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SCYB vs. FIBUX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SCYB and FIBUX is 0.17, 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

SCYB vs. FIBUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab High Yield Bond ETF (SCYB) and Fidelity Flex U.S. Bond Index Fund (FIBUX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

SCYB:

1.51

FIBUX:

0.84

Sortino Ratio

SCYB:

2.29

FIBUX:

1.35

Omega Ratio

SCYB:

1.34

FIBUX:

1.16

Calmar Ratio

SCYB:

1.81

FIBUX:

0.36

Martin Ratio

SCYB:

9.62

FIBUX:

2.28

Ulcer Index

SCYB:

0.93%

FIBUX:

2.13%

Daily Std Dev

SCYB:

5.72%

FIBUX:

5.37%

Max Drawdown

SCYB:

-4.92%

FIBUX:

-19.46%

Current Drawdown

SCYB:

-0.15%

FIBUX:

-8.26%

Returns By Period

In the year-to-date period, SCYB achieves a 2.31% return, which is significantly higher than FIBUX's 1.95% return.


SCYB

YTD

2.31%

1M

3.14%

6M

2.64%

1Y

8.55%

5Y*

N/A

10Y*

N/A

FIBUX

YTD

1.95%

1M

-0.12%

6M

1.95%

1Y

4.51%

5Y*

-1.12%

10Y*

N/A

*Annualized

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SCYB vs. FIBUX - Expense Ratio Comparison

SCYB has a 0.03% expense ratio, which is higher than FIBUX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Risk-Adjusted Performance

SCYB vs. FIBUX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SCYB
The Risk-Adjusted Performance Rank of SCYB is 9292
Overall Rank
The Sharpe Ratio Rank of SCYB is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of SCYB is 9292
Sortino Ratio Rank
The Omega Ratio Rank of SCYB is 9393
Omega Ratio Rank
The Calmar Ratio Rank of SCYB is 9292
Calmar Ratio Rank
The Martin Ratio Rank of SCYB is 9393
Martin Ratio Rank

FIBUX
The Risk-Adjusted Performance Rank of FIBUX is 6666
Overall Rank
The Sharpe Ratio Rank of FIBUX is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of FIBUX is 7676
Sortino Ratio Rank
The Omega Ratio Rank of FIBUX is 6868
Omega Ratio Rank
The Calmar Ratio Rank of FIBUX is 4747
Calmar Ratio Rank
The Martin Ratio Rank of FIBUX is 5959
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SCYB vs. FIBUX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab High Yield Bond ETF (SCYB) and Fidelity Flex U.S. Bond Index Fund (FIBUX). 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.


The current SCYB Sharpe Ratio is 1.51, which is higher than the FIBUX Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of SCYB and FIBUX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

SCYB vs. FIBUX - Dividend Comparison

SCYB's dividend yield for the trailing twelve months is around 7.14%, more than FIBUX's 3.76% yield.


TTM20242023202220212020201920182017
SCYB
Schwab High Yield Bond ETF
7.14%7.07%3.36%0.00%0.00%0.00%0.00%0.00%0.00%
FIBUX
Fidelity Flex U.S. Bond Index Fund
3.76%3.65%2.91%2.15%1.46%2.05%2.77%2.72%1.77%

Drawdowns

SCYB vs. FIBUX - Drawdown Comparison

The maximum SCYB drawdown since its inception was -4.92%, smaller than the maximum FIBUX drawdown of -19.46%. Use the drawdown chart below to compare losses from any high point for SCYB and FIBUX. For additional features, visit the drawdowns tool.


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Volatility

SCYB vs. FIBUX - Volatility Comparison

Schwab High Yield Bond ETF (SCYB) has a higher volatility of 1.69% compared to Fidelity Flex U.S. Bond Index Fund (FIBUX) at 1.39%. This indicates that SCYB's price experiences larger fluctuations and is considered to be riskier than FIBUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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