- ISIN
- US31635T8238
- CUSIP
- 31635T823
- Issuer
- Fidelity
- Inception Date
- Apr 26, 2019
- Category
- Total Bond Market
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
FIFZX Performance Chart
Fidelity Series Bond Index Fund (FIFZX) is up 0.5% since the beginning of the year. FIFZX is currently trading at $9 per share. Investors who bought $1,000 worth of FIFZX shares 5 years ago would now be looking at an investment worth $997.
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Returns By Period
Fidelity Series Bond Index Fund (FIFZX) has returned 0.45% so far this year and 4.75% over the past 12 months.
Fidelity Series Bond Index Fund
- 1D
- 0.22%
- 1M
- 0.91%
- YTD
- 0.45%
- 6M
- 0.79%
- 1Y
- 4.75%
- 3Y*
- 4.06%
- 5Y*
- -0.07%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FIFZX Monthly Returns History
Based on dividend-adjusted daily data since Apr 26, 2019, FIFZX's average daily return is +0.01%, while the average monthly return is +0.13%. At this rate, an investment would double in approximately 44.5 years.
Historically, 53% of months were positive and 47% were negative. The best month was Nov 2023 with a return of +4.5%, while the worst month was Sep 2022 at -4.5%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 6 months.
On a daily basis, FIFZX closed higher 45% of trading days. The best single day was Nov 10, 2022 with a return of +2.1%, while the worst single day was Mar 17, 2020 at -1.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.23% | 1.62% | -1.72% | 0.12% | 0.35% | -0.11% | 0.45% | ||||||
| 2025 | 0.55% | 2.22% | -0.01% | 0.32% | -0.67% | 1.56% | -0.22% | 1.11% | 1.10% | 0.66% | 0.65% | -0.32% | 7.15% |
| 2024 | -0.04% | -1.49% | 0.87% | -2.51% | 1.70% | 0.99% | 2.35% | 1.42% | 1.39% | -2.51% | 1.08% | -1.67% | 1.41% |
| 2023 | 3.18% | -2.52% | 2.50% | 0.58% | -1.06% | -0.30% | -0.07% | -0.62% | -2.56% | -1.57% | 4.45% | 3.72% | 5.54% |
| 2022 | -2.04% | -1.14% | -2.73% | -3.74% | 0.60% | -1.70% | 2.27% | -2.87% | -4.46% | -1.26% | 3.69% | -0.66% | -13.46% |
| 2021 | -0.83% | -1.56% | -1.29% | 0.90% | 0.12% | 0.80% | 1.17% | -0.16% | -0.92% | -0.06% | 0.33% | -0.41% | -1.96% |
Benchmark Metrics
Fidelity Series Bond Index Fund has an annualized alpha of 1.40%, beta of 0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since April 26, 2019.
- This fund participated in 22.27% of S&P 500 Index downside but only 12.23% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.01 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 1.40%
- Beta
- 0.01
- R²
- 0.00
- Upside Capture
- 12.23%
- Downside Capture
- 22.27%
Expense Ratio
FIFZX has an expense ratio of 0.00%, meaning no management fees are charged.
Return for Risk
Risk / Return Rank
FIFZX ranks 22 for risk / return — below 22% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Series Bond Index Fund (FIFZX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FIFZX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.37 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 2.78 | -1.11 |
| Martin ratioReturn relative to average drawdown | 4.75 | 12.44 | -7.69 |
Dividends
Dividend History
Fidelity Series Bond Index Fund provided a 4.00% dividend yield over the last twelve months, with an annual payout of $0.36 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.36 | $0.35 | $0.32 | $0.28 | $0.15 | $0.15 | $0.35 | $0.17 |
Dividend yield | 4.00% | 3.87% | 3.66% | 3.09% | 1.74% | 1.42% | 3.20% | 1.64% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Series Bond Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.15 | ||||||
| 2025 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.35 |
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.28 |
| 2022 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.02 | $0.02 | $0.02 | $0.15 |
| 2021 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.15 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Series Bond Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Series Bond Index Fund was 19.27%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Fidelity Series Bond Index Fund drawdown is 2.75%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -19.27%Oct 2022 | 2y 2mo | — | 5y 10moAug 2020 - now |
COVID crash2020 | -6.53%Mar 2020 | 10d | 2mo 11d | 2mo 21dMar 2020 - May 2020 |
2019 pullback2019 | -2.19%Sep 2019 | 11d | 4mo 9d | 4mo 20dSep 2019 - Jan 2020 |
2019 pullback2019 | -0.97%Jul 2019 | 6d | 21d | 27dJul 2019 - Aug 2019 |
COVID crash2020 | -0.57%Feb 2020 | 1d | 13d | 14dFeb 2020 - Feb 2020 |
Drawdown Indicators
| FIFZX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.27% | -56.78% | +37.51% |
Max Drawdown (1Y)Largest decline over 1 year | -2.91% | -9.10% | +6.19% |
Max Drawdown (3Y)Largest decline over 3 years | -6.12% | -18.90% | +12.78% |
Max Drawdown (5Y)Largest decline over 5 years | -18.47% | -25.43% | +6.96% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -2.75% | -1.80% | -0.95% |
Average DrawdownAverage peak-to-trough decline | -6.67% | -10.71% | +4.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 2.03% | -1.00% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Build a portfolio with FIFZX
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