FBNDX vs. ABNFX
Compare and contrast key facts about Fidelity Investment Grade Bond Fund (FBNDX) and American Funds The Bond Fund of America® Class F-2 (ABNFX).
FBNDX is managed by Fidelity. It was launched on Aug 6, 1971. ABNFX is managed by American Funds. It was launched on Aug 4, 2008.
Performance
FBNDX vs. ABNFX - Performance Comparison
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FBNDX vs. ABNFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FBNDX Fidelity Investment Grade Bond Fund | -0.36% | 7.37% | 0.93% | 6.51% | -14.04% | -1.13% | 9.79% | 9.82% | -0.35% | 3.92% |
ABNFX American Funds The Bond Fund of America® Class F-2 | -0.55% | 7.42% | 1.42% | 4.29% | -13.08% | -0.88% | 10.86% | 8.08% | 0.15% | 3.48% |
Returns By Period
In the year-to-date period, FBNDX achieves a -0.36% return, which is significantly higher than ABNFX's -0.55% return. Over the past 10 years, FBNDX has outperformed ABNFX with an annualized return of 2.22%, while ABNFX has yielded a comparatively lower 1.95% annualized return.
FBNDX
- 1D
- 0.14%
- 1M
- -1.76%
- YTD
- -0.36%
- 6M
- 0.36%
- 1Y
- 3.63%
- 3Y*
- 3.61%
- 5Y*
- 0.18%
- 10Y*
- 2.22%
ABNFX
- 1D
- 0.27%
- 1M
- -1.74%
- YTD
- -0.55%
- 6M
- 0.27%
- 1Y
- 3.61%
- 3Y*
- 3.18%
- 5Y*
- -0.01%
- 10Y*
- 1.95%
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FBNDX vs. ABNFX - Expense Ratio Comparison
FBNDX has a 0.45% expense ratio, which is higher than ABNFX's 0.35% expense ratio.
Return for Risk
FBNDX vs. ABNFX — Risk / Return Rank
FBNDX
ABNFX
FBNDX vs. ABNFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Investment Grade Bond Fund (FBNDX) and American Funds The Bond Fund of America® Class F-2 (ABNFX). 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.
| FBNDX | ABNFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.86 | 0.90 | -0.04 |
Sortino ratioReturn per unit of downside risk | 1.24 | 1.29 | -0.05 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.16 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.58 | 1.52 | +0.06 |
Martin ratioReturn relative to average drawdown | 4.56 | 4.34 | +0.21 |
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
| FBNDX | ABNFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 0.90 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | -0.00 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.40 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.65 | -0.12 |
Correlation
The correlation between FBNDX and ABNFX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FBNDX vs. ABNFX - Dividend Comparison
FBNDX's dividend yield for the trailing twelve months is around 3.58%, less than ABNFX's 4.01% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBNDX Fidelity Investment Grade Bond Fund | 3.58% | 3.87% | 3.34% | 3.56% | 1.98% | 1.34% | 4.70% | 2.75% | 2.86% | 2.18% | 2.72% | 2.66% |
ABNFX American Funds The Bond Fund of America® Class F-2 | 4.01% | 4.37% | 4.55% | 3.19% | 2.37% | 2.07% | 5.15% | 3.72% | 2.65% | 2.10% | 2.31% | 2.24% |
Drawdowns
FBNDX vs. ABNFX - Drawdown Comparison
The maximum FBNDX drawdown since its inception was -42.76%, which is greater than ABNFX's maximum drawdown of -17.69%. Use the drawdown chart below to compare losses from any high point for FBNDX and ABNFX.
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Drawdown Indicators
| FBNDX | ABNFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.76% | -17.69% | -25.07% |
Max Drawdown (1Y)Largest decline over 1 year | -2.88% | -2.94% | +0.06% |
Max Drawdown (5Y)Largest decline over 5 years | -18.74% | -17.65% | -1.09% |
Max Drawdown (10Y)Largest decline over 10 years | -18.74% | -17.69% | -1.05% |
Current DrawdownCurrent decline from peak | -2.31% | -2.65% | +0.34% |
Average DrawdownAverage peak-to-trough decline | -10.37% | -3.30% | -7.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.00% | 1.03% | -0.03% |
Volatility
FBNDX vs. ABNFX - Volatility Comparison
Fidelity Investment Grade Bond Fund (FBNDX) has a higher volatility of 1.62% compared to American Funds The Bond Fund of America® Class F-2 (ABNFX) at 1.49%. This indicates that FBNDX's price experiences larger fluctuations and is considered to be riskier than ABNFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FBNDX | ABNFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.62% | 1.49% | +0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 2.74% | 2.49% | +0.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.62% | 4.39% | +0.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.00% | 5.91% | +0.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.00% | 4.87% | +0.13% |