Correlation
The correlation between PTIAX and FTBFX is -0.11. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
PTIAX vs. FTBFX
Compare and contrast key facts about Performance Trust Strategic Bond Fund (PTIAX) and Fidelity Total Bond Fund (FTBFX).
PTIAX is managed by Performance Trust Asset Management. It was launched on Aug 31, 2010. FTBFX is managed by Fidelity. It was launched on Oct 15, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PTIAX or FTBFX.
Performance
PTIAX vs. FTBFX - Performance Comparison
Loading data...
Key characteristics
PTIAX:
0.77
FTBFX:
0.95
PTIAX:
1.02
FTBFX:
1.41
PTIAX:
1.12
FTBFX:
1.17
PTIAX:
0.49
FTBFX:
0.55
PTIAX:
2.08
FTBFX:
2.75
PTIAX:
1.81%
FTBFX:
1.82%
PTIAX:
5.36%
FTBFX:
5.27%
PTIAX:
-16.42%
FTBFX:
-17.61%
PTIAX:
-3.09%
FTBFX:
-3.88%
Returns By Period
In the year-to-date period, PTIAX achieves a 0.82% return, which is significantly lower than FTBFX's 1.32% return. Over the past 10 years, PTIAX has outperformed FTBFX with an annualized return of 2.81%, while FTBFX has yielded a comparatively lower 2.30% annualized return.
PTIAX
0.82%
-0.54%
0.40%
4.02%
2.43%
1.13%
2.81%
FTBFX
1.32%
-0.49%
1.23%
5.02%
2.35%
0.54%
2.30%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PTIAX vs. FTBFX - Expense Ratio Comparison
PTIAX has a 0.76% expense ratio, which is higher than FTBFX's 0.45% expense ratio.
Risk-Adjusted Performance
PTIAX vs. FTBFX — Risk-Adjusted Performance Rank
PTIAX
FTBFX
PTIAX vs. FTBFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Performance Trust Strategic Bond Fund (PTIAX) and Fidelity Total Bond Fund (FTBFX). 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.
Loading data...
Dividends
PTIAX vs. FTBFX - Dividend Comparison
PTIAX's dividend yield for the trailing twelve months is around 4.56%, which matches FTBFX's 4.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PTIAX Performance Trust Strategic Bond Fund | 4.56% | 4.45% | 4.03% | 3.96% | 3.59% | 3.86% | 4.12% | 4.47% | 5.51% | 5.49% | 4.87% | 4.54% |
FTBFX Fidelity Total Bond Fund | 4.53% | 4.51% | 4.15% | 3.34% | 2.23% | 5.23% | 3.04% | 3.19% | 2.98% | 3.21% | 3.71% | 3.14% |
Drawdowns
PTIAX vs. FTBFX - Drawdown Comparison
The maximum PTIAX drawdown since its inception was -16.42%, smaller than the maximum FTBFX drawdown of -17.61%. Use the drawdown chart below to compare losses from any high point for PTIAX and FTBFX.
Loading data...
Volatility
PTIAX vs. FTBFX - Volatility Comparison
Performance Trust Strategic Bond Fund (PTIAX) has a higher volatility of 1.52% compared to Fidelity Total Bond Fund (FTBFX) at 1.43%. This indicates that PTIAX's price experiences larger fluctuations and is considered to be riskier than FTBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...