FBKWX vs. FNILX
Compare and contrast key facts about Fidelity Advisor Total Bond Fund Class Z (FBKWX) and Fidelity ZERO Large Cap Index Fund (FNILX).
FBKWX is managed by Fidelity. It was launched on Oct 15, 2002. FNILX is managed by Fidelity.
Performance
FBKWX vs. FNILX - Performance Comparison
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FBKWX vs. FNILX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FBKWX Fidelity Advisor Total Bond Fund Class Z | -0.37% | 7.60% | 2.20% | 6.56% | -13.55% | -0.27% | 9.46% | 9.88% | 0.48% |
FNILX Fidelity ZERO Large Cap Index Fund | -4.59% | 17.81% | 25.47% | 27.45% | -19.37% | 26.67% | 21.13% | 31.79% | -13.60% |
Returns By Period
In the year-to-date period, FBKWX achieves a -0.37% return, which is significantly higher than FNILX's -4.59% return.
FBKWX
- 1D
- 0.10%
- 1M
- -1.75%
- YTD
- -0.37%
- 6M
- 0.39%
- 1Y
- 4.05%
- 3Y*
- 4.16%
- 5Y*
- 0.67%
- 10Y*
- 2.58%
FNILX
- 1D
- 2.92%
- 1M
- -4.98%
- YTD
- -4.59%
- 6M
- -2.55%
- 1Y
- 17.28%
- 3Y*
- 18.57%
- 5Y*
- 11.53%
- 10Y*
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FBKWX vs. FNILX - Expense Ratio Comparison
FBKWX has a 0.36% expense ratio, which is higher than FNILX's 0.00% expense ratio.
Return for Risk
FBKWX vs. FNILX — Risk / Return Rank
FBKWX
FNILX
FBKWX vs. FNILX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Total Bond Fund Class Z (FBKWX) and Fidelity ZERO Large Cap Index Fund (FNILX). 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.
| FBKWX | FNILX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.00 | 0.97 | +0.03 |
Sortino ratioReturn per unit of downside risk | 1.44 | 1.48 | -0.05 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.23 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.71 | 1.51 | +0.20 |
Martin ratioReturn relative to average drawdown | 5.16 | 7.14 | -1.98 |
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
| FBKWX | FNILX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.00 | 0.97 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.12 | 0.67 | -0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.66 | -0.11 |
Correlation
The correlation between FBKWX and FNILX is 0.09, 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
FBKWX vs. FNILX - Dividend Comparison
FBKWX's dividend yield for the trailing twelve months is around 4.10%, more than FNILX's 1.06% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBKWX Fidelity Advisor Total Bond Fund Class Z | 4.10% | 4.45% | 4.22% | 3.52% | 2.59% | 1.97% | 5.32% | 3.11% | 3.30% | 3.07% | 3.71% | 3.38% |
FNILX Fidelity ZERO Large Cap Index Fund | 1.06% | 1.01% | 1.09% | 1.34% | 1.53% | 0.95% | 1.20% | 1.17% | 0.53% | 0.00% | 0.00% | 0.00% |
Drawdowns
FBKWX vs. FNILX - Drawdown Comparison
The maximum FBKWX drawdown since its inception was -18.31%, smaller than the maximum FNILX drawdown of -33.76%. Use the drawdown chart below to compare losses from any high point for FBKWX and FNILX.
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Drawdown Indicators
| FBKWX | FNILX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.31% | -33.76% | +15.45% |
Max Drawdown (1Y)Largest decline over 1 year | -2.86% | -12.18% | +9.32% |
Max Drawdown (5Y)Largest decline over 5 years | -18.31% | -25.40% | +7.09% |
Max Drawdown (10Y)Largest decline over 10 years | -18.31% | — | — |
Current DrawdownCurrent decline from peak | -2.25% | -6.36% | +4.11% |
Average DrawdownAverage peak-to-trough decline | -3.69% | -5.47% | +1.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 2.57% | -1.62% |
Volatility
FBKWX vs. FNILX - Volatility Comparison
The current volatility for Fidelity Advisor Total Bond Fund Class Z (FBKWX) is 1.50%, while Fidelity ZERO Large Cap Index Fund (FNILX) has a volatility of 5.33%. This indicates that FBKWX experiences smaller price fluctuations and is considered to be less risky than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FBKWX | FNILX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.50% | 5.33% | -3.83% |
Volatility (6M)Calculated over the trailing 6-month period | 2.64% | 9.59% | -6.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.42% | 18.44% | -14.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.67% | 17.27% | -11.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.74% | 20.19% | -15.45% |