Fidelity Advisor Short-Term Bond Fund Class I (FBNIX) belongs to the Total Bond Market category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FBNIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FBNIX
FBNIX charges 0.50% annually. There are 57 mutual funds in the Total Bond Market category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Total Bond Market II Index Fund | 0.02% | — | — | FBNIX vs VTBNX | |
| Vanguard Total Bond Market Index Fund Institutiona... | 0.03% | 394.40B | Sep 1995 | FBNIX vs VBTIX | |
| Fidelity U.S. Bond Index Fund | 0.03% | — | Mar 1990 | FBNIX vs FXNAX | |
| Vanguard Total Bond Market Index Fund Institutiona... | 0.03% | 394.40B | Feb 2010 | FBNIX vs VBMPX | |
| Fidelity Short-Term Bond Index Fund | 0.03% | — | Oct 2017 | FBNIX vs FNSOX |
Best Risk-Adjusted Alternatives to FBNIX
FBNIX has a PortfoliosLab risk / return rank of 71. There are 11 mutual funds in the Total Bond Market category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | 100 | — | Feb 2015 | FBNIX vs VUSFX | |
| Fidelity Flex Conservative Income Bond Fund | 100 | — | May 2018 | FBNIX vs FJTDX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 99 | 15.70B | Feb 2015 | FBNIX vs VUBFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 99 | — | Oct 2008 | FBNIX vs JSOSX | |
| Fidelity Series Short-Term Credit Fund | 87 | — | Mar 2015 | FBNIX vs FYBTX |
Top Performing FBNIX Alternatives (YTD)
FBNIX is at 0.65% YTD. There are 27 mutual funds in the Total Bond Market category with higher YTD returns, going as high as 2.97%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Strategic Income Fund Class Z | 2.97% | — | Oct 2018 | FBNIX vs FIWDX | |
| Fidelity Advisor Strategic Income Fund Class I | 2.83% | — | Jul 1995 | FBNIX vs FSRIX | |
| Fidelity Advisor Strategic Income Fund Class M | 2.81% | — | Oct 1994 | FBNIX vs FSIAX | |
| Fidelity Advisor Strategic Income Fund Class A | 2.80% | — | Sep 1996 | FBNIX vs FSTAX | |
| Fidelity Advisor Strategic Income Fund Class C | 2.34% | — | Nov 1997 | FBNIX vs FSRCX |
Lowest Volatility Alternatives to FBNIX
FBNIX has 1.90% 1-year volatility. There are 8 mutual funds in the Total Bond Market category with lower 1-year volatility, going as low as 0.60%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | 0.60% | — | Feb 2015 | FBNIX vs VUSFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 0.68% | — | Oct 2008 | FBNIX vs JSOSX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 0.80% | 15.70B | Feb 2015 | FBNIX vs VUBFX | |
| Fidelity Flex Conservative Income Bond Fund | 1.25% | — | May 2018 | FBNIX vs FJTDX | |
| Fidelity Advisor Short-Term Bond Fund Class C | 1.81% | — | Jul 2016 | FBNIX vs FANCX |
Lowest Drawdown Alternatives to FBNIX
FBNIX has a 1-year max drawdown of -1.29%. There are 7 mutual funds in the Total Bond Market category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Flex Conservative Income Bond Fund | -0.10% | — | May 2018 | FBNIX vs FJTDX | |
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | -0.25% | — | Feb 2015 | FBNIX vs VUSFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | -0.26% | — | Oct 2008 | FBNIX vs JSOSX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | -0.30% | 15.70B | Feb 2015 | FBNIX vs VUBFX | |
| Fidelity Short-Term Bond Fund | -1.17% | — | Sep 1986 | FBNIX vs FSHBX |
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 | 63 | 11.06% | — | Feb 1988 | FBNIX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 92 | 69.83% | — | Jul 1985 | FBNIX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 11.89% | — | — | FBNIX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 11.88% | — | — | FBNIX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 19 | 5.06% | — | — | FBNIX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 61 | 16.81% | — | Dec 1987 | FBNIX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 38 | 10.81% | 176.32B | May 1967 | FBNIX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 61 | 11.15% | — | — | FBNIX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 36 | 10.41% | — | Nov 1997 | FBNIX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 55 | 13.57% | — | Jun 2016 | FBNIX vs FTIHX |
Often Compared With FBNIX
Investors most often compare FBNIX with FCNVX, FADMX. These 2 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity Conservative Income Bond Institutional Cl... | Ultrashort Bond | 100 | 1.82% | — | Mar 2011 | FBNIX vs FCNVX | |
| Fidelity Strategic Income Fund | Multisector Bond | 80 | 2.85% | — | Oct 1994 | FBNIX vs FADMX |
Compare FBNIX with Any Fund or Stock
Compare FBNIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FBNIX with funds that move differently
Fidelity Advisor Short-Term Bond Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FBNIX.
Explore FBNIX Diversifiers