GMRE vs. FTBFX
Compare and contrast key facts about Global Medical REIT Inc. (GMRE) and Fidelity Total Bond Fund (FTBFX).
FTBFX is managed by Fidelity. It was launched on Oct 15, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GMRE or FTBFX.
Performance
GMRE vs. FTBFX - Performance Comparison
Returns By Period
In the year-to-date period, GMRE achieves a -16.71% return, which is significantly lower than FTBFX's 3.24% return.
GMRE
-16.71%
-7.49%
3.05%
-3.32%
-1.30%
N/A
FTBFX
3.24%
-0.58%
3.41%
8.04%
0.54%
2.01%
Key characteristics
| GMRE | FTBFX | |
|---|---|---|
| Sharpe Ratio | -0.16 | 1.42 |
| Sortino Ratio | -0.04 | 2.12 |
| Omega Ratio | 0.99 | 1.26 |
| Calmar Ratio | -0.08 | 0.65 |
| Martin Ratio | -0.24 | 5.26 |
| Ulcer Index | 16.38% | 1.48% |
| Daily Std Dev | 25.64% | 5.52% |
| Max Drawdown | -58.92% | -18.19% |
| Current Drawdown | -40.76% | -5.47% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between GMRE and FTBFX is 0.12, 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.
Risk-Adjusted Performance
GMRE vs. FTBFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Medical REIT Inc. (GMRE) and Fidelity Total Bond Fund (FTBFX). 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
GMRE vs. FTBFX - Dividend Comparison
GMRE's dividend yield for the trailing twelve months is around 9.72%, more than FTBFX's 4.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GMRE Global Medical REIT Inc. | 9.72% | 7.57% | 8.86% | 4.62% | 6.13% | 6.05% | 9.00% | 9.76% | 4.48% | 0.00% | 0.00% | 0.00% |
FTBFX Fidelity Total Bond Fund | 4.62% | 4.15% | 3.34% | 2.19% | 2.53% | 2.95% | 3.19% | 2.74% | 2.95% | 3.71% | 2.99% | 3.91% |
Drawdowns
GMRE vs. FTBFX - Drawdown Comparison
The maximum GMRE drawdown since its inception was -58.92%, which is greater than FTBFX's maximum drawdown of -18.19%. Use the drawdown chart below to compare losses from any high point for GMRE and FTBFX. For additional features, visit the drawdowns tool.
Volatility
GMRE vs. FTBFX - Volatility Comparison
Global Medical REIT Inc. (GMRE) has a higher volatility of 5.88% compared to Fidelity Total Bond Fund (FTBFX) at 1.38%. This indicates that GMRE's price experiences larger fluctuations and is considered to be riskier than FTBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.