FBNDX Alternatives & Similar Mutual Funds

Fidelity Investment Grade Bond Fund (FBNDX) belongs to the Intermediate Core Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FBNDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FBNDX

FBNDX charges 0.45% annually. There are 49 mutual funds in the Intermediate Core Bond category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
VBMPX	Vanguard Total Bond Market Index Fund Institutiona...	0.02%	398.10B	Feb 2010	FBNDX vs VBMPX
FMBPX	Federated Hermes Mortgage Strategy Portfolio	0.02%	—	Dec 2007	FBNDX vs FMBPX
SSAFX	State Street Aggregate Bond Index Portfolio	0.02%	—	Sep 2014	FBNDX vs SSAFX
QDIBX	Fisher Investments Institutional Group Fixed Incom...	0.03%	—	Dec 2019	FBNDX vs QDIBX
QDVBX	Fisher Investments Institutional Group ESG Fixed I...	0.04%	—	Dec 2019	FBNDX vs QDVBX

Best Risk-Adjusted Alternatives to FBNDX

FBNDX has a PortfoliosLab risk / return rank of 9. There are 61 mutual funds in the Intermediate Core Bond category with higher risk-adjusted ranks, going as high as 53.

Symbol	Name	Risk / Return Rank	AUM	Inception
VCAIX	Vanguard California Intermediate-Term Tax-Exempt F...	53	19.40B	Mar 1994	FBNDX vs VCAIX
LSSAX	Loomis Sayles Securitized Asset Fund	51	—	Mar 2006	FBNDX vs LSSAX
STWTX	Hartford Schroders Tax-Aware Bond Fund	46	—	Oct 2011	FBNDX vs STWTX
PCGTX	PACE Mortgage-Backed Securities Fixed Income Inves...	43	—	Aug 1995	FBNDX vs PCGTX
MCDWX	Manning & Napier Credit Series	29	—	Apr 2020	FBNDX vs MCDWX

Top Performing FBNDX Alternatives (YTD)

FBNDX is at -0.73% YTD. There are 54 mutual funds in the Intermediate Core Bond category with higher YTD returns, going as high as 1.84%.

Symbol	Name	YTD Return	AUM	Inception
PCGTX	PACE Mortgage-Backed Securities Fixed Income Inves...	1.84%	—	Aug 1995	FBNDX vs PCGTX
LSSAX	Loomis Sayles Securitized Asset Fund	0.78%	—	Mar 2006	FBNDX vs LSSAX
DFXIX	DFA Diversified Fixed Income Portfolio	0.55%	—	Aug 2016	FBNDX vs DFXIX
MCDWX	Manning & Napier Credit Series	0.46%	—	Apr 2020	FBNDX vs MCDWX
FEDUX	Fidelity Education Income Fund	0.15%	—	Mar 2021	FBNDX vs FEDUX

Lowest Volatility Alternatives to FBNDX

FBNDX has 3.88% 1-year volatility. There are 75 mutual funds in the Intermediate Core Bond category with lower 1-year volatility, going as low as 2.32%.

Symbol	Name	Volatility 1Y	AUM	Inception
VCAIX	Vanguard California Intermediate-Term Tax-Exempt F...	2.32%	19.40B	Mar 1994	FBNDX vs VCAIX
FEDUX	Fidelity Education Income Fund	2.36%	—	Mar 2021	FBNDX vs FEDUX
BIMSX	Baird Intermediate Bond Fund	2.39%	—	Sep 2000	FBNDX vs BIMSX
BIMIX	Baird Intermediate Bond Fund Class Institutional	2.40%	—	Sep 2000	FBNDX vs BIMIX
DFXIX	DFA Diversified Fixed Income Portfolio	2.58%	—	Aug 2016	FBNDX vs DFXIX

Lowest Drawdown Alternatives to FBNDX

FBNDX has a 1-year max drawdown of -3.02%. There are 58 mutual funds in the Intermediate Core Bond category with shallower 1-year drawdowns, going as shallow as -1.69%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
DFXIX	DFA Diversified Fixed Income Portfolio	-1.69%	—	Aug 2016	FBNDX vs DFXIX
FEDUX	Fidelity Education Income Fund	-1.72%	—	Mar 2021	FBNDX vs FEDUX
BIMSX	Baird Intermediate Bond Fund	-1.87%	—	Sep 2000	FBNDX vs BIMSX
BIMIX	Baird Intermediate Bond Fund Class Institutional	-2.08%	—	Sep 2000	FBNDX vs BIMIX
FTHRX	Fidelity Intermediate Bond Fund	-2.11%	—	May 1975	FBNDX vs FTHRX

