Fidelity Short-Term Bond Fund (FSHBX) 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 FSHBX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FSHBX
FSHBX charges 0.45% annually. There are 51 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% | — | — | FSHBX vs VTBNX | |
| Fidelity U.S. Bond Index Fund | 0.03% | — | Mar 1990 | FSHBX vs FXNAX | |
| Vanguard Total Bond Market Index Fund Institutiona... | 0.03% | 394.40B | Sep 1995 | FSHBX vs VBTIX | |
| Fidelity Short-Term Bond Index Fund | 0.03% | — | Oct 2017 | FSHBX vs FNSOX | |
| Vanguard Total Bond Market Index Fund Institutiona... | 0.03% | 394.40B | Feb 2010 | FSHBX vs VBMPX |
Best Risk-Adjusted Alternatives to FSHBX
FSHBX has a PortfoliosLab risk / return rank of 82. There are 6 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 | FSHBX vs VUSFX | |
| Fidelity Flex Conservative Income Bond Fund | 100 | — | May 2018 | FSHBX vs FJTDX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 99 | 15.70B | Feb 2015 | FSHBX vs VUBFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 99 | — | Oct 2008 | FSHBX vs JSOSX | |
| Fidelity Series Short-Term Credit Fund | 90 | — | Mar 2015 | FSHBX vs FYBTX |
Top Performing FSHBX Alternatives (YTD)
FSHBX is at 0.77% YTD. There are 26 mutual funds in the Total Bond Market category with higher YTD returns, going as high as 2.88%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Strategic Income Fund Class Z | 2.88% | — | Oct 2018 | FSHBX vs FIWDX | |
| Fidelity Advisor Strategic Income Fund Class I | 2.75% | — | Jul 1995 | FSHBX vs FSRIX | |
| Fidelity Advisor Strategic Income Fund Class A | 2.72% | — | Sep 1996 | FSHBX vs FSTAX | |
| Fidelity Advisor Strategic Income Fund Class M | 2.72% | — | Oct 1994 | FSHBX vs FSIAX | |
| Fidelity Advisor Strategic Income Fund Class C | 2.25% | — | Nov 1997 | FSHBX vs FSRCX |
Lowest Volatility Alternatives to FSHBX
FSHBX has 1.92% 1-year volatility. There are 9 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 | FSHBX vs VUSFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 0.68% | — | Oct 2008 | FSHBX vs JSOSX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 0.80% | 15.70B | Feb 2015 | FSHBX vs VUBFX | |
| Fidelity Flex Conservative Income Bond Fund | 1.26% | — | May 2018 | FSHBX vs FJTDX | |
| Fidelity Advisor Short-Term Bond Fund Class C | 1.82% | — | Jul 2016 | FSHBX vs FANCX |
Lowest Drawdown Alternatives to FSHBX
FSHBX has a 1-year max drawdown of -1.17%. There are 4 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 | FSHBX vs FJTDX | |
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | -0.25% | — | Feb 2015 | FSHBX vs VUSFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | -0.26% | — | Oct 2008 | FSHBX vs JSOSX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | -0.30% | 15.70B | Feb 2015 | FSHBX vs VUBFX | |
| Fidelity Advisor Short-Term Bond Fund Class C | -1.18% | — | Jul 2016 | FSHBX vs FANCX |
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 | 69 | 11.32% | — | Feb 1988 | FSHBX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 89 | 62.20% | — | Jul 1985 | FSHBX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 69 | 11.80% | — | — | FSHBX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 68 | 11.80% | — | — | FSHBX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 17 | 4.74% | — | — | FSHBX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 56 | 16.03% | — | Dec 1987 | FSHBX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 38 | 10.69% | 176.32B | May 1967 | FSHBX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 65 | 11.11% | — | — | FSHBX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 45 | 10.82% | — | Nov 1997 | FSHBX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 60 | 13.34% | — | Jun 2016 | FSHBX vs FTIHX |
Often Compared With FSHBX
Investors most often compare FSHBX with FCNVX, FJRLX, BSV. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare FSHBX with Any Fund or Stock
Compare FSHBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FSHBX with funds that move differently
Fidelity Short-Term Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FSHBX.
Explore FSHBX Diversifiers