FTLTX vs. VGLT
Compare and contrast key facts about Fidelity Series Long-Term Treasury Bond Index Fund (FTLTX) and Vanguard Long-Term Treasury ETF (VGLT).
FTLTX is managed by Fidelity. It was launched on Jul 7, 2016. VGLT is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. Long Government Float Adjusted Index. It was launched on Nov 19, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTLTX or VGLT.
Correlation
The correlation between FTLTX and VGLT is 0.99, 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.
Performance
FTLTX vs. VGLT - Performance Comparison
Key characteristics
FTLTX:
-0.44
VGLT:
-0.44
FTLTX:
-0.53
VGLT:
-0.53
FTLTX:
0.94
VGLT:
0.94
FTLTX:
-0.12
VGLT:
-0.14
FTLTX:
-0.97
VGLT:
-0.96
FTLTX:
5.92%
VGLT:
6.00%
FTLTX:
13.04%
VGLT:
12.96%
FTLTX:
-51.27%
VGLT:
-46.18%
FTLTX:
-45.28%
VGLT:
-39.15%
Returns By Period
In the year-to-date period, FTLTX achieves a -5.90% return, which is significantly lower than VGLT's -5.27% return.
FTLTX
-5.90%
-2.38%
-3.41%
-6.54%
-7.27%
N/A
VGLT
-5.27%
-1.44%
-2.59%
-5.73%
-5.16%
-0.54%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FTLTX vs. VGLT - Expense Ratio Comparison
FTLTX has a 0.00% expense ratio, which is lower than VGLT's 0.04% expense ratio. Despite the difference, 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
FTLTX vs. VGLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Long-Term Treasury Bond Index Fund (FTLTX) and Vanguard Long-Term Treasury ETF (VGLT). 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
FTLTX vs. VGLT - Dividend Comparison
FTLTX's dividend yield for the trailing twelve months is around 3.36%, less than VGLT's 4.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTLTX Fidelity Series Long-Term Treasury Bond Index Fund | 3.36% | 3.17% | 2.94% | 2.00% | 2.26% | 2.79% | 2.89% | 2.44% | 1.05% | 0.00% | 0.00% | 0.00% |
VGLT Vanguard Long-Term Treasury ETF | 4.24% | 3.33% | 2.83% | 1.82% | 2.15% | 2.46% | 2.71% | 2.55% | 2.69% | 3.21% | 2.75% | 3.19% |
Drawdowns
FTLTX vs. VGLT - Drawdown Comparison
The maximum FTLTX drawdown since its inception was -51.27%, which is greater than VGLT's maximum drawdown of -46.18%. Use the drawdown chart below to compare losses from any high point for FTLTX and VGLT. For additional features, visit the drawdowns tool.
Volatility
FTLTX vs. VGLT - Volatility Comparison
Fidelity Series Long-Term Treasury Bond Index Fund (FTLTX) and Vanguard Long-Term Treasury ETF (VGLT) have volatilities of 3.89% and 3.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.