FTHRX vs. WEFIX
Compare and contrast key facts about Fidelity Intermediate Bond Fund (FTHRX) and Weitz Short Duration Income Fund (WEFIX).
FTHRX is managed by Fidelity. It was launched on May 23, 1975. WEFIX is managed by Weitz. It was launched on Dec 23, 1988.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTHRX or WEFIX.
Performance
FTHRX vs. WEFIX - Performance Comparison
Returns By Period
In the year-to-date period, FTHRX achieves a 3.10% return, which is significantly lower than WEFIX's 5.17% return. Over the past 10 years, FTHRX has underperformed WEFIX with an annualized return of 1.60%, while WEFIX has yielded a comparatively higher 2.19% annualized return.
FTHRX
3.10%
-1.07%
2.91%
6.23%
0.52%
1.60%
WEFIX
5.17%
-0.10%
3.21%
6.74%
2.48%
2.19%
Key characteristics
| FTHRX | WEFIX | |
|---|---|---|
| Sharpe Ratio | 1.61 | 3.43 |
| Sortino Ratio | 2.50 | 7.47 |
| Omega Ratio | 1.31 | 1.99 |
| Calmar Ratio | 0.64 | 9.16 |
| Martin Ratio | 6.10 | 27.62 |
| Ulcer Index | 0.98% | 0.25% |
| Daily Std Dev | 3.73% | 1.99% |
| Max Drawdown | -13.96% | -5.98% |
| Current Drawdown | -3.79% | -0.52% |
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FTHRX vs. WEFIX - Expense Ratio Comparison
FTHRX has a 0.45% expense ratio, which is lower than WEFIX's 0.48% expense ratio.
Correlation
The correlation between FTHRX and WEFIX is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
FTHRX vs. WEFIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Intermediate Bond Fund (FTHRX) and Weitz Short Duration Income Fund (WEFIX). 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
FTHRX vs. WEFIX - Dividend Comparison
FTHRX's dividend yield for the trailing twelve months is around 3.52%, less than WEFIX's 4.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTHRX Fidelity Intermediate Bond Fund | 3.52% | 2.94% | 2.04% | 1.60% | 2.19% | 2.50% | 2.47% | 2.20% | 2.21% | 2.58% | 2.35% | 2.21% |
WEFIX Weitz Short Duration Income Fund | 4.72% | 3.75% | 2.47% | 1.70% | 2.38% | 2.49% | 2.41% | 2.11% | 2.13% | 2.05% | 1.95% | 1.91% |
Drawdowns
FTHRX vs. WEFIX - Drawdown Comparison
The maximum FTHRX drawdown since its inception was -13.96%, which is greater than WEFIX's maximum drawdown of -5.98%. Use the drawdown chart below to compare losses from any high point for FTHRX and WEFIX. For additional features, visit the drawdowns tool.
Volatility
FTHRX vs. WEFIX - Volatility Comparison
Fidelity Intermediate Bond Fund (FTHRX) has a higher volatility of 0.97% compared to Weitz Short Duration Income Fund (WEFIX) at 0.56%. This indicates that FTHRX's price experiences larger fluctuations and is considered to be riskier than WEFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.