Fidelity U.S. Bond Index Fund (FXNAX)
Fund Info
| ISIN | US3161463563 |
|---|---|
| CUSIP | 316146356 |
| Issuer | Fidelity |
| Region | North America (U.S.) |
| Category | Total Bond Market |
| Asset Class | Bond |
Expense Ratio
FXNAX has an expense ratio of 0.03%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity U.S. Bond Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity U.S. Bond Index Fund had a return of 0.48% year-to-date (YTD) and 3.39% in the last 12 months. Over the past 10 years, Fidelity U.S. Bond Index Fund had an annualized return of 1.42%, while the S&P 500 had an annualized return of 10.58%, indicating that Fidelity U.S. Bond Index Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.48% | 13.20% |
| 1 month | 0.28% | -1.28% |
| 6 months | 1.58% | 10.32% |
| 1 year | 3.39% | 18.23% |
| 5 years (annualized) | -0.03% | 12.31% |
| 10 years (annualized) | 1.42% | 10.58% |
Monthly Returns
The table below presents the monthly returns of FXNAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.15% | -1.47% | 0.59% | -2.18% | 1.59% | 0.79% | 0.48% | ||||||
| 2023 | 3.43% | -2.55% | 2.50% | 0.38% | -0.87% | -0.34% | -0.04% | -0.63% | -2.76% | -1.40% | 4.51% | 3.47% | 5.52% |
| 2022 | -2.08% | -1.13% | -2.78% | -3.92% | 0.82% | -1.57% | 2.26% | -2.65% | -4.25% | -1.37% | 3.75% | -0.88% | -13.23% |
| 2021 | -0.70% | -1.57% | -1.25% | 0.81% | 0.22% | 0.81% | 1.06% | -0.18% | -0.84% | -0.02% | 0.23% | -0.32% | -1.79% |
| 2020 | 2.08% | 1.76% | -0.20% | 1.66% | 0.43% | 0.65% | 1.42% | -0.89% | -0.08% | -0.52% | 1.12% | 0.15% | 7.80% |
| 2019 | 1.04% | -0.13% | 2.01% | -0.02% | 1.81% | 1.17% | 0.31% | 2.60% | -0.62% | 0.30% | -0.04% | -0.19% | 8.49% |
| 2018 | -1.15% | -0.93% | 0.35% | -0.62% | 0.67% | -0.27% | 0.37% | 0.50% | -0.57% | -0.75% | 0.60% | 1.87% | 0.04% |
| 2017 | 0.23% | 0.71% | -0.04% | 0.73% | 0.73% | -0.14% | 0.47% | 0.90% | -0.48% | 0.01% | -0.14% | 0.48% | 3.51% |
| 2016 | 1.35% | 0.81% | 0.90% | 0.37% | -0.04% | 1.91% | 0.62% | -0.22% | 0.02% | -0.80% | -2.52% | 0.17% | 2.52% |
| 2015 | 2.28% | -1.05% | 0.47% | -0.30% | -0.39% | -1.07% | 0.82% | -0.21% | 0.73% | 0.06% | -0.21% | -0.41% | 0.64% |
| 2014 | 1.63% | 0.46% | -0.22% | 0.83% | 1.17% | 0.03% | -0.30% | 1.16% | -0.64% | 0.99% | 0.72% | 0.03% | 6.00% |
| 2013 | -0.66% | 0.52% | 0.10% | 0.95% | -1.83% | -1.62% | 0.20% | -0.67% | 1.16% | 0.74% | -0.40% | -0.65% | -2.19% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FXNAX is 17, indicating that it is in the bottom 17% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity U.S. Bond Index Fund (FXNAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity U.S. Bond Index Fund granted a 3.19% dividend yield in the last twelve months. The annual payout for that period amounted to $0.33 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.30 | $0.25 | $0.25 | $0.38 | $0.32 | $0.31 | $0.30 | $0.29 | $0.32 | $0.30 | $0.27 |
Dividend yield | 3.19% | 2.91% | 2.43% | 2.06% | 3.07% | 2.67% | 2.73% | 2.58% | 2.54% | 2.75% | 2.59% | 2.39% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity U.S. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.17 | |||||
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.30 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 | $0.02 | $0.02 | $0.25 |
| 2020 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.12 | $0.02 | $0.05 | $0.38 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.32 |
| 2018 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 |
| 2017 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.30 |
| 2016 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.29 |
| 2015 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.04 | $0.03 | $0.03 | $0.32 |
| 2014 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.30 |
| 2013 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.27 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity U.S. 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 U.S. Bond Index Fund was 18.64%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Fidelity U.S. Bond Index Fund drawdown is 9.99%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.64% | Aug 7, 2020 | 560 | Oct 24, 2022 | — | — | — |
| -6.39% | Mar 9, 2020 | 9 | Mar 19, 2020 | 49 | May 29, 2020 | 58 |
| -4.97% | May 3, 2013 | 87 | Sep 5, 2013 | 173 | May 14, 2014 | 260 |
| -4.52% | Jul 11, 2016 | 112 | Dec 15, 2016 | 178 | Aug 31, 2017 | 290 |
| -3.57% | Sep 8, 2017 | 175 | May 17, 2018 | 159 | Jan 3, 2019 | 334 |
Volatility
Volatility Chart
The current Fidelity U.S. Bond Index Fund volatility is 1.36%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.