WATFX vs. FDFAX
Compare and contrast key facts about Western Asset Core Bond Fund (WATFX) and Fidelity Select Consumer Staples Portfolio (FDFAX).
WATFX is managed by Franklin Templeton. It was launched on Sep 4, 1990. FDFAX is managed by Fidelity Investments. It was launched on Jul 28, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WATFX or FDFAX.
Key characteristics
| WATFX | FDFAX | |
|---|---|---|
| YTD Return | 1.65% | 6.13% |
| 1Y Return | 9.65% | 8.34% |
| 3Y Return (Ann) | -3.93% | 1.59% |
| 5Y Return (Ann) | -1.08% | 4.14% |
| 10Y Return (Ann) | 1.40% | 2.09% |
| Sharpe Ratio | 1.31 | 0.72 |
| Sortino Ratio | 1.95 | 1.08 |
| Omega Ratio | 1.24 | 1.13 |
| Calmar Ratio | 0.11 | 0.91 |
| Martin Ratio | 4.53 | 3.19 |
| Ulcer Index | 1.92% | 2.54% |
| Daily Std Dev | 6.60% | 11.30% |
| Max Drawdown | -90.39% | -38.01% |
| Current Drawdown | -75.23% | -5.25% |
Correlation
The correlation between WATFX and FDFAX is 0.03, 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
WATFX vs. FDFAX - Performance Comparison
In the year-to-date period, WATFX achieves a 1.65% return, which is significantly lower than FDFAX's 6.13% return. Over the past 10 years, WATFX has underperformed FDFAX with an annualized return of 1.40%, while FDFAX has yielded a comparatively higher 2.09% annualized 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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WATFX vs. FDFAX - Expense Ratio Comparison
WATFX has a 0.46% expense ratio, which is lower than FDFAX's 0.73% expense ratio.
Risk-Adjusted Performance
WATFX vs. FDFAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset Core Bond Fund (WATFX) and Fidelity Select Consumer Staples Portfolio (FDFAX). 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
WATFX vs. FDFAX - Dividend Comparison
WATFX's dividend yield for the trailing twelve months is around 4.07%, more than FDFAX's 2.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WATFX Western Asset Core Bond Fund | 4.07% | 3.70% | 2.91% | 2.05% | 2.38% | 2.96% | 2.93% | 2.35% | 2.54% | 2.73% | 2.94% | 2.83% |
FDFAX Fidelity Select Consumer Staples Portfolio | 2.05% | 1.92% | 1.71% | 1.85% | 1.76% | 1.76% | 3.43% | 2.01% | 1.78% | 5.39% | 4.66% | 9.48% |
Drawdowns
WATFX vs. FDFAX - Drawdown Comparison
The maximum WATFX drawdown since its inception was -90.39%, which is greater than FDFAX's maximum drawdown of -38.01%. Use the drawdown chart below to compare losses from any high point for WATFX and FDFAX. For additional features, visit the drawdowns tool.
Volatility
WATFX vs. FDFAX - Volatility Comparison
The current volatility for Western Asset Core Bond Fund (WATFX) is 1.76%, while Fidelity Select Consumer Staples Portfolio (FDFAX) has a volatility of 3.23%. This indicates that WATFX experiences smaller price fluctuations and is considered to be less risky than FDFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.