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

Correlation

The correlation between VCORX and FHIGX is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

VCORX vs. FHIGX - Performance Comparison

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

10.00%12.00%14.00%16.00%18.00%JulyAugustSeptemberOctoberNovemberDecember
11.96%
15.41%
VCORX
FHIGX

Key characteristics

Sharpe Ratio

VCORX:

0.35

FHIGX:

0.38

Sortino Ratio

VCORX:

0.52

FHIGX:

0.54

Omega Ratio

VCORX:

1.06

FHIGX:

1.08

Calmar Ratio

VCORX:

0.14

FHIGX:

0.21

Martin Ratio

VCORX:

1.00

FHIGX:

1.39

Ulcer Index

VCORX:

1.82%

FHIGX:

0.96%

Daily Std Dev

VCORX:

5.24%

FHIGX:

3.43%

Max Drawdown

VCORX:

-19.06%

FHIGX:

-16.91%

Current Drawdown

VCORX:

-9.14%

FHIGX:

-3.98%

Returns By Period

In the year-to-date period, VCORX achieves a 1.51% return, which is significantly higher than FHIGX's 1.08% return.


VCORX

YTD

1.51%

1M

-0.45%

6M

1.32%

1Y

1.96%

5Y*

0.00%

10Y*

N/A

FHIGX

YTD

1.08%

1M

-1.22%

6M

0.48%

1Y

1.33%

5Y*

0.72%

10Y*

1.85%

Compare stocks, funds, or ETFs

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


VCORX vs. FHIGX - Expense Ratio Comparison

VCORX has a 0.20% expense ratio, which is lower than FHIGX's 0.45% expense ratio.


FHIGX
Fidelity Municipal Income Fund
Expense ratio chart for FHIGX: 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 VCORX: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

VCORX vs. FHIGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Core Bond Fund Investor Shares (VCORX) 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.


Sharpe ratio
The chart of Sharpe ratio for VCORX, currently valued at 0.35, compared to the broader market-1.000.001.002.003.004.000.350.38
The chart of Sortino ratio for VCORX, currently valued at 0.53, compared to the broader market-2.000.002.004.006.008.0010.000.530.54
The chart of Omega ratio for VCORX, currently valued at 1.06, compared to the broader market0.501.001.502.002.503.003.501.061.08
The chart of Calmar ratio for VCORX, currently valued at 0.14, compared to the broader market0.002.004.006.008.0010.0012.0014.000.140.21
The chart of Martin ratio for VCORX, currently valued at 1.01, compared to the broader market0.0020.0040.0060.001.011.39
VCORX
FHIGX

The current VCORX Sharpe Ratio is 0.35, which is comparable to the FHIGX Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of VCORX 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.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.35
0.38
VCORX
FHIGX

Dividends

VCORX vs. FHIGX - Dividend Comparison

VCORX's dividend yield for the trailing twelve months is around 3.75%, more than FHIGX's 2.73% yield.


TTM20232022202120202019201820172016201520142013
VCORX
Vanguard Core Bond Fund Investor Shares
3.75%3.99%2.91%1.11%1.65%2.92%2.99%2.09%1.59%0.00%0.00%0.00%
FHIGX
Fidelity Municipal Income Fund
2.73%2.84%2.72%2.40%2.58%2.79%2.99%3.05%3.40%3.43%3.51%3.91%

Drawdowns

VCORX vs. FHIGX - Drawdown Comparison

The maximum VCORX drawdown since its inception was -19.06%, which is greater than FHIGX's maximum drawdown of -16.91%. Use the drawdown chart below to compare losses from any high point for VCORX and FHIGX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%JulyAugustSeptemberOctoberNovemberDecember
-9.14%
-3.98%
VCORX
FHIGX

Volatility

VCORX vs. FHIGX - Volatility Comparison

Vanguard Core Bond Fund Investor Shares (VCORX) and Fidelity Municipal Income Fund (FHIGX) have volatilities of 1.36% and 1.32%, 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.


0.50%1.00%1.50%JulyAugustSeptemberOctoberNovemberDecember
1.36%
1.32%
VCORX
FHIGX
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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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