FSLD vs. MUB
Compare and contrast key facts about Fidelity Sustainable Low Duration Bond ETF (FSLD) and iShares National AMT-Free Muni Bond ETF (MUB).
FSLD and MUB 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. 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: FSLD or MUB.
Correlation
The correlation between FSLD and MUB is 0.08, 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. MUB - Performance Comparison
Key characteristics
FSLD:
2.68
MUB:
0.14
FSLD:
4.11
MUB:
0.21
FSLD:
1.60
MUB:
1.03
FSLD:
9.70
MUB:
0.14
FSLD:
35.13
MUB:
0.47
FSLD:
0.15%
MUB:
1.40%
FSLD:
2.00%
MUB:
4.74%
FSLD:
-0.55%
MUB:
-13.68%
FSLD:
-0.03%
MUB:
-3.19%
Returns By Period
In the year-to-date period, FSLD achieves a 1.34% return, which is significantly higher than MUB's -1.61% return.
FSLD
1.34%
0.31%
2.19%
5.31%
N/A
N/A
MUB
-1.61%
-0.40%
-1.27%
1.04%
0.95%
1.86%
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FSLD vs. MUB - Expense Ratio Comparison
FSLD has a 0.20% expense ratio, which is higher than MUB's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FSLD vs. MUB — Risk-Adjusted Performance Rank
FSLD
MUB
FSLD vs. MUB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable Low Duration Bond ETF (FSLD) 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
FSLD vs. MUB - Dividend Comparison
FSLD's dividend yield for the trailing twelve months is around 4.41%, more than MUB's 3.12% 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% |
MUB iShares National AMT-Free Muni Bond ETF | 3.12% | 3.01% | 2.65% | 2.11% | 1.81% | 2.11% | 2.42% | 2.46% | 2.26% | 2.21% | 2.51% | 2.73% |
Drawdowns
FSLD vs. MUB - Drawdown Comparison
The maximum FSLD drawdown since its inception was -0.55%, smaller than the maximum MUB drawdown of -13.68%. Use the drawdown chart below to compare losses from any high point for FSLD and MUB. For additional features, visit the drawdowns tool.
Volatility
FSLD vs. MUB - Volatility Comparison
The current volatility for Fidelity Sustainable Low Duration Bond ETF (FSLD) is 0.68%, while iShares National AMT-Free Muni Bond ETF (MUB) has a volatility of 3.06%. This indicates that FSLD experiences smaller price fluctuations and is considered to be less risky than MUB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.