FUEMX vs. ITOT
Compare and contrast key facts about Fidelity Flex Conservative Income Municipal Bond Fund (FUEMX) and iShares Core S&P Total U.S. Stock Market ETF (ITOT).
FUEMX is managed by Fidelity. It was launched on Oct 12, 2017. ITOT is a passively managed fund by iShares that tracks the performance of the S&P Composite 1500 Index. It was launched on Jan 20, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FUEMX or ITOT.
Correlation
The correlation between FUEMX and ITOT is 0.01, 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
FUEMX vs. ITOT - Performance Comparison
Key characteristics
FUEMX:
2.98
ITOT:
0.27
FUEMX:
6.84
ITOT:
0.51
FUEMX:
2.65
ITOT:
1.07
FUEMX:
7.37
ITOT:
0.27
FUEMX:
36.63
ITOT:
1.18
FUEMX:
0.10%
ITOT:
4.43%
FUEMX:
1.22%
ITOT:
19.33%
FUEMX:
-1.99%
ITOT:
-55.20%
FUEMX:
-0.30%
ITOT:
-14.46%
Returns By Period
In the year-to-date period, FUEMX achieves a 0.67% return, which is significantly higher than ITOT's -10.48% return.
FUEMX
0.67%
0.08%
1.36%
3.67%
2.11%
N/A
ITOT
-10.48%
-7.13%
-9.84%
6.08%
14.25%
11.01%
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FUEMX vs. ITOT - Expense Ratio Comparison
FUEMX has a 0.00% expense ratio, which is lower than ITOT's 0.03% 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
FUEMX vs. ITOT — Risk-Adjusted Performance Rank
FUEMX
ITOT
FUEMX vs. ITOT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Conservative Income Municipal Bond Fund (FUEMX) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). 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
FUEMX vs. ITOT - Dividend Comparison
FUEMX's dividend yield for the trailing twelve months is around 3.41%, more than ITOT's 1.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FUEMX Fidelity Flex Conservative Income Municipal Bond Fund | 3.41% | 3.47% | 3.16% | 1.19% | 0.55% | 1.27% | 1.96% | 1.75% | 0.22% | 0.00% | 0.00% | 0.00% |
ITOT iShares Core S&P Total U.S. Stock Market ETF | 1.42% | 1.23% | 1.47% | 1.66% | 1.18% | 1.41% | 1.88% | 2.14% | 1.69% | 1.83% | 2.01% | 2.20% |
Drawdowns
FUEMX vs. ITOT - Drawdown Comparison
The maximum FUEMX drawdown since its inception was -1.99%, smaller than the maximum ITOT drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for FUEMX and ITOT. For additional features, visit the drawdowns tool.
Volatility
FUEMX vs. ITOT - Volatility Comparison
The current volatility for Fidelity Flex Conservative Income Municipal Bond Fund (FUEMX) is 0.50%, while iShares Core S&P Total U.S. Stock Market ETF (ITOT) has a volatility of 13.74%. This indicates that FUEMX experiences smaller price fluctuations and is considered to be less risky than ITOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.