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VTBIX vs. FBND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VTBIX and FBND is 0.84, 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.


-0.50.00.51.00.8

Performance

VTBIX vs. FBND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total Bond Market II Index Fund Investor Shares (VTBIX) and Fidelity Total Bond ETF (FBND). The values are adjusted to include any dividend payments, if applicable.

10.00%15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
9.88%
27.02%
VTBIX
FBND

Key characteristics

Sharpe Ratio

VTBIX:

0.34

FBND:

0.59

Sortino Ratio

VTBIX:

0.51

FBND:

0.84

Omega Ratio

VTBIX:

1.06

FBND:

1.10

Calmar Ratio

VTBIX:

0.13

FBND:

0.31

Martin Ratio

VTBIX:

0.96

FBND:

1.93

Ulcer Index

VTBIX:

1.92%

FBND:

1.67%

Daily Std Dev

VTBIX:

5.36%

FBND:

5.50%

Max Drawdown

VTBIX:

-19.61%

FBND:

-17.25%

Current Drawdown

VTBIX:

-10.50%

FBND:

-5.42%

Returns By Period

In the year-to-date period, VTBIX achieves a 0.92% return, which is significantly lower than FBND's 2.25% return.


VTBIX

YTD

0.92%

1M

-0.42%

6M

0.92%

1Y

1.74%

5Y*

-0.67%

10Y*

N/A

FBND

YTD

2.25%

1M

-0.13%

6M

1.48%

1Y

2.93%

5Y*

0.83%

10Y*

2.26%

Compare stocks, funds, or ETFs

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


VTBIX vs. FBND - Expense Ratio Comparison

VTBIX has a 0.09% expense ratio, which is lower than FBND's 0.36% expense ratio.


FBND
Fidelity Total Bond ETF
Expense ratio chart for FBND: current value at 0.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.36%
Expense ratio chart for VTBIX: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

VTBIX vs. FBND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market II Index Fund Investor Shares (VTBIX) 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.


Sharpe ratio
The chart of Sharpe ratio for VTBIX, currently valued at 0.34, compared to the broader market-1.000.001.002.003.004.000.340.59
The chart of Sortino ratio for VTBIX, currently valued at 0.51, compared to the broader market-2.000.002.004.006.008.0010.000.510.84
The chart of Omega ratio for VTBIX, currently valued at 1.06, compared to the broader market0.501.001.502.002.503.003.501.061.10
The chart of Calmar ratio for VTBIX, currently valued at 0.13, compared to the broader market0.005.0010.0015.000.130.31
The chart of Martin ratio for VTBIX, currently valued at 0.96, compared to the broader market0.0020.0040.0060.000.961.93
VTBIX
FBND

The current VTBIX Sharpe Ratio is 0.34, which is lower than the FBND Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of VTBIX and FBND, 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 Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.34
0.59
VTBIX
FBND

Dividends

VTBIX vs. FBND - Dividend Comparison

VTBIX's dividend yield for the trailing twelve months is around 3.33%, less than FBND's 4.58% yield.


TTM2023202220212020201920182017201620152014
VTBIX
Vanguard Total Bond Market II Index Fund Investor Shares
3.33%3.04%2.37%1.76%2.18%2.72%2.51%2.43%2.38%0.00%0.00%
FBND
Fidelity Total Bond ETF
4.58%4.26%3.07%1.86%4.25%2.90%2.93%2.56%2.84%3.26%0.66%

Drawdowns

VTBIX vs. FBND - Drawdown Comparison

The maximum VTBIX drawdown since its inception was -19.61%, which is greater than FBND's maximum drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for VTBIX and FBND. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%JulyAugustSeptemberOctoberNovemberDecember
-10.50%
-5.42%
VTBIX
FBND

Volatility

VTBIX vs. FBND - Volatility Comparison

The current volatility for Vanguard Total Bond Market II Index Fund Investor Shares (VTBIX) is 1.43%, while Fidelity Total Bond ETF (FBND) has a volatility of 1.58%. This indicates that VTBIX experiences smaller price fluctuations and is considered to be less risky than FBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.80%1.00%1.20%1.40%1.60%1.80%JulyAugustSeptemberOctoberNovemberDecember
1.43%
1.58%
VTBIX
FBND
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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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