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VCOBX vs. FHIGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VCOBX and FHIGX is -0.01. 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

VCOBX vs. FHIGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Core Bond Fund Admiral Shares (VCOBX) and Fidelity Municipal Income Fund (FHIGX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

VCOBX:

1.13

FHIGX:

0.07

Sortino Ratio

VCOBX:

1.67

FHIGX:

0.15

Omega Ratio

VCOBX:

1.20

FHIGX:

1.03

Calmar Ratio

VCOBX:

0.48

FHIGX:

0.07

Martin Ratio

VCOBX:

2.99

FHIGX:

0.27

Ulcer Index

VCOBX:

1.91%

FHIGX:

1.73%

Daily Std Dev

VCOBX:

5.09%

FHIGX:

5.37%

Max Drawdown

VCOBX:

-18.90%

FHIGX:

-34.85%

Current Drawdown

VCOBX:

-6.39%

FHIGX:

-4.56%

Returns By Period

In the year-to-date period, VCOBX achieves a 2.31% return, which is significantly higher than FHIGX's -1.41% return.


VCOBX

YTD

2.31%

1M

1.01%

6M

1.35%

1Y

5.94%

5Y*

-0.39%

10Y*

N/A

FHIGX

YTD

-1.41%

1M

0.68%

6M

-1.57%

1Y

0.47%

5Y*

1.26%

10Y*

1.76%

*Annualized

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VCOBX vs. FHIGX - Expense Ratio Comparison

VCOBX has a 0.10% expense ratio, which is lower than FHIGX's 0.45% expense ratio.


Risk-Adjusted Performance

VCOBX vs. FHIGX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VCOBX
The Risk-Adjusted Performance Rank of VCOBX is 7878
Overall Rank
The Sharpe Ratio Rank of VCOBX is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of VCOBX is 8585
Sortino Ratio Rank
The Omega Ratio Rank of VCOBX is 8282
Omega Ratio Rank
The Calmar Ratio Rank of VCOBX is 6464
Calmar Ratio Rank
The Martin Ratio Rank of VCOBX is 7676
Martin Ratio Rank

FHIGX
The Risk-Adjusted Performance Rank of FHIGX is 2626
Overall Rank
The Sharpe Ratio Rank of FHIGX is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of FHIGX is 2323
Sortino Ratio Rank
The Omega Ratio Rank of FHIGX is 2525
Omega Ratio Rank
The Calmar Ratio Rank of FHIGX is 2828
Calmar Ratio Rank
The Martin Ratio Rank of FHIGX is 2828
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VCOBX vs. FHIGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Core Bond Fund Admiral Shares (VCOBX) and Fidelity Municipal Income Fund (FHIGX). 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.


The current VCOBX Sharpe Ratio is 1.13, which is higher than the FHIGX Sharpe Ratio of 0.07. The chart below compares the historical Sharpe Ratios of VCOBX and FHIGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

VCOBX vs. FHIGX - Dividend Comparison

VCOBX's dividend yield for the trailing twelve months is around 4.75%, more than FHIGX's 2.77% yield.


TTM20242023202220212020201920182017201620152014
VCOBX
Vanguard Core Bond Fund Admiral Shares
4.75%4.66%4.10%3.02%1.22%1.80%3.09%3.11%2.20%1.68%0.00%0.00%
FHIGX
Fidelity Municipal Income Fund
2.77%2.96%2.84%2.72%2.40%2.58%2.79%2.99%3.05%3.40%3.43%3.51%

Drawdowns

VCOBX vs. FHIGX - Drawdown Comparison

The maximum VCOBX drawdown since its inception was -18.90%, smaller than the maximum FHIGX drawdown of -34.85%. Use the drawdown chart below to compare losses from any high point for VCOBX and FHIGX. For additional features, visit the drawdowns tool.


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Volatility

VCOBX vs. FHIGX - Volatility Comparison

The current volatility for Vanguard Core Bond Fund Admiral Shares (VCOBX) is 1.59%, while Fidelity Municipal Income Fund (FHIGX) has a volatility of 2.80%. This indicates that VCOBX experiences smaller price fluctuations and is considered to be less risky than FHIGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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