FSLD vs. MINT
Compare and contrast key facts about Fidelity Sustainable Low Duration Bond ETF (FSLD) and PIMCO Enhanced Short Maturity Strategy Fund (MINT).
FSLD and MINT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FSLD is an actively managed fund by Fidelity. It was launched on Apr 19, 2022. MINT is an actively managed fund by PIMCO. It was launched on Nov 16, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSLD or MINT.
Correlation
The correlation between FSLD and MINT is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FSLD vs. MINT - Performance Comparison
Key characteristics
FSLD:
2.68
MINT:
10.52
FSLD:
4.11
MINT:
20.53
FSLD:
1.60
MINT:
6.16
FSLD:
9.70
MINT:
32.49
FSLD:
35.13
MINT:
233.71
FSLD:
0.15%
MINT:
0.02%
FSLD:
2.00%
MINT:
0.49%
FSLD:
-0.55%
MINT:
-4.62%
FSLD:
-0.03%
MINT:
0.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with FSLD having a 1.34% return and MINT slightly lower at 1.29%.
FSLD
1.34%
0.31%
2.19%
5.31%
N/A
N/A
MINT
1.29%
0.19%
2.29%
5.12%
2.90%
2.30%
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FSLD vs. MINT - Expense Ratio Comparison
FSLD has a 0.20% expense ratio, which is lower than MINT's 0.36% expense ratio.
Risk-Adjusted Performance
FSLD vs. MINT — Risk-Adjusted Performance Rank
FSLD
MINT
FSLD vs. MINT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable Low Duration Bond ETF (FSLD) and PIMCO Enhanced Short Maturity Strategy Fund (MINT). 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
FSLD vs. MINT - Dividend Comparison
FSLD's dividend yield for the trailing twelve months is around 4.41%, less than MINT's 5.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSLD Fidelity Sustainable Low Duration Bond ETF | 4.41% | 5.02% | 4.80% | 1.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MINT PIMCO Enhanced Short Maturity Strategy Fund | 5.12% | 5.22% | 4.91% | 1.90% | 0.44% | 1.15% | 2.65% | 2.32% | 1.61% | 1.35% | 0.88% | 0.80% |
Drawdowns
FSLD vs. MINT - Drawdown Comparison
The maximum FSLD drawdown since its inception was -0.55%, smaller than the maximum MINT drawdown of -4.62%. Use the drawdown chart below to compare losses from any high point for FSLD and MINT. For additional features, visit the drawdowns tool.
Volatility
FSLD vs. MINT - Volatility Comparison
Fidelity Sustainable Low Duration Bond ETF (FSLD) has a higher volatility of 0.68% compared to PIMCO Enhanced Short Maturity Strategy Fund (MINT) at 0.25%. This indicates that FSLD's price experiences larger fluctuations and is considered to be riskier than MINT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.