Correlation
The correlation between LEMB 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.
LEMB vs. FBIIX
Compare and contrast key facts about iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) and Fidelity International Bond Index Fund (FBIIX).
LEMB is a passively managed fund by iShares that tracks the performance of the J.P. Morgan GBI-EM Global 15 cap 4.5 floor. It was launched on Oct 18, 2011. 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: LEMB or FBIIX.
Performance
LEMB vs. FBIIX - Performance Comparison
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Key characteristics
LEMB:
1.18
FBIIX:
2.08
LEMB:
1.58
FBIIX:
2.94
LEMB:
1.19
FBIIX:
1.37
LEMB:
0.40
FBIIX:
0.85
LEMB:
2.29
FBIIX:
8.65
LEMB:
3.32%
FBIIX:
0.65%
LEMB:
7.25%
FBIIX:
2.84%
LEMB:
-28.42%
FBIIX:
-13.79%
LEMB:
-10.55%
FBIIX:
-1.13%
Returns By Period
In the year-to-date period, LEMB achieves a 8.51% return, which is significantly higher than FBIIX's 0.54% return.
LEMB
8.51%
0.85%
6.73%
8.60%
4.25%
0.49%
0.49%
FBIIX
0.54%
0.32%
0.40%
5.75%
2.86%
0.34%
N/A
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LEMB vs. FBIIX - Expense Ratio Comparison
LEMB has a 0.30% expense ratio, which is higher than FBIIX's 0.06% expense ratio.
Risk-Adjusted Performance
LEMB vs. FBIIX — Risk-Adjusted Performance Rank
LEMB
FBIIX
LEMB vs. FBIIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) 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.
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Dividends
LEMB vs. FBIIX - Dividend Comparison
LEMB has not paid dividends to shareholders, while FBIIX's dividend yield for the trailing twelve months is around 3.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LEMB iShares J.P. Morgan EM Local Currency Bond ETF | 0.00% | 0.00% | 1.34% | 0.86% | 3.89% | 0.00% | 4.39% | 6.91% | 0.00% | 0.00% | 0.64% | 2.85% |
FBIIX Fidelity International Bond Index Fund | 3.16% | 3.44% | 2.85% | 1.02% | 0.62% | 0.74% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LEMB vs. FBIIX - Drawdown Comparison
The maximum LEMB drawdown since its inception was -28.42%, which is greater than FBIIX's maximum drawdown of -13.79%. Use the drawdown chart below to compare losses from any high point for LEMB and FBIIX.
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Volatility
LEMB vs. FBIIX - Volatility Comparison
iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) has a higher volatility of 1.81% compared to Fidelity International Bond Index Fund (FBIIX) at 0.83%. This indicates that LEMB's price experiences larger fluctuations and is considered to be riskier than FBIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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