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

Correlation

The correlation between FBNDX and FBND is -0.03. 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: -0.0

Performance

FBNDX vs. FBND - Performance Comparison

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

16.00%18.00%20.00%22.00%24.00%26.00%28.00%NovemberDecember2025FebruaryMarchApril
19.55%
26.95%
FBNDX
FBND

Key characteristics

Sharpe Ratio

FBNDX:

1.23

FBND:

1.32

Sortino Ratio

FBNDX:

1.83

FBND:

1.92

Omega Ratio

FBNDX:

1.22

FBND:

1.23

Calmar Ratio

FBNDX:

0.49

FBND:

0.69

Martin Ratio

FBNDX:

3.25

FBND:

3.81

Ulcer Index

FBNDX:

2.11%

FBND:

1.88%

Daily Std Dev

FBNDX:

5.57%

FBND:

5.42%

Max Drawdown

FBNDX:

-20.16%

FBND:

-17.25%

Current Drawdown

FBNDX:

-8.19%

FBND:

-3.54%

Returns By Period

In the year-to-date period, FBNDX achieves a 1.67% return, which is significantly lower than FBND's 2.10% return. Over the past 10 years, FBNDX has underperformed FBND with an annualized return of 1.54%, while FBND has yielded a comparatively higher 2.11% annualized return.


FBNDX

YTD

1.67%

1M

-0.50%

6M

0.86%

1Y

6.54%

5Y*

-0.67%

10Y*

1.54%

FBND

YTD

2.10%

1M

-0.21%

6M

1.24%

1Y

7.22%

5Y*

0.56%

10Y*

2.11%

*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. FBND - Expense Ratio Comparison

FBNDX has a 0.45% expense ratio, which is higher than FBND's 0.36% 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 FBND: current value is 0.36%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FBND: 0.36%

Risk-Adjusted Performance

FBNDX vs. FBND — 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

FBND
The Risk-Adjusted Performance Rank of FBND is 8383
Overall Rank
The Sharpe Ratio Rank of FBND is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of FBND is 8888
Sortino Ratio Rank
The Omega Ratio Rank of FBND is 8585
Omega Ratio Rank
The Calmar Ratio Rank of FBND is 7575
Calmar Ratio Rank
The Martin Ratio Rank of FBND is 7979
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. FBND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Investment Grade Bond Fund (FBNDX) and Fidelity Total Bond ETF (FBND). 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
FBND: 1.40
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
FBND: 2.04
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
FBND: 1.25
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
FBND: 0.75
The chart of Martin ratio for FBNDX, currently valued at 3.25, compared to the broader market0.0010.0020.0030.0040.0050.00
FBNDX: 3.25
FBND: 4.02

The current FBNDX Sharpe Ratio is 1.23, which is comparable to the FBND Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of FBNDX and FBND, 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
1.40
FBNDX
FBND

Dividends

FBNDX vs. FBND - Dividend Comparison

FBNDX's dividend yield for the trailing twelve months is around 3.94%, less than FBND's 4.63% 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%
FBND
Fidelity Total Bond ETF
4.63%4.73%4.26%3.07%1.86%4.25%2.90%2.93%2.56%2.84%3.26%0.66%

Drawdowns

FBNDX vs. FBND - Drawdown Comparison

The maximum FBNDX drawdown since its inception was -20.16%, which is greater than FBND's maximum drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for FBNDX and FBND. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%NovemberDecember2025FebruaryMarchApril
-8.19%
-3.54%
FBNDX
FBND

Volatility

FBNDX vs. FBND - Volatility Comparison

Fidelity Investment Grade Bond Fund (FBNDX) and Fidelity Total Bond ETF (FBND) have volatilities of 2.23% and 2.32%, 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%2.40%NovemberDecember2025FebruaryMarchApril
2.23%
2.32%
FBNDX
FBND