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FUMBX vs. BSV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FUMBX and BSV is 0.85, 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.


-0.50.00.51.00.8

Performance

FUMBX vs. BSV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Short-Term Treasury Bond Index Fund (FUMBX) and Vanguard Short-Term Bond ETF (BSV). The values are adjusted to include any dividend payments, if applicable.

6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
8.31%
12.62%
FUMBX
BSV

Key characteristics

Sharpe Ratio

FUMBX:

0.69

BSV:

1.61

Sortino Ratio

FUMBX:

0.95

BSV:

2.36

Omega Ratio

FUMBX:

1.14

BSV:

1.30

Calmar Ratio

FUMBX:

0.45

BSV:

1.36

Martin Ratio

FUMBX:

2.35

BSV:

5.71

Ulcer Index

FUMBX:

0.83%

BSV:

0.68%

Daily Std Dev

FUMBX:

2.81%

BSV:

2.40%

Max Drawdown

FUMBX:

-9.07%

BSV:

-8.54%

Current Drawdown

FUMBX:

-2.35%

BSV:

-1.10%

Returns By Period

In the year-to-date period, FUMBX achieves a 1.95% return, which is significantly lower than BSV's 3.53% return.


FUMBX

YTD

1.95%

1M

-0.88%

6M

1.15%

1Y

2.16%

5Y*

0.60%

10Y*

N/A

BSV

YTD

3.53%

1M

0.25%

6M

2.54%

1Y

3.79%

5Y*

1.28%

10Y*

1.62%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FUMBX vs. BSV - Expense Ratio Comparison

FUMBX has a 0.03% expense ratio, which is lower than BSV's 0.04% 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%.


BSV
Vanguard Short-Term Bond ETF
Expense ratio chart for BSV: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%
Expense ratio chart for FUMBX: 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%

Risk-Adjusted Performance

FUMBX vs. BSV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Short-Term Treasury Bond Index Fund (FUMBX) and Vanguard Short-Term Bond ETF (BSV). 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 FUMBX, currently valued at 0.69, compared to the broader market-1.000.001.002.003.004.000.691.48
The chart of Sortino ratio for FUMBX, currently valued at 0.95, compared to the broader market-2.000.002.004.006.008.0010.000.952.16
The chart of Omega ratio for FUMBX, currently valued at 1.14, compared to the broader market0.501.001.502.002.503.003.501.141.27
The chart of Calmar ratio for FUMBX, currently valued at 0.45, compared to the broader market0.002.004.006.008.0010.0012.0014.000.451.24
The chart of Martin ratio for FUMBX, currently valued at 2.35, compared to the broader market0.0020.0040.0060.002.355.20
FUMBX
BSV

The current FUMBX Sharpe Ratio is 0.69, which is lower than the BSV Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of FUMBX and BSV, 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 Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.69
1.48
FUMBX
BSV

Dividends

FUMBX vs. BSV - Dividend Comparison

FUMBX's dividend yield for the trailing twelve months is around 1.74%, less than BSV's 3.32% yield.


TTM20232022202120202019201820172016201520142013
FUMBX
Fidelity Short-Term Treasury Bond Index Fund
1.74%1.65%1.12%0.83%1.31%1.88%1.64%0.35%0.00%0.00%0.00%0.00%
BSV
Vanguard Short-Term Bond ETF
3.07%2.46%1.50%1.45%1.79%2.29%1.99%1.65%1.49%1.40%1.45%1.48%

Drawdowns

FUMBX vs. BSV - Drawdown Comparison

The maximum FUMBX drawdown since its inception was -9.07%, which is greater than BSV's maximum drawdown of -8.54%. Use the drawdown chart below to compare losses from any high point for FUMBX and BSV. For additional features, visit the drawdowns tool.


-3.00%-2.50%-2.00%-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.35%
-1.10%
FUMBX
BSV

Volatility

FUMBX vs. BSV - Volatility Comparison

Fidelity Short-Term Treasury Bond Index Fund (FUMBX) has a higher volatility of 1.33% compared to Vanguard Short-Term Bond ETF (BSV) at 0.56%. This indicates that FUMBX's price experiences larger fluctuations and is considered to be riskier than BSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.60%0.80%1.00%1.20%1.40%JulyAugustSeptemberOctoberNovemberDecember
1.33%
0.56%
FUMBX
BSV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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