FULBX vs. VOO
Compare and contrast key facts about Federated Hermes Ultra Short Bond Fund (FULBX) and Vanguard S&P 500 ETF (VOO).
FULBX is managed by Federated. It was launched on May 30, 1997. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FULBX or VOO.
Correlation
The correlation between FULBX and VOO 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
FULBX vs. VOO - Performance Comparison
Key characteristics
FULBX:
3.08
VOO:
0.56
FULBX:
7.81
VOO:
0.92
FULBX:
2.27
VOO:
1.13
FULBX:
9.89
VOO:
0.58
FULBX:
33.81
VOO:
2.25
FULBX:
0.16%
VOO:
4.83%
FULBX:
1.72%
VOO:
19.11%
FULBX:
-5.66%
VOO:
-33.99%
FULBX:
-0.32%
VOO:
-7.55%
Returns By Period
In the year-to-date period, FULBX achieves a 1.09% return, which is significantly higher than VOO's -3.28% return. Over the past 10 years, FULBX has underperformed VOO with an annualized return of 2.12%, while VOO has yielded a comparatively higher 12.40% annualized return.
FULBX
1.09%
-0.11%
1.94%
5.32%
3.04%
2.12%
VOO
-3.28%
13.71%
-4.52%
10.70%
15.89%
12.40%
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FULBX vs. VOO - Expense Ratio Comparison
FULBX has a 0.47% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FULBX vs. VOO — Risk-Adjusted Performance Rank
FULBX
VOO
FULBX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Ultra Short Bond Fund (FULBX) and Vanguard S&P 500 ETF (VOO). 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
FULBX vs. VOO - Dividend Comparison
FULBX's dividend yield for the trailing twelve months is around 4.53%, more than VOO's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FULBX Federated Hermes Ultra Short Bond Fund | 4.53% | 4.75% | 3.29% | 1.34% | 0.89% | 1.49% | 2.14% | 1.90% | 1.25% | 0.86% | 0.68% | 0.66% |
VOO Vanguard S&P 500 ETF | 1.34% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FULBX vs. VOO - Drawdown Comparison
The maximum FULBX drawdown since its inception was -5.66%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FULBX and VOO. For additional features, visit the drawdowns tool.
Volatility
FULBX vs. VOO - Volatility Comparison
The current volatility for Federated Hermes Ultra Short Bond Fund (FULBX) is 0.29%, while Vanguard S&P 500 ETF (VOO) has a volatility of 11.03%. This indicates that FULBX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.