VBITX vs. FXNAX
Compare and contrast key facts about Vanguard Short-Term Bond Index Fund Institutional Shares (VBITX) and Fidelity U.S. Bond Index Fund (FXNAX).
VBITX is managed by Vanguard. It was launched on Sep 27, 2011. FXNAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VBITX or FXNAX.
Correlation
The correlation between VBITX and FXNAX is -0.13. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
VBITX vs. FXNAX - Performance Comparison
Key characteristics
VBITX:
2.50
FXNAX:
1.33
VBITX:
4.15
FXNAX:
1.98
VBITX:
1.54
FXNAX:
1.23
VBITX:
1.96
FXNAX:
0.49
VBITX:
9.97
FXNAX:
3.26
VBITX:
0.65%
FXNAX:
2.15%
VBITX:
2.60%
FXNAX:
5.30%
VBITX:
-8.88%
FXNAX:
-19.64%
VBITX:
-0.39%
FXNAX:
-8.50%
Returns By Period
The year-to-date returns for both stocks are quite close, with VBITX having a 1.79% return and FXNAX slightly lower at 1.76%. Over the past 10 years, VBITX has outperformed FXNAX with an annualized return of 1.65%, while FXNAX has yielded a comparatively lower 1.20% annualized return.
VBITX
1.79%
0.39%
2.13%
6.40%
1.02%
1.65%
FXNAX
1.76%
-0.19%
1.08%
6.59%
-1.23%
1.20%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VBITX vs. FXNAX - Expense Ratio Comparison
VBITX has a 0.05% expense ratio, which is higher than FXNAX's 0.03% 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
VBITX vs. FXNAX — Risk-Adjusted Performance Rank
VBITX
FXNAX
VBITX vs. FXNAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Bond Index Fund Institutional Shares (VBITX) and Fidelity U.S. Bond Index Fund (FXNAX). 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
VBITX vs. FXNAX - Dividend Comparison
VBITX's dividend yield for the trailing twelve months is around 3.19%, more than FXNAX's 3.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VBITX Vanguard Short-Term Bond Index Fund Institutional Shares | 3.19% | 3.40% | 2.41% | 1.47% | 1.20% | 1.81% | 2.27% | 2.04% | 1.55% | 1.51% | 1.35% | 1.23% |
FXNAX Fidelity U.S. Bond Index Fund | 3.13% | 3.40% | 2.92% | 2.41% | 1.81% | 2.10% | 2.69% | 2.74% | 2.52% | 2.52% | 2.69% | 2.59% |
Drawdowns
VBITX vs. FXNAX - Drawdown Comparison
The maximum VBITX drawdown since its inception was -8.88%, smaller than the maximum FXNAX drawdown of -19.64%. Use the drawdown chart below to compare losses from any high point for VBITX and FXNAX. For additional features, visit the drawdowns tool.
Volatility
VBITX vs. FXNAX - Volatility Comparison
The current volatility for Vanguard Short-Term Bond Index Fund Institutional Shares (VBITX) is 0.97%, while Fidelity U.S. Bond Index Fund (FXNAX) has a volatility of 2.00%. This indicates that VBITX experiences smaller price fluctuations and is considered to be less risky than FXNAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.