FSEC vs. FBND
Compare and contrast key facts about Fidelity Investment Grade Securitized ETF (FSEC) and Fidelity Total Bond ETF (FBND).
FSEC and FBND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FSEC is an actively managed fund by Fidelity. It was launched on Mar 2, 2021. FBND is an actively managed fund by Fidelity. It was launched on Oct 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSEC or FBND.
Correlation
The correlation between FSEC and FBND is 0.81, 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
FSEC vs. FBND - Performance Comparison
Key characteristics
FSEC:
0.64
FBND:
0.90
FSEC:
0.95
FBND:
1.32
FSEC:
1.11
FBND:
1.16
FSEC:
0.35
FBND:
0.46
FSEC:
2.06
FBND:
2.51
FSEC:
2.32%
FBND:
1.90%
FSEC:
7.50%
FBND:
5.30%
FSEC:
-17.97%
FBND:
-17.25%
FSEC:
-6.22%
FBND:
-4.52%
Returns By Period
In the year-to-date period, FSEC achieves a 0.85% return, which is significantly lower than FBND's 1.06% return.
FSEC
0.85%
0.93%
-1.19%
5.27%
N/A
N/A
FBND
1.06%
0.95%
-1.01%
4.97%
0.53%
2.17%
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FSEC vs. FBND - Expense Ratio Comparison
Both FSEC and FBND have an expense ratio of 0.36%.
Risk-Adjusted Performance
FSEC vs. FBND — Risk-Adjusted Performance Rank
FSEC
FBND
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.
Dividends
FSEC vs. FBND - Dividend Comparison
FSEC's dividend yield for the trailing twelve months is around 3.14%, less than FBND's 4.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSEC Fidelity Investment Grade Securitized ETF | 3.14% | 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 | 4.63% | 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.
Volatility
FSEC vs. FBND - Volatility Comparison
Fidelity Investment Grade Securitized ETF (FSEC) has a higher volatility of 1.59% compared to Fidelity Total Bond ETF (FBND) at 1.37%. 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.