VGIT vs. FLDR
VGIT (Vanguard Intermediate-Term Treasury ETF) and FLDR (Fidelity Low Duration Bond Factor ETF) are both exchange-traded funds - VGIT is a Government Bonds fund tracking the Bloomberg U.S. Treasury 3-10 Year Index, while FLDR is a Corporate Bonds fund tracking the Fidelity Low Duration Investment Grade Factor Index. Both are passively managed. Over the past 5 years, VGIT returned 0.01%/yr vs 3.70%/yr for FLDR. A 0.54 correlation means they provide meaningful diversification when combined. VGIT charges 0.03%/yr vs 0.15%/yr for FLDR.
Performance
VGIT vs. FLDR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VGIT achieves a -0.29% return, which is significantly lower than FLDR's 1.58% return.
VGIT
- 1D
- -0.12%
- 1M
- 0.16%
- YTD
- -0.29%
- 6M
- 0.04%
- 1Y
- 3.43%
- 3Y*
- 3.69%
- 5Y*
- 0.01%
- 10Y*
- 1.20%
FLDR
- 1D
- 0.06%
- 1M
- 0.43%
- YTD
- 1.58%
- 6M
- 1.88%
- 1Y
- 4.76%
- 3Y*
- 5.36%
- 5Y*
- 3.70%
- 10Y*
- —
VGIT vs. FLDR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VGIT Vanguard Intermediate-Term Treasury ETF | -0.29% | 7.34% | 1.39% | 4.28% | -10.53% | -2.64% | 7.71% | 6.19% | 3.36% |
FLDR Fidelity Low Duration Bond Factor ETF | 1.58% | 5.41% | 5.71% | 6.32% | -0.33% | -0.18% | 2.01% | 4.52% | 0.84% |
Correlation
The correlation between VGIT and FLDR is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Jun 14, 2018 | 0.54 |
The correlation between VGIT and FLDR shifts across timeframes, from 0.54 (all time) to 0.73 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VGIT vs. FLDR — Risk / Return Rank
VGIT
FLDR
VGIT vs. FLDR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Treasury ETF (VGIT) and Fidelity Low Duration Bond Factor ETF (FLDR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VGIT | FLDR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.94 | ||
| Sortino ratioReturn per unit of downside risk | -8.52 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 2.73 | -1.56 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 10.19 | -9.06 |
| Martin ratioReturn relative to average drawdown | 3.18 | 69.63 | -66.45 |
Loading charts...
Drawdowns
VGIT vs. FLDR - Drawdown Comparison
The maximum VGIT drawdown since its inception was -16.05%, which is greater than FLDR's maximum drawdown of -12.23%. Use the drawdown chart below to compare losses from any high point for VGIT and FLDR.
Loading charts...
Drawdown Indicators
| VGIT | FLDR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.05% | -12.23% | -3.82% |
Max Drawdown (1Y)Largest decline over 1 year | -2.83% | -0.47% | -2.36% |
Max Drawdown (3Y)Largest decline over 3 years | -4.34% | -0.76% | -3.58% |
Max Drawdown (5Y)Largest decline over 5 years | -15.02% | -2.33% | -12.69% |
Max Drawdown (10Y)Largest decline over 10 years | -16.05% | — | — |
Current DrawdownCurrent decline from peak | -2.22% | 0.00% | -2.22% |
Average DrawdownAverage peak-to-trough decline | -3.52% | -0.35% | -3.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 0.07% | +0.94% |
Volatility
VGIT vs. FLDR - Volatility Comparison
Vanguard Intermediate-Term Treasury ETF (VGIT) has a higher volatility of 1.15% compared to Fidelity Low Duration Bond Factor ETF (FLDR) at 0.20%. This indicates that VGIT's price experiences larger fluctuations and is considered to be riskier than FLDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VGIT | FLDR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.15% | 0.20% | +0.95% |
Volatility (6M)Calculated over the trailing 6-month period | 2.40% | 0.59% | +1.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.34% | 0.81% | +2.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.38% | 1.21% | +4.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.50% | 5.25% | -0.75% |
VGIT vs. FLDR - Expense Ratio Comparison
VGIT has a 0.03% expense ratio, which is lower than FLDR's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VGIT vs. FLDR - Dividend Comparison
VGIT's dividend yield for the trailing twelve months is around 3.86%, less than FLDR's 4.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLDR Fidelity Low Duration Bond Factor ETF | 4.42% | 4.66% | 5.50% | 5.28% | 2.09% | 0.51% | 1.22% | 2.69% | 1.38% | 0.00% | 0.00% | 0.00% |
VGIT Vanguard Intermediate-Term Treasury ETF | 3.86% | 3.79% | 3.67% | 2.73% | 1.74% | 1.69% | 2.23% | 2.24% | 2.05% | 1.67% | 1.69% | 1.69% |
Frequently Asked Questions
VGIT and FLDR have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VGIT has higher volatility (1.15%) compared to FLDR (0.20%). In terms of maximum drawdown, VGIT dropped -16.05% vs FLDR's -12.23%.
On 5-year performance, FLDR leads with 3.70% vs 0.01% for VGIT. On fees, VGIT is cheaper at 0.03% per year. On volatility, FLDR has been the lower-risk option at 0.20%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, FLDR has performed better with a 3.70% return vs 0.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VGIT is cheaper with a 0.03% expense ratio, compared with 0.15% for FLDR.
FLDR has the higher dividend yield at 4.42%, compared with 3.86% for VGIT.
VGIT is categorized as Government Bonds, while FLDR is Corporate Bonds. VGIT tracks Bloomberg U.S. Treasury 3-10 Year Index, while FLDR tracks Fidelity Low Duration Investment Grade Factor Index. They also come from different issuers: Vanguard and Fidelity. Their fees differ too: 0.03% for VGIT and 0.15% for FLDR.
FLDR currently has the higher Sharpe Ratio (5.90 vs 0.96), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for VGIT and FLDR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer