VBISX vs. FIPDX
Compare and contrast key facts about Vanguard Short-Term Bond Index Fund (VBISX) and Fidelity Inflation-Protected Bond Index Fund (FIPDX).
VBISX is managed by Vanguard. It was launched on Mar 1, 1994. FIPDX is managed by Fidelity. It was launched on May 16, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VBISX or FIPDX.
Key characteristics
| VBISX | FIPDX | |
|---|---|---|
| YTD Return | 3.05% | 2.44% |
| 1Y Return | 5.42% | 5.56% |
| 3Y Return (Ann) | 0.50% | -2.32% |
| 5Y Return (Ann) | 1.08% | 1.54% |
| 10Y Return (Ann) | 1.41% | 1.37% |
| Sharpe Ratio | 2.10 | 1.16 |
| Sortino Ratio | 3.34 | 1.72 |
| Omega Ratio | 1.43 | 1.21 |
| Calmar Ratio | 1.21 | 0.45 |
| Martin Ratio | 9.58 | 5.14 |
| Ulcer Index | 0.63% | 1.08% |
| Daily Std Dev | 2.88% | 4.86% |
| Max Drawdown | -8.98% | -14.29% |
| Current Drawdown | -1.46% | -7.04% |
Correlation
The correlation between VBISX and FIPDX is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VBISX vs. FIPDX - Performance Comparison
In the year-to-date period, VBISX achieves a 3.05% return, which is significantly higher than FIPDX's 2.44% return. Both investments have delivered pretty close results over the past 10 years, with VBISX having a 1.41% annualized return and FIPDX not far behind at 1.37%. 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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VBISX vs. FIPDX - Expense Ratio Comparison
VBISX has a 0.15% expense ratio, which is higher than FIPDX's 0.05% 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
VBISX vs. FIPDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Bond Index Fund (VBISX) and Fidelity Inflation-Protected Bond Index Fund (FIPDX). 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
VBISX vs. FIPDX - Dividend Comparison
VBISX's dividend yield for the trailing twelve months is around 3.17%, less than FIPDX's 5.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBISX Vanguard Short-Term Bond Index Fund | 3.17% | 2.34% | 1.37% | 1.10% | 1.72% | 2.16% | 1.93% | 1.58% | 1.41% | 1.25% | 1.12% | 1.11% |
FIPDX Fidelity Inflation-Protected Bond Index Fund | 5.50% | 3.59% | 8.87% | 4.76% | 0.24% | 0.41% | 0.39% | 0.09% | 0.08% | 0.11% | 1.10% | 0.66% |
Drawdowns
VBISX vs. FIPDX - Drawdown Comparison
The maximum VBISX drawdown since its inception was -8.98%, smaller than the maximum FIPDX drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for VBISX and FIPDX. For additional features, visit the drawdowns tool.
Volatility
VBISX vs. FIPDX - Volatility Comparison
The current volatility for Vanguard Short-Term Bond Index Fund (VBISX) is 0.70%, while Fidelity Inflation-Protected Bond Index Fund (FIPDX) has a volatility of 1.30%. This indicates that VBISX experiences smaller price fluctuations and is considered to be less risky than FIPDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.