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FBNDX vs. BND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FBNDX and BND is -0.16. 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.


-0.50.00.51.0
Correlation: -0.2

Performance

FBNDX vs. BND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Investment Grade Bond Fund (FBNDX) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

64.00%66.00%68.00%70.00%72.00%NovemberDecember2025FebruaryMarchApril
68.60%
68.98%
FBNDX
BND

Key characteristics

Sharpe Ratio

FBNDX:

1.23

BND:

1.30

Sortino Ratio

FBNDX:

1.83

BND:

1.89

Omega Ratio

FBNDX:

1.22

BND:

1.23

Calmar Ratio

FBNDX:

0.49

BND:

0.51

Martin Ratio

FBNDX:

3.25

BND:

3.35

Ulcer Index

FBNDX:

2.11%

BND:

2.05%

Daily Std Dev

FBNDX:

5.57%

BND:

5.31%

Max Drawdown

FBNDX:

-20.16%

BND:

-18.84%

Current Drawdown

FBNDX:

-8.19%

BND:

-7.18%

Returns By Period

In the year-to-date period, FBNDX achieves a 1.67% return, which is significantly lower than BND's 2.40% return. Over the past 10 years, FBNDX has outperformed BND with an annualized return of 1.54%, while BND has yielded a comparatively lower 1.37% annualized return.


FBNDX

YTD

1.67%

1M

-0.50%

6M

0.86%

1Y

6.54%

5Y*

-0.67%

10Y*

1.54%

BND

YTD

2.40%

1M

0.12%

6M

1.40%

1Y

6.96%

5Y*

-0.91%

10Y*

1.37%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FBNDX vs. BND - Expense Ratio Comparison

FBNDX has a 0.45% expense ratio, which is higher than BND's 0.03% expense ratio.


Expense ratio chart for FBNDX: current value is 0.45%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FBNDX: 0.45%
Expense ratio chart for BND: current value is 0.03%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BND: 0.03%

Risk-Adjusted Performance

FBNDX vs. BND — Risk-Adjusted Performance Rank

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

FBNDX
The Risk-Adjusted Performance Rank of FBNDX is 7878
Overall Rank
The Sharpe Ratio Rank of FBNDX is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of FBNDX is 8484
Sortino Ratio Rank
The Omega Ratio Rank of FBNDX is 8282
Omega Ratio Rank
The Calmar Ratio Rank of FBNDX is 6666
Calmar Ratio Rank
The Martin Ratio Rank of FBNDX is 7575
Martin Ratio Rank

BND
The Risk-Adjusted Performance Rank of BND is 8080
Overall Rank
The Sharpe Ratio Rank of BND is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of BND is 8888
Sortino Ratio Rank
The Omega Ratio Rank of BND is 8484
Omega Ratio Rank
The Calmar Ratio Rank of BND is 6565
Calmar Ratio Rank
The Martin Ratio Rank of BND 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.

FBNDX vs. BND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Investment Grade Bond Fund (FBNDX) and Vanguard Total Bond Market ETF (BND). 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 chart of Sharpe ratio for FBNDX, currently valued at 1.23, compared to the broader market-1.000.001.002.003.00
FBNDX: 1.23
BND: 1.38
The chart of Sortino ratio for FBNDX, currently valued at 1.83, compared to the broader market-2.000.002.004.006.008.00
FBNDX: 1.83
BND: 2.00
The chart of Omega ratio for FBNDX, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.00
FBNDX: 1.22
BND: 1.24
The chart of Calmar ratio for FBNDX, currently valued at 0.49, compared to the broader market0.002.004.006.008.0010.00
FBNDX: 0.49
BND: 0.54
The chart of Martin ratio for FBNDX, currently valued at 3.25, compared to the broader market0.0010.0020.0030.0040.00
FBNDX: 3.25
BND: 3.53

The current FBNDX Sharpe Ratio is 1.23, which is comparable to the BND Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of FBNDX and BND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
1.23
1.38
FBNDX
BND

Dividends

FBNDX vs. BND - Dividend Comparison

FBNDX's dividend yield for the trailing twelve months is around 3.94%, more than BND's 3.70% yield.


TTM20242023202220212020201920182017201620152014
FBNDX
Fidelity Investment Grade Bond Fund
3.94%3.99%3.56%2.67%1.53%1.88%2.77%2.85%2.36%2.31%2.90%2.59%
BND
Vanguard Total Bond Market ETF
3.70%3.67%3.09%2.60%1.97%2.22%2.72%2.81%2.54%2.51%2.57%2.79%

Drawdowns

FBNDX vs. BND - Drawdown Comparison

The maximum FBNDX drawdown since its inception was -20.16%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for FBNDX and BND. For additional features, visit the drawdowns tool.


-11.00%-10.00%-9.00%-8.00%-7.00%-6.00%NovemberDecember2025FebruaryMarchApril
-8.19%
-7.18%
FBNDX
BND

Volatility

FBNDX vs. BND - Volatility Comparison

Fidelity Investment Grade Bond Fund (FBNDX) and Vanguard Total Bond Market ETF (BND) have volatilities of 2.23% and 2.18%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.20%1.40%1.60%1.80%2.00%2.20%NovemberDecember2025FebruaryMarchApril
2.23%
2.18%
FBNDX
BND