MFBFX vs. FCBFX
Compare and contrast key facts about MFS Corporate Bond Fund (MFBFX) and Fidelity Corporate Bond Fund (FCBFX).
MFBFX is managed by MFS. It was launched on May 8, 1974. FCBFX is managed by Fidelity. It was launched on May 4, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MFBFX or FCBFX.
Correlation
The correlation between MFBFX and FCBFX is 0.93, 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
MFBFX vs. FCBFX - Performance Comparison
Key characteristics
MFBFX:
1.15
FCBFX:
1.00
MFBFX:
1.68
FCBFX:
1.48
MFBFX:
1.20
FCBFX:
1.18
MFBFX:
0.37
FCBFX:
0.41
MFBFX:
3.31
FCBFX:
2.94
MFBFX:
1.85%
FCBFX:
1.92%
MFBFX:
5.33%
FCBFX:
5.64%
MFBFX:
-25.56%
FCBFX:
-23.12%
MFBFX:
-10.44%
FCBFX:
-7.49%
Returns By Period
In the year-to-date period, MFBFX achieves a 1.11% return, which is significantly lower than FCBFX's 1.22% return. Over the past 10 years, MFBFX has underperformed FCBFX with an annualized return of 1.97%, while FCBFX has yielded a comparatively higher 2.38% annualized return.
MFBFX
1.11%
1.36%
0.13%
5.77%
-0.69%
1.97%
FCBFX
1.22%
1.51%
0.13%
5.85%
-0.15%
2.38%
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MFBFX vs. FCBFX - Expense Ratio Comparison
MFBFX has a 0.76% expense ratio, which is higher than FCBFX's 0.44% expense ratio.
Risk-Adjusted Performance
MFBFX vs. FCBFX — Risk-Adjusted Performance Rank
MFBFX
FCBFX
MFBFX vs. FCBFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Corporate Bond Fund (MFBFX) and Fidelity Corporate Bond Fund (FCBFX). 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
MFBFX vs. FCBFX - Dividend Comparison
MFBFX's dividend yield for the trailing twelve months is around 4.46%, more than FCBFX's 3.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFBFX MFS Corporate Bond Fund | 4.46% | 4.48% | 3.83% | 3.19% | 2.52% | 2.57% | 3.03% | 3.16% | 3.08% | 3.27% | 3.87% | 3.61% |
FCBFX Fidelity Corporate Bond Fund | 3.94% | 3.94% | 3.74% | 3.37% | 2.53% | 2.58% | 3.29% | 3.64% | 3.17% | 3.26% | 3.32% | 3.07% |
Drawdowns
MFBFX vs. FCBFX - Drawdown Comparison
The maximum MFBFX drawdown since its inception was -25.56%, which is greater than FCBFX's maximum drawdown of -23.12%. Use the drawdown chart below to compare losses from any high point for MFBFX and FCBFX. For additional features, visit the drawdowns tool.
Volatility
MFBFX vs. FCBFX - Volatility Comparison
MFS Corporate Bond Fund (MFBFX) and Fidelity Corporate Bond Fund (FCBFX) have volatilities of 1.37% and 1.39%, 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.