Fidelity U.S. Bond Index Fund (FXNAX) 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 FXNAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FXNAX
FXNAX charges 0.03% annually. There is 1 mutual fund in the Total Bond Market category with a lower expense ratio, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Total Bond Market II Index Fund | 0.02% | — | — | FXNAX vs VTBNX | |
| Vanguard Total Bond Market Index Fund Institutiona... | 0.03% | 394.40B | Sep 1995 | FXNAX vs VBTIX | |
| Vanguard Total Bond Market Index Fund Institutiona... | 0.03% | 394.40B | Feb 2010 | FXNAX vs VBMPX | |
| Fidelity Short-Term Bond Index Fund | 0.03% | — | Oct 2017 | FXNAX vs FNSOX | |
| Vanguard Intermediate-Term Bond Index Fund Institu... | 0.04% | — | Nov 2011 | FXNAX vs VBIUX |
Best Risk-Adjusted Alternatives to FXNAX
FXNAX has a PortfoliosLab risk / return rank of 19. There are 69 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 | FXNAX vs VUSFX | |
| Fidelity Flex Conservative Income Bond Fund | 100 | — | May 2018 | FXNAX vs FJTDX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 99 | 15.70B | Feb 2015 | FXNAX vs VUBFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 99 | — | Oct 2008 | FXNAX vs JSOSX | |
| Fidelity Series Short-Term Credit Fund | 87 | — | Mar 2015 | FXNAX vs FYBTX |
Top Performing FXNAX Alternatives (YTD)
FXNAX is at 0.04% YTD. There are 64 mutual funds in the Total Bond Market category with higher YTD returns, going as high as 2.97%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Strategic Income Fund Class Z | 2.97% | — | Oct 2018 | FXNAX vs FIWDX | |
| Fidelity Advisor Strategic Income Fund Class I | 2.83% | — | Jul 1995 | FXNAX vs FSRIX | |
| Fidelity Advisor Strategic Income Fund Class M | 2.81% | — | Oct 1994 | FXNAX vs FSIAX | |
| Fidelity Advisor Strategic Income Fund Class A | 2.80% | — | Sep 1996 | FXNAX vs FSTAX | |
| Fidelity Advisor Strategic Income Fund Class C | 2.34% | — | Nov 1997 | FXNAX vs FSRCX |
Lowest Volatility Alternatives to FXNAX
FXNAX has 3.86% 1-year volatility. There are 60 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 | FXNAX vs VUSFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 0.68% | — | Oct 2008 | FXNAX vs JSOSX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 0.80% | 15.70B | Feb 2015 | FXNAX vs VUBFX | |
| Fidelity Flex Conservative Income Bond Fund | 1.25% | — | May 2018 | FXNAX vs FJTDX | |
| Fidelity Advisor Short-Term Bond Fund Class C | 1.81% | — | Jul 2016 | FXNAX vs FANCX |
Lowest Drawdown Alternatives to FXNAX
FXNAX has a 1-year max drawdown of -2.94%. There are 60 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 | FXNAX vs FJTDX | |
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | -0.25% | — | Feb 2015 | FXNAX vs VUSFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | -0.26% | — | Oct 2008 | FXNAX vs JSOSX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | -0.30% | 15.70B | Feb 2015 | FXNAX vs VUBFX | |
| Fidelity Short-Term Bond Fund | -1.17% | — | Sep 1986 | FXNAX vs FSHBX |
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 | 63 | 11.06% | — | Feb 1988 | FXNAX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 92 | 69.83% | — | Jul 1985 | FXNAX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 11.89% | — | — | FXNAX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 11.88% | — | — | FXNAX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 19 | 5.06% | — | — | FXNAX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 61 | 16.81% | — | Dec 1987 | FXNAX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 38 | 10.81% | 176.32B | May 1967 | FXNAX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 61 | 11.15% | — | — | FXNAX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 36 | 10.41% | — | Nov 1997 | FXNAX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 55 | 13.57% | — | Jun 2016 | FXNAX vs FTIHX |
Often Compared With FXNAX
Investors most often compare FXNAX with BND, FTBFX, VBTLX. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare FXNAX with Any Fund or Stock
Compare FXNAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FXNAX with funds that move differently
Fidelity U.S. Bond Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FXNAX.
Explore FXNAX Diversifiers