Fidelity International Bond Index Fund (FBIIX) belongs to the Global Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FBIIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FBIIX
FBIIX charges 0.06% annually. No mutual funds in the Global Bonds category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Total International Bond II Index Fund | 0.07% | — | Feb 2021 | FBIIX vs VTILX | |
| Vanguard Total International Bond Index Fund Admir... | 0.10% | 123.30B | May 2013 | FBIIX vs VTABX | |
| Vanguard Total International Bond II Index Fund In... | 0.11% | — | Feb 2021 | FBIIX vs VTIIX | |
| Vanguard Total International Bond Index Fund | 0.13% | — | May 2013 | FBIIX vs VTIBX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 0.16% | — | Jan 2008 | FBIIX vs DFSHX |
Best Risk-Adjusted Alternatives to FBIIX
FBIIX has a PortfoliosLab risk / return rank of 11. There are 46 mutual funds in the Global Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | 100 | — | Feb 1996 | FBIIX vs DFGFX | |
| Destinations Global Fixed Income Opportunities Fun... | 98 | — | Mar 2017 | FBIIX vs DGFFX | |
| Eaton Vance Global Bond Fund | 97 | — | Jun 2007 | FBIIX vs EAIIX | |
| Payden Global Low Duration Fund | 89 | — | Sep 1996 | FBIIX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 87 | — | Jan 2008 | FBIIX vs DFSHX |
Top Performing FBIIX Alternatives (YTD)
FBIIX is at 0.37% YTD. There are 22 mutual funds in the Global Bonds category with higher YTD returns, going as high as 4.51%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 4.51% | — | Jun 2007 | FBIIX vs EAIIX | |
| Templeton Global Bond Fund | 3.06% | — | Sep 1986 | FBIIX vs TPINX | |
| Templeton Global Bond Fund - Class R | 2.94% | — | Feb 2009 | FBIIX vs FGBRX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.91% | — | Mar 2017 | FBIIX vs DGFFX | |
| BrandywineGLOBAL - Global Opportunities Bond Fund | 2.45% | — | Oct 2006 | FBIIX vs GOBSX |
Lowest Volatility Alternatives to FBIIX
FBIIX has 3.13% 1-year volatility. There are 20 mutual funds in the Global Bonds category with lower 1-year volatility, going as low as 0.73%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | 0.73% | — | Feb 1996 | FBIIX vs DFGFX | |
| Payden Global Low Duration Fund | 1.54% | — | Sep 1996 | FBIIX vs PYGSX | |
| DFA Five Year Global Fixed Income Portfolio | 1.55% | — | Nov 1990 | FBIIX vs DFGBX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.65% | — | Jan 2008 | FBIIX vs DFSHX | |
| SA Global Fixed Income Fund | 1.97% | — | Jul 1999 | FBIIX vs SAXIX |
Lowest Drawdown Alternatives to FBIIX
FBIIX has a 1-year max drawdown of -2.78%. There are 17 mutual funds in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | -0.20% | — | Feb 1996 | FBIIX vs DFGFX | |
| Destinations Global Fixed Income Opportunities Fun... | -1.19% | — | Mar 2017 | FBIIX vs DGFFX | |
| Payden Global Low Duration Fund | -1.23% | — | Sep 1996 | FBIIX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | -1.28% | — | Jan 2008 | FBIIX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | -1.38% | — | Nov 1990 | FBIIX vs DFGBX |
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 | FBIIX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 80 | 48.22% | — | Jul 1985 | FBIIX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 9.94% | — | — | FBIIX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 9.87% | — | — | FBIIX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 11 | -0.52% | — | — | FBIIX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 40 | 10.15% | — | Dec 1987 | FBIIX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 28 | 5.62% | 176.32B | May 1967 | FBIIX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 59 | 9.06% | — | — | FBIIX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 70 | 12.57% | — | Nov 1997 | FBIIX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 73 | 12.99% | — | Jun 2016 | FBIIX vs FTIHX |
Often Compared With FBIIX
Investors most often compare FBIIX with BNDX, FXNAX, IAGG. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare FBIIX with Any Fund or Stock
Compare FBIIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FBIIX with funds that move differently
Fidelity International Bond Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FBIIX.
Explore FBIIX Diversifiers