MUSI vs. FTBD
Compare and contrast key facts about American Century Multisector Income ETF (MUSI) and Fidelity Tactical Bond ETF (FTBD).
MUSI and FTBD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MUSI is an actively managed fund by American Century. It was launched on Jun 29, 2021. FTBD is an actively managed fund by Fidelity. It was launched on Jan 24, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MUSI or FTBD.
Correlation
The correlation between MUSI and FTBD is 0.24, 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.
Performance
MUSI vs. FTBD - Performance Comparison
Key characteristics
MUSI:
1.67
FTBD:
1.19
MUSI:
2.29
FTBD:
1.73
MUSI:
1.33
FTBD:
1.21
MUSI:
1.53
FTBD:
1.36
MUSI:
8.29
FTBD:
3.19
MUSI:
1.01%
FTBD:
2.11%
MUSI:
5.01%
FTBD:
5.66%
MUSI:
-13.91%
FTBD:
-6.98%
MUSI:
-0.83%
FTBD:
-1.65%
Returns By Period
In the year-to-date period, MUSI achieves a 1.82% return, which is significantly lower than FTBD's 2.44% return.
MUSI
1.82%
-0.51%
1.81%
8.22%
N/A
N/A
FTBD
2.44%
0.00%
1.02%
6.87%
N/A
N/A
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MUSI vs. FTBD - Expense Ratio Comparison
MUSI has a 0.36% expense ratio, which is lower than FTBD's 0.55% expense ratio.
Risk-Adjusted Performance
MUSI vs. FTBD — Risk-Adjusted Performance Rank
MUSI
FTBD
MUSI vs. FTBD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Multisector Income ETF (MUSI) and Fidelity Tactical Bond ETF (FTBD). 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
MUSI vs. FTBD - Dividend Comparison
MUSI's dividend yield for the trailing twelve months is around 6.12%, more than FTBD's 4.70% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
MUSI American Century Multisector Income ETF | 6.12% | 6.01% | 5.20% | 4.02% | 1.63% |
FTBD Fidelity Tactical Bond ETF | 4.70% | 4.76% | 4.69% | 0.00% | 0.00% |
Drawdowns
MUSI vs. FTBD - Drawdown Comparison
The maximum MUSI drawdown since its inception was -13.91%, which is greater than FTBD's maximum drawdown of -6.98%. Use the drawdown chart below to compare losses from any high point for MUSI and FTBD. For additional features, visit the drawdowns tool.
Volatility
MUSI vs. FTBD - Volatility Comparison
American Century Multisector Income ETF (MUSI) has a higher volatility of 3.11% compared to Fidelity Tactical Bond ETF (FTBD) at 2.18%. This indicates that MUSI's price experiences larger fluctuations and is considered to be riskier than FTBD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.