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

Correlation

The correlation between FBIIX and FXNAX is -0.32. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

FBIIX vs. FXNAX - Performance Comparison

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

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Key characteristics

Daily Std Dev

FBIIX:

0.98%

FXNAX:

5.28%

Max Drawdown

FBIIX:

0.00%

FXNAX:

-19.64%

Current Drawdown

FBIIX:

0.00%

FXNAX:

-8.85%

Returns By Period


FBIIX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

FXNAX

YTD

1.37%

1M

0.78%

6M

0.49%

1Y

4.84%

5Y*

-1.20%

10Y*

1.29%

*Annualized

Compare stocks, funds, or ETFs

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FBIIX vs. FXNAX - Expense Ratio Comparison

FBIIX has a 0.06% expense ratio, which is higher than FXNAX's 0.03% 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. FXNAX — 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

FXNAX
The Risk-Adjusted Performance Rank of FXNAX is 7070
Overall Rank
The Sharpe Ratio Rank of FXNAX is 7575
Sharpe Ratio Rank
The Sortino Ratio Rank of FXNAX is 7979
Sortino Ratio Rank
The Omega Ratio Rank of FXNAX is 7575
Omega Ratio Rank
The Calmar Ratio Rank of FXNAX is 5757
Calmar Ratio Rank
The Martin Ratio Rank of FXNAX is 6666
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. FXNAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Bond Index Fund (FBIIX) and Fidelity U.S. Bond Index Fund (FXNAX). 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.



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Dividends

FBIIX vs. FXNAX - Dividend Comparison

FBIIX's dividend yield for the trailing twelve months is around 3.16%, which matches FXNAX's 3.17% yield.


TTM20242023202220212020201920182017201620152014
FBIIX
Fidelity International Bond Index Fund
3.16%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FXNAX
Fidelity U.S. Bond Index Fund
3.17%3.40%2.92%2.41%1.81%2.10%2.69%2.74%2.52%2.52%2.69%2.59%

Drawdowns

FBIIX vs. FXNAX - Drawdown Comparison

The maximum FBIIX drawdown since its inception was 0.00%, smaller than the maximum FXNAX drawdown of -19.64%. Use the drawdown chart below to compare losses from any high point for FBIIX and FXNAX. For additional features, visit the drawdowns tool.


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Volatility

FBIIX vs. FXNAX - Volatility Comparison


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