CDCDX vs. FUTBX

Last updated Apr 1, 2026

Compare and contrast key facts about The Community Development Fund (CDCDX) and Fidelity SAI U.S. Treasury Bond Index Fund (FUTBX).

CDCDX is managed by Community Development Fund. It was launched on Apr 28, 2016. FUTBX is managed by Fidelity. It was launched on Mar 1, 2016.

Performance

CDCDX vs. FUTBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Community Development Fund (CDCDX) and Fidelity SAI U.S. Treasury Bond Index Fund (FUTBX). The values are adjusted to include any dividend payments, if applicable.

CDCDX vs. FUTBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CDCDX The Community Development Fund	0.22%	4.71%	2.41%	3.76%	-6.68%	-1.86%	4.39%	5.35%	-0.30%	1.54%
FUTBX Fidelity SAI U.S. Treasury Bond Index Fund	-0.23%	6.12%	0.70%	4.19%	-13.00%	-2.54%	7.76%	7.30%	0.95%	2.28%

Returns By Period

In the year-to-date period, CDCDX achieves a 0.22% return, which is significantly higher than FUTBX's -0.23% return.

CDCDX

• 1D: 0.33%
• 1M: -1.53%
• YTD: 0.22%
• 6M: 0.72%
• 1Y: 2.75%
• 3Y*: 3.08%
• 5Y*: 0.69%
• 10Y*: —

FUTBX

• 1D: 0.46%
• 1M: -2.12%
• YTD: -0.23%
• 6M: 0.50%
• 1Y: 2.86%
• 3Y*: 2.46%
• 5Y*: -0.31%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CDCDX vs. FUTBX - Expense Ratio Comparison

CDCDX has a 1.00% expense ratio, which is higher than FUTBX's 0.03% expense ratio.

CDCDX

The Community Development Fund

FUTBX

Fidelity SAI U.S. Treasury Bond Index Fund

Return for Risk

CDCDX vs. FUTBX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CDCDX

CDCDX Risk / Return Rank: 62
CDCDX Sharpe Ratio Rank: 57
CDCDX Sortino Ratio Rank: 58
CDCDX Omega Ratio Rank: 45
CDCDX Calmar Ratio Rank: 87
CDCDX Martin Ratio Rank: 63

FUTBX

FUTBX Risk / Return Rank: 39
FUTBX Sharpe Ratio Rank: 37
FUTBX Sortino Ratio Rank: 34
FUTBX Omega Ratio Rank: 25
FUTBX Calmar Ratio Rank: 63
FUTBX Martin Ratio Rank: 34

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CDCDX vs. FUTBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Community Development Fund (CDCDX) and Fidelity SAI U.S. Treasury Bond Index Fund (FUTBX). 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.

	CDCDX	FUTBX	Difference
Sharpe ratio Return per unit of total volatility	1.06	0.79	+0.27
Sortino ratio Return per unit of downside risk	1.55	1.14	+0.41
Omega ratio Gain probability vs. loss probability	1.19	1.14	+0.06
Calmar ratio Return relative to maximum drawdown	2.23	1.43	+0.80
Martin ratio Return relative to average drawdown	5.98	3.64	+2.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CDCDX vs. FUTBX - Sharpe Ratio Comparison

The current CDCDX Sharpe Ratio is 1.06, which is higher than the FUTBX Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of CDCDX and FUTBX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CDCDX	FUTBX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	0.79	+0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	-0.05	+0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.25	+0.21

Correlation

The correlation between CDCDX and FUTBX is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CDCDX vs. FUTBX - Dividend Comparison

CDCDX's dividend yield for the trailing twelve months is around 1.93%, less than FUTBX's 3.30% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CDCDX The Community Development Fund	1.93%	2.12%	2.73%	3.36%	3.19%	0.96%	1.46%	1.86%	1.90%	1.94%
FUTBX Fidelity SAI U.S. Treasury Bond Index Fund	3.30%	3.43%	2.90%	2.12%	1.12%	0.86%	4.54%	2.75%	2.05%	1.65%

Drawdowns

CDCDX vs. FUTBX - Drawdown Comparison

The maximum CDCDX drawdown since its inception was -10.67%, smaller than the maximum FUTBX drawdown of -19.69%. Use the drawdown chart below to compare losses from any high point for CDCDX and FUTBX.

Drawdown Indicators

	CDCDX	FUTBX	Difference
Max Drawdown Largest peak-to-trough decline	-10.67%	-19.69%	+9.02%
Max Drawdown (1Y) Largest decline over 1 year	-1.99%	-2.71%	+0.72%
Max Drawdown (5Y) Largest decline over 5 years	-10.36%	-17.03%	+6.67%
Current Drawdown Current decline from peak	-1.53%	-7.89%	+6.36%
Average Drawdown Average peak-to-trough decline	-2.50%	-6.94%	+4.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.74%	1.07%	-0.33%

Volatility

CDCDX vs. FUTBX - Volatility Comparison

The current volatility for The Community Development Fund (CDCDX) is 1.20%, while Fidelity SAI U.S. Treasury Bond Index Fund (FUTBX) has a volatility of 1.46%. This indicates that CDCDX experiences smaller price fluctuations and is considered to be less risky than FUTBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CDCDX	FUTBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.20%	1.46%	-0.26%
Volatility (6M) Calculated over the trailing 6-month period	2.08%	2.54%	-0.46%
Volatility (1Y) Calculated over the trailing 1-year period	3.66%	4.25%	-0.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.55%	5.79%	-2.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.13%	5.17%	-2.04%