FSBD vs. MUB
Compare and contrast key facts about Fidelity Sustainable Core Plus Bond ETF (FSBD) and iShares National AMT-Free Muni Bond ETF (MUB).
FSBD and MUB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FSBD is an actively managed fund by Fidelity. It was launched on Apr 19, 2022. MUB is a passively managed fund by iShares that tracks the performance of the S&P National AMT-Free Municipal Bond Index. It was launched on Sep 7, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSBD or MUB.
Correlation
The correlation between FSBD and MUB is 0.77, 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
FSBD vs. MUB - Performance Comparison
Key characteristics
FSBD:
0.54
MUB:
0.29
FSBD:
0.81
MUB:
0.42
FSBD:
1.09
MUB:
1.05
FSBD:
0.91
MUB:
0.25
FSBD:
1.85
MUB:
1.15
FSBD:
1.76%
MUB:
0.98%
FSBD:
6.03%
MUB:
3.83%
FSBD:
-9.63%
MUB:
-13.68%
FSBD:
-2.96%
MUB:
-1.93%
Returns By Period
In the year-to-date period, FSBD achieves a 3.00% return, which is significantly higher than MUB's 0.93% return.
FSBD
3.00%
0.26%
2.67%
3.07%
N/A
N/A
MUB
0.93%
-0.79%
1.18%
1.13%
0.97%
2.05%
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FSBD vs. MUB - Expense Ratio Comparison
FSBD has a 0.36% expense ratio, which is higher than MUB's 0.07% expense ratio.
Risk-Adjusted Performance
FSBD vs. MUB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable Core Plus Bond ETF (FSBD) and iShares National AMT-Free Muni Bond ETF (MUB). 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
FSBD vs. MUB - Dividend Comparison
FSBD's dividend yield for the trailing twelve months is around 4.49%, more than MUB's 3.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSBD Fidelity Sustainable Core Plus Bond ETF | 4.49% | 4.17% | 2.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MUB iShares National AMT-Free Muni Bond ETF | 3.02% | 2.65% | 2.11% | 1.81% | 2.11% | 2.42% | 2.46% | 2.26% | 2.21% | 2.51% | 2.73% | 3.02% |
Drawdowns
FSBD vs. MUB - Drawdown Comparison
The maximum FSBD drawdown since its inception was -9.63%, smaller than the maximum MUB drawdown of -13.68%. Use the drawdown chart below to compare losses from any high point for FSBD and MUB. For additional features, visit the drawdowns tool.
Volatility
FSBD vs. MUB - Volatility Comparison
Fidelity Sustainable Core Plus Bond ETF (FSBD) has a higher volatility of 2.08% compared to iShares National AMT-Free Muni Bond ETF (MUB) at 1.22%. This indicates that FSBD's price experiences larger fluctuations and is considered to be riskier than MUB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.