VTBNX vs. FEPIX
Compare and contrast key facts about Vanguard Total Bond Market II Index Fund (VTBNX) and Fidelity Total Bond Fund (FEPIX).
VTBNX is managed by Vanguard. FEPIX is managed by Fidelity.
Performance
VTBNX vs. FEPIX - Performance Comparison
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VTBNX vs. FEPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTBNX Vanguard Total Bond Market II Index Fund | -0.60% | 7.18% | 1.32% | 5.68% | -13.12% | -1.82% | 7.39% | 8.71% | -0.27% | 3.62% |
FEPIX Fidelity Total Bond Fund | -0.50% | 7.45% | 1.71% | 6.79% | -13.55% | -0.46% | 9.29% | 9.83% | -0.82% | 4.24% |
Returns By Period
In the year-to-date period, VTBNX achieves a -0.60% return, which is significantly lower than FEPIX's -0.50% return. Over the past 10 years, VTBNX has underperformed FEPIX with an annualized return of 1.56%, while FEPIX has yielded a comparatively higher 2.43% annualized return.
VTBNX
- 1D
- 0.42%
- 1M
- -2.26%
- YTD
- -0.60%
- 6M
- 0.40%
- 1Y
- 3.62%
- 3Y*
- 3.40%
- 5Y*
- 0.22%
- 10Y*
- 1.56%
FEPIX
- 1D
- 0.53%
- 1M
- -2.35%
- YTD
- -0.50%
- 6M
- 0.44%
- 1Y
- 4.14%
- 3Y*
- 3.99%
- 5Y*
- 0.60%
- 10Y*
- 2.43%
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VTBNX vs. FEPIX - Expense Ratio Comparison
VTBNX has a 0.02% expense ratio, which is lower than FEPIX's 0.50% expense ratio.
Return for Risk
VTBNX vs. FEPIX — Risk / Return Rank
VTBNX
FEPIX
VTBNX vs. FEPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market II Index Fund (VTBNX) and Fidelity Total Bond Fund (FEPIX). 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.
| VTBNX | FEPIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.98 | 1.07 | -0.09 |
Sortino ratioReturn per unit of downside risk | 1.41 | 1.53 | -0.12 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.18 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.77 | 1.81 | -0.03 |
Martin ratioReturn relative to average drawdown | 5.02 | 5.50 | -0.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VTBNX | FEPIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 1.07 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | 0.11 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | 0.52 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.89 | -0.53 |
Correlation
The correlation between VTBNX and FEPIX is 0.94, 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.
Dividends
VTBNX vs. FEPIX - Dividend Comparison
VTBNX's dividend yield for the trailing twelve months is around 3.68%, less than FEPIX's 3.97% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTBNX Vanguard Total Bond Market II Index Fund | 3.68% | 3.95% | 3.77% | 3.13% | 2.54% | 1.82% | 3.12% | 2.79% | 2.56% | 2.52% | 2.55% | 0.00% |
FEPIX Fidelity Total Bond Fund | 3.97% | 4.31% | 3.74% | 3.74% | 2.49% | 1.87% | 5.17% | 2.97% | 3.14% | 2.92% | 3.55% | 3.25% |
Drawdowns
VTBNX vs. FEPIX - Drawdown Comparison
The maximum VTBNX drawdown since its inception was -18.71%, roughly equal to the maximum FEPIX drawdown of -18.40%. Use the drawdown chart below to compare losses from any high point for VTBNX and FEPIX.
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Drawdown Indicators
| VTBNX | FEPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.71% | -18.40% | -0.31% |
Max Drawdown (1Y)Largest decline over 1 year | -2.67% | -2.86% | +0.19% |
Max Drawdown (5Y)Largest decline over 5 years | -18.05% | -18.40% | +0.35% |
Max Drawdown (10Y)Largest decline over 10 years | -18.71% | -18.40% | -0.31% |
Current DrawdownCurrent decline from peak | -3.11% | -2.35% | -0.76% |
Average DrawdownAverage peak-to-trough decline | -4.91% | -2.48% | -2.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | 0.94% | 0.00% |
Volatility
VTBNX vs. FEPIX - Volatility Comparison
Vanguard Total Bond Market II Index Fund (VTBNX) and Fidelity Total Bond Fund (FEPIX) have volatilities of 1.52% and 1.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VTBNX | FEPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.52% | 1.58% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 2.54% | 2.62% | -0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.32% | 4.37% | -0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.92% | 5.65% | +0.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.91% | 4.71% | +0.20% |