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FSEC vs. FBND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSEC and FBND is 0.13, 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.


-0.50.00.51.0
Correlation: 0.1

Performance

FSEC vs. FBND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Investment Grade Securitized ETF (FSEC) and Fidelity Total Bond ETF (FBND). The values are adjusted to include any dividend payments, if applicable.

-8.00%-6.00%-4.00%-2.00%0.00%2.00%NovemberDecember2025FebruaryMarchApril
-3.54%
0.01%
FSEC
FBND

Key characteristics

Sharpe Ratio

FSEC:

1.14

FBND:

1.34

Sortino Ratio

FSEC:

1.64

FBND:

1.96

Omega Ratio

FSEC:

1.20

FBND:

1.23

Calmar Ratio

FSEC:

0.68

FBND:

0.71

Martin Ratio

FSEC:

3.64

FBND:

3.88

Ulcer Index

FSEC:

2.32%

FBND:

1.88%

Daily Std Dev

FSEC:

7.44%

FBND:

5.42%

Max Drawdown

FSEC:

-17.97%

FBND:

-17.25%

Current Drawdown

FSEC:

-4.26%

FBND:

-3.18%

Returns By Period

In the year-to-date period, FSEC achieves a 2.96% return, which is significantly higher than FBND's 2.49% return.


FSEC

YTD

2.96%

1M

0.34%

6M

2.17%

1Y

9.17%

5Y*

N/A

10Y*

N/A

FBND

YTD

2.49%

1M

0.43%

6M

1.80%

1Y

7.96%

5Y*

0.63%

10Y*

2.19%

*Annualized

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FSEC vs. FBND - Expense Ratio Comparison

Both FSEC and FBND have an expense ratio of 0.36%.


Expense ratio chart for FSEC: current value is 0.36%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FSEC: 0.36%
Expense ratio chart for FBND: current value is 0.36%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FBND: 0.36%

Risk-Adjusted Performance

FSEC vs. FBND — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSEC
The Risk-Adjusted Performance Rank of FSEC is 7979
Overall Rank
The Sharpe Ratio Rank of FSEC is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of FSEC is 8383
Sortino Ratio Rank
The Omega Ratio Rank of FSEC is 7979
Omega Ratio Rank
The Calmar Ratio Rank of FSEC is 7373
Calmar Ratio Rank
The Martin Ratio Rank of FSEC is 7878
Martin Ratio Rank

FBND
The Risk-Adjusted Performance Rank of FBND is 8282
Overall Rank
The Sharpe Ratio Rank of FBND is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of FBND is 8888
Sortino Ratio Rank
The Omega Ratio Rank of FBND is 8484
Omega Ratio Rank
The Calmar Ratio Rank of FBND is 7373
Calmar Ratio Rank
The Martin Ratio Rank of FBND is 7979
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FSEC vs. FBND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Investment Grade Securitized ETF (FSEC) and Fidelity Total Bond ETF (FBND). 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.


The chart of Sharpe ratio for FSEC, currently valued at 1.14, compared to the broader market-1.000.001.002.003.004.00
FSEC: 1.14
FBND: 1.34
The chart of Sortino ratio for FSEC, currently valued at 1.64, compared to the broader market-2.000.002.004.006.008.00
FSEC: 1.64
FBND: 1.96
The chart of Omega ratio for FSEC, currently valued at 1.20, compared to the broader market0.501.001.502.002.50
FSEC: 1.20
FBND: 1.23
The chart of Calmar ratio for FSEC, currently valued at 0.68, compared to the broader market0.002.004.006.008.0010.0012.00
FSEC: 0.68
FBND: 0.71
The chart of Martin ratio for FSEC, currently valued at 3.64, compared to the broader market0.0020.0040.0060.00
FSEC: 3.64
FBND: 3.88

The current FSEC Sharpe Ratio is 1.14, which is comparable to the FBND Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of FSEC and FBND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
1.14
1.34
FSEC
FBND

Dividends

FSEC vs. FBND - Dividend Comparison

FSEC's dividend yield for the trailing twelve months is around 3.06%, less than FBND's 4.61% yield.


TTM20242023202220212020201920182017201620152014
FSEC
Fidelity Investment Grade Securitized ETF
3.06%3.22%3.41%2.21%0.96%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FBND
Fidelity Total Bond ETF
4.61%4.73%4.26%3.07%1.86%4.25%2.90%2.93%2.56%2.84%3.26%0.66%

Drawdowns

FSEC vs. FBND - Drawdown Comparison

The maximum FSEC drawdown since its inception was -17.97%, roughly equal to the maximum FBND drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for FSEC and FBND. For additional features, visit the drawdowns tool.


-8.00%-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%NovemberDecember2025FebruaryMarchApril
-4.26%
-3.18%
FSEC
FBND

Volatility

FSEC vs. FBND - Volatility Comparison

Fidelity Investment Grade Securitized ETF (FSEC) has a higher volatility of 3.67% compared to Fidelity Total Bond ETF (FBND) at 2.33%. This indicates that FSEC's price experiences larger fluctuations and is considered to be riskier than FBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%3.50%NovemberDecember2025FebruaryMarchApril
3.67%
2.33%
FSEC
FBND