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Fidelity U.S. Bond Index Fund (FXNAX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS3161463563
CUSIP316146356
IssuerFidelity
RegionNorth America (U.S.)
CategoryTotal Bond Market
Asset ClassBond

Expense Ratio

The Fidelity U.S. Bond Index Fund has an expense ratio of 0.03% which is considered to be low.


Expense ratio chart for FXNAX: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Fidelity U.S. Bond Index Fund

Popular comparisons: FXNAX vs. FTBFX, FXNAX vs. BND, FXNAX vs. VBTLX, FXNAX vs. SWAGX, FXNAX vs. FUMBX, FXNAX vs. DODIX, FXNAX vs. FSKAX, FXNAX vs. FZILX, FXNAX vs. FTKFX, FXNAX vs. TLT

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.


0.00%5.00%10.00%15.00%20.00%25.00%NovemberDecember2024FebruaryMarchApril
5.20%
18.82%
FXNAX (Fidelity U.S. Bond Index Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

Fidelity U.S. Bond Index Fund had a return of -2.89% year-to-date (YTD) and -0.42% in the last 12 months. Over the past 10 years, Fidelity U.S. Bond Index Fund had an annualized return of 1.22%, while the S&P 500 had an annualized return of 10.42%, indicating that Fidelity U.S. Bond Index Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date-2.89%5.05%
1 month-2.06%-4.27%
6 months5.20%18.82%
1 year-0.42%21.22%
5 years (annualized)-0.09%11.38%
10 years (annualized)1.22%10.42%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20240.15%-1.47%0.87%
2023-2.76%-1.40%4.51%3.47%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FXNAX is 4, indicating that it is in the bottom 4% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of FXNAX is 44
Fidelity U.S. Bond Index Fund(FXNAX)
The Sharpe Ratio Rank of FXNAX is 44Sharpe Ratio Rank
The Sortino Ratio Rank of FXNAX is 44Sortino Ratio Rank
The Omega Ratio Rank of FXNAX is 44Omega Ratio Rank
The Calmar Ratio Rank of FXNAX is 55Calmar Ratio Rank
The Martin Ratio Rank of FXNAX is 44Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


FXNAX
Sharpe ratio
The chart of Sharpe ratio for FXNAX, currently valued at -0.17, compared to the broader market-1.000.001.002.003.004.00-0.17
Sortino ratio
The chart of Sortino ratio for FXNAX, currently valued at -0.20, compared to the broader market-2.000.002.004.006.008.0010.0012.00-0.20
Omega ratio
The chart of Omega ratio for FXNAX, currently valued at 0.98, compared to the broader market0.501.001.502.002.503.000.98
Calmar ratio
The chart of Calmar ratio for FXNAX, currently valued at -0.07, compared to the broader market0.002.004.006.008.0010.0012.00-0.07
Martin ratio
The chart of Martin ratio for FXNAX, currently valued at -0.39, compared to the broader market0.0020.0040.0060.00-0.39
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.81, compared to the broader market-1.000.001.002.003.004.001.81
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.64, compared to the broader market-2.000.002.004.006.008.0010.0012.002.64
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.31, compared to the broader market0.501.001.502.002.503.001.32
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.38, compared to the broader market0.002.004.006.008.0010.0012.001.38
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.21, compared to the broader market0.0020.0040.0060.007.21

Sharpe Ratio

The current Fidelity U.S. Bond Index Fund Sharpe ratio is -0.17. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
-0.17
1.81
FXNAX (Fidelity U.S. Bond Index Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity U.S. Bond Index Fund granted a 3.15% dividend yield in the last twelve months. The annual payout for that period amounted to $0.32 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.32$0.30$0.25$0.25$0.38$0.32$0.31$0.30$0.29$0.32$0.30$0.27

Dividend yield

3.15%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.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.03$0.03$0.03
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
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
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
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
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
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
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
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
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
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
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

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-13.01%
-4.64%
FXNAX (Fidelity U.S. Bond Index Fund)
Benchmark (^GSPC)

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 13.01%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-18.64%Aug 5, 2020562Oct 24, 2022
-6.39%Mar 9, 20209Mar 19, 202049May 29, 202058
-4.97%May 3, 201387Sep 5, 2013173May 14, 2014260
-4.52%Jul 11, 2016112Dec 15, 2016178Aug 31, 2017290
-3.57%Sep 8, 2017175May 17, 2018159Jan 3, 2019334

Volatility

Volatility Chart

The current Fidelity U.S. Bond Index Fund volatility is 1.80%, 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.


1.00%2.00%3.00%4.00%5.00%NovemberDecember2024FebruaryMarchApril
1.80%
3.30%
FXNAX (Fidelity U.S. Bond Index Fund)
Benchmark (^GSPC)