FSIG vs. FLTB
Compare and contrast key facts about First Trust Limited Duration Investment Grade Corporate ETF (FSIG) and Fidelity Limited Term Bond ETF (FLTB).
FSIG and FLTB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FSIG is an actively managed fund by First Trust. It was launched on Nov 17, 2021. FLTB 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: FSIG or FLTB.
Correlation
The correlation between FSIG and FLTB is 0.82, 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
FSIG vs. FLTB - Performance Comparison
Key characteristics
FSIG:
1.59
FLTB:
2.28
FSIG:
2.31
FLTB:
3.45
FSIG:
1.29
FLTB:
1.43
FSIG:
2.99
FLTB:
2.79
FSIG:
7.24
FLTB:
11.42
FSIG:
0.59%
FLTB:
0.46%
FSIG:
2.69%
FLTB:
2.30%
FSIG:
-6.88%
FLTB:
-9.37%
FSIG:
-1.09%
FLTB:
-0.72%
Returns By Period
In the year-to-date period, FSIG achieves a 3.94% return, which is significantly lower than FLTB's 4.89% return.
FSIG
3.94%
0.13%
2.55%
4.28%
N/A
N/A
FLTB
4.89%
0.26%
2.95%
5.19%
1.77%
2.11%
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FSIG vs. FLTB - Expense Ratio Comparison
FSIG has a 0.55% expense ratio, which is higher than FLTB's 0.36% expense ratio.
Risk-Adjusted Performance
FSIG vs. FLTB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Limited Duration Investment Grade Corporate ETF (FSIG) and Fidelity Limited Term Bond ETF (FLTB). 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
FSIG vs. FLTB - Dividend Comparison
FSIG's dividend yield for the trailing twelve months is around 5.01%, more than FLTB's 4.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FSIG First Trust Limited Duration Investment Grade Corporate ETF | 4.62% | 4.42% | 2.48% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLTB Fidelity Limited Term Bond ETF | 4.02% | 3.20% | 1.63% | 0.89% | 1.56% | 2.67% | 2.50% | 1.78% | 1.59% | 1.63% | 0.35% |
Drawdowns
FSIG vs. FLTB - Drawdown Comparison
The maximum FSIG drawdown since its inception was -6.88%, smaller than the maximum FLTB drawdown of -9.37%. Use the drawdown chart below to compare losses from any high point for FSIG and FLTB. For additional features, visit the drawdowns tool.
Volatility
FSIG vs. FLTB - Volatility Comparison
First Trust Limited Duration Investment Grade Corporate ETF (FSIG) and Fidelity Limited Term Bond ETF (FLTB) have volatilities of 0.72% and 0.73%, 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.