Fidelity's FIGB or Vanguard's VGIT: Which Bond ETF Is the Better Buy Right Now?
Compare portfolio breadth, risk profiles, and long-term returns to see which fund may better fit your fixed-income strategy.
Fidelity's FIGB or Vanguard's VGIT: Which Bond ETF Is the Better Buy Right Now?
Overview
Fidelity Investment Grade Bond ETF (NYSEMKT:FIGB) offers a broader, higher-yielding corporate and government mix, while Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) provides lower-cost, pure-play exposure to U.S. government debt.
Fixed-income investors often choose between the absolute safety of government bonds and the slightly higher yields of investment-grade corporate debt. While both FIGB and VGIT target high-quality bonds, they differ significantly in cost, credit risk, and portfolio breadth.
Details
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Source
Originally published at www.fool.com.
