FADMX vs. VUSFX
Compare and contrast key facts about Fidelity Strategic Income Fund (FADMX) and Vanguard Ultra-Short-Term Bond Fund Admiral Shares (VUSFX).
FADMX is managed by Fidelity. It was launched on Oct 31, 1994. VUSFX is managed by Vanguard. It was launched on Feb 24, 2015.
Performance
FADMX vs. VUSFX - Performance Comparison
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FADMX vs. VUSFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FADMX Fidelity Strategic Income Fund | -0.89% | 9.01% | 6.07% | 9.55% | -11.84% | 3.46% | 6.72% | 11.06% | -2.02% |
VUSFX Vanguard Ultra-Short-Term Bond Fund Admiral Shares | 0.61% | 5.11% | 6.11% | 5.53% | -0.38% | 0.08% | 2.10% | 3.39% | 1.77% |
Returns By Period
In the year-to-date period, FADMX achieves a -0.89% return, which is significantly lower than VUSFX's 0.61% return.
FADMX
- 1D
- 0.00%
- 1M
- -2.62%
- YTD
- -0.89%
- 6M
- 0.47%
- 1Y
- 7.18%
- 3Y*
- 6.77%
- 5Y*
- 2.82%
- 10Y*
- —
VUSFX
- 1D
- 0.05%
- 1M
- -0.10%
- YTD
- 0.61%
- 6M
- 1.76%
- 1Y
- 4.42%
- 3Y*
- 5.35%
- 5Y*
- 3.36%
- 10Y*
- 2.66%
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FADMX vs. VUSFX - Expense Ratio Comparison
FADMX has a 0.66% expense ratio, which is higher than VUSFX's 0.10% expense ratio.
Return for Risk
FADMX vs. VUSFX — Risk / Return Rank
FADMX
VUSFX
FADMX vs. VUSFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Strategic Income Fund (FADMX) and Vanguard Ultra-Short-Term Bond Fund Admiral Shares (VUSFX). 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.
| FADMX | VUSFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.14 | 6.62 | -4.48 |
Sortino ratioReturn per unit of downside risk | 2.98 | 11.85 | -8.87 |
Omega ratioGain probability vs. loss probability | 1.43 | 3.64 | -2.21 |
Calmar ratioReturn relative to maximum drawdown | 2.88 | 12.88 | -9.99 |
Martin ratioReturn relative to average drawdown | 11.44 | 74.39 | -62.95 |
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
| FADMX | VUSFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.14 | 6.62 | -4.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 4.19 | -3.56 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 3.93 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 3.93 | -3.16 |
Correlation
The correlation between FADMX and VUSFX is 0.38, 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
FADMX vs. VUSFX - Dividend Comparison
FADMX's dividend yield for the trailing twelve months is around 4.06%, less than VUSFX's 4.23% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FADMX Fidelity Strategic Income Fund | 4.06% | 4.33% | 4.21% | 4.31% | 2.91% | 4.23% | 3.82% | 4.34% | 2.74% | 0.00% | 0.00% |
VUSFX Vanguard Ultra-Short-Term Bond Fund Admiral Shares | 4.23% | 4.73% | 5.52% | 4.15% | 1.38% | 0.53% | 1.62% | 2.68% | 2.23% | 1.52% | 1.07% |
Drawdowns
FADMX vs. VUSFX - Drawdown Comparison
The maximum FADMX drawdown since its inception was -15.98%, which is greater than VUSFX's maximum drawdown of -1.71%. Use the drawdown chart below to compare losses from any high point for FADMX and VUSFX.
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Drawdown Indicators
| FADMX | VUSFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.98% | -1.71% | -14.27% |
Max Drawdown (1Y)Largest decline over 1 year | -2.62% | -0.35% | -2.27% |
Max Drawdown (5Y)Largest decline over 5 years | -15.98% | -1.71% | -14.27% |
Max Drawdown (10Y)Largest decline over 10 years | — | -1.71% | — |
Current DrawdownCurrent decline from peak | -2.62% | -0.10% | -2.52% |
Average DrawdownAverage peak-to-trough decline | -3.12% | -0.15% | -2.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.66% | 0.06% | +0.60% |
Volatility
FADMX vs. VUSFX - Volatility Comparison
Fidelity Strategic Income Fund (FADMX) has a higher volatility of 1.54% compared to Vanguard Ultra-Short-Term Bond Fund Admiral Shares (VUSFX) at 0.27%. This indicates that FADMX's price experiences larger fluctuations and is considered to be riskier than VUSFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FADMX | VUSFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.54% | 0.27% | +1.27% |
Volatility (6M)Calculated over the trailing 6-month period | 2.38% | 0.43% | +1.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.54% | 0.67% | +2.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.44% | 0.81% | +3.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.77% | 0.68% | +4.09% |