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VBTLX vs. FTBFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VBTLX and FTBFX is 0.91, 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.


-0.50.00.51.00.9

Performance

VBTLX vs. FTBFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) and Fidelity Total Bond Fund (FTBFX). The values are adjusted to include any dividend payments, if applicable.

90.00%100.00%110.00%120.00%130.00%140.00%JulyAugustSeptemberOctoberNovemberDecember
92.96%
128.98%
VBTLX
FTBFX

Key characteristics

Sharpe Ratio

VBTLX:

0.25

FTBFX:

0.39

Sortino Ratio

VBTLX:

0.38

FTBFX:

0.58

Omega Ratio

VBTLX:

1.05

FTBFX:

1.07

Calmar Ratio

VBTLX:

0.10

FTBFX:

0.19

Martin Ratio

VBTLX:

0.69

FTBFX:

1.25

Ulcer Index

VBTLX:

1.95%

FTBFX:

1.65%

Daily Std Dev

VBTLX:

5.44%

FTBFX:

5.30%

Max Drawdown

VBTLX:

-19.05%

FTBFX:

-18.19%

Current Drawdown

VBTLX:

-9.74%

FTBFX:

-6.17%

Returns By Period

In the year-to-date period, VBTLX achieves a 0.84% return, which is significantly lower than FTBFX's 2.48% return. Over the past 10 years, VBTLX has underperformed FTBFX with an annualized return of 1.31%, while FTBFX has yielded a comparatively higher 1.97% annualized return.


VBTLX

YTD

0.84%

1M

-0.52%

6M

1.12%

1Y

1.45%

5Y*

-0.41%

10Y*

1.31%

FTBFX

YTD

2.48%

1M

-0.74%

6M

1.29%

1Y

2.69%

5Y*

0.32%

10Y*

1.97%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VBTLX vs. FTBFX - Expense Ratio Comparison

VBTLX has a 0.05% expense ratio, which is lower than FTBFX's 0.45% expense ratio.


FTBFX
Fidelity Total Bond Fund
Expense ratio chart for FTBFX: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%
Expense ratio chart for VBTLX: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Risk-Adjusted Performance

VBTLX vs. FTBFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) and Fidelity Total Bond Fund (FTBFX). 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.


Sharpe ratio
The chart of Sharpe ratio for VBTLX, currently valued at 0.15, compared to the broader market-1.000.001.002.003.004.000.150.39
The chart of Sortino ratio for VBTLX, currently valued at 0.25, compared to the broader market-2.000.002.004.006.008.0010.000.250.58
The chart of Omega ratio for VBTLX, currently valued at 1.03, compared to the broader market0.501.001.502.002.503.003.501.031.07
The chart of Calmar ratio for VBTLX, currently valued at 0.06, compared to the broader market0.002.004.006.008.0010.0012.0014.000.060.19
The chart of Martin ratio for VBTLX, currently valued at 0.42, compared to the broader market0.0020.0040.0060.000.421.25
VBTLX
FTBFX

The current VBTLX Sharpe Ratio is 0.25, which is lower than the FTBFX Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of VBTLX and FTBFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.15
0.39
VBTLX
FTBFX

Dividends

VBTLX vs. FTBFX - Dividend Comparison

VBTLX's dividend yield for the trailing twelve months is around 3.34%, less than FTBFX's 4.27% yield.


TTM20232022202120202019201820172016201520142013
VBTLX
Vanguard Total Bond Market Index Fund Admiral Shares
3.34%3.11%2.51%1.90%2.23%2.74%2.78%2.51%2.49%2.48%2.55%2.56%
FTBFX
Fidelity Total Bond Fund
4.27%4.15%3.34%2.19%2.53%2.95%3.19%2.74%2.95%3.71%2.99%3.91%

Drawdowns

VBTLX vs. FTBFX - Drawdown Comparison

The maximum VBTLX drawdown since its inception was -19.05%, roughly equal to the maximum FTBFX drawdown of -18.19%. Use the drawdown chart below to compare losses from any high point for VBTLX and FTBFX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%JulyAugustSeptemberOctoberNovemberDecember
-9.74%
-6.17%
VBTLX
FTBFX

Volatility

VBTLX vs. FTBFX - Volatility Comparison

Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) and Fidelity Total Bond Fund (FTBFX) have volatilities of 1.55% and 1.56%, 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.


1.00%1.20%1.40%1.60%1.80%2.00%JulyAugustSeptemberOctoberNovemberDecember
1.55%
1.56%
VBTLX
FTBFX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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