BRHYX vs. FXNAX
Compare and contrast key facts about BlackRock High Yield K (BRHYX) and Fidelity U.S. Bond Index Fund (FXNAX).
BRHYX is managed by BlackRock. It was launched on Jan 5, 2001. FXNAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BRHYX or FXNAX.
Correlation
The correlation between BRHYX and FXNAX is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BRHYX vs. FXNAX - Performance Comparison
Key characteristics
BRHYX:
2.34
FXNAX:
0.63
BRHYX:
3.69
FXNAX:
0.95
BRHYX:
1.53
FXNAX:
1.11
BRHYX:
4.52
FXNAX:
0.23
BRHYX:
14.59
FXNAX:
1.53
BRHYX:
0.57%
FXNAX:
2.13%
BRHYX:
3.56%
FXNAX:
5.21%
BRHYX:
-34.77%
FXNAX:
-19.64%
BRHYX:
-0.62%
FXNAX:
-9.99%
Returns By Period
In the year-to-date period, BRHYX achieves a 0.42% return, which is significantly higher than FXNAX's 0.11% return. Over the past 10 years, BRHYX has outperformed FXNAX with an annualized return of 4.87%, while FXNAX has yielded a comparatively lower 1.13% annualized return.
BRHYX
0.42%
0.71%
3.15%
8.95%
4.21%
4.87%
FXNAX
0.11%
1.40%
-1.53%
3.87%
-0.89%
1.13%
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BRHYX vs. FXNAX - Expense Ratio Comparison
BRHYX has a 0.48% expense ratio, which is higher than FXNAX's 0.03% expense ratio.
Risk-Adjusted Performance
BRHYX vs. FXNAX — Risk-Adjusted Performance Rank
BRHYX
FXNAX
BRHYX vs. FXNAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock High Yield K (BRHYX) and Fidelity U.S. Bond Index Fund (FXNAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BRHYX vs. FXNAX - Dividend Comparison
BRHYX's dividend yield for the trailing twelve months is around 6.54%, more than FXNAX's 3.43% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRHYX BlackRock High Yield K | 6.54% | 7.14% | 6.75% | 5.95% | 4.81% | 5.22% | 5.68% | 6.32% | 5.74% | 5.67% | 5.78% | 5.98% |
FXNAX Fidelity U.S. Bond Index Fund | 3.43% | 3.40% | 2.92% | 2.41% | 1.81% | 2.10% | 2.69% | 2.74% | 2.52% | 2.52% | 2.69% | 2.59% |
Drawdowns
BRHYX vs. FXNAX - Drawdown Comparison
The maximum BRHYX drawdown since its inception was -34.77%, which is greater than FXNAX's maximum drawdown of -19.64%. Use the drawdown chart below to compare losses from any high point for BRHYX and FXNAX. For additional features, visit the drawdowns tool.
Volatility
BRHYX vs. FXNAX - Volatility Comparison
The current volatility for BlackRock High Yield K (BRHYX) is 0.86%, while Fidelity U.S. Bond Index Fund (FXNAX) has a volatility of 1.39%. This indicates that BRHYX experiences smaller price fluctuations and is considered to be less risky than FXNAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.