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FBIIX vs. FIPDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FBIIX and FIPDX is 0.07, 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

FBIIX vs. FIPDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity International Bond Index Fund (FBIIX) and Fidelity Inflation-Protected Bond Index Fund (FIPDX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FBIIX:

2.10

FIPDX:

1.26

Sortino Ratio

FBIIX:

3.02

FIPDX:

1.79

Omega Ratio

FBIIX:

1.38

FIPDX:

1.23

Calmar Ratio

FBIIX:

0.85

FIPDX:

0.61

Martin Ratio

FBIIX:

9.43

FIPDX:

3.79

Ulcer Index

FBIIX:

0.59%

FIPDX:

1.58%

Daily Std Dev

FBIIX:

2.79%

FIPDX:

4.70%

Max Drawdown

FBIIX:

-13.79%

FIPDX:

-14.29%

Current Drawdown

FBIIX:

-0.74%

FIPDX:

-4.28%

Returns By Period

In the year-to-date period, FBIIX achieves a 0.94% return, which is significantly lower than FIPDX's 3.38% return.


FBIIX

YTD

0.94%

1M

0.98%

6M

1.98%

1Y

5.82%

5Y*

0.54%

10Y*

N/A

FIPDX

YTD

3.38%

1M

0.22%

6M

1.96%

1Y

5.86%

5Y*

1.39%

10Y*

1.73%

*Annualized

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FBIIX vs. FIPDX - Expense Ratio Comparison

FBIIX has a 0.06% expense ratio, which is higher than FIPDX's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Risk-Adjusted Performance

FBIIX vs. FIPDX — Risk-Adjusted Performance Rank

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

FBIIX
The Risk-Adjusted Performance Rank of FBIIX is 9191
Overall Rank
The Sharpe Ratio Rank of FBIIX is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of FBIIX is 9494
Sortino Ratio Rank
The Omega Ratio Rank of FBIIX is 9191
Omega Ratio Rank
The Calmar Ratio Rank of FBIIX is 8282
Calmar Ratio Rank
The Martin Ratio Rank of FBIIX is 9494
Martin Ratio Rank

FIPDX
The Risk-Adjusted Performance Rank of FIPDX is 8282
Overall Rank
The Sharpe Ratio Rank of FIPDX is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of FIPDX is 8686
Sortino Ratio Rank
The Omega Ratio Rank of FIPDX is 8585
Omega Ratio Rank
The Calmar Ratio Rank of FIPDX is 7272
Calmar Ratio Rank
The Martin Ratio Rank of FIPDX is 8282
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FBIIX vs. FIPDX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Bond Index Fund (FBIIX) and Fidelity Inflation-Protected Bond Index Fund (FIPDX). 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.


The current FBIIX Sharpe Ratio is 2.10, which is higher than the FIPDX Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of FBIIX and FIPDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FBIIX vs. FIPDX - Dividend Comparison

FBIIX's dividend yield for the trailing twelve months is around 3.17%, less than FIPDX's 3.81% yield.


TTM20242023202220212020201920182017201620152014
FBIIX
Fidelity International Bond Index Fund
3.17%3.44%2.85%1.02%0.62%0.74%0.09%0.00%0.00%0.00%0.00%0.00%
FIPDX
Fidelity Inflation-Protected Bond Index Fund
3.81%3.75%3.59%8.87%4.76%0.24%0.41%0.39%0.09%0.08%0.11%1.10%

Drawdowns

FBIIX vs. FIPDX - Drawdown Comparison

The maximum FBIIX drawdown since its inception was -13.79%, roughly equal to the maximum FIPDX drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for FBIIX and FIPDX. For additional features, visit the drawdowns tool.


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Volatility

FBIIX vs. FIPDX - Volatility Comparison


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