VTBIX vs. FBND
Compare and contrast key facts about Vanguard Total Bond Market II Index Fund Investor Shares (VTBIX) and Fidelity Total Bond ETF (FBND).
VTBIX is managed by Vanguard. 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: VTBIX or FBND.
Key characteristics
| VTBIX | FBND | |
|---|---|---|
| YTD Return | 1.35% | 2.33% |
| 1Y Return | 7.77% | 9.14% |
| 3Y Return (Ann) | -2.45% | -1.39% |
| 5Y Return (Ann) | -0.56% | 0.99% |
| Sharpe Ratio | 1.35 | 1.53 |
| Sortino Ratio | 1.99 | 2.25 |
| Omega Ratio | 1.24 | 1.28 |
| Calmar Ratio | 0.47 | 0.69 |
| Martin Ratio | 4.64 | 6.24 |
| Ulcer Index | 1.67% | 1.47% |
| Daily Std Dev | 5.75% | 6.00% |
| Max Drawdown | -19.61% | -17.25% |
| Current Drawdown | -10.12% | -5.34% |
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.
Performance
VTBIX vs. FBND - Performance Comparison
In the year-to-date period, VTBIX achieves a 1.35% return, which is significantly lower than FBND's 2.33% 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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VTBIX vs. FBND - Expense Ratio Comparison
VTBIX has a 0.09% expense ratio, which is lower than FBND's 0.36% expense ratio.
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.
Dividends
VTBIX vs. FBND - Dividend Comparison
VTBIX's dividend yield for the trailing twelve months is around 3.59%, less than FBND's 4.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
VTBIX Vanguard Total Bond Market II Index Fund Investor Shares | 3.59% | 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 | 4.60% | 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.
Volatility
VTBIX vs. FBND - Volatility Comparison
Vanguard Total Bond Market II Index Fund Investor Shares (VTBIX) has a higher volatility of 1.78% compared to Fidelity Total Bond ETF (FBND) at 1.67%. This indicates that VTBIX's price experiences larger fluctuations and is considered to be riskier than FBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.