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FSLD vs. VCSH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSLD and VCSH 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.


-0.50.00.51.0
Correlation: 0.1

Performance

FSLD vs. VCSH - Performance Comparison

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

10.00%11.00%12.00%13.00%14.00%NovemberDecember2025FebruaryMarchApril
13.96%
13.33%
FSLD
VCSH

Key characteristics

Sharpe Ratio

FSLD:

2.68

VCSH:

2.99

Sortino Ratio

FSLD:

4.11

VCSH:

4.60

Omega Ratio

FSLD:

1.60

VCSH:

1.64

Calmar Ratio

FSLD:

9.70

VCSH:

5.64

Martin Ratio

FSLD:

35.13

VCSH:

15.89

Ulcer Index

FSLD:

0.15%

VCSH:

0.46%

Daily Std Dev

FSLD:

2.00%

VCSH:

2.43%

Max Drawdown

FSLD:

-0.55%

VCSH:

-12.86%

Current Drawdown

FSLD:

-0.03%

VCSH:

-0.03%

Returns By Period

In the year-to-date period, FSLD achieves a 1.34% return, which is significantly lower than VCSH's 2.26% return.


FSLD

YTD

1.34%

1M

0.31%

6M

2.19%

1Y

5.31%

5Y*

N/A

10Y*

N/A

VCSH

YTD

2.26%

1M

0.60%

6M

2.65%

1Y

7.42%

5Y*

2.30%

10Y*

2.45%

*Annualized

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FSLD vs. VCSH - Expense Ratio Comparison

FSLD has a 0.20% expense ratio, which is higher than VCSH's 0.04% 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%.


Expense ratio chart for FSLD: current value is 0.20%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FSLD: 0.20%
Expense ratio chart for VCSH: 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%
VCSH: 0.04%

Risk-Adjusted Performance

FSLD vs. VCSH — Risk-Adjusted Performance Rank

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

FSLD
The Risk-Adjusted Performance Rank of FSLD is 9898
Overall Rank
The Sharpe Ratio Rank of FSLD is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of FSLD is 9797
Sortino Ratio Rank
The Omega Ratio Rank of FSLD is 9797
Omega Ratio Rank
The Calmar Ratio Rank of FSLD is 9999
Calmar Ratio Rank
The Martin Ratio Rank of FSLD is 9898
Martin Ratio Rank

VCSH
The Risk-Adjusted Performance Rank of VCSH is 9797
Overall Rank
The Sharpe Ratio Rank of VCSH is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of VCSH is 9898
Sortino Ratio Rank
The Omega Ratio Rank of VCSH is 9797
Omega Ratio Rank
The Calmar Ratio Rank of VCSH is 9898
Calmar Ratio Rank
The Martin Ratio Rank of VCSH is 9696
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.

FSLD vs. VCSH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable Low Duration Bond ETF (FSLD) and Vanguard Short-Term Corporate Bond ETF (VCSH). 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.


The chart of Sharpe ratio for FSLD, currently valued at 2.68, compared to the broader market-1.000.001.002.003.004.00
FSLD: 2.68
VCSH: 2.99
The chart of Sortino ratio for FSLD, currently valued at 4.11, compared to the broader market-2.000.002.004.006.008.00
FSLD: 4.11
VCSH: 4.60
The chart of Omega ratio for FSLD, currently valued at 1.60, compared to the broader market0.501.001.502.00
FSLD: 1.60
VCSH: 1.64
The chart of Calmar ratio for FSLD, currently valued at 9.70, compared to the broader market0.002.004.006.008.0010.0012.00
FSLD: 9.70
VCSH: 5.64
The chart of Martin ratio for FSLD, currently valued at 35.13, compared to the broader market0.0020.0040.0060.00
FSLD: 35.13
VCSH: 15.89

The current FSLD Sharpe Ratio is 2.68, which is comparable to the VCSH Sharpe Ratio of 2.99. The chart below compares the historical Sharpe Ratios of FSLD and VCSH, 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 Ratio2.002.503.003.504.00NovemberDecember2025FebruaryMarchApril
2.68
2.99
FSLD
VCSH

Dividends

FSLD vs. VCSH - Dividend Comparison

FSLD's dividend yield for the trailing twelve months is around 4.41%, more than VCSH's 4.07% yield.


TTM20242023202220212020201920182017201620152014
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%
VCSH
Vanguard Short-Term Corporate Bond ETF
4.07%3.96%3.09%2.01%1.81%2.27%2.87%2.65%2.25%2.10%2.08%2.01%

Drawdowns

FSLD vs. VCSH - Drawdown Comparison

The maximum FSLD drawdown since its inception was -0.55%, smaller than the maximum VCSH drawdown of -12.86%. Use the drawdown chart below to compare losses from any high point for FSLD and VCSH. For additional features, visit the drawdowns tool.


-1.20%-1.00%-0.80%-0.60%-0.40%-0.20%0.00%NovemberDecember2025FebruaryMarchApril
-0.03%
-0.03%
FSLD
VCSH

Volatility

FSLD vs. VCSH - Volatility Comparison

The current volatility for Fidelity Sustainable Low Duration Bond ETF (FSLD) is 0.68%, while Vanguard Short-Term Corporate Bond ETF (VCSH) has a volatility of 1.37%. This indicates that FSLD experiences smaller price fluctuations and is considered to be less risky than VCSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.60%0.80%1.00%1.20%1.40%NovemberDecember2025FebruaryMarchApril
0.68%
1.37%
FSLD
VCSH