FZOMX vs. FBND
Compare and contrast key facts about Fidelity SAI Short-Term Bond Fund (FZOMX) and Fidelity Total Bond ETF (FBND).
FZOMX is managed by Fidelity Investments. It was launched on Oct 13, 2020. 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: FZOMX or FBND.
Correlation
The correlation between FZOMX and FBND is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FZOMX vs. FBND - Performance Comparison
Key characteristics
FZOMX:
2.16
FBND:
0.30
FZOMX:
3.80
FBND:
0.45
FZOMX:
1.53
FBND:
1.05
FZOMX:
5.01
FBND:
0.16
FZOMX:
11.70
FBND:
0.87
FZOMX:
0.39%
FBND:
1.89%
FZOMX:
2.14%
FBND:
5.46%
FZOMX:
-5.93%
FBND:
-17.25%
FZOMX:
-0.26%
FBND:
-6.46%
Returns By Period
In the year-to-date period, FZOMX achieves a -0.21% return, which is significantly higher than FBND's -0.98% return.
FZOMX
-0.21%
0.05%
2.16%
4.28%
N/A
N/A
FBND
-0.98%
-1.77%
-0.47%
1.37%
0.46%
2.01%
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FZOMX vs. FBND - Expense Ratio Comparison
FZOMX has a 0.30% expense ratio, which is lower than FBND's 0.36% expense ratio.
Risk-Adjusted Performance
FZOMX vs. FBND — Risk-Adjusted Performance Rank
FZOMX
FBND
FZOMX vs. FBND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Short-Term Bond Fund (FZOMX) 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
FZOMX vs. FBND - Dividend Comparison
FZOMX's dividend yield for the trailing twelve months is around 4.29%, less than FBND's 4.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZOMX Fidelity SAI Short-Term Bond Fund | 4.29% | 4.28% | 3.27% | 1.00% | 0.43% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FBND Fidelity Total Bond ETF | 4.78% | 4.73% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% | 0.66% |
Drawdowns
FZOMX vs. FBND - Drawdown Comparison
The maximum FZOMX drawdown since its inception was -5.93%, smaller than the maximum FBND drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for FZOMX and FBND. For additional features, visit the drawdowns tool.
Volatility
FZOMX vs. FBND - Volatility Comparison
The current volatility for Fidelity SAI Short-Term Bond Fund (FZOMX) is 0.51%, while Fidelity Total Bond ETF (FBND) has a volatility of 1.32%. This indicates that FZOMX 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.