IBHE vs. FAGIX
Compare and contrast key facts about iShares iBonds 2025 Term High Yield & Income ETF (IBHE) and Fidelity Capital & Income Fund (FAGIX).
IBHE is a passively managed fund by iShares that tracks the performance of the Bloomberg 2025 Term High Yield and Income Index. It was launched on May 7, 2019. FAGIX is managed by Fidelity. It was launched on Nov 1, 1977.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBHE or FAGIX.
Key characteristics
| IBHE | FAGIX | |
|---|---|---|
| YTD Return | 6.63% | 11.79% |
| 1Y Return | 8.68% | 17.84% |
| 3Y Return (Ann) | 4.21% | 1.31% |
| 5Y Return (Ann) | 4.63% | 5.06% |
| Sharpe Ratio | 3.34 | 3.69 |
| Sortino Ratio | 5.45 | 5.74 |
| Omega Ratio | 1.76 | 1.85 |
| Calmar Ratio | 12.55 | 1.63 |
| Martin Ratio | 48.45 | 26.32 |
| Ulcer Index | 0.19% | 0.68% |
| Daily Std Dev | 2.78% | 4.80% |
| Max Drawdown | -26.92% | -37.80% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between IBHE and FAGIX is 0.64, 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
IBHE vs. FAGIX - Performance Comparison
In the year-to-date period, IBHE achieves a 6.63% return, which is significantly lower than FAGIX's 11.79% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IBHE vs. FAGIX - Expense Ratio Comparison
IBHE has a 0.35% expense ratio, which is lower than FAGIX's 0.67% expense ratio.
Risk-Adjusted Performance
IBHE vs. FAGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds 2025 Term High Yield & Income ETF (IBHE) and Fidelity Capital & Income Fund (FAGIX). 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
IBHE vs. FAGIX - Dividend Comparison
IBHE's dividend yield for the trailing twelve months is around 7.14%, more than FAGIX's 5.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBHE iShares iBonds 2025 Term High Yield & Income ETF | 7.14% | 7.16% | 5.78% | 4.84% | 5.73% | 3.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FAGIX Fidelity Capital & Income Fund | 5.00% | 5.29% | 4.85% | 3.41% | 3.78% | 4.25% | 5.27% | 4.01% | 4.12% | 5.00% | 8.04% | 5.47% |
Drawdowns
IBHE vs. FAGIX - Drawdown Comparison
The maximum IBHE drawdown since its inception was -26.92%, smaller than the maximum FAGIX drawdown of -37.80%. Use the drawdown chart below to compare losses from any high point for IBHE and FAGIX. For additional features, visit the drawdowns tool.
Volatility
IBHE vs. FAGIX - Volatility Comparison
The current volatility for iShares iBonds 2025 Term High Yield & Income ETF (IBHE) is 0.36%, while Fidelity Capital & Income Fund (FAGIX) has a volatility of 1.13%. This indicates that IBHE experiences smaller price fluctuations and is considered to be less risky than FAGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.