USIBX vs. FBND
Compare and contrast key facts about USAA Intermediate Term Bond Fund (USIBX) and Fidelity Total Bond ETF (FBND).
USIBX is managed by Victory Capital. It was launched on Aug 2, 1999. 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: USIBX or FBND.
Key characteristics
| USIBX | FBND | |
|---|---|---|
| YTD Return | 3.44% | 3.10% |
| 1Y Return | 9.94% | 10.11% |
| 3Y Return (Ann) | -2.11% | -1.45% |
| 5Y Return (Ann) | 0.08% | 1.24% |
| 10Y Return (Ann) | 1.87% | 2.31% |
| Sharpe Ratio | 1.67 | 1.52 |
| Sortino Ratio | 2.45 | 2.23 |
| Omega Ratio | 1.30 | 1.28 |
| Calmar Ratio | 0.57 | 0.69 |
| Martin Ratio | 6.56 | 6.36 |
| Ulcer Index | 1.40% | 1.44% |
| Daily Std Dev | 5.51% | 6.02% |
| Max Drawdown | -20.24% | -17.25% |
| Current Drawdown | -7.63% | -4.63% |
Correlation
The correlation between USIBX and FBND is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
USIBX vs. FBND - Performance Comparison
In the year-to-date period, USIBX achieves a 3.44% return, which is significantly higher than FBND's 3.10% return. Over the past 10 years, USIBX has underperformed FBND with an annualized return of 1.87%, while FBND has yielded a comparatively higher 2.31% annualized 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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USIBX vs. FBND - Expense Ratio Comparison
USIBX has a 0.63% expense ratio, which is higher than FBND's 0.36% expense ratio.
Risk-Adjusted Performance
USIBX vs. FBND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Intermediate Term Bond Fund (USIBX) 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
USIBX vs. FBND - Dividend Comparison
USIBX's dividend yield for the trailing twelve months is around 4.43%, less than FBND's 4.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USIBX USAA Intermediate Term Bond Fund | 4.43% | 4.09% | 3.19% | 2.32% | 3.01% | 3.58% | 3.68% | 3.45% | 3.86% | 4.23% | 4.11% | 4.38% |
FBND Fidelity Total Bond ETF | 4.57% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% | 0.66% | 0.00% |
Drawdowns
USIBX vs. FBND - Drawdown Comparison
The maximum USIBX drawdown since its inception was -20.24%, which is greater than FBND's maximum drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for USIBX and FBND. For additional features, visit the drawdowns tool.
Volatility
USIBX vs. FBND - Volatility Comparison
USAA Intermediate Term Bond Fund (USIBX) has a higher volatility of 1.66% compared to Fidelity Total Bond ETF (FBND) at 1.56%. This indicates that USIBX's price experiences larger fluctuations and is considered to be riskier than FBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.