VLCIX vs. FNBGX
Compare and contrast key facts about Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX) and Fidelity Long-Term Treasury Bond Index Fund (FNBGX).
VLCIX is managed by Vanguard. It was launched on Nov 19, 2009. FNBGX is managed by Fidelity. It was launched on Dec 20, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLCIX or FNBGX.
Correlation
The correlation between VLCIX and FNBGX is 0.91, 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
VLCIX vs. FNBGX - Performance Comparison
Key characteristics
VLCIX:
0.30
FNBGX:
0.07
VLCIX:
0.49
FNBGX:
0.18
VLCIX:
1.06
FNBGX:
1.02
VLCIX:
0.12
FNBGX:
0.02
VLCIX:
0.75
FNBGX:
0.14
VLCIX:
3.88%
FNBGX:
6.12%
VLCIX:
9.83%
FNBGX:
12.43%
VLCIX:
-34.55%
FNBGX:
-47.77%
VLCIX:
-19.86%
FNBGX:
-40.78%
Returns By Period
In the year-to-date period, VLCIX achieves a 1.27% return, which is significantly higher than FNBGX's 1.09% return.
VLCIX
1.27%
1.51%
-3.85%
3.12%
-2.77%
2.20%
FNBGX
1.09%
1.65%
-7.64%
0.23%
-7.12%
N/A
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VLCIX vs. FNBGX - Expense Ratio Comparison
VLCIX has a 0.05% expense ratio, which is higher than FNBGX's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
VLCIX vs. FNBGX — Risk-Adjusted Performance Rank
VLCIX
FNBGX
VLCIX vs. FNBGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX) and Fidelity Long-Term Treasury Bond Index Fund (FNBGX). 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
VLCIX vs. FNBGX - Dividend Comparison
VLCIX's dividend yield for the trailing twelve months is around 5.15%, more than FNBGX's 3.75% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLCIX Vanguard Long-Term Corporate Bond Index Fund Institutional Shares | 5.15% | 5.18% | 4.68% | 4.43% | 3.06% | 3.17% | 3.83% | 4.58% | 4.03% | 4.39% | 4.73% | 4.35% |
FNBGX Fidelity Long-Term Treasury Bond Index Fund | 3.75% | 3.76% | 3.20% | 3.00% | 2.05% | 2.13% | 2.64% | 2.95% | 0.69% | 0.00% | 0.00% | 0.00% |
Drawdowns
VLCIX vs. FNBGX - Drawdown Comparison
The maximum VLCIX drawdown since its inception was -34.55%, smaller than the maximum FNBGX drawdown of -47.77%. Use the drawdown chart below to compare losses from any high point for VLCIX and FNBGX. For additional features, visit the drawdowns tool.
Volatility
VLCIX vs. FNBGX - Volatility Comparison
The current volatility for Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX) is 2.76%, while Fidelity Long-Term Treasury Bond Index Fund (FNBGX) has a volatility of 3.43%. This indicates that VLCIX experiences smaller price fluctuations and is considered to be less risky than FNBGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.