FYBTX vs. BND
Compare and contrast key facts about Fidelity Series Short-Term Credit Fund (FYBTX) and Vanguard Total Bond Market ETF (BND).
FYBTX is managed by Fidelity. It was launched on Mar 27, 2015. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FYBTX or BND.
Correlation
The correlation between FYBTX and BND is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FYBTX vs. BND - Performance Comparison
Key characteristics
FYBTX:
3.22
BND:
1.33
FYBTX:
5.80
BND:
1.93
FYBTX:
1.82
BND:
1.23
FYBTX:
7.66
BND:
0.52
FYBTX:
21.43
BND:
3.43
FYBTX:
0.32%
BND:
2.05%
FYBTX:
2.12%
BND:
5.31%
FYBTX:
-5.58%
BND:
-18.84%
FYBTX:
-0.30%
BND:
-6.87%
Returns By Period
In the year-to-date period, FYBTX achieves a 1.67% return, which is significantly lower than BND's 2.74% return. Over the past 10 years, FYBTX has outperformed BND with an annualized return of 2.33%, while BND has yielded a comparatively lower 1.43% annualized return.
FYBTX
1.67%
0.57%
2.62%
6.95%
2.67%
2.33%
BND
2.74%
0.67%
1.94%
7.62%
-0.84%
1.43%
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FYBTX vs. BND - Expense Ratio Comparison
FYBTX has a 0.00% expense ratio, which is lower than BND's 0.03% 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
FYBTX vs. BND — Risk-Adjusted Performance Rank
FYBTX
BND
FYBTX vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Short-Term Credit Fund (FYBTX) and Vanguard Total Bond Market ETF (BND). 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
FYBTX vs. BND - Dividend Comparison
FYBTX's dividend yield for the trailing twelve months is around 4.16%, more than BND's 3.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FYBTX Fidelity Series Short-Term Credit Fund | 4.16% | 3.99% | 2.76% | 1.70% | 1.93% | 2.47% | 2.72% | 2.44% | 1.59% | 1.15% | 0.92% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.69% | 3.67% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% |
Drawdowns
FYBTX vs. BND - Drawdown Comparison
The maximum FYBTX drawdown since its inception was -5.58%, smaller than the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for FYBTX and BND. For additional features, visit the drawdowns tool.
Volatility
FYBTX vs. BND - Volatility Comparison
The current volatility for Fidelity Series Short-Term Credit Fund (FYBTX) is 0.88%, while Vanguard Total Bond Market ETF (BND) has a volatility of 2.19%. This indicates that FYBTX experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.