admiral Shares | 3.24% | 3.08% | 2.59% | 2.11% | 2.39% | 2.73% | 2.80% | 2.56% | 2.54% | 2.37% | 2.59% | 2.59% |
Drawdowns
FNSOX vs. VBTLX - Drawdown Comparison
The maximum FNSOX drawdown since its inception was -8.45%, smaller than the maximum VBTLX drawdown of -18.68%. Use the drawdown chart below to compare losses from any high point for FNSOX and VBTLX. For additional features, visit the drawdowns tool.
Volatility
FNSOX vs. VBTLX - Volatility Comparison
The current volatility for Fidelity Short-Term Bond Index Fund (FNSOX) is 0.62%, while Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) has a volatility of 1.31%. This indicates that FNSOX experiences smaller price fluctuations and is considered to be less risky than VBTLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.