IGSB vs. FJRLX
IGSB (iShares Short-Term Corporate Bond ETF) and FJRLX (Fidelity Limited Term Bond Fund) are both funds - IGSB is a Corporate Bonds fund tracking the ICE BofAML 1-5 Year US Corporate Index, while FJRLX is a Total Bond Market fund managed by Fidelity. Over the past 10 years, IGSB returned 2.74%/yr vs 2.40%/yr for FJRLX. A 0.73 correlation means they provide meaningful diversification when combined. IGSB charges 0.06%/yr vs 0.45%/yr for FJRLX.
Performance
IGSB vs. FJRLX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with IGSB having a 0.72% return and FJRLX slightly lower at 0.71%. Over the past 10 years, IGSB has outperformed FJRLX with an annualized return of 2.74%, while FJRLX has yielded a comparatively lower 2.40% annualized return.
IGSB
- 1D
- -0.06%
- 1M
- 0.27%
- YTD
- 0.72%
- 6M
- 1.01%
- 1Y
- 4.72%
- 3Y*
- 5.66%
- 5Y*
- 2.43%
- 10Y*
- 2.74%
FJRLX
- 1D
- 0.00%
- 1M
- 0.35%
- YTD
- 0.71%
- 6M
- 1.05%
- 1Y
- 4.60%
- 3Y*
- 5.49%
- 5Y*
- 2.21%
- 10Y*
- 2.40%
IGSB vs. FJRLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGSB iShares Short-Term Corporate Bond ETF | 0.72% | 6.96% | 4.97% | 6.40% | -5.63% | -0.56% | 5.37% | 7.11% | 1.25% | 1.27% |
FJRLX Fidelity Limited Term Bond Fund | 0.71% | 6.70% | 4.92% | 6.26% | -6.22% | -1.46% | 5.16% | 6.04% | 0.71% | 1.89% |
Correlation
The correlation between IGSB and FJRLX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2013 | 0.73 |
The correlation between IGSB and FJRLX shifts across timeframes, from 0.73 (all time) to 0.85 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IGSB vs. FJRLX — Risk / Return Rank
IGSB
FJRLX
IGSB vs. FJRLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Short-Term Corporate Bond ETF (IGSB) and Fidelity Limited Term Bond Fund (FJRLX). 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.
| IGSB | FJRLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.47 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.25 | 2.84 | +0.41 |
| Martin ratioReturn relative to average drawdown | 13.22 | 10.78 | +2.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IGSB | FJRLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.46 | 2.15 | +0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.80 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 1.00 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 1.03 | -0.33 |
Drawdowns
IGSB vs. FJRLX - Drawdown Comparison
The maximum IGSB drawdown since its inception was -13.38%, which is greater than FJRLX's maximum drawdown of -9.89%. Use the drawdown chart below to compare losses from any high point for IGSB and FJRLX.
Loading charts...
Drawdown Indicators
| IGSB | FJRLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.38% | -9.89% | -3.49% |
Max Drawdown (1Y)Largest decline over 1 year | -1.46% | -1.63% | +0.17% |
Max Drawdown (3Y)Largest decline over 3 years | -1.46% | -1.63% | +0.17% |
Max Drawdown (5Y)Largest decline over 5 years | -9.46% | -9.71% | +0.25% |
Max Drawdown (10Y)Largest decline over 10 years | -13.38% | -9.89% | -3.49% |
Current DrawdownCurrent decline from peak | -0.32% | -0.26% | -0.06% |
Average DrawdownAverage peak-to-trough decline | -0.85% | -1.34% | +0.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.36% | 0.43% | -0.07% |
Volatility
IGSB vs. FJRLX - Volatility Comparison
The current volatility for iShares Short-Term Corporate Bond ETF (IGSB) is 0.57%, while Fidelity Limited Term Bond Fund (FJRLX) has a volatility of 0.74%. This indicates that IGSB experiences smaller price fluctuations and is considered to be less risky than FJRLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IGSB | FJRLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.57% | 0.74% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 1.41% | 1.62% | -0.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.92% | 2.15% | -0.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.93% | 2.76% | +0.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.46% | 2.41% | +1.05% |
IGSB vs. FJRLX - Expense Ratio Comparison
IGSB has a 0.06% expense ratio, which is lower than FJRLX's 0.45% expense ratio.
Dividends
IGSB vs. FJRLX - Dividend Comparison
IGSB's dividend yield for the trailing twelve months is around 4.58%, more than FJRLX's 4.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FJRLX Fidelity Limited Term Bond Fund | 4.08% | 3.93% | 3.36% | 2.38% | 1.26% | 1.25% | 2.38% | 2.44% | 2.29% | 1.79% | 1.88% | 1.60% |
IGSB iShares Short-Term Corporate Bond ETF | 4.58% | 4.44% | 4.02% | 3.26% | 2.07% | 1.82% | 2.36% | 3.06% | 2.46% | 1.65% | 1.45% | 1.18% |
Frequently Asked Questions
IGSB and FJRLX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FJRLX has higher volatility (0.74%) compared to IGSB (0.57%). In terms of maximum drawdown, IGSB dropped -13.38% vs FJRLX's -9.89%.
IGSB currently has the higher Sharpe Ratio (2.46 vs 2.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for IGSB and FJRLX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer