Fidelity Sustainable Low Duration Bond (FAPGX) belongs to the Ultrashort Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FAPGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FAPGX
FAPGX charges 0.25% annually. There are 11 mutual funds in the Ultrashort Bond category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Conservative Microshort Fund | 0.05% | — | Feb 2021 | FAPGX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | FAPGX vs DFIHX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | FAPGX vs BUBIX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | FAPGX vs CUTAX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | FAPGX vs DFYGX |
Best Risk-Adjusted Alternatives to FAPGX
FAPGX has a PortfoliosLab risk / return rank of 99. There are 24 mutual funds in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | FAPGX vs NUSIX | |
| Tactical Multi-Purpose Fund | 100 | — | Mar 2017 | FAPGX vs TMPFX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | FAPGX vs BUBSX | |
| DFA One Year Fixed Income Portfolio | 100 | — | Jul 1983 | FAPGX vs DFIHX | |
| Fidelity Series Treasury Bill Index Fund | 100 | — | Aug 2018 | FAPGX vs FHQFX |
Top Performing FAPGX Alternatives (YTD)
FAPGX is at 1.75% YTD. There are 24 mutual funds in the Ultrashort Bond category with higher YTD returns, going as high as 2.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Medalist Partners Short Duration Fund | 2.62% | — | Dec 2010 | FAPGX vs SEMRX | |
| PIMCO Short Term Fund | 2.39% | — | Oct 1987 | FAPGX vs PTSHX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | 2.33% | — | Mar 2016 | FAPGX vs TSDUX | |
| SEI Institutional Investments Trust Opportunistic ... | 2.27% | — | Dec 2006 | FAPGX vs ENIAX | |
| PIMCO Short Asset Investment Fund | 2.23% | — | May 2012 | FAPGX vs PAIPX |
Lowest Volatility Alternatives to FAPGX
FAPGX has 1.14% 1-year volatility. There are 18 mutual funds in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.61%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.61% | — | Mar 2017 | FAPGX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.61% | — | Mar 2019 | FAPGX vs NUSIX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | FAPGX vs BUBSX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.65% | — | Sep 1987 | FAPGX vs PRTBX | |
| DFA One Year Fixed Income Portfolio | 0.65% | — | Jul 1983 | FAPGX vs DFIHX |
Lowest Drawdown Alternatives to FAPGX
FAPGX has a 1-year max drawdown of -0.29%. There are 17 mutual funds in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Baird Ultra Short Bond Fund | -0.10% | — | Dec 2013 | FAPGX vs BUBSX | |
| Fidelity Conservative Income Bond Institutional Cl... | -0.10% | — | Mar 2011 | FAPGX vs FCNVX | |
| DFA One Year Fixed Income Portfolio | -0.10% | — | Jul 1983 | FAPGX vs DFIHX | |
| PIMCO Short Asset Investment Fund | -0.10% | — | May 2012 | FAPGX vs PAIPX | |
| Tactical Multi-Purpose Fund | -0.10% | — | Mar 2017 | FAPGX vs TMPFX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 64 | 9.35% | — | Feb 1988 | FAPGX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 80 | 48.22% | — | Jul 1985 | FAPGX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 9.94% | — | — | FAPGX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 9.87% | — | — | FAPGX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 11 | -0.52% | — | — | FAPGX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 40 | 10.15% | — | Dec 1987 | FAPGX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 28 | 5.62% | 176.32B | May 1967 | FAPGX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 59 | 9.06% | — | — | FAPGX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 70 | 12.57% | — | Nov 1997 | FAPGX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 73 | 12.99% | — | Jun 2016 | FAPGX vs FTIHX |
Often Compared With FAPGX
Investors most often compare FAPGX with FMUN, FSHBX, FHIFX. These 18 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare FAPGX with Any Fund or Stock
Compare FAPGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FAPGX with funds that move differently
Fidelity Sustainable Low Duration Bond alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FAPGX.
Explore FAPGX Diversifiers