PortfoliosLab logo
PortfoliosLab logo
Tools
Portfolios
Screeners
Discussions
FSYD vs. SHY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSYD and SHY is 0.11, 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.

FSYD vs. SHY

Last updated May 31, 2025

Compare and contrast key facts about Fidelity Sustainable High Yield ETF (FSYD) and iShares 1-3 Year Treasury Bond ETF (SHY).

FSYD and SHY 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. SHY is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 1-3 Year Treasury Bond Index. It was launched on Jul 22, 2002.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSYD or SHY.

Performance

FSYD vs. SHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Sustainable High Yield ETF (FSYD) and iShares 1-3 Year Treasury Bond ETF (SHY). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

FSYD:

1.51

SHY:

3.45

Sortino Ratio

FSYD:

2.20

SHY:

5.85

Omega Ratio

FSYD:

1.34

SHY:

1.77

Calmar Ratio

FSYD:

1.63

SHY:

5.96

Martin Ratio

FSYD:

8.38

SHY:

15.95

Ulcer Index

FSYD:

1.07%

SHY:

0.36%

Daily Std Dev

FSYD:

6.04%

SHY:

1.66%

Max Drawdown

FSYD:

-12.11%

SHY:

-5.73%

Current Drawdown

FSYD:

-0.14%

SHY:

-0.25%

Returns By Period

The year-to-date returns for both stocks are quite close, with FSYD having a 2.24% return and SHY slightly lower at 2.13%.

FSYD

YTD

2.24%

1M

1.45%

6M

1.68%

1Y

9.05%

3Y*

6.18%

5Y*

N/A

10Y*

N/A

SHY

YTD

2.13%

1M

-0.05%

6M

2.38%

1Y

5.55%

3Y*

2.88%

5Y*

1.09%

10Y*

1.41%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Fidelity Sustainable High Yield ETF

iShares 1-3 Year Treasury Bond ETF

FSYD vs. SHY - Expense Ratio Comparison

FSYD has a 0.55% expense ratio, which is higher than SHY's 0.15% expense ratio.

FSYD
Fidelity Sustainable High Yield ETF
SHY
iShares 1-3 Year Treasury Bond ETF
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FSYD vs. SHY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FSYD
The Risk-Adjusted Performance Rank of FSYD is 9090
Overall Rank
The Sharpe Ratio Rank of FSYD is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of FSYD is 9090
Sortino Ratio Rank
The Omega Ratio Rank of FSYD is 9191
Omega Ratio Rank
The Calmar Ratio Rank of FSYD is 8989
Calmar Ratio Rank
The Martin Ratio Rank of FSYD is 9090
Martin Ratio Rank
SHY
The Risk-Adjusted Performance Rank of SHY is 9898
Overall Rank
The Sharpe Ratio Rank of SHY is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of SHY is 9898
Sortino Ratio Rank
The Omega Ratio Rank of SHY is 9898
Omega Ratio Rank
The Calmar Ratio Rank of SHY is 9898
Calmar Ratio Rank
The Martin Ratio Rank of SHY 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.

FSYD vs. SHY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable High Yield ETF (FSYD) and iShares 1-3 Year Treasury Bond ETF (SHY). 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 current FSYD Sharpe Ratio is 1.51, which is lower than the SHY Sharpe Ratio of 3.45. The chart below compares the historical Sharpe Ratios of FSYD and SHY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading data...

Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

FSYD vs. SHY - Dividend Comparison

FSYD's dividend yield for the trailing twelve months is around 6.71%, more than SHY's 3.95% yield.

TTM20242023202220212020201920182017201620152014
FSYD
Fidelity Sustainable High Yield ETF		6.71%6.47%6.70%5.29%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SHY
iShares 1-3 Year Treasury Bond ETF		3.95%3.92%2.99%1.30%0.24%0.94%2.12%1.72%0.98%0.71%0.54%0.36%

Drawdowns

FSYD vs. SHY - Drawdown Comparison

The maximum FSYD drawdown since its inception was -12.11%, which is greater than SHY's maximum drawdown of -5.73%. Use the drawdown chart below to compare losses from any high point for FSYD and SHY.

Loading data...

Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FSYD vs. SHY - Volatility Comparison

Fidelity Sustainable High Yield ETF (FSYD) has a higher volatility of 1.83% compared to iShares 1-3 Year Treasury Bond ETF (SHY) at 0.52%. This indicates that FSYD's price experiences larger fluctuations and is considered to be riskier than SHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading data...