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 46 mutual funds in the Intermediate Core Bond category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Mortgage Strategy Portfolio | 0.02% | — | Dec 2007 | FBNDX vs FMBPX | |
| State Street Aggregate Bond Index Portfolio | 0.02% | — | Sep 2014 | FBNDX vs SSAFX | |
| Fisher Investments Institutional Group Fixed Incom... | 0.03% | — | Dec 2019 | FBNDX vs QDIBX | |
| Fisher Investments Institutional Group ESG Fixed I... | 0.04% | — | Dec 2019 | FBNDX vs QDVBX | |
| iShares U.S. Aggregate Bond Index Fund | 0.05% | — | Jul 1993 | FBNDX vs WFBIX |
Best Risk-Adjusted Alternatives to FBNDX
FBNDX has a PortfoliosLab risk / return rank of 21. There are 62 mutual funds in the Intermediate Core Bond category with higher risk-adjusted ranks, going as high as 70.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Loomis Sayles Securitized Asset Fund | 70 | — | Mar 2006 | FBNDX vs LSSAX | |
| Hartford Schroders Tax-Aware Bond Fund | 64 | — | Oct 2011 | FBNDX vs STWTX | |
| PACE Mortgage-Backed Securities Fixed Income Inves... | 63 | — | Aug 1995 | FBNDX vs PCGTX | |
| Manning & Napier Credit Series | 49 | — | Apr 2020 | FBNDX vs MCDWX | |
| DFA Diversified Fixed Income Portfolio | 44 | — | Aug 2016 | FBNDX vs DFXIX |
Top Performing FBNDX Alternatives (YTD)
FBNDX is at -0.17% YTD. There are 53 mutual funds in the Intermediate Core Bond category with higher YTD returns, going as high as 2.72%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PACE Mortgage-Backed Securities Fixed Income Inves... | 2.72% | — | Aug 1995 | FBNDX vs PCGTX | |
| Loomis Sayles Securitized Asset Fund | 1.20% | — | Mar 2006 | FBNDX vs LSSAX | |
| Hartford Schroders Tax-Aware Bond Fund | 1.08% | — | Oct 2011 | FBNDX vs STWTX | |
| DFA Diversified Fixed Income Portfolio | 0.77% | — | Aug 2016 | FBNDX vs DFXIX | |
| Fidelity SAI Investment Grade Securitized Fund | 0.66% | — | May 2023 | FBNDX vs FSMOX |
Lowest Volatility Alternatives to FBNDX
FBNDX has 3.97% 1-year volatility. There are 71 mutual funds in the Intermediate Core Bond category with lower 1-year volatility, going as low as 2.48%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Education Income Fund | 2.48% | — | Mar 2021 | FBNDX vs FEDUX | |
| Baird Intermediate Bond Fund | 2.49% | — | Sep 2000 | FBNDX vs BIMSX | |
| Baird Intermediate Bond Fund Class Institutional | 2.51% | — | Sep 2000 | FBNDX vs BIMIX | |
| DFA Diversified Fixed Income Portfolio | 2.64% | — | Aug 2016 | FBNDX vs DFXIX | |
| Johnson Institutional Intermediate Bond Fund | 2.74% | — | Aug 2000 | FBNDX vs JIBEX |
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 | |
|---|---|---|---|---|---|
| DFA Diversified Fixed Income Portfolio | -1.69% | — | Aug 2016 | FBNDX vs DFXIX | |
| Fidelity Education Income Fund | -1.72% | — | Mar 2021 | FBNDX vs FEDUX | |
| Baird Intermediate Bond Fund | -1.87% | — | Sep 2000 | FBNDX vs BIMSX | |
| Baird Intermediate Bond Fund Class Institutional | -2.07% | — | Sep 2000 | FBNDX vs BIMIX | |
| 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 | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 66 | 10.88% | — | Feb 1988 | FBNDX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 91 | 64.98% | — | Jul 1985 | FBNDX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 66 | 11.42% | — | — | FBNDX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 64 | 11.41% | — | — | FBNDX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 18 | 4.46% | — | — | FBNDX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 58 | 15.62% | — | Dec 1987 | FBNDX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 36 | 9.99% | 176.32B | May 1967 | FBNDX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 62 | 10.70% | — | — | FBNDX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 40 | 10.13% | — | Nov 1997 | FBNDX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 57 | 12.70% | — | Jun 2016 | FBNDX vs FTIHX |
Often Compared With FBNDX
Investors most often compare FBNDX with FBND, FTBFX, VCIT. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare FBNDX with Any Fund or Stock
Compare FBNDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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