IAGG vs. FBIIX
Compare and contrast key facts about iShares Core International Aggregate Bond ETF (IAGG) and Fidelity International Bond Index Fund (FBIIX).
IAGG is a passively managed fund by iShares that tracks the performance of the Barclays Global Aggregate ex USD 10% Issuer Capped (Hedged) Index. It was launched on Nov 10, 2015. FBIIX is managed by Fidelity. It was launched on Oct 10, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IAGG or FBIIX.
Correlation
The correlation between IAGG and FBIIX 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
IAGG vs. FBIIX - Performance Comparison
Key characteristics
IAGG:
2.02
FBIIX:
1.90
IAGG:
3.02
FBIIX:
2.84
IAGG:
1.37
FBIIX:
1.35
IAGG:
1.09
FBIIX:
0.78
IAGG:
11.23
FBIIX:
8.60
IAGG:
0.59%
FBIIX:
0.63%
IAGG:
3.28%
FBIIX:
2.83%
IAGG:
-13.88%
FBIIX:
-13.79%
IAGG:
-0.06%
FBIIX:
-1.34%
Returns By Period
In the year-to-date period, IAGG achieves a 1.52% return, which is significantly higher than FBIIX's 0.32% return.
IAGG
1.52%
1.69%
2.32%
7.22%
0.74%
N/A
FBIIX
0.32%
0.86%
1.36%
5.99%
0.52%
N/A
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IAGG vs. FBIIX - Expense Ratio Comparison
IAGG has a 0.09% expense ratio, which is higher than FBIIX's 0.06% expense ratio. However, 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
IAGG vs. FBIIX — Risk-Adjusted Performance Rank
IAGG
FBIIX
IAGG vs. FBIIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core International Aggregate Bond ETF (IAGG) and Fidelity International Bond Index Fund (FBIIX). 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
IAGG vs. FBIIX - Dividend Comparison
IAGG's dividend yield for the trailing twelve months is around 4.21%, more than FBIIX's 2.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
IAGG iShares Core International Aggregate Bond ETF | 4.21% | 4.28% | 3.55% | 2.28% | 1.16% | 1.95% | 2.82% | 3.02% | 1.74% | 1.56% | 0.13% |
FBIIX Fidelity International Bond Index Fund | 2.44% | 3.44% | 2.85% | 1.02% | 0.62% | 0.74% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IAGG vs. FBIIX - Drawdown Comparison
The maximum IAGG drawdown since its inception was -13.88%, roughly equal to the maximum FBIIX drawdown of -13.79%. Use the drawdown chart below to compare losses from any high point for IAGG and FBIIX. For additional features, visit the drawdowns tool.
Volatility
IAGG vs. FBIIX - Volatility Comparison
The current volatility for iShares Core International Aggregate Bond ETF (IAGG) is 0.77%, while Fidelity International Bond Index Fund (FBIIX) has a volatility of 1.11%. This indicates that IAGG experiences smaller price fluctuations and is considered to be less risky than FBIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.