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FSHBX vs. BSV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSHBX and BSV is 0.63, 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.


-0.50.00.51.0
Correlation: 0.6

Performance

FSHBX vs. BSV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Short-Term Bond Fund (FSHBX) and Vanguard Short-Term Bond ETF (BSV). The values are adjusted to include any dividend payments, if applicable.

35.00%40.00%45.00%50.00%55.00%NovemberDecember2025FebruaryMarchApril
36.67%
55.34%
FSHBX
BSV

Key characteristics

Sharpe Ratio

FSHBX:

2.94

BSV:

2.82

Sortino Ratio

FSHBX:

5.20

BSV:

4.41

Omega Ratio

FSHBX:

1.81

BSV:

1.58

Calmar Ratio

FSHBX:

6.21

BSV:

2.21

Martin Ratio

FSHBX:

18.54

BSV:

10.32

Ulcer Index

FSHBX:

0.31%

BSV:

0.62%

Daily Std Dev

FSHBX:

1.99%

BSV:

2.29%

Max Drawdown

FSHBX:

-6.54%

BSV:

-8.62%

Current Drawdown

FSHBX:

0.00%

BSV:

0.00%

Returns By Period

In the year-to-date period, FSHBX achieves a 1.51% return, which is significantly lower than BSV's 2.48% return. Both investments have delivered pretty close results over the past 10 years, with FSHBX having a 1.77% annualized return and BSV not far behind at 1.76%.


FSHBX

YTD

1.51%

1M

0.35%

6M

1.98%

1Y

5.83%

5Y*

1.95%

10Y*

1.77%

BSV

YTD

2.48%

1M

1.11%

6M

2.40%

1Y

6.51%

5Y*

1.31%

10Y*

1.76%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FSHBX vs. BSV - Expense Ratio Comparison

FSHBX has a 0.45% expense ratio, which is higher than BSV's 0.04% expense ratio.


FSHBX
Fidelity Short-Term Bond Fund
Expense ratio chart for FSHBX: current value is 0.45%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FSHBX: 0.45%
Expense ratio chart for BSV: current value is 0.04%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BSV: 0.04%

Risk-Adjusted Performance

FSHBX vs. BSV — Risk-Adjusted Performance Rank

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

FSHBX
The Risk-Adjusted Performance Rank of FSHBX is 9797
Overall Rank
The Sharpe Ratio Rank of FSHBX is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of FSHBX is 9797
Sortino Ratio Rank
The Omega Ratio Rank of FSHBX is 9797
Omega Ratio Rank
The Calmar Ratio Rank of FSHBX is 9797
Calmar Ratio Rank
The Martin Ratio Rank of FSHBX is 9797
Martin Ratio Rank

BSV
The Risk-Adjusted Performance Rank of BSV is 9696
Overall Rank
The Sharpe Ratio Rank of BSV is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of BSV is 9797
Sortino Ratio Rank
The Omega Ratio Rank of BSV is 9797
Omega Ratio Rank
The Calmar Ratio Rank of BSV is 9494
Calmar Ratio Rank
The Martin Ratio Rank of BSV is 9494
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.

FSHBX vs. BSV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Short-Term Bond Fund (FSHBX) and Vanguard Short-Term Bond ETF (BSV). 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.


Sharpe ratio
The chart of Sharpe ratio for FSHBX, currently valued at 2.94, compared to the broader market-1.000.001.002.003.004.00
FSHBX: 2.94
BSV: 2.93
The chart of Sortino ratio for FSHBX, currently valued at 5.20, compared to the broader market-2.000.002.004.006.008.0010.00
FSHBX: 5.20
BSV: 4.62
The chart of Omega ratio for FSHBX, currently valued at 1.81, compared to the broader market1.002.003.00
FSHBX: 1.81
BSV: 1.61
The chart of Calmar ratio for FSHBX, currently valued at 6.21, compared to the broader market0.005.0010.0015.00
FSHBX: 6.21
BSV: 2.27
The chart of Martin ratio for FSHBX, currently valued at 18.54, compared to the broader market0.0020.0040.0060.00
FSHBX: 18.54
BSV: 10.85

The current FSHBX Sharpe Ratio is 2.94, which is comparable to the BSV Sharpe Ratio of 2.82. The chart below compares the historical Sharpe Ratios of FSHBX and BSV, 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 Ratio1.502.002.503.003.50NovemberDecember2025FebruaryMarchApril
2.94
2.93
FSHBX
BSV

Dividends

FSHBX vs. BSV - Dividend Comparison

FSHBX's dividend yield for the trailing twelve months is around 3.72%, more than BSV's 3.50% yield.


TTM20242023202220212020201920182017201620152014
FSHBX
Fidelity Short-Term Bond Fund
3.72%4.01%3.00%1.15%0.94%2.06%2.13%1.78%1.28%1.00%1.02%0.92%
BSV
Vanguard Short-Term Bond ETF
3.50%3.38%2.46%1.50%1.36%1.79%2.29%1.99%1.65%1.49%1.40%1.45%

Drawdowns

FSHBX vs. BSV - Drawdown Comparison

The maximum FSHBX drawdown since its inception was -6.54%, smaller than the maximum BSV drawdown of -8.62%. Use the drawdown chart below to compare losses from any high point for FSHBX and BSV. For additional features, visit the drawdowns tool.


-1.50%-1.00%-0.50%0.00%NovemberDecember2025FebruaryMarchApril00
FSHBX
BSV

Volatility

FSHBX vs. BSV - Volatility Comparison

The current volatility for Fidelity Short-Term Bond Fund (FSHBX) is 0.51%, while Vanguard Short-Term Bond ETF (BSV) has a volatility of 0.75%. This indicates that FSHBX experiences smaller price fluctuations and is considered to be less risky than BSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.45%0.50%0.55%0.60%0.65%0.70%0.75%NovemberDecember2025FebruaryMarchApril
0.51%
0.75%
FSHBX
BSV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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