Fidelity Conservative Income Bond Institutional Class (FCNVX) 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 FCNVX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FCNVX
FCNVX charges 0.25% annually. There are 39 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% | — | — | FCNVX vs VTBNX | |
| Fidelity U.S. Bond Index Fund | 0.03% | — | Mar 1990 | FCNVX vs FXNAX | |
| Vanguard Total Bond Market Index Fund Institutiona... | 0.03% | 389.80B | Feb 2010 | FCNVX vs VBMPX | |
| Fidelity Short-Term Bond Index Fund | 0.03% | — | Oct 2017 | FCNVX vs FNSOX | |
| Vanguard Total Bond Market Index Fund Institutiona... | 0.04% | 389.80B | Sep 1995 | FCNVX vs VBTIX |
Best Risk-Adjusted Alternatives to FCNVX
FCNVX has a PortfoliosLab risk / return rank of 99. There are 3 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 | FCNVX vs VUSFX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 100 | 15.70B | Feb 2015 | FCNVX vs VUBFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 99 | — | Oct 2008 | FCNVX vs JSOSX | |
| Fidelity Flex Conservative Income Bond Fund | 99 | — | May 2018 | FCNVX vs FJTDX | |
| Fidelity Advisor Strategic Income Fund Class Z | 85 | — | Oct 2018 | FCNVX vs FIWDX |
Top Performing FCNVX Alternatives (YTD)
FCNVX is at 1.50% YTD. There are 8 mutual funds in the Total Bond Market category with higher YTD returns, going as high as 3.15%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Strategic Income Fund Class Z | 3.15% | — | Oct 2018 | FCNVX vs FIWDX | |
| Fidelity Strategic Income Fund | 3.12% | — | Oct 1994 | FCNVX vs FADMX | |
| Fidelity Advisor Strategic Income Fund Class I | 3.10% | — | Jul 1995 | FCNVX vs FSRIX | |
| Fidelity Advisor Strategic Income Fund Class A | 3.02% | — | Sep 1996 | FCNVX vs FSTAX | |
| Fidelity Advisor Strategic Income Fund Class M | 3.02% | — | Oct 1994 | FCNVX vs FSIAX |
Lowest Volatility Alternatives to FCNVX
FCNVX has 1.18% 1-year volatility. There are 3 mutual funds in the Total Bond Market category with lower 1-year volatility, going as low as 0.59%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | 0.59% | — | Feb 2015 | FCNVX vs VUSFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 0.68% | — | Oct 2008 | FCNVX vs JSOSX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 0.77% | 15.70B | Feb 2015 | FCNVX vs VUBFX | |
| Fidelity Flex Conservative Income Bond Fund | 1.28% | — | May 2018 | FCNVX vs FJTDX | |
| Fidelity Advisor Short-Term Bond Fund Class C | 1.78% | — | Jul 2016 | FCNVX vs FANCX |
Lowest Drawdown Alternatives to FCNVX
FCNVX has a 1-year max drawdown of -0.10%. No mutual funds in the Total Bond Market category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Flex Conservative Income Bond Fund | -0.10% | — | May 2018 | FCNVX vs FJTDX | |
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | -0.25% | — | Feb 2015 | FCNVX vs VUSFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | -0.26% | — | Oct 2008 | FCNVX vs JSOSX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | -0.30% | 15.70B | Feb 2015 | FCNVX vs VUBFX | |
| Fidelity Short-Term Bond Fund | -1.17% | — | Sep 1986 | FCNVX 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 | 66 | 10.89% | — | Feb 1988 | FCNVX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 97 | 86.42% | — | Jul 1985 | FCNVX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 11.17% | — | — | FCNVX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 27 | 7.15% | — | — | FCNVX vs FSPGX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 11.22% | — | — | FCNVX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 71 | 18.19% | — | Dec 1987 | FCNVX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 37 | 8.62% | 176.32B | May 1967 | FCNVX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 63 | 10.70% | — | — | FCNVX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 27 | 8.67% | — | Nov 1997 | FCNVX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 56 | 14.49% | — | Jun 2016 | FCNVX vs FTIHX |
Often Compared With FCNVX
Investors most often compare FCNVX with FLDR, FUMBX, FFRHX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare FCNVX with Any Fund or Stock
Compare FCNVX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FCNVX with funds that move differently
Fidelity Conservative Income Bond Institutional Class alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FCNVX.
Explore FCNVX Diversifiers