IUSB vs. FBND
Compare and contrast key facts about iShares Core Total USD Bond Market ETF (IUSB) and Fidelity Total Bond ETF (FBND).
IUSB and FBND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IUSB is a passively managed fund by iShares that tracks the performance of the Barclays U.S. Universal Index. It was launched on Jun 10, 2014. FBND is an actively managed fund by Fidelity. It was launched on Oct 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IUSB or FBND.
Key characteristics
| IUSB | FBND | |
|---|---|---|
| YTD Return | 2.12% | 2.31% |
| 1Y Return | 7.22% | 7.75% |
| 3Y Return (Ann) | -1.76% | -1.31% |
| 5Y Return (Ann) | 0.10% | 0.97% |
| 10Y Return (Ann) | 1.73% | 2.23% |
| Sharpe Ratio | 1.44 | 1.46 |
| Sortino Ratio | 2.13 | 2.11 |
| Omega Ratio | 1.26 | 1.26 |
| Calmar Ratio | 0.59 | 0.69 |
| Martin Ratio | 5.21 | 5.58 |
| Ulcer Index | 1.50% | 1.51% |
| Daily Std Dev | 5.43% | 5.80% |
| Max Drawdown | -17.98% | -17.25% |
| Current Drawdown | -7.01% | -5.36% |
Correlation
The correlation between IUSB and FBND is 0.83, 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
IUSB vs. FBND - Performance Comparison
In the year-to-date period, IUSB achieves a 2.12% return, which is significantly lower than FBND's 2.31% return. Over the past 10 years, IUSB has underperformed FBND with an annualized return of 1.73%, while FBND has yielded a comparatively higher 2.23% annualized 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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IUSB vs. FBND - Expense Ratio Comparison
IUSB has a 0.06% expense ratio, which is lower than FBND's 0.36% expense ratio.
Risk-Adjusted Performance
IUSB vs. FBND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Total USD Bond Market ETF (IUSB) and Fidelity Total Bond ETF (FBND). 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
IUSB vs. FBND - Dividend Comparison
IUSB's dividend yield for the trailing twelve months is around 3.94%, less than FBND's 4.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
IUSB iShares Core Total USD Bond Market ETF | 3.94% | 3.46% | 2.53% | 1.74% | 2.45% | 3.04% | 2.98% | 2.56% | 2.60% | 1.95% | 1.39% |
FBND Fidelity Total Bond ETF | 4.60% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% | 0.66% |
Drawdowns
IUSB vs. FBND - Drawdown Comparison
The maximum IUSB drawdown since its inception was -17.98%, roughly equal to the maximum FBND drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for IUSB and FBND. For additional features, visit the drawdowns tool.
Volatility
IUSB vs. FBND - Volatility Comparison
iShares Core Total USD Bond Market ETF (IUSB) and Fidelity Total Bond ETF (FBND) have volatilities of 1.54% and 1.53%, 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.