Fidelity Tactical Bond Fund (FBAPX) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FBAPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FBAPX
FBAPX charges 0.66% annually. There are 25 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | FBAPX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | FBAPX vs VMSAX | |
| JPMorgan Income Fund | 0.40% | — | Jun 2014 | FBAPX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | FBAPX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | FBAPX vs MOFIX |
Best Risk-Adjusted Alternatives to FBAPX
FBAPX has a PortfoliosLab risk / return rank of 33. There are 72 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | FBAPX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | FBAPX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | FBAPX vs BWDTX | |
| CrossingBridge Low Duration High Yield Fund | 97 | — | Jan 2018 | FBAPX vs CBLDX | |
| Intrepid Income Fund | 97 | — | Jul 2007 | FBAPX vs ICMUX |
Top Performing FBAPX Alternatives (YTD)
FBAPX is at 0.98% YTD. There are 53 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 4.22%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 4.22% | — | Jan 2011 | FBAPX vs ACP | |
| Saba Capital Income & Opportunities Fund | 3.83% | — | Dec 1987 | FBAPX vs BRW | |
| BrandywineGLOBAL - Flexible Bond Fund | 2.82% | — | May 2016 | FBAPX vs LFLIX | |
| Intrepid Income Fund | 2.43% | — | Jul 2007 | FBAPX vs ICMUX | |
| Nationwide Amundi Strategic Income Fund | 2.29% | — | Nov 2015 | FBAPX vs NWXHX |
Lowest Volatility Alternatives to FBAPX
FBAPX has 3.95% 1-year volatility. There are 65 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.16%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.16% | — | Nov 2015 | FBAPX vs NWXHX | |
| Nationwide Strategic Income A | 1.21% | — | Nov 2015 | FBAPX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.29% | — | Jul 2016 | FBAPX vs BWDTX | |
| CrossingBridge Low Duration High Yield Fund | 1.39% | — | Jan 2018 | FBAPX vs CBLDX | |
| Rational Special Situations Income Fund | 1.41% | — | Jul 2019 | FBAPX vs RFXIX |
Lowest Drawdown Alternatives to FBAPX
FBAPX has a 1-year max drawdown of -2.77%. There are 47 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | FBAPX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | FBAPX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | FBAPX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | FBAPX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | FBAPX vs BWDTX |
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 | 73 | 11.71% | — | Feb 1988 | FBAPX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 97 | 85.56% | — | Jul 1985 | FBAPX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 72 | 12.01% | — | — | FBAPX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 32 | 8.60% | — | — | FBAPX vs FSPGX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 71 | 12.08% | — | — | FBAPX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 75 | 18.56% | — | Dec 1987 | FBAPX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 35 | 7.76% | 176.32B | May 1967 | FBAPX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 71 | 11.56% | — | — | FBAPX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 27 | 9.51% | — | Nov 1997 | FBAPX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 58 | 15.53% | — | Jun 2016 | FBAPX vs FTIHX |
Often Compared With FBAPX
Investors most often compare FBAPX with CFRIX, PTY, JSVIX. These 15 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare FBAPX with Any Fund or Stock
Compare FBAPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FBAPX with funds that move differently
Fidelity Tactical Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FBAPX.
Explore FBAPX Diversifiers