FZOMX vs. VBISX
Compare and contrast key facts about Fidelity SAI Short-Term Bond Fund (FZOMX) and Vanguard Short-Term Bond Index Fund (VBISX).
FZOMX is managed by Fidelity Investments. It was launched on Oct 13, 2020. VBISX is managed by Vanguard. It was launched on Mar 1, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZOMX or VBISX.
Correlation
The correlation between FZOMX and VBISX is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FZOMX vs. VBISX - Performance Comparison
Key characteristics
FZOMX:
2.69
VBISX:
2.11
FZOMX:
4.95
VBISX:
3.37
FZOMX:
1.71
VBISX:
1.44
FZOMX:
6.41
VBISX:
1.88
FZOMX:
16.98
VBISX:
8.33
FZOMX:
0.35%
VBISX:
0.67%
FZOMX:
2.13%
VBISX:
2.68%
FZOMX:
-5.93%
VBISX:
-8.98%
FZOMX:
-0.51%
VBISX:
-0.68%
Returns By Period
The year-to-date returns for both investments are quite close, with FZOMX having a 1.84% return and VBISX slightly higher at 1.90%.
FZOMX
1.84%
0.56%
2.46%
5.77%
N/A
N/A
VBISX
1.90%
0.20%
2.31%
5.62%
0.88%
1.60%
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FZOMX vs. VBISX - Expense Ratio Comparison
FZOMX has a 0.30% expense ratio, which is higher than VBISX's 0.15% expense ratio.
Risk-Adjusted Performance
FZOMX vs. VBISX — Risk-Adjusted Performance Rank
FZOMX
VBISX
FZOMX vs. VBISX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Short-Term Bond Fund (FZOMX) and Vanguard Short-Term Bond Index Fund (VBISX). 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. VBISX - Dividend Comparison
FZOMX's dividend yield for the trailing twelve months is around 4.35%, more than VBISX's 3.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZOMX Fidelity SAI Short-Term Bond Fund | 4.35% | 4.28% | 3.27% | 1.00% | 0.43% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VBISX Vanguard Short-Term Bond Index Fund | 3.17% | 3.29% | 2.34% | 1.37% | 1.10% | 1.72% | 2.16% | 1.93% | 1.58% | 1.41% | 1.25% | 1.12% |
Drawdowns
FZOMX vs. VBISX - Drawdown Comparison
The maximum FZOMX drawdown since its inception was -5.93%, smaller than the maximum VBISX drawdown of -8.98%. Use the drawdown chart below to compare losses from any high point for FZOMX and VBISX. For additional features, visit the drawdowns tool.
Volatility
FZOMX vs. VBISX - Volatility Comparison
The current volatility for Fidelity SAI Short-Term Bond Fund (FZOMX) is 0.75%, while Vanguard Short-Term Bond Index Fund (VBISX) has a volatility of 0.84%. This indicates that FZOMX experiences smaller price fluctuations and is considered to be less risky than VBISX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.