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.
Performance
FUEMX vs. ITOT - Performance Comparison
Loading graphics...
FUEMX vs. ITOT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FUEMX Fidelity Flex Conservative Income Municipal Bond Fund | 0.44% | 3.43% | 3.56% | 3.55% | 0.05% | 0.34% | 1.08% | 2.50% | 1.77% | 0.02% |
ITOT iShares Core S&P Total U.S. Stock Market ETF | -3.31% | 17.00% | 23.80% | 26.12% | -19.47% | 25.68% | 20.71% | 30.67% | -5.33% | 4.28% |
Returns By Period
In the year-to-date period, FUEMX achieves a 0.44% return, which is significantly higher than ITOT's -3.31% return.
FUEMX
- 1D
- 0.00%
- 1M
- -0.20%
- YTD
- 0.44%
- 6M
- 1.16%
- 1Y
- 2.88%
- 3Y*
- 3.33%
- 5Y*
- 2.25%
- 10Y*
- —
ITOT
- 1D
- 0.72%
- 1M
- -4.34%
- YTD
- -3.31%
- 6M
- -1.32%
- 1Y
- 18.51%
- 3Y*
- 18.11%
- 5Y*
- 10.62%
- 10Y*
- 13.65%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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%.
Return for Risk
FUEMX vs. ITOT — Risk / Return Rank
FUEMX
ITOT
FUEMX vs. ITOT - Risk-Adjusted Trends 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.
| FUEMX | ITOT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.71 | 1.00 | +1.71 |
Sortino ratioReturn per unit of downside risk | 6.06 | 1.52 | +4.54 |
Omega ratioGain probability vs. loss probability | 2.48 | 1.23 | +1.25 |
Calmar ratioReturn relative to maximum drawdown | 6.57 | 1.53 | +5.03 |
Martin ratioReturn relative to average drawdown | 28.50 | 7.25 | +21.26 |
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 graphics...
Sharpe Ratios by Period
| FUEMX | ITOT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.71 | 1.00 | +1.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.93 | 0.61 | +1.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.75 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.87 | 0.54 | +1.34 |
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.
Dividends
FUEMX vs. ITOT - Dividend Comparison
FUEMX's dividend yield for the trailing twelve months is around 2.84%, more than ITOT's 1.12% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FUEMX Fidelity Flex Conservative Income Municipal Bond Fund | 2.84% | 3.17% | 3.49% | 2.87% | 0.75% | 0.44% | 0.97% | 1.97% | 1.75% | 0.28% | 0.00% | 0.00% |
ITOT iShares Core S&P Total U.S. Stock Market ETF | 1.12% | 1.11% | 1.23% | 1.47% | 1.66% | 1.18% | 1.41% | 1.88% | 2.14% | 1.69% | 1.83% | 2.01% |
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.
Loading graphics...
Drawdown Indicators
| FUEMX | ITOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.99% | -55.20% | +53.21% |
Max Drawdown (1Y)Largest decline over 1 year | -0.50% | -12.34% | +11.84% |
Max Drawdown (5Y)Largest decline over 5 years | -1.20% | -25.36% | +24.16% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.00% | — |
Current DrawdownCurrent decline from peak | -0.30% | -5.51% | +5.21% |
Average DrawdownAverage peak-to-trough decline | -0.11% | -7.02% | +6.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.11% | 2.61% | -2.50% |
Volatility
FUEMX vs. ITOT - Volatility Comparison
The current volatility for Fidelity Flex Conservative Income Municipal Bond Fund (FUEMX) is 0.20%, while iShares Core S&P Total U.S. Stock Market ETF (ITOT) has a volatility of 5.49%. 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.
Loading graphics...
Volatility by Period
| FUEMX | ITOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.20% | 5.49% | -5.29% |
Volatility (6M)Calculated over the trailing 6-month period | 0.70% | 9.78% | -9.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.14% | 18.68% | -17.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.17% | 17.36% | -16.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.07% | 18.25% | -17.18% |