SDSI vs. FZOMX
Compare and contrast key facts about American Century Short Duration Strategic Income ETF (SDSI) and Fidelity SAI Short-Term Bond Fund (FZOMX).
SDSI is a passively managed fund by American Century that tracks the performance of the Bloomberg U.S. 1-3 Year Government/Credit Bond Index. It was launched on Oct 11, 2022. FZOMX is managed by Fidelity Investments. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SDSI or FZOMX.
Correlation
The correlation between SDSI and FZOMX is 0.05, 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
SDSI vs. FZOMX - Performance Comparison
Key characteristics
SDSI:
2.34
FZOMX:
2.69
SDSI:
3.33
FZOMX:
4.95
SDSI:
1.57
FZOMX:
1.71
SDSI:
4.64
FZOMX:
6.41
SDSI:
15.66
FZOMX:
16.98
SDSI:
0.38%
FZOMX:
0.35%
SDSI:
2.54%
FZOMX:
2.13%
SDSI:
-1.29%
FZOMX:
-5.93%
SDSI:
-0.32%
FZOMX:
-0.51%
Returns By Period
The year-to-date returns for both stocks are quite close, with SDSI having a 1.85% return and FZOMX slightly lower at 1.84%.
SDSI
1.85%
0.79%
2.28%
5.91%
N/A
N/A
FZOMX
1.84%
0.56%
2.46%
5.77%
N/A
N/A
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SDSI vs. FZOMX - Expense Ratio Comparison
SDSI has a 0.33% expense ratio, which is higher than FZOMX's 0.30% expense ratio.
Risk-Adjusted Performance
SDSI vs. FZOMX — Risk-Adjusted Performance Rank
SDSI
FZOMX
SDSI vs. FZOMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Short Duration Strategic Income ETF (SDSI) and Fidelity SAI Short-Term Bond Fund (FZOMX). 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
SDSI vs. FZOMX - Dividend Comparison
SDSI's dividend yield for the trailing twelve months is around 5.37%, more than FZOMX's 4.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
SDSI American Century Short Duration Strategic Income ETF | 5.37% | 5.49% | 5.37% | 0.98% | 0.00% | 0.00% |
FZOMX Fidelity SAI Short-Term Bond Fund | 4.35% | 4.28% | 3.27% | 1.00% | 0.43% | 0.16% |
Drawdowns
SDSI vs. FZOMX - Drawdown Comparison
The maximum SDSI drawdown since its inception was -1.29%, smaller than the maximum FZOMX drawdown of -5.93%. Use the drawdown chart below to compare losses from any high point for SDSI and FZOMX. For additional features, visit the drawdowns tool.
Volatility
SDSI vs. FZOMX - Volatility Comparison
American Century Short Duration Strategic Income ETF (SDSI) has a higher volatility of 1.50% compared to Fidelity SAI Short-Term Bond Fund (FZOMX) at 0.75%. This indicates that SDSI's price experiences larger fluctuations and is considered to be riskier than FZOMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.