VTBIX vs. FFRHX
Compare and contrast key facts about Vanguard Total Bond Market II Index Fund Investor Shares (VTBIX) and Fidelity Floating Rate High Income Fund (FFRHX).
VTBIX is managed by Vanguard. FFRHX is managed by Fidelity. It was launched on Aug 16, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTBIX or FFRHX.
Key characteristics
| VTBIX | FFRHX | |
|---|---|---|
| YTD Return | 2.11% | 7.97% |
| 1Y Return | 8.81% | 9.98% |
| 3Y Return (Ann) | -2.50% | 6.32% |
| 5Y Return (Ann) | -0.30% | 5.64% |
| Sharpe Ratio | 1.36 | 3.83 |
| Sortino Ratio | 1.98 | 12.23 |
| Omega Ratio | 1.24 | 4.02 |
| Calmar Ratio | 0.47 | 11.41 |
| Martin Ratio | 4.77 | 60.36 |
| Ulcer Index | 1.65% | 0.16% |
| Daily Std Dev | 5.79% | 2.56% |
| Max Drawdown | -19.61% | -22.19% |
| Current Drawdown | -9.45% | 0.00% |
Correlation
The correlation between VTBIX and FFRHX is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
VTBIX vs. FFRHX - Performance Comparison
In the year-to-date period, VTBIX achieves a 2.11% return, which is significantly lower than FFRHX's 7.97% 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. FFRHX - Expense Ratio Comparison
VTBIX has a 0.09% expense ratio, which is lower than FFRHX's 0.67% expense ratio.
Risk-Adjusted Performance
VTBIX vs. FFRHX - 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 Floating Rate High Income Fund (FFRHX). 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. FFRHX - Dividend Comparison
VTBIX's dividend yield for the trailing twelve months is around 3.57%, less than FFRHX's 8.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTBIX Vanguard Total Bond Market II Index Fund Investor Shares | 3.57% | 3.04% | 2.37% | 1.76% | 2.18% | 2.72% | 2.51% | 2.43% | 2.38% | 0.00% | 0.00% | 0.00% |
FFRHX Fidelity Floating Rate High Income Fund | 8.38% | 8.25% | 5.06% | 3.27% | 3.85% | 5.17% | 4.75% | 4.01% | 3.94% | 4.25% | 4.00% | 3.46% |
Drawdowns
VTBIX vs. FFRHX - Drawdown Comparison
The maximum VTBIX drawdown since its inception was -19.61%, smaller than the maximum FFRHX drawdown of -22.19%. Use the drawdown chart below to compare losses from any high point for VTBIX and FFRHX. For additional features, visit the drawdowns tool.
Volatility
VTBIX vs. FFRHX - Volatility Comparison
Vanguard Total Bond Market II Index Fund Investor Shares (VTBIX) has a higher volatility of 1.71% compared to Fidelity Floating Rate High Income Fund (FFRHX) at 0.62%. This indicates that VTBIX's price experiences larger fluctuations and is considered to be riskier than FFRHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.