FSYD vs. MUB
Compare and contrast key facts about Fidelity Sustainable High Yield ETF (FSYD) and iShares National AMT-Free Muni Bond ETF (MUB).
FSYD and MUB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FSYD is an actively managed fund by Fidelity. It was launched on Feb 15, 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: FSYD or MUB.
Correlation
The correlation between FSYD and MUB is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FSYD vs. MUB - Performance Comparison
Key characteristics
FSYD:
1.33
MUB:
-0.04
FSYD:
1.96
MUB:
-0.03
FSYD:
1.30
MUB:
1.00
FSYD:
1.42
MUB:
-0.04
FSYD:
7.74
MUB:
-0.15
FSYD:
1.01%
MUB:
1.33%
FSYD:
5.87%
MUB:
4.72%
FSYD:
-12.11%
MUB:
-13.68%
FSYD:
-3.27%
MUB:
-4.16%
Returns By Period
In the year-to-date period, FSYD achieves a -1.16% return, which is significantly higher than MUB's -2.60% return.
FSYD
-1.16%
-2.31%
-0.82%
7.62%
N/A
N/A
MUB
-2.60%
-2.45%
-2.76%
-0.31%
0.63%
1.73%
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FSYD vs. MUB - Expense Ratio Comparison
FSYD has a 0.55% expense ratio, which is higher than MUB's 0.07% expense ratio.
Risk-Adjusted Performance
FSYD vs. MUB — Risk-Adjusted Performance Rank
FSYD
MUB
FSYD vs. MUB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable High Yield ETF (FSYD) 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
FSYD vs. MUB - Dividend Comparison
FSYD's dividend yield for the trailing twelve months is around 6.83%, more than MUB's 3.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSYD Fidelity Sustainable High Yield ETF | 6.83% | 6.47% | 6.70% | 5.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MUB iShares National AMT-Free Muni Bond ETF | 3.15% | 3.01% | 2.65% | 2.11% | 1.81% | 2.11% | 2.42% | 2.46% | 2.26% | 2.21% | 2.51% | 2.73% |
Drawdowns
FSYD vs. MUB - Drawdown Comparison
The maximum FSYD drawdown since its inception was -12.11%, smaller than the maximum MUB drawdown of -13.68%. Use the drawdown chart below to compare losses from any high point for FSYD and MUB. For additional features, visit the drawdowns tool.
Volatility
FSYD vs. MUB - Volatility Comparison
Fidelity Sustainable High Yield ETF (FSYD) has a higher volatility of 4.38% compared to iShares National AMT-Free Muni Bond ETF (MUB) at 3.02%. This indicates that FSYD's price experiences larger fluctuations and is considered to be riskier than MUB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.