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FXNAX vs. VBTLX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FXNAXVBTLX
YTD Return-2.89%-3.49%
1Y Return-1.41%-1.65%
3Y Return (Ann)-3.51%-3.64%
5Y Return (Ann)-0.13%-0.17%
10Y Return (Ann)1.16%1.12%
Sharpe Ratio-0.24-0.13
Daily Std Dev6.70%6.68%
Max Drawdown-18.64%-18.68%
Current Drawdown-13.01%-13.25%

Correlation

-0.50.00.51.01.0

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

In the year-to-date period, FXNAX achieves a -2.89% return, which is significantly higher than VBTLX's -3.49% return. Both investments have delivered pretty close results over the past 10 years, with FXNAX having a 1.16% annualized return and VBTLX not far behind at 1.12%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


18.00%20.00%22.00%24.00%26.00%28.00%December2024FebruaryMarchAprilMay
23.56%
23.28%
FXNAX
VBTLX

Compare stocks, funds, or ETFs

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


Fidelity U.S. Bond Index Fund

Vanguard Total Bond Market Index Fund Admiral Shares

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%.


VBTLX
Vanguard Total Bond Market Index Fund Admiral Shares
Expense ratio chart for VBTLX: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%
Expense ratio chart for FXNAX: 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

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.


FXNAX
Sharpe ratio
The chart of Sharpe ratio for FXNAX, currently valued at -0.24, compared to the broader market-1.000.001.002.003.004.00-0.24
Sortino ratio
The chart of Sortino ratio for FXNAX, currently valued at -0.30, compared to the broader market-2.000.002.004.006.008.0010.00-0.30
Omega ratio
The chart of Omega ratio for FXNAX, currently valued at 0.97, compared to the broader market0.501.001.502.002.503.000.97
Calmar ratio
The chart of Calmar ratio for FXNAX, currently valued at -0.09, compared to the broader market0.002.004.006.008.0010.0012.00-0.09
Martin ratio
The chart of Martin ratio for FXNAX, currently valued at -0.55, compared to the broader market0.0010.0020.0030.0040.0050.0060.00-0.55
VBTLX
Sharpe ratio
The chart of Sharpe ratio for VBTLX, currently valued at -0.28, compared to the broader market-1.000.001.002.003.004.00-0.28
Sortino ratio
The chart of Sortino ratio for VBTLX, currently valued at -0.36, compared to the broader market-2.000.002.004.006.008.0010.00-0.36
Omega ratio
The chart of Omega ratio for VBTLX, currently valued at 0.96, compared to the broader market0.501.001.502.002.503.000.96
Calmar ratio
The chart of Calmar ratio for VBTLX, currently valued at -0.10, compared to the broader market0.002.004.006.008.0010.0012.00-0.10
Martin ratio
The chart of Martin ratio for VBTLX, currently valued at -0.65, compared to the broader market0.0010.0020.0030.0040.0050.0060.00-0.65

FXNAX vs. VBTLX - Sharpe Ratio Comparison

The current FXNAX Sharpe Ratio is -0.24, which is lower than the VBTLX Sharpe Ratio of -0.13. The chart below compares the 12-month rolling Sharpe Ratio of FXNAX and VBTLX.


Rolling 12-month Sharpe Ratio-0.40-0.200.000.200.400.600.80December2024FebruaryMarchAprilMay
-0.24
-0.28
FXNAX
VBTLX

Dividends

FXNAX vs. VBTLX - Dividend Comparison

FXNAX's dividend yield for the trailing twelve months is around 2.91%, less than VBTLX's 3.12% yield.


TTM20232022202120202019201820172016201520142013
FXNAX
Fidelity U.S. Bond Index Fund
2.91%2.91%2.43%2.06%3.07%2.67%2.73%2.58%2.54%2.75%2.59%2.39%
VBTLX
Vanguard Total Bond Market Index Fund Admiral Shares
3.12%3.08%2.59%2.11%2.39%2.73%2.80%2.56%2.54%2.37%2.59%2.59%

Drawdowns

FXNAX vs. VBTLX - Drawdown Comparison

The maximum FXNAX drawdown since its inception was -18.64%, roughly equal to the maximum VBTLX 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.


-16.00%-15.00%-14.00%-13.00%-12.00%-11.00%-10.00%December2024FebruaryMarchAprilMay
-13.01%
-13.25%
FXNAX
VBTLX

Volatility

FXNAX vs. VBTLX - Volatility Comparison

Fidelity U.S. Bond Index Fund (FXNAX) and Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) have volatilities of 1.78% and 1.74%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%December2024FebruaryMarchAprilMay
1.78%
1.74%
FXNAX
VBTLX