FSYD vs. SHY
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.
Correlation
The correlation between FSYD and SHY is 0.45, 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. SHY - Performance Comparison
Key characteristics
FSYD:
2.73
SHY:
2.87
FSYD:
4.08
SHY:
4.58
FSYD:
1.53
SHY:
1.60
FSYD:
4.55
SHY:
4.87
FSYD:
17.44
SHY:
13.14
FSYD:
0.64%
SHY:
0.36%
FSYD:
4.08%
SHY:
1.64%
FSYD:
-12.11%
SHY:
-5.71%
FSYD:
0.00%
SHY:
0.00%
Returns By Period
In the year-to-date period, FSYD achieves a 1.85% return, which is significantly higher than SHY's 0.48% return.
FSYD
1.85%
1.30%
4.27%
10.33%
N/A
N/A
SHY
0.48%
0.39%
1.50%
4.46%
1.26%
1.29%
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FSYD vs. SHY - Expense Ratio Comparison
FSYD has a 0.55% expense ratio, which is higher than SHY's 0.15% expense ratio.
Risk-Adjusted Performance
FSYD vs. SHY — Risk-Adjusted Performance Rank
FSYD
SHY
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.
Dividends
FSYD vs. SHY - Dividend Comparison
FSYD's dividend yield for the trailing twelve months is around 6.43%, more than SHY's 3.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSYD Fidelity Sustainable High Yield ETF | 6.43% | 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 | 3.94% | 3.91% | 2.99% | 1.30% | 0.26% | 0.94% | 2.12% | 1.72% | 0.98% | 0.72% | 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 -5.71%. Use the drawdown chart below to compare losses from any high point for FSYD and SHY. For additional features, visit the drawdowns tool.
Volatility
FSYD vs. SHY - Volatility Comparison
Fidelity Sustainable High Yield ETF (FSYD) has a higher volatility of 1.00% compared to iShares 1-3 Year Treasury Bond ETF (SHY) at 0.36%. 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.