FTABX vs. VTEB
Compare and contrast key facts about Fidelity Tax-Free Bond Fund (FTABX) and Vanguard Tax-Exempt Bond ETF (VTEB).
FTABX is managed by Fidelity. It was launched on Apr 10, 2001. VTEB is a passively managed fund by Vanguard that tracks the performance of the S&P National AMT-Free Municipal Bond Index. It was launched on Aug 21, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTABX or VTEB.
Correlation
The correlation between FTABX and VTEB is 0.00, 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
FTABX vs. VTEB - Performance Comparison
Key characteristics
FTABX:
0.15
VTEB:
0.16
FTABX:
0.23
VTEB:
0.23
FTABX:
1.04
VTEB:
1.03
FTABX:
0.13
VTEB:
0.16
FTABX:
0.53
VTEB:
0.53
FTABX:
1.52%
VTEB:
1.39%
FTABX:
5.37%
VTEB:
4.72%
FTABX:
-15.78%
VTEB:
-17.00%
FTABX:
-4.77%
VTEB:
-3.49%
Returns By Period
In the year-to-date period, FTABX achieves a -2.45% return, which is significantly lower than VTEB's -1.92% return.
FTABX
-2.45%
-2.22%
-1.71%
0.52%
1.36%
1.98%
VTEB
-1.92%
-1.39%
-1.44%
0.86%
0.91%
N/A
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FTABX vs. VTEB - Expense Ratio Comparison
FTABX has a 0.25% expense ratio, which is higher than VTEB's 0.05% 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
FTABX vs. VTEB — Risk-Adjusted Performance Rank
FTABX
VTEB
FTABX vs. VTEB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Tax-Free Bond Fund (FTABX) and Vanguard Tax-Exempt Bond ETF (VTEB). 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
FTABX vs. VTEB - Dividend Comparison
FTABX's dividend yield for the trailing twelve months is around 3.14%, less than VTEB's 3.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTABX Fidelity Tax-Free Bond Fund | 3.14% | 3.02% | 2.90% | 2.85% | 2.40% | 2.60% | 2.84% | 3.02% | 3.07% | 3.37% | 3.58% | 3.62% |
VTEB Vanguard Tax-Exempt Bond ETF | 3.26% | 3.14% | 2.79% | 2.09% | 1.65% | 1.99% | 2.30% | 2.25% | 1.96% | 1.66% | 0.58% | 0.00% |
Drawdowns
FTABX vs. VTEB - Drawdown Comparison
The maximum FTABX drawdown since its inception was -15.78%, smaller than the maximum VTEB drawdown of -17.00%. Use the drawdown chart below to compare losses from any high point for FTABX and VTEB. For additional features, visit the drawdowns tool.
Volatility
FTABX vs. VTEB - Volatility Comparison
Fidelity Tax-Free Bond Fund (FTABX) has a higher volatility of 4.10% compared to Vanguard Tax-Exempt Bond ETF (VTEB) at 3.08%. This indicates that FTABX's price experiences larger fluctuations and is considered to be riskier than VTEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.