PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FUEMX vs. ITOT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FUEMX vs. ITOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Flex Conservative Income Municipal Bond Fund (FUEMX) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
2.19%
14.07%
FUEMX
ITOT

Returns By Period

In the year-to-date period, FUEMX achieves a 3.37% return, which is significantly lower than ITOT's 26.27% return.


FUEMX

YTD

3.37%

1M

0.40%

6M

2.19%

1Y

4.09%

5Y (annualized)

1.92%

10Y (annualized)

N/A

ITOT

YTD

26.27%

1M

4.08%

6M

14.07%

1Y

33.69%

5Y (annualized)

15.18%

10Y (annualized)

12.82%

Key characteristics


FUEMXITOT
Sharpe Ratio3.362.68
Sortino Ratio9.523.57
Omega Ratio3.311.49
Calmar Ratio13.343.97
Martin Ratio50.6717.14
Ulcer Index0.08%1.97%
Daily Std Dev1.18%12.56%
Max Drawdown-1.99%-55.21%
Current Drawdown-0.00%-0.37%

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%.


ITOT
iShares Core S&P Total U.S. Stock Market ETF
Expense ratio chart for ITOT: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%
Expense ratio chart for FUEMX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Correlation

-0.50.00.51.00.0

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.

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for FUEMX, currently valued at 3.36, compared to the broader market-1.000.001.002.003.004.005.003.362.68
The chart of Sortino ratio for FUEMX, currently valued at 9.52, compared to the broader market0.005.0010.009.523.57
The chart of Omega ratio for FUEMX, currently valued at 3.31, compared to the broader market1.002.003.004.003.311.50
The chart of Calmar ratio for FUEMX, currently valued at 13.34, compared to the broader market0.005.0010.0015.0020.0013.343.97
The chart of Martin ratio for FUEMX, currently valued at 50.67, compared to the broader market0.0020.0040.0060.0080.00100.0050.6717.14
FUEMX
ITOT

The current FUEMX Sharpe Ratio is 3.36, which is comparable to the ITOT Sharpe Ratio of 2.68. The chart below compares the historical Sharpe Ratios of FUEMX and ITOT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
3.36
2.68
FUEMX
ITOT

Dividends

FUEMX vs. ITOT - Dividend Comparison

FUEMX's dividend yield for the trailing twelve months is around 3.49%, more than ITOT's 1.20% yield.


TTM20232022202120202019201820172016201520142013
FUEMX
Fidelity Flex Conservative Income Municipal Bond Fund
3.49%3.16%1.21%0.55%1.28%1.93%2.29%0.22%0.00%0.00%0.00%0.00%
ITOT
iShares Core S&P Total U.S. Stock Market ETF
1.20%1.47%1.66%1.18%1.41%1.88%2.14%1.69%1.83%2.01%2.20%2.06%

Drawdowns

FUEMX vs. ITOT - Drawdown Comparison

The maximum FUEMX drawdown since its inception was -1.99%, smaller than the maximum ITOT drawdown of -55.21%. Use the drawdown chart below to compare losses from any high point for FUEMX and ITOT. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.00%
-0.37%
FUEMX
ITOT

Volatility

FUEMX vs. ITOT - Volatility Comparison

The current volatility for Fidelity Flex Conservative Income Municipal Bond Fund (FUEMX) is 0.37%, while iShares Core S&P Total U.S. Stock Market ETF (ITOT) has a volatility of 4.18%. 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.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.37%
4.18%
FUEMX
ITOT