FXNAX vs. VBTLX
Compare and contrast key facts about Fidelity U.S. Bond Index Fund (FXNAX) and Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX).
FXNAX is managed by Fidelity. VBTLX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FXNAX or VBTLX.
Correlation
The correlation between FXNAX and VBTLX is 0.96, 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.
Performance
FXNAX vs. VBTLX - Performance Comparison
Key characteristics
FXNAX:
1.01
VBTLX:
1.06
FXNAX:
1.52
VBTLX:
1.59
FXNAX:
1.18
VBTLX:
1.19
FXNAX:
0.37
VBTLX:
0.41
FXNAX:
2.51
VBTLX:
2.67
FXNAX:
2.12%
VBTLX:
2.07%
FXNAX:
5.22%
VBTLX:
5.23%
FXNAX:
-19.64%
VBTLX:
-18.68%
FXNAX:
-7.70%
VBTLX:
-6.58%
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with FXNAX at 2.65% and VBTLX at 2.65%. Over the past 10 years, FXNAX has underperformed VBTLX with an annualized return of 1.27%, while VBTLX has yielded a comparatively higher 1.42% annualized return.
FXNAX
2.65%
-0.29%
-0.53%
5.73%
-0.75%
1.27%
VBTLX
2.65%
-0.31%
-0.57%
5.64%
-0.49%
1.42%
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FXNAX vs. VBTLX - Expense Ratio Comparison
FXNAX has a 0.03% expense ratio, which is lower than VBTLX's 0.05% 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%.
Risk-Adjusted Performance
FXNAX vs. VBTLX — Risk-Adjusted Performance Rank
FXNAX
VBTLX
FXNAX vs. VBTLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity U.S. Bond Index Fund (FXNAX) and Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX). 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
FXNAX vs. VBTLX - Dividend Comparison
FXNAX's dividend yield for the trailing twelve months is around 3.10%, less than VBTLX's 3.37% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXNAX Fidelity U.S. Bond Index Fund | 3.10% | 3.40% | 2.92% | 2.41% | 1.81% | 2.10% | 2.69% | 2.74% | 2.52% | 2.52% | 2.69% | 2.59% |
VBTLX Vanguard Total Bond Market Index Fund Admiral Shares | 3.37% | 3.69% | 3.11% | 2.51% | 1.90% | 2.23% | 2.74% | 2.78% | 2.51% | 2.49% | 2.48% | 2.55% |
Drawdowns
FXNAX vs. VBTLX - Drawdown Comparison
The maximum FXNAX drawdown since its inception was -19.64%, which is greater than VBTLX's maximum drawdown of -18.68%. Use the drawdown chart below to compare losses from any high point for FXNAX and VBTLX. For additional features, visit the drawdowns tool.
Volatility
FXNAX vs. VBTLX - Volatility Comparison
Fidelity U.S. Bond Index Fund (FXNAX) has a higher volatility of 1.32% compared to Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) at 1.21%. This indicates that FXNAX's price experiences larger fluctuations and is considered to be riskier than VBTLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.