URINX vs. FBND
Compare and contrast key facts about USAA Target Retirement Income Fund (URINX) and Fidelity Total Bond ETF (FBND).
URINX is managed by Victory Capital. It was launched on Jul 30, 2008. FBND is an actively managed fund by Fidelity. It was launched on Oct 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: URINX or FBND.
Key characteristics
| URINX | FBND | |
|---|---|---|
| YTD Return | 8.06% | 5.30% |
| 1Y Return | 14.03% | 11.16% |
| 3Y Return (Ann) | 2.74% | -0.78% |
| 5Y Return (Ann) | 4.95% | 1.61% |
| Sharpe Ratio | 2.55 | 1.65 |
| Daily Std Dev | 5.47% | 6.60% |
| Max Drawdown | -15.27% | -17.25% |
| Current Drawdown | -0.18% | -2.60% |
Correlation
The correlation between URINX and FBND is 0.35, 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
URINX vs. FBND - Performance Comparison
In the year-to-date period, URINX achieves a 8.06% return, which is significantly higher than FBND's 5.30% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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URINX vs. FBND - Expense Ratio Comparison
URINX has a 0.04% expense ratio, which is lower than FBND's 0.36% expense ratio.
Risk-Adjusted Performance
URINX vs. FBND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Target Retirement Income Fund (URINX) and Fidelity Total Bond ETF (FBND). 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
URINX vs. FBND - Dividend Comparison
URINX's dividend yield for the trailing twelve months is around 4.07%, less than FBND's 4.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
URINX USAA Target Retirement Income Fund | 3.36% | 3.48% | 6.63% | 6.66% | 3.97% | 6.37% | 6.11% | 5.68% | 3.34% | 4.54% | 3.52% | 2.48% |
FBND Fidelity Total Bond ETF | 4.47% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% | 0.66% | 0.00% |
Drawdowns
URINX vs. FBND - Drawdown Comparison
The maximum URINX drawdown since its inception was -15.27%, smaller than the maximum FBND drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for URINX and FBND. For additional features, visit the drawdowns tool.
Volatility
URINX vs. FBND - Volatility Comparison
USAA Target Retirement Income Fund (URINX) and Fidelity Total Bond ETF (FBND) have volatilities of 1.19% and 1.17%, 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.