FYBTX vs. VCSH
Compare and contrast key facts about Fidelity Series Short-Term Credit Fund (FYBTX) and Vanguard Short-Term Corporate Bond ETF (VCSH).
FYBTX is managed by Fidelity. It was launched on Mar 27, 2015. VCSH is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. 1-5 Year Corporate Index. It was launched on Nov 19, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FYBTX or VCSH.
Correlation
The correlation between FYBTX and VCSH 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. VCSH - Performance Comparison
Key characteristics
FYBTX:
3.22
VCSH:
2.99
FYBTX:
5.80
VCSH:
4.60
FYBTX:
1.82
VCSH:
1.64
FYBTX:
7.66
VCSH:
5.64
FYBTX:
21.43
VCSH:
15.89
FYBTX:
0.32%
VCSH:
0.46%
FYBTX:
2.12%
VCSH:
2.43%
FYBTX:
-5.58%
VCSH:
-12.86%
FYBTX:
-0.30%
VCSH:
-0.03%
Returns By Period
In the year-to-date period, FYBTX achieves a 1.67% return, which is significantly lower than VCSH's 2.26% return. Over the past 10 years, FYBTX has underperformed VCSH with an annualized return of 2.33%, while VCSH has yielded a comparatively higher 2.45% annualized return.
FYBTX
1.67%
0.57%
2.62%
6.95%
2.67%
2.33%
VCSH
2.26%
0.62%
2.65%
7.48%
2.28%
2.45%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FYBTX vs. VCSH - Expense Ratio Comparison
FYBTX has a 0.00% expense ratio, which is lower than VCSH'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%.
Risk-Adjusted Performance
FYBTX vs. VCSH — Risk-Adjusted Performance Rank
FYBTX
VCSH
FYBTX vs. VCSH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Short-Term Credit Fund (FYBTX) and Vanguard Short-Term Corporate Bond ETF (VCSH). 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. VCSH - Dividend Comparison
FYBTX's dividend yield for the trailing twelve months is around 4.16%, more than VCSH's 4.07% 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% |
VCSH Vanguard Short-Term Corporate Bond ETF | 4.07% | 3.96% | 3.09% | 2.01% | 1.81% | 2.27% | 2.87% | 2.65% | 2.25% | 2.10% | 2.08% | 2.01% |
Drawdowns
FYBTX vs. VCSH - Drawdown Comparison
The maximum FYBTX drawdown since its inception was -5.58%, smaller than the maximum VCSH drawdown of -12.86%. Use the drawdown chart below to compare losses from any high point for FYBTX and VCSH. For additional features, visit the drawdowns tool.
Volatility
FYBTX vs. VCSH - Volatility Comparison
The current volatility for Fidelity Series Short-Term Credit Fund (FYBTX) is 0.88%, while Vanguard Short-Term Corporate Bond ETF (VCSH) has a volatility of 1.37%. This indicates that FYBTX experiences smaller price fluctuations and is considered to be less risky than VCSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.