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.
Performance
BRHYX vs. FXNAX - Performance Comparison
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BRHYX vs. FXNAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRHYX BlackRock High Yield K | -1.15% | 9.44% | 8.65% | 13.26% | -11.18% | 5.47% | 5.98% | 15.65% | -2.67% | 8.34% |
FXNAX Fidelity U.S. Bond Index Fund | -0.26% | 7.14% | 1.35% | 5.82% | -13.55% | -2.10% | 7.63% | 8.50% | 0.04% | 3.50% |
Returns By Period
In the year-to-date period, BRHYX achieves a -1.15% return, which is significantly lower than FXNAX's -0.26% return. Over the past 10 years, BRHYX has outperformed FXNAX with an annualized return of 6.08%, while FXNAX has yielded a comparatively lower 1.54% annualized return.
BRHYX
- 1D
- 0.57%
- 1M
- -1.53%
- YTD
- -1.15%
- 6M
- 0.50%
- 1Y
- 7.13%
- 3Y*
- 8.60%
- 5Y*
- 4.26%
- 10Y*
- 6.08%
FXNAX
- 1D
- 0.19%
- 1M
- -1.60%
- YTD
- -0.26%
- 6M
- 0.47%
- 1Y
- 3.69%
- 3Y*
- 3.52%
- 5Y*
- 0.10%
- 10Y*
- 1.54%
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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.
Return for Risk
BRHYX vs. FXNAX — Risk / Return Rank
BRHYX
FXNAX
BRHYX vs. FXNAX - Risk-Adjusted Trends 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.
| BRHYX | FXNAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.83 | 0.93 | +0.91 |
Sortino ratioReturn per unit of downside risk | 2.61 | 1.33 | +1.27 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.16 | +0.25 |
Calmar ratioReturn relative to maximum drawdown | 2.38 | 1.66 | +0.72 |
Martin ratioReturn relative to average drawdown | 10.96 | 4.68 | +6.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BRHYX | FXNAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.83 | 0.93 | +0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.02 | +0.80 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.03 | 0.31 | +0.72 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.22 | 0.45 | +0.77 |
Correlation
The correlation between BRHYX and FXNAX is 0.18, 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.
Dividends
BRHYX vs. FXNAX - Dividend Comparison
BRHYX's dividend yield for the trailing twelve months is around 6.71%, more than FXNAX's 3.34% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRHYX BlackRock High Yield K | 6.71% | 7.14% | 7.56% | 6.20% | 4.98% | 4.80% | 5.22% | 5.82% | 6.48% | 5.92% | 6.03% | 6.42% |
FXNAX Fidelity U.S. Bond Index Fund | 3.34% | 3.58% | 3.40% | 3.15% | 1.81% | 1.74% | 2.92% | 2.68% | 2.74% | 2.57% | 2.76% | 2.52% |
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 -19.51%. Use the drawdown chart below to compare losses from any high point for BRHYX and FXNAX.
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Drawdown Indicators
| BRHYX | FXNAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.77% | -19.51% | -15.26% |
Max Drawdown (1Y)Largest decline over 1 year | -3.26% | -2.71% | -0.55% |
Max Drawdown (5Y)Largest decline over 5 years | -15.29% | -18.54% | +3.25% |
Max Drawdown (10Y)Largest decline over 10 years | -23.20% | -19.51% | -3.69% |
Current DrawdownCurrent decline from peak | -1.71% | -3.53% | +1.82% |
Average DrawdownAverage peak-to-trough decline | -2.75% | -3.87% | +1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.71% | 0.96% | -0.25% |
Volatility
BRHYX vs. FXNAX - Volatility Comparison
The current volatility for BlackRock High Yield K (BRHYX) is 1.45%, while Fidelity U.S. Bond Index Fund (FXNAX) has a volatility of 1.55%. 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.
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Volatility by Period
| BRHYX | FXNAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.45% | 1.55% | -0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 2.44% | 2.58% | -0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.01% | 4.35% | -0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.22% | 6.04% | -0.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.93% | 4.99% | +0.94% |