FSEC vs. MUB
Compare and contrast key facts about Fidelity Investment Grade Securitized ETF (FSEC) and iShares National AMT-Free Muni Bond ETF (MUB).
FSEC and MUB 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. 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: FSEC or MUB.
Correlation
The correlation between FSEC and MUB is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FSEC vs. MUB - Performance Comparison
Key characteristics
FSEC:
0.64
MUB:
0.49
FSEC:
0.95
MUB:
0.70
FSEC:
1.11
MUB:
1.09
FSEC:
0.35
MUB:
0.40
FSEC:
2.06
MUB:
1.75
FSEC:
2.32%
MUB:
1.05%
FSEC:
7.50%
MUB:
3.76%
FSEC:
-17.97%
MUB:
-13.68%
FSEC:
-6.22%
MUB:
-1.20%
Returns By Period
In the year-to-date period, FSEC achieves a 0.85% return, which is significantly higher than MUB's 0.41% return.
FSEC
0.85%
0.93%
-1.19%
5.27%
N/A
N/A
MUB
0.41%
0.71%
0.29%
1.95%
0.64%
2.08%
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FSEC vs. MUB - Expense Ratio Comparison
FSEC has a 0.36% expense ratio, which is higher than MUB's 0.07% expense ratio.
Risk-Adjusted Performance
FSEC vs. MUB — Risk-Adjusted Performance Rank
FSEC
MUB
FSEC vs. MUB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Investment Grade Securitized ETF (FSEC) 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
FSEC vs. MUB - Dividend Comparison
FSEC's dividend yield for the trailing twelve months is around 3.14%, more than MUB's 3.01% 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% |
MUB iShares National AMT-Free Muni Bond ETF | 3.01% | 3.01% | 2.65% | 2.11% | 1.81% | 2.11% | 2.42% | 2.46% | 2.26% | 2.21% | 2.51% | 2.73% |
Drawdowns
FSEC vs. MUB - Drawdown Comparison
The maximum FSEC drawdown since its inception was -17.97%, which is greater than MUB's maximum drawdown of -13.68%. Use the drawdown chart below to compare losses from any high point for FSEC and MUB. For additional features, visit the drawdowns tool.
Volatility
FSEC vs. MUB - Volatility Comparison
Fidelity Investment Grade Securitized ETF (FSEC) has a higher volatility of 1.59% compared to iShares National AMT-Free Muni Bond ETF (MUB) at 1.12%. This indicates that FSEC'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.