VCORX vs. FBND
Compare and contrast key facts about Vanguard Core Bond Fund Investor Shares (VCORX) and Fidelity Total Bond ETF (FBND).
VCORX is managed by Vanguard. It was launched on Mar 28, 2016. FBND is an actively managed fund by Fidelity. It was launched on Oct 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VCORX or FBND.
Key characteristics
| VCORX | FBND | |
|---|---|---|
| YTD Return | 2.76% | 3.10% |
| 1Y Return | 9.58% | 10.11% |
| 3Y Return (Ann) | -2.20% | -1.45% |
| 5Y Return (Ann) | 0.39% | 1.24% |
| Sharpe Ratio | 1.52 | 1.52 |
| Sortino Ratio | 2.26 | 2.23 |
| Omega Ratio | 1.27 | 1.28 |
| Calmar Ratio | 0.54 | 0.69 |
| Martin Ratio | 5.72 | 6.36 |
| Ulcer Index | 1.52% | 1.44% |
| Daily Std Dev | 5.72% | 6.02% |
| Max Drawdown | -19.06% | -17.25% |
| Current Drawdown | -8.01% | -4.63% |
Correlation
The correlation between VCORX and FBND is 0.87, 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.
Performance
VCORX vs. FBND - Performance Comparison
In the year-to-date period, VCORX achieves a 2.76% return, which is significantly lower than FBND's 3.10% return. 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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VCORX vs. FBND - Expense Ratio Comparison
VCORX has a 0.20% expense ratio, which is lower than FBND's 0.36% expense ratio.
Risk-Adjusted Performance
VCORX vs. FBND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Core Bond Fund Investor Shares (VCORX) and Fidelity Total Bond ETF (FBND). 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
VCORX vs. FBND - Dividend Comparison
VCORX's dividend yield for the trailing twelve months is around 4.47%, less than FBND's 4.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
VCORX Vanguard Core Bond Fund Investor Shares | 4.47% | 3.99% | 2.91% | 1.11% | 1.65% | 2.92% | 2.99% | 2.09% | 1.59% | 0.00% | 0.00% |
FBND Fidelity Total Bond ETF | 4.57% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% | 0.66% |
Drawdowns
VCORX vs. FBND - Drawdown Comparison
The maximum VCORX drawdown since its inception was -19.06%, which is greater than FBND's maximum drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for VCORX and FBND. For additional features, visit the drawdowns tool.
Volatility
VCORX vs. FBND - Volatility Comparison
Vanguard Core Bond Fund Investor Shares (VCORX) and Fidelity Total Bond ETF (FBND) have volatilities of 1.63% 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.