FAPGX vs. BUSIX
Compare and contrast key facts about Fidelity Sustainable Low Duration Bond (FAPGX) and Sterling Capital Ultra Short Bond Fund (BUSIX).
FAPGX is managed by Fidelity. It was launched on Apr 29, 2022. BUSIX is managed by Sterling Capital. It was launched on Nov 30, 2012.
Performance
FAPGX vs. BUSIX - Performance Comparison
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FAPGX vs. BUSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FAPGX Fidelity Sustainable Low Duration Bond | 0.49% | 4.57% | 5.32% | 5.28% | 0.57% |
BUSIX Sterling Capital Ultra Short Bond Fund | 0.83% | 4.93% | 5.87% | 5.09% | 1.17% |
Returns By Period
In the year-to-date period, FAPGX achieves a 0.49% return, which is significantly lower than BUSIX's 0.83% return.
FAPGX
- 1D
- 0.10%
- 1M
- -0.20%
- YTD
- 0.49%
- 6M
- 1.53%
- 1Y
- 3.92%
- 3Y*
- 4.83%
- 5Y*
- —
- 10Y*
- —
BUSIX
- 1D
- 0.04%
- 1M
- 0.05%
- YTD
- 0.83%
- 6M
- 1.93%
- 1Y
- 4.56%
- 3Y*
- 5.24%
- 5Y*
- 3.45%
- 10Y*
- 2.68%
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FAPGX vs. BUSIX - Expense Ratio Comparison
FAPGX has a 0.25% expense ratio, which is lower than BUSIX's 0.27% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
FAPGX vs. BUSIX — Risk / Return Rank
FAPGX
BUSIX
FAPGX vs. BUSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable Low Duration Bond (FAPGX) and Sterling Capital Ultra Short Bond Fund (BUSIX). 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.
| FAPGX | BUSIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.77 | 3.78 | 0.00 |
Sortino ratioReturn per unit of downside risk | 8.86 | 13.61 | -4.75 |
Omega ratioGain probability vs. loss probability | 2.85 | 5.42 | -2.57 |
Calmar ratioReturn relative to maximum drawdown | 14.12 | 16.23 | -2.11 |
Martin ratioReturn relative to average drawdown | 57.66 | 104.01 | -46.35 |
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
| FAPGX | BUSIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.77 | 3.78 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 2.81 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 2.42 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.87 | 2.10 | +1.77 |
Correlation
The correlation between FAPGX and BUSIX is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
FAPGX vs. BUSIX - Dividend Comparison
FAPGX's dividend yield for the trailing twelve months is around 4.26%, more than BUSIX's 3.89% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAPGX Fidelity Sustainable Low Duration Bond | 4.26% | 4.40% | 4.81% | 3.44% | 0.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BUSIX Sterling Capital Ultra Short Bond Fund | 3.89% | 4.29% | 4.65% | 3.48% | 1.87% | 1.24% | 1.72% | 2.60% | 2.05% | 1.57% | 1.74% | 1.36% |
Drawdowns
FAPGX vs. BUSIX - Drawdown Comparison
The maximum FAPGX drawdown since its inception was -0.49%, smaller than the maximum BUSIX drawdown of -3.16%. Use the drawdown chart below to compare losses from any high point for FAPGX and BUSIX.
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Drawdown Indicators
| FAPGX | BUSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.49% | -3.16% | +2.67% |
Max Drawdown (1Y)Largest decline over 1 year | -0.29% | -0.30% | +0.01% |
Max Drawdown (5Y)Largest decline over 5 years | — | -1.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -3.16% | — |
Current DrawdownCurrent decline from peak | -0.20% | 0.00% | -0.20% |
Average DrawdownAverage peak-to-trough decline | -0.07% | -0.11% | +0.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.07% | 0.05% | +0.02% |
Volatility
FAPGX vs. BUSIX - Volatility Comparison
The current volatility for Fidelity Sustainable Low Duration Bond (FAPGX) is 0.28%, while Sterling Capital Ultra Short Bond Fund (BUSIX) has a volatility of 0.36%. This indicates that FAPGX experiences smaller price fluctuations and is considered to be less risky than BUSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAPGX | BUSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.28% | 0.36% | -0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 0.82% | 0.89% | -0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.11% | 1.32% | -0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.06% | 1.23% | -0.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.06% | 1.11% | -0.05% |