FSHBX vs. VBIRX
Compare and contrast key facts about Fidelity Short-Term Bond Fund (FSHBX) and Vanguard Short-Term Bond Index Fund Admiral Shares (VBIRX).
FSHBX is managed by Fidelity. It was launched on Sep 15, 1986. VBIRX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSHBX or VBIRX.
Correlation
The correlation between FSHBX and VBIRX is 0.74, 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
FSHBX vs. VBIRX - Performance Comparison
Key characteristics
FSHBX:
2.27
VBIRX:
1.29
FSHBX:
3.81
VBIRX:
1.96
FSHBX:
1.57
VBIRX:
1.25
FSHBX:
4.85
VBIRX:
1.03
FSHBX:
12.35
VBIRX:
4.81
FSHBX:
0.37%
VBIRX:
0.72%
FSHBX:
2.00%
VBIRX:
2.69%
FSHBX:
-6.54%
VBIRX:
-8.91%
FSHBX:
-0.48%
VBIRX:
-1.56%
Returns By Period
In the year-to-date period, FSHBX achieves a 4.56% return, which is significantly higher than VBIRX's 3.02% return. Over the past 10 years, FSHBX has outperformed VBIRX with an annualized return of 1.66%, while VBIRX has yielded a comparatively lower 1.51% annualized return.
FSHBX
4.56%
0.34%
2.69%
4.68%
1.60%
1.66%
VBIRX
3.02%
0.00%
2.17%
3.37%
1.13%
1.51%
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FSHBX vs. VBIRX - Expense Ratio Comparison
FSHBX has a 0.45% expense ratio, which is higher than VBIRX's 0.07% expense ratio.
Risk-Adjusted Performance
FSHBX vs. VBIRX - 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 Index Fund Admiral Shares (VBIRX). 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
FSHBX vs. VBIRX - Dividend Comparison
FSHBX's dividend yield for the trailing twelve months is around 3.96%, more than VBIRX's 3.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSHBX Fidelity Short-Term Bond Fund | 3.96% | 3.00% | 1.15% | 0.94% | 2.06% | 2.13% | 1.77% | 1.28% | 1.00% | 1.02% | 0.92% | 0.82% |
VBIRX Vanguard Short-Term Bond Index Fund Admiral Shares | 3.00% | 2.41% | 1.44% | 1.17% | 1.78% | 2.23% | 2.04% | 1.53% | 1.48% | 1.32% | 1.20% | 1.21% |
Drawdowns
FSHBX vs. VBIRX - Drawdown Comparison
The maximum FSHBX drawdown since its inception was -6.54%, smaller than the maximum VBIRX drawdown of -8.91%. Use the drawdown chart below to compare losses from any high point for FSHBX and VBIRX. For additional features, visit the drawdowns tool.
Volatility
FSHBX vs. VBIRX - Volatility Comparison
Fidelity Short-Term Bond Fund (FSHBX) and Vanguard Short-Term Bond Index Fund Admiral Shares (VBIRX) have volatilities of 0.52% and 0.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.