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
FXAIX	Fidelity 500 Index Fund	S&P 500	75	11.76%	—	Feb 1988	FBNDX vs FXAIX
FSELX	Fidelity Select Semiconductors Portfolio	Semiconductors, Technology Equities	82	51.40%	—	Jul 1985	FBNDX vs FSELX
FZROX	Fidelity ZERO Total Market Index Fund	Large Cap Blend Equities	76	12.27%	—	—	FBNDX vs FZROX
FSKAX	Fidelity Total Market Index Fund	Large Cap Blend Equities	75	12.20%	—	—	FBNDX vs FSKAX
FSPGX	Fidelity Large Cap Growth Index Fund	Large Cap Growth Equities	17	2.47%	—	—	FBNDX vs FSPGX
FBGRX	Fidelity Blue Chip Growth Fund	Large Cap Growth Equities	49	13.81%	—	Dec 1987	FBNDX vs FBGRX
FCNTX	Fidelity Contrafund	Large Cap Growth Equities	33	9.08%	176.32B	May 1967	FBNDX vs FCNTX
FNILX	Fidelity ZERO Large Cap Index Fund	Large Cap Blend Equities	72	11.48%	—	—	FBNDX vs FNILX
FSPSX	Fidelity International Index Fund	Foreign Large Cap Equities	64	12.40%	—	Nov 1997	FBNDX vs FSPSX
FTIHX	Fidelity Total International Index Fund	Foreign Large Cap Equities	71	13.68%	—	Jun 2016	FBNDX vs FTIHX

Often Compared With FBNDX

Investors most often compare FBNDX with FBND, FTBFX, VCIT. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FBND	Fidelity Total Bond ETF	Intermediate Core-Plus Bond	27	0.34%	26.62B	Oct 2014	FBNDX vs FBND
FTBFX	Fidelity Total Bond Fund	Intermediate Core-Plus Bond	15	-0.19%	—	Oct 2002	FBNDX vs FTBFX
VCIT	Vanguard Intermediate-Term Corporate Bond ETF	Corporate Bonds	26	0.10%	69.50B	Nov 2009	FBNDX vs VCIT
BND	Vanguard Total Bond Market ETF	Total Bond Market	24	0.10%	398.10B	Apr 2007	FBNDX vs BND
FUMBX	Fidelity Short-Term Treasury Bond Index Fund	Short-Term Bond, Government Bonds	30	0.33%	—	Dec 2005	FBNDX vs FUMBX
FTKFX	Fidelity Total Bond K6 Fund	Total Bond Market	13	-0.42%	—	May 2017	FBNDX vs FTKFX
BNDX	Vanguard Total International Bond ETF	Global Bonds	17	0.89%	123.30B	May 2013	FBNDX vs BNDX
LQD	iShares iBoxx $ Investment Grade Corporate Bond ET...	Corporate Bonds, Investment Grade Bonds	17	-0.49%	33.05B	Jul 2002	FBNDX vs LQD
HYGH	iShares Interest Rate Hedged High Yield Bond ETF	High Yield Bonds, Corporate Bonds	89	4.16%	596.69M	May 2014	FBNDX vs HYGH
SPHY	SPDR Portfolio High Yield Bond ETF	High Yield Bonds	65	2.44%	11.60B	Jun 2012	FBNDX vs SPHY
FXNAX	Fidelity U.S. Bond Index Fund	Total Bond Market	10	-0.73%	—	Mar 1990	FBNDX vs FXNAX
PTIAX	Performance Trust Strategic Bond Fund	Intermediate Core-Plus Bond	17	-0.04%	—	Aug 2010	FBNDX vs PTIAX
FBNAX	Fidelity Advisor Short-Term Bond Fund Class A	Total Bond Market	46	0.55%	—	Jul 2016	FBNDX vs FBNAX
FCOR	Fidelity Corporate Bond ETF	Corporate Bonds	22	-0.14%	353.16M	Oct 2014	FBNDX vs FCOR
FLDB	Fidelity Low Duration Bond ETF	Short-Term Bond	98	2.05%	409.03M	Feb 2024	FBNDX vs FLDB
EVTR	Eaton Vance Total Return Bond ETF	Intermediate Core-Plus Bond	29	0.30%	5.65B	Nov 1984	FBNDX vs EVTR
IBDR	iShares iBonds Dec 2026 Term Corporate ETF	Corporate Bonds	99	2.11%	3.40B	Sep 2016	FBNDX vs IBDR
ABNFX	American Funds The Bond Fund of America® Class F-2	Intermediate Core Bond	9	-1.05%	—	Aug 2008	FBNDX vs ABNFX
PCRIX	PIMCO Commodity Real Return Strategy Fund	Commodities	65	20.65%	—	Jun 2002	FBNDX vs PCRIX
CGDG	Capital Group Dividend Growers ETF	Global Equities	64	10.05%	5.49B	Sep 2023	FBNDX vs CGDG

Compare FBNDX with Any Fund or Stock

Compare FBNDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair FBNDX with funds that move differently

Fidelity Investment Grade Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FBNDX.

Explore FBNDX Diversifiers

Fidelity Investment Grade Bond Fund (FBNDX) Alternatives