FPFD vs. VGSH
Compare and contrast key facts about Fidelity Preferred Securities & Income ETF (FPFD) and Vanguard Short-Term Treasury ETF (VGSH).
FPFD and VGSH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FPFD is an actively managed fund by Fidelity. It was launched on Jun 15, 2021. VGSH is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 1-3 Year Government Float Adjusted Index. It was launched on Nov 19, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPFD or VGSH.
Correlation
The correlation between FPFD and VGSH is 0.31, 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
FPFD vs. VGSH - Performance Comparison
Key characteristics
FPFD:
2.11
VGSH:
2.23
FPFD:
3.06
VGSH:
3.40
FPFD:
1.39
VGSH:
1.45
FPFD:
0.88
VGSH:
3.99
FPFD:
9.09
VGSH:
9.67
FPFD:
0.92%
VGSH:
0.40%
FPFD:
3.95%
VGSH:
1.74%
FPFD:
-20.83%
VGSH:
-5.70%
FPFD:
-2.57%
VGSH:
-0.49%
Returns By Period
In the year-to-date period, FPFD achieves a 8.56% return, which is significantly higher than VGSH's 3.72% return.
FPFD
8.56%
-0.93%
2.71%
8.33%
N/A
N/A
VGSH
3.72%
0.36%
2.53%
3.88%
1.31%
1.32%
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FPFD vs. VGSH - Expense Ratio Comparison
FPFD has a 0.59% expense ratio, which is higher than VGSH's 0.04% expense ratio.
Risk-Adjusted Performance
FPFD vs. VGSH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Preferred Securities & Income ETF (FPFD) and Vanguard Short-Term Treasury ETF (VGSH). 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
FPFD vs. VGSH - Dividend Comparison
FPFD's dividend yield for the trailing twelve months is around 4.72%, more than VGSH's 4.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPFD Fidelity Preferred Securities & Income ETF | 4.72% | 5.09% | 5.22% | 1.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGSH Vanguard Short-Term Treasury ETF | 4.20% | 3.32% | 1.15% | 0.66% | 1.75% | 2.28% | 1.79% | 1.10% | 0.84% | 0.71% | 0.46% | 0.34% |
Drawdowns
FPFD vs. VGSH - Drawdown Comparison
The maximum FPFD drawdown since its inception was -20.83%, which is greater than VGSH's maximum drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for FPFD and VGSH. For additional features, visit the drawdowns tool.
Volatility
FPFD vs. VGSH - Volatility Comparison
Fidelity Preferred Securities & Income ETF (FPFD) has a higher volatility of 1.24% compared to Vanguard Short-Term Treasury ETF (VGSH) at 0.36%. This indicates that FPFD's price experiences larger fluctuations and is considered to be riskier than VGSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.