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 | |
|---|---|---|---|---|---|
| Vanguard Long-Term Corporate Bond Index Fund Insti... | 0.05% | — | Nov 2009 | FHMFX vs VLCIX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 0.05% | — | Nov 2009 | FHMFX vs VSTBX | |
| Vanguard Intermediate-Term Corporate Bond Index Fu... | 0.05% | — | Nov 2009 | FHMFX vs VICBX | |
| Vanguard Intermediate-Term Corporate Bond Index Fu... | 0.07% | 68.10B | Mar 2010 | FHMFX vs VICSX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 0.07% | 49.50B | Nov 2010 | FHMFX vs VSCSX |
Best Risk-Adjusted Alternatives to FHMFX
FHMFX has a PortfoliosLab risk / return rank of 30. There are 19 mutual funds in the Corporate Bonds category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Intermediate Bond Fund | 92 | — | Dec 2014 | FHMFX vs MIFIX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 81 | — | Nov 2009 | FHMFX vs VSTBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 80 | 49.50B | Nov 2010 | FHMFX vs VSCSX | |
| John Hancock Managed Account Shares Investment-Gra... | 48 | — | Jul 2019 | FHMFX vs JMABX | |
| T. Rowe Price Corporate Income Fund | 44 | — | Oct 1995 | FHMFX vs PRPIX |
Top Performing FHMFX Alternatives (YTD)
FHMFX is at 0.85% YTD. There are 9 mutual funds in the Corporate Bonds category with higher YTD returns, going as high as 5.40%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Intermediate Bond Fund | 5.40% | — | Dec 2014 | FHMFX vs MIFIX | |
| Western Asset SMASh Series C Fund | 1.82% | — | Dec 2006 | FHMFX vs LMLCX | |
| Vanguard Long-Term Corporate Bond Index Fund Insti... | 1.23% | — | Nov 2009 | FHMFX vs VLCIX | |
| Vanguard Long-Term Corporate Bond Index Fund Admir... | 1.22% | 8.60B | Jan 2010 | FHMFX vs VLTCX | |
| AB Corporate Income Shares | 0.98% | — | Dec 2006 | FHMFX vs ACISX |
Lowest Volatility Alternatives to FHMFX
FHMFX has 4.40% 1-year volatility. There are 36 mutual funds in the Corporate Bonds category with lower 1-year volatility, going as low as 1.75%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 1.75% | 49.50B | Nov 2010 | FHMFX vs VSCSX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 1.76% | — | Nov 2009 | FHMFX vs VSTBX | |
| LKCM Fixed Income Fund | 2.58% | — | Dec 1997 | FHMFX vs LKFIX | |
| iMGP Dolan McEniry Corporate Bond Fund | 2.89% | — | Sep 2018 | FHMFX vs IDMIX | |
| Miller Intermediate Bond Fund | 3.02% | — | Dec 2014 | FHMFX vs MIFIX |
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 | |
|---|---|---|---|---|---|
| Vanguard Short-Term Corporate Bond Index Fund Inst... | -1.31% | — | Nov 2009 | FHMFX vs VSTBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | -1.36% | 49.50B | Nov 2010 | FHMFX vs VSCSX | |
| LKCM Fixed Income Fund | -1.76% | — | Dec 1997 | FHMFX vs LKFIX | |
| Federated Hermes Intermediate Corporate Bond Fund | -2.28% | — | Dec 1993 | FHMFX vs FIIFX | |
| 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 | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 73 | 11.71% | — | Feb 1988 | FHMFX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 97 | 85.56% | — | Jul 1985 | FHMFX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 72 | 12.01% | — | — | FHMFX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 32 | 8.60% | — | — | FHMFX vs FSPGX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 71 | 12.08% | — | — | FHMFX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 75 | 18.56% | — | Dec 1987 | FHMFX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 35 | 7.76% | 176.32B | May 1967 | FHMFX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 71 | 11.56% | — | — | FHMFX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 27 | 9.51% | — | Nov 1997 | FHMFX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 58 | 15.53% | — | Jun 2016 | FHMFX vs FTIHX |
Often Compared With FHMFX
Investors most often compare FHMFX with BSV, SIDCX, SCYB. These 14 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare FHMFX with Any Fund or Stock
Compare FHMFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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