FUAMX vs. IEI
Compare and contrast key facts about Fidelity Intermediate Treasury Bond Index Fund (FUAMX) and iShares 3-7 Year Treasury Bond ETF (IEI).
FUAMX is managed by Fidelity. IEI is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index. It was launched on Jan 11, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FUAMX or IEI.
Key characteristics
| FUAMX | IEI | |
|---|---|---|
| YTD Return | 2.82% | 3.06% |
| 1Y Return | 11.00% | 8.95% |
| 3Y Return (Ann) | -2.09% | -0.94% |
| 5Y Return (Ann) | -0.40% | 0.25% |
| Sharpe Ratio | 1.54 | 1.93 |
| Sortino Ratio | 2.29 | 2.91 |
| Omega Ratio | 1.28 | 1.36 |
| Calmar Ratio | 0.51 | 0.67 |
| Martin Ratio | 5.23 | 7.32 |
| Ulcer Index | 1.90% | 1.21% |
| Daily Std Dev | 6.42% | 4.61% |
| Max Drawdown | -19.71% | -14.60% |
| Current Drawdown | -10.88% | -5.55% |
Correlation
The correlation between FUAMX and IEI is 0.97, 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
FUAMX vs. IEI - Performance Comparison
In the year-to-date period, FUAMX achieves a 2.82% return, which is significantly lower than IEI's 3.06% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FUAMX vs. IEI - Expense Ratio Comparison
FUAMX has a 0.03% expense ratio, which is lower than IEI's 0.15% 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
FUAMX vs. IEI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Intermediate Treasury Bond Index Fund (FUAMX) and iShares 3-7 Year Treasury Bond ETF (IEI). 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
FUAMX vs. IEI - Dividend Comparison
FUAMX's dividend yield for the trailing twelve months is around 2.73%, less than IEI's 3.01% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FUAMX Fidelity Intermediate Treasury Bond Index Fund | 2.73% | 2.19% | 1.64% | 1.95% | 3.13% | 2.17% | 2.23% | 0.49% | 0.00% | 0.00% | 0.00% | 0.00% |
IEI iShares 3-7 Year Treasury Bond ETF | 3.01% | 2.36% | 1.37% | 0.73% | 1.12% | 2.01% | 1.95% | 1.51% | 1.33% | 1.39% | 1.23% | 0.77% |
Drawdowns
FUAMX vs. IEI - Drawdown Comparison
The maximum FUAMX drawdown since its inception was -19.71%, which is greater than IEI's maximum drawdown of -14.60%. Use the drawdown chart below to compare losses from any high point for FUAMX and IEI. For additional features, visit the drawdowns tool.
Volatility
FUAMX vs. IEI - Volatility Comparison
Fidelity Intermediate Treasury Bond Index Fund (FUAMX) has a higher volatility of 1.44% compared to iShares 3-7 Year Treasury Bond ETF (IEI) at 1.11%. This indicates that FUAMX's price experiences larger fluctuations and is considered to be riskier than IEI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.