FTHRX vs. CLF.TO
FTHRX (Fidelity Intermediate Bond Fund) and CLF.TO (iShares 1-5 Year Laddered Government Bond Index ETF) are both funds - FTHRX is a Total Bond Market fund managed by Fidelity, while CLF.TO is a Canadian Government Bonds fund tracking the Morningstar Can 1-5Y Core Bd GR CAD. Over the past 10 years, FTHRX returned 2.00%/yr vs 0.65%/yr for CLF.TO. At a 0.15 correlation, their price movements are largely independent. FTHRX charges 0.45%/yr vs 0.17%/yr for CLF.TO.
Performance
FTHRX vs. CLF.TO - Performance Comparison
Loading charts...
Different Trading Currencies
FTHRX is traded in USD, while CLF.TO is traded in CAD. To make them comparable, the CLF.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, FTHRX achieves a -0.24% return, which is significantly higher than CLF.TO's -1.09% return. Over the past 10 years, FTHRX has outperformed CLF.TO with an annualized return of 2.00%, while CLF.TO has yielded a comparatively lower 0.65% annualized return.
FTHRX
- 1D
- -0.39%
- 1M
- -0.46%
- YTD
- -0.24%
- 6M
- 0.21%
- 1Y
- 3.93%
- 3Y*
- 4.40%
- 5Y*
- 0.96%
- 10Y*
- 2.00%
CLF.TO
- 1D
- -0.33%
- 1M
- -1.91%
- YTD
- -1.09%
- 6M
- 0.22%
- 1Y
- 0.58%
- 3Y*
- 2.76%
- 5Y*
- -1.13%
- 10Y*
- 0.65%
FTHRX vs. CLF.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTHRX Fidelity Intermediate Bond Fund | -0.24% | 6.89% | 3.25% | 5.55% | -9.17% | -1.60% | 7.06% | 7.20% | 0.52% | 2.31% |
CLF.TO iShares 1-5 Year Laddered Government Bond Index ETF | -1.09% | 8.31% | -3.36% | 7.12% | -9.71% | -1.22% | 7.37% | 6.88% | -6.20% | 6.74% |
Correlation
The correlation between FTHRX and CLF.TO is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2008 | 0.15 |
The correlation between FTHRX and CLF.TO shifts across timeframes, from 0.15 (all time) to 0.34 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FTHRX vs. CLF.TO — Risk / Return Rank
FTHRX
CLF.TO
FTHRX vs. CLF.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Intermediate Bond Fund (FTHRX) and iShares 1-5 Year Laddered Government Bond Index ETF (CLF.TO). 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.
| FTHRX | CLF.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.14 | ||
| Sortino ratioReturn per unit of downside risk | +1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.02 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 0.17 | +1.51 |
| Martin ratioReturn relative to average drawdown | 4.94 | 0.41 | +4.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| FTHRX | CLF.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 0.12 | +1.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | -0.16 | +0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.09 | +0.50 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.91 | 0.06 | +0.86 |
Drawdowns
FTHRX vs. CLF.TO - Drawdown Comparison
The maximum FTHRX drawdown since its inception was -19.01%, smaller than the maximum CLF.TO drawdown of -27.88%. Use the drawdown chart below to compare losses from any high point for FTHRX and CLF.TO.
Loading charts...
Drawdown Indicators
| FTHRX | CLF.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.01% | -27.88% | +8.87% |
Max Drawdown (1Y)Largest decline over 1 year | -2.11% | -3.33% | +1.22% |
Max Drawdown (3Y)Largest decline over 3 years | -2.68% | -7.33% | +4.65% |
Max Drawdown (5Y)Largest decline over 5 years | -13.18% | -17.86% | +4.68% |
Max Drawdown (10Y)Largest decline over 10 years | -13.25% | -18.06% | +4.81% |
Current DrawdownCurrent decline from peak | -1.48% | -11.63% | +10.15% |
Average DrawdownAverage peak-to-trough decline | -3.07% | -12.27% | +9.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.72% | 1.40% | -0.68% |
Volatility
FTHRX vs. CLF.TO - Volatility Comparison
The current volatility for Fidelity Intermediate Bond Fund (FTHRX) is 0.92%, while iShares 1-5 Year Laddered Government Bond Index ETF (CLF.TO) has a volatility of 1.08%. This indicates that FTHRX experiences smaller price fluctuations and is considered to be less risky than CLF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FTHRX | CLF.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.92% | 1.08% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 2.04% | 3.81% | -1.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.81% | 4.78% | -1.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.03% | 7.02% | -2.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.40% | 7.41% | -4.01% |
FTHRX vs. CLF.TO - Expense Ratio Comparison
FTHRX has a 0.45% expense ratio, which is higher than CLF.TO's 0.17% expense ratio.
Dividends
FTHRX vs. CLF.TO - Dividend Comparison
FTHRX's dividend yield for the trailing twelve months is around 3.71%, more than CLF.TO's 2.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLF.TO iShares 1-5 Year Laddered Government Bond Index ETF | 2.25% | 2.22% | 2.22% | 2.23% | 2.10% | 1.98% | 2.15% | 2.46% | 2.67% | 2.91% | 3.12% | 3.29% |
FTHRX Fidelity Intermediate Bond Fund | 3.71% | 3.59% | 3.49% | 2.94% | 1.55% | 1.53% | 4.16% | 2.49% | 2.48% | 2.20% | 2.63% | 2.13% |
Frequently Asked Questions
FTHRX and CLF.TO have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for FTHRX and CLF.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer