FHMFX Alternatives & Similar Mutual Funds

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

Cheapest Alternatives to FHMFX

FHMFX charges 0.00% annually. No mutual funds in the Corporate Bonds category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.05%.

Symbol	Name	Expense Ratio	AUM	Inception
VSTBX	Vanguard Short-Term Corporate Bond Index Fund Inst...	0.05%	—	Nov 2009	FHMFX vs VSTBX
VICBX	Vanguard Intermediate-Term Corporate Bond Index Fu...	0.05%	—	Nov 2009	FHMFX vs VICBX
VLCIX	Vanguard Long-Term Corporate Bond Index Fund Insti...	0.05%	—	Nov 2009	FHMFX vs VLCIX
VSCSX	Vanguard Short-Term Corporate Bond Index Fund Admi...	0.06%	51.90B	Nov 2010	FHMFX vs VSCSX
VICSX	Vanguard Intermediate-Term Corporate Bond Index Fu...	0.06%	69.50B	Mar 2010	FHMFX vs VICSX

Best Risk-Adjusted Alternatives to FHMFX

FHMFX has a PortfoliosLab risk / return rank of 12. There are 19 mutual funds in the Corporate Bonds category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
MIFIX	Miller Intermediate Bond Fund	96	—	Dec 2014	FHMFX vs MIFIX
VSTBX	Vanguard Short-Term Corporate Bond Index Fund Inst...	82	—	Nov 2009	FHMFX vs VSTBX
VSCSX	Vanguard Short-Term Corporate Bond Index Fund Admi...	80	51.90B	Nov 2010	FHMFX vs VSCSX
JMABX	John Hancock Managed Account Shares Investment-Gra...	26	—	Jul 2019	FHMFX vs JMABX
LKFIX	LKCM Fixed Income Fund	25	—	Dec 1997	FHMFX vs LKFIX

Top Performing FHMFX Alternatives (YTD)

FHMFX is at -1.00% YTD. There are 17 mutual funds in the Corporate Bonds category with higher YTD returns, going as high as 5.91%.

Symbol	Name	YTD Return	AUM	Inception
MIFIX	Miller Intermediate Bond Fund	5.91%	—	Dec 2014	FHMFX vs MIFIX
VSTBX	Vanguard Short-Term Corporate Bond Index Fund Inst...	0.83%	—	Nov 2009	FHMFX vs VSTBX
VSCSX	Vanguard Short-Term Corporate Bond Index Fund Admi...	0.79%	51.90B	Nov 2010	FHMFX vs VSCSX
SMARX	Brandes Separately Managed Account Reserve Trust	-0.12%	—	Oct 2005	FHMFX vs SMARX
JMABX	John Hancock Managed Account Shares Investment-Gra...	-0.18%	—	Jul 2019	FHMFX vs JMABX

Lowest Volatility Alternatives to FHMFX

FHMFX has 4.24% 1-year volatility. There are 33 mutual funds in the Corporate Bonds category with lower 1-year volatility, going as low as 1.78%.

Symbol	Name	Volatility 1Y	AUM	Inception
VSCSX	Vanguard Short-Term Corporate Bond Index Fund Admi...	1.78%	51.90B	Nov 2010	FHMFX vs VSCSX
VSTBX	Vanguard Short-Term Corporate Bond Index Fund Inst...	1.78%	—	Nov 2009	FHMFX vs VSTBX
LKFIX	LKCM Fixed Income Fund	2.52%	—	Dec 1997	FHMFX vs LKFIX
IDMIX	iMGP Dolan McEniry Corporate Bond Fund	2.79%	—	Sep 2018	FHMFX vs IDMIX
FIIFX	Federated Hermes Intermediate Corporate Bond Fund	3.03%	—	Dec 1993	FHMFX vs FIIFX

Lowest Drawdown Alternatives to FHMFX

FHMFX has a 1-year max drawdown of -3.24%. There are 24 mutual funds in the Corporate Bonds category with shallower 1-year drawdowns, going as shallow as -1.31%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
VSTBX	Vanguard Short-Term Corporate Bond Index Fund Inst...	-1.31%	—	Nov 2009	FHMFX vs VSTBX
VSCSX	Vanguard Short-Term Corporate Bond Index Fund Admi...	-1.36%	51.90B	Nov 2010	FHMFX vs VSCSX
LKFIX	LKCM Fixed Income Fund	-1.76%	—	Dec 1997	FHMFX vs LKFIX
FIIFX	Federated Hermes Intermediate Corporate Bond Fund	-2.28%	—	Dec 1993	FHMFX vs FIIFX
IDMIX	iMGP Dolan McEniry Corporate Bond Fund	-2.38%	—	Sep 2018	FHMFX vs IDMIX

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	59	10.13%	—	Feb 1988	FHMFX vs FXAIX
FSELX	Fidelity Select Semiconductors Portfolio	Semiconductors, Technology Equities	80	49.63%	—	Jul 1985	FHMFX vs FSELX
FZROX	Fidelity ZERO Total Market Index Fund	Large Cap Blend Equities	59	10.58%	—	—	FHMFX vs FZROX
FSKAX	Fidelity Total Market Index Fund	Large Cap Blend Equities	58	10.51%	—	—	FHMFX vs FSKAX
FSPGX	Fidelity Large Cap Growth Index Fund	Large Cap Growth Equities	10	0.30%	—	—	FHMFX vs FSPGX
FBGRX	Fidelity Blue Chip Growth Fund	Large Cap Growth Equities	35	11.25%	—	Dec 1987	FHMFX vs FBGRX
FCNTX	Fidelity Contrafund	Large Cap Growth Equities	23	6.89%	176.32B	May 1967	FHMFX vs FCNTX
FNILX	Fidelity ZERO Large Cap Index Fund	Large Cap Blend Equities	54	9.84%	—	—	FHMFX vs FNILX
FSPSX	Fidelity International Index Fund	Foreign Large Cap Equities	64	11.79%	—	Nov 1997	FHMFX vs FSPSX
FTIHX	Fidelity Total International Index Fund	Foreign Large Cap Equities	70	12.93%	—	Jun 2016	FHMFX vs FTIHX

Often Compared With FHMFX

Investors most often compare FHMFX with BSV, SIDCX, VBF. These 17 comparison targets span 7 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BSV	Vanguard Short-Term Bond Index Fund ETF Shares	Short-Term Bond	56	0.52%	69.90B	Apr 2007	FHMFX vs BSV
SIDCX	SEI Institutional Investments Trust Intermediate D...	Corporate Bonds	10	-1.18%	—	Mar 2015	FHMFX vs SIDCX
VBF	Invesco Bond Fund	Corporate Bonds	4	-1.33%	—	Oct 1970	FHMFX vs VBF
PRPIX	T. Rowe Price Corporate Income Fund	Corporate Bonds	12	-1.21%	—	Oct 1995	FHMFX vs PRPIX
SCYB	Schwab High Yield Bond ETF	High Yield Bonds	68	2.09%	2.75B	Jul 2023	FHMFX vs SCYB
DFTEX	DFA Intermediate-Term Extended Quality Portfolio F...	Corporate Bonds	18	-0.32%	—	Jul 2010	FHMFX vs DFTEX
LMLCX	Western Asset SMASh Series C Fund	Corporate Bonds	20	-0.88%	—	Dec 2006	FHMFX vs LMLCX
FYBTX	Fidelity Series Short-Term Credit Fund	Total Bond Market	86	0.97%	—	Mar 2015	FHMFX vs FYBTX
ACISX	AB Corporate Income Shares	Corporate Bonds	14	-0.85%	—	Dec 2006	FHMFX vs ACISX
FCNVX	Fidelity Conservative Income Bond Institutional Cl...	Ultrashort Bond	99	1.82%	—	Mar 2011	FHMFX vs FCNVX
FADMX	Fidelity Strategic Income Fund	Multisector Bonds	58	1.84%	—	Oct 1994	FHMFX vs FADMX
FRIFX	Fidelity Real Estate Income Fund	REIT	74	4.47%	—	Feb 2003	FHMFX vs FRIFX
FIREX	Fidelity International Real Estate Fund	REIT	11	-1.04%	—	Sep 2004	FHMFX vs FIREX
VLTCX	Vanguard Long-Term Corporate Bond Index Fund Admir...	Corporate Bonds	5	-2.66%	10.00B	Jan 2010	FHMFX vs VLTCX
FSREX	Fidelity Series Real Estate Income Fund	REIT	85	1.81%	—	Oct 2011	FHMFX vs FSREX
FJTDX	Fidelity Flex Conservative Income Bond Fund	Total Bond Market	99	1.93%	—	May 2018	FHMFX vs FJTDX
FHQFX	Fidelity Series Treasury Bill Index Fund	Ultrashort Bond	100	1.72%	—	Aug 2018	FHMFX vs FHQFX

Compare FHMFX with Any Fund or Stock

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

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Diversifiers

Pair FHMFX with funds that move differently

Fidelity Series Corporate Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FHMFX.

Explore FHMFX Diversifiers

Fidelity Series Corporate Bond Fund (FHMFX) Alternatives