VCOBX vs. FHIGX
Compare and contrast key facts about Vanguard Core Bond Fund Admiral Shares (VCOBX) and Fidelity Municipal Income Fund (FHIGX).
VCOBX is managed by Vanguard. It was launched on Mar 28, 2016. FHIGX is managed by Fidelity. It was launched on Dec 1, 1977.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VCOBX or FHIGX.
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
Key characteristics
VCOBX:
1.47
FHIGX:
0.22
VCOBX:
2.19
FHIGX:
0.32
VCOBX:
1.26
FHIGX:
1.06
VCOBX:
0.58
FHIGX:
0.17
VCOBX:
3.96
FHIGX:
0.76
VCOBX:
1.90%
FHIGX:
1.60%
VCOBX:
5.11%
FHIGX:
5.39%
VCOBX:
-18.91%
FHIGX:
-16.91%
VCOBX:
-5.92%
FHIGX:
-5.12%
Returns By Period
In the year-to-date period, VCOBX achieves a 2.83% return, which is significantly higher than FHIGX's -1.99% return.
VCOBX
2.83%
0.62%
2.08%
7.82%
-0.34%
N/A
FHIGX
-1.99%
-0.75%
-1.74%
1.21%
1.25%
1.63%
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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
VCOBX
FHIGX
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.
Dividends
VCOBX vs. FHIGX - Dividend Comparison
VCOBX's dividend yield for the trailing twelve months is around 4.70%, more than FHIGX's 3.04% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VCOBX Vanguard Core Bond Fund Admiral Shares | 4.70% | 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 | 3.04% | 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 -18.91%, which is greater than FHIGX's maximum drawdown of -16.91%. Use the drawdown chart below to compare losses from any high point for VCOBX and FHIGX. For additional features, visit the drawdowns tool.
Volatility
VCOBX vs. FHIGX - Volatility Comparison
The current volatility for Vanguard Core Bond Fund Admiral Shares (VCOBX) is 2.13%, while Fidelity Municipal Income Fund (FHIGX) has a volatility of 4.21%. 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.