VTBNX vs. FJTDX
Compare and contrast key facts about Vanguard Total Bond Market II Index Fund (VTBNX) and Fidelity Flex Conservative Income Bond Fund (FJTDX).
VTBNX is managed by Vanguard. FJTDX is managed by Fidelity. It was launched on May 31, 2018.
Performance
VTBNX vs. FJTDX - Performance Comparison
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VTBNX vs. FJTDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VTBNX Vanguard Total Bond Market II Index Fund | -0.39% | 7.18% | 1.32% | 5.68% | -13.12% | -1.82% | 7.39% | 8.71% | 1.08% |
FJTDX Fidelity Flex Conservative Income Bond Fund | 0.55% | 4.75% | 5.69% | 5.48% | 1.00% | 0.16% | 1.57% | 3.20% | 0.50% |
Returns By Period
In the year-to-date period, VTBNX achieves a -0.39% return, which is significantly lower than FJTDX's 0.55% return.
VTBNX
- 1D
- 0.21%
- 1M
- -1.65%
- YTD
- -0.39%
- 6M
- 0.40%
- 1Y
- 3.62%
- 3Y*
- 3.47%
- 5Y*
- 0.19%
- 10Y*
- 1.58%
FJTDX
- 1D
- 0.00%
- 1M
- -0.10%
- YTD
- 0.55%
- 6M
- 1.62%
- 1Y
- 4.10%
- 3Y*
- 5.05%
- 5Y*
- 3.49%
- 10Y*
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VTBNX vs. FJTDX - Expense Ratio Comparison
VTBNX has a 0.02% expense ratio, which is higher than FJTDX's 0.00% 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%.
Return for Risk
VTBNX vs. FJTDX — Risk / Return Rank
VTBNX
FJTDX
VTBNX vs. FJTDX - 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 Flex Conservative Income Bond Fund (FJTDX). 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 | FJTDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.90 | 3.21 | -2.31 |
Sortino ratioReturn per unit of downside risk | 1.30 | 11.70 | -10.40 |
Omega ratioGain probability vs. loss probability | 1.16 | 4.96 | -3.81 |
Calmar ratioReturn relative to maximum drawdown | 1.65 | 15.13 | -13.48 |
Martin ratioReturn relative to average drawdown | 4.63 | 67.60 | -62.98 |
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 | FJTDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 3.21 | -2.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | 2.49 | -2.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 2.37 | -2.00 |
Correlation
The correlation between VTBNX and FJTDX is 0.29, 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.
Dividends
VTBNX vs. FJTDX - Dividend Comparison
VTBNX's dividend yield for the trailing twelve months is around 3.68%, less than FJTDX's 4.11% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
FJTDX Fidelity Flex Conservative Income Bond Fund | 4.11% | 4.63% | 5.42% | 4.70% | 1.39% | 0.36% | 1.45% | 2.65% | 1.17% | 0.00% | 0.00% |
Drawdowns
VTBNX vs. FJTDX - Drawdown Comparison
The maximum VTBNX drawdown since its inception was -18.71%, which is greater than FJTDX's maximum drawdown of -1.90%. Use the drawdown chart below to compare losses from any high point for VTBNX and FJTDX.
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Drawdown Indicators
| VTBNX | FJTDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.71% | -1.90% | -16.81% |
Max Drawdown (1Y)Largest decline over 1 year | -2.67% | -0.30% | -2.37% |
Max Drawdown (5Y)Largest decline over 5 years | -18.05% | -0.90% | -17.15% |
Max Drawdown (10Y)Largest decline over 10 years | -18.71% | — | — |
Current DrawdownCurrent decline from peak | -2.91% | -0.10% | -2.81% |
Average DrawdownAverage peak-to-trough decline | -4.91% | -0.08% | -4.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 0.07% | +0.88% |
Volatility
VTBNX vs. FJTDX - Volatility Comparison
Vanguard Total Bond Market II Index Fund (VTBNX) has a higher volatility of 1.52% compared to Fidelity Flex Conservative Income Bond Fund (FJTDX) at 0.10%. This indicates that VTBNX's price experiences larger fluctuations and is considered to be riskier than FJTDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VTBNX | FJTDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.52% | 0.10% | +1.42% |
Volatility (6M)Calculated over the trailing 6-month period | 2.54% | 0.87% | +1.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.31% | 1.35% | +2.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.92% | 1.41% | +4.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.91% | 1.27% | +3.64% |