FUMBX vs. FBND
Compare and contrast key facts about Fidelity Short-Term Treasury Bond Index Fund (FUMBX) and Fidelity Total Bond ETF (FBND).
FUMBX is a passively managed fund by Fidelity that tracks the performance of the Bloomberg Barclays 1-5 Year U.S. Treasury Index. It was launched on Dec 20, 2005. FBND is an actively managed fund by Fidelity. It was launched on Oct 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FUMBX or FBND.
Performance
FUMBX vs. FBND - Performance Comparison
Returns By Period
In the year-to-date period, FUMBX achieves a 2.76% return, which is significantly higher than FBND's 2.42% return.
FUMBX
2.76%
-0.50%
3.02%
4.85%
0.75%
N/A
FBND
2.42%
-0.65%
3.61%
7.29%
0.95%
2.22%
Key characteristics
| FUMBX | FBND | |
|---|---|---|
| Sharpe Ratio | 1.64 | 1.27 |
| Sortino Ratio | 2.52 | 1.85 |
| Omega Ratio | 1.34 | 1.23 |
| Calmar Ratio | 0.91 | 0.61 |
| Martin Ratio | 6.04 | 4.69 |
| Ulcer Index | 0.73% | 1.56% |
| Daily Std Dev | 2.70% | 5.76% |
| Max Drawdown | -9.07% | -17.25% |
| Current Drawdown | -1.57% | -5.26% |
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FUMBX vs. FBND - Expense Ratio Comparison
FUMBX has a 0.03% expense ratio, which is lower than FBND's 0.36% expense ratio.
Correlation
The correlation between FUMBX and FBND is 0.72, 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.
Risk-Adjusted Performance
FUMBX vs. FBND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Short-Term Treasury Bond Index Fund (FUMBX) and Fidelity Total Bond ETF (FBND). 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
FUMBX vs. FBND - Dividend Comparison
FUMBX's dividend yield for the trailing twelve months is around 2.04%, less than FBND's 4.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FUMBX Fidelity Short-Term Treasury Bond Index Fund | 2.04% | 1.65% | 1.12% | 0.83% | 1.31% | 1.88% | 1.64% | 0.35% | 0.00% | 0.00% | 0.00% |
FBND Fidelity Total Bond ETF | 4.60% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% | 0.66% |
Drawdowns
FUMBX vs. FBND - Drawdown Comparison
The maximum FUMBX drawdown since its inception was -9.07%, smaller than the maximum FBND drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for FUMBX and FBND. For additional features, visit the drawdowns tool.
Volatility
FUMBX vs. FBND - Volatility Comparison
The current volatility for Fidelity Short-Term Treasury Bond Index Fund (FUMBX) is 0.55%, while Fidelity Total Bond ETF (FBND) has a volatility of 1.39%. This indicates that FUMBX experiences smaller price fluctuations and is considered to be less risky than FBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.