WATFX vs. FXNAX
Compare and contrast key facts about Western Asset Core Bond Fund (WATFX) and Fidelity U.S. Bond Index Fund (FXNAX).
WATFX is managed by Franklin Templeton. It was launched on Sep 4, 1990. FXNAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WATFX or FXNAX.
Correlation
The correlation between WATFX and FXNAX is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
WATFX vs. FXNAX - Performance Comparison
Loading data...
Key characteristics
WATFX:
0.77
FXNAX:
0.89
WATFX:
1.04
FXNAX:
1.37
WATFX:
1.12
FXNAX:
1.16
WATFX:
0.23
FXNAX:
0.36
WATFX:
1.62
FXNAX:
2.23
WATFX:
2.43%
FXNAX:
2.17%
WATFX:
5.69%
FXNAX:
5.30%
WATFX:
-24.15%
FXNAX:
-19.64%
WATFX:
-12.80%
FXNAX:
-8.48%
Returns By Period
In the year-to-date period, WATFX achieves a 1.66% return, which is significantly lower than FXNAX's 1.78% return. Both investments have delivered pretty close results over the past 10 years, with WATFX having a 1.29% annualized return and FXNAX not far ahead at 1.33%.
WATFX
1.66%
0.15%
1.40%
4.34%
0.91%
-1.75%
1.29%
FXNAX
1.78%
0.10%
1.58%
4.84%
1.42%
-1.24%
1.33%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WATFX vs. FXNAX - Expense Ratio Comparison
WATFX has a 0.46% expense ratio, which is higher than FXNAX's 0.03% expense ratio.
Risk-Adjusted Performance
WATFX vs. FXNAX — Risk-Adjusted Performance Rank
WATFX
FXNAX
WATFX vs. FXNAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset Core Bond Fund (WATFX) and Fidelity U.S. Bond Index Fund (FXNAX). 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.
Loading data...
Dividends
WATFX vs. FXNAX - Dividend Comparison
WATFX's dividend yield for the trailing twelve months is around 4.68%, more than FXNAX's 3.48% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WATFX Western Asset Core Bond Fund | 4.68% | 4.69% | 3.69% | 2.90% | 2.35% | 3.91% | 3.64% | 2.94% | 2.35% | 2.54% | 2.73% | 2.94% |
FXNAX Fidelity U.S. Bond Index Fund | 3.48% | 3.40% | 2.92% | 2.41% | 1.81% | 2.10% | 2.69% | 2.74% | 2.52% | 2.52% | 2.69% | 2.59% |
Drawdowns
WATFX vs. FXNAX - Drawdown Comparison
The maximum WATFX drawdown since its inception was -24.15%, which is greater than FXNAX's maximum drawdown of -19.64%. Use the drawdown chart below to compare losses from any high point for WATFX and FXNAX. For additional features, visit the drawdowns tool.
Loading data...
Volatility
WATFX vs. FXNAX - Volatility Comparison
Western Asset Core Bond Fund (WATFX) and Fidelity U.S. Bond Index Fund (FXNAX) have volatilities of 1.46% and 1.42%, 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.
Loading data...