ISTB vs. FUMBX
Compare and contrast key facts about iShares Core 1-5 Year USD Bond ETF (ISTB) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX).
ISTB is a passively managed fund by iShares that tracks the performance of the Barclays U.S. Government/Credit 1-5 Year Bond Index. It was launched on Oct 18, 2012. FUMBX is a passively managed fund by Fidelity that tracks the performance of the Bloomberg Barclays 1-5 Year U.S. Treasury Index. It was launched on Dec 20, 2005. Both ISTB and FUMBX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ISTB or FUMBX.
Key characteristics
| ISTB | FUMBX | |
|---|---|---|
| YTD Return | 4.04% | 2.96% |
| 1Y Return | 7.33% | 5.69% |
| 3Y Return (Ann) | 0.89% | 0.24% |
| 5Y Return (Ann) | 1.57% | 0.84% |
| Sharpe Ratio | 2.56 | 1.86 |
| Sortino Ratio | 4.03 | 2.86 |
| Omega Ratio | 1.51 | 1.39 |
| Calmar Ratio | 1.40 | 0.91 |
| Martin Ratio | 14.46 | 7.47 |
| Ulcer Index | 0.48% | 0.68% |
| Daily Std Dev | 2.71% | 2.76% |
| Max Drawdown | -9.34% | -9.07% |
| Current Drawdown | -1.01% | -1.38% |
Correlation
The correlation between ISTB and FUMBX is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ISTB vs. FUMBX - Performance Comparison
In the year-to-date period, ISTB achieves a 4.04% return, which is significantly higher than FUMBX's 2.96% 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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ISTB vs. FUMBX - Expense Ratio Comparison
ISTB has a 0.06% expense ratio, which is higher than FUMBX's 0.03% 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
ISTB vs. FUMBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core 1-5 Year USD Bond ETF (ISTB) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX). 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
ISTB vs. FUMBX - Dividend Comparison
ISTB's dividend yield for the trailing twelve months is around 3.73%, more than FUMBX's 2.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISTB iShares Core 1-5 Year USD Bond ETF | 3.73% | 2.97% | 2.01% | 1.69% | 2.20% | 2.75% | 2.57% | 2.07% | 1.90% | 1.58% | 1.07% | 0.60% |
FUMBX Fidelity Short-Term Treasury Bond Index Fund | 2.03% | 1.65% | 1.12% | 0.83% | 1.31% | 1.88% | 1.64% | 0.35% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ISTB vs. FUMBX - Drawdown Comparison
The maximum ISTB drawdown since its inception was -9.34%, roughly equal to the maximum FUMBX drawdown of -9.07%. Use the drawdown chart below to compare losses from any high point for ISTB and FUMBX. For additional features, visit the drawdowns tool.
Volatility
ISTB vs. FUMBX - Volatility Comparison
iShares Core 1-5 Year USD Bond ETF (ISTB) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX) have volatilities of 0.62% and 0.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.