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

Correlation

The correlation between FBIIX and FTBFX 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. FTBFX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FBIIX:

2.10

FTBFX:

0.98

Sortino Ratio

FBIIX:

3.02

FTBFX:

1.57

Omega Ratio

FBIIX:

1.38

FTBFX:

1.18

Calmar Ratio

FBIIX:

0.85

FTBFX:

0.57

Martin Ratio

FBIIX:

9.43

FTBFX:

3.07

Ulcer Index

FBIIX:

0.59%

FTBFX:

1.81%

Daily Std Dev

FBIIX:

2.79%

FTBFX:

5.27%

Max Drawdown

FBIIX:

-13.79%

FTBFX:

-18.19%

Current Drawdown

FBIIX:

-0.74%

FTBFX:

-4.29%

Returns By Period

In the year-to-date period, FBIIX achieves a 0.94% return, which is significantly lower than FTBFX's 1.61% return.


FBIIX

YTD

0.94%

1M

0.76%

6M

1.98%

1Y

5.94%

5Y*

0.56%

10Y*

N/A

FTBFX

YTD

1.61%

1M

0.85%

6M

0.77%

1Y

5.54%

5Y*

0.31%

10Y*

2.02%

*Annualized

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FBIIX vs. FTBFX - Expense Ratio Comparison

FBIIX has a 0.06% expense ratio, which is lower than FTBFX's 0.45% expense ratio.


Risk-Adjusted Performance

FBIIX vs. FTBFX — 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 9393
Sortino Ratio Rank
The Omega Ratio Rank of FBIIX is 9191
Omega Ratio Rank
The Calmar Ratio Rank of FBIIX is 8383
Calmar Ratio Rank
The Martin Ratio Rank of FBIIX is 9494
Martin Ratio Rank

FTBFX
The Risk-Adjusted Performance Rank of FTBFX is 7878
Overall Rank
The Sharpe Ratio Rank of FTBFX is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of FTBFX is 8383
Sortino Ratio Rank
The Omega Ratio Rank of FTBFX is 7979
Omega Ratio Rank
The Calmar Ratio Rank of FTBFX is 7171
Calmar Ratio Rank
The Martin Ratio Rank of FTBFX is 7777
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. FTBFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Bond Index Fund (FBIIX) and Fidelity Total Bond Fund (FTBFX). 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 FTBFX Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of FBIIX and FTBFX, 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. FTBFX - Dividend Comparison

FBIIX's dividend yield for the trailing twelve months is around 3.17%, less than FTBFX's 4.14% 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%
FTBFX
Fidelity Total Bond Fund
4.14%4.51%4.15%3.34%2.19%2.53%2.95%3.19%2.74%2.95%3.71%2.99%

Drawdowns

FBIIX vs. FTBFX - Drawdown Comparison

The maximum FBIIX drawdown since its inception was -13.79%, smaller than the maximum FTBFX drawdown of -18.19%. Use the drawdown chart below to compare losses from any high point for FBIIX and FTBFX. For additional features, visit the drawdowns tool.


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Volatility

FBIIX vs. FTBFX - Volatility Comparison

The current volatility for Fidelity International Bond Index Fund (FBIIX) is 0.80%, while Fidelity Total Bond Fund (FTBFX) has a volatility of 1.66%. This indicates that FBIIX experiences smaller price fluctuations and is considered to be less risky than FTBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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