FBNDX vs. FNILX
Compare and contrast key facts about Fidelity Investment Grade Bond Fund (FBNDX) and Fidelity ZERO Large Cap Index Fund (FNILX).
FBNDX is managed by Fidelity. It was launched on Aug 6, 1971. FNILX is managed by Fidelity.
Performance
FBNDX vs. FNILX - Performance Comparison
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FBNDX vs. FNILX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FBNDX Fidelity Investment Grade Bond Fund | -0.50% | 7.37% | 0.93% | 6.51% | -14.04% | -1.13% | 9.79% | 9.82% | 1.09% |
FNILX Fidelity ZERO Large Cap Index Fund | -7.30% | 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, FBNDX achieves a -0.50% return, which is significantly higher than FNILX's -7.30% return.
FBNDX
- 1D
- 0.56%
- 1M
- -2.30%
- YTD
- -0.50%
- 6M
- 0.36%
- 1Y
- 3.77%
- 3Y*
- 3.56%
- 5Y*
- 0.23%
- 10Y*
- 2.21%
FNILX
- 1D
- -0.35%
- 1M
- -7.60%
- YTD
- -7.30%
- 6M
- -5.00%
- 1Y
- 14.41%
- 3Y*
- 17.43%
- 5Y*
- 11.17%
- 10Y*
- —
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FBNDX vs. FNILX - Expense Ratio Comparison
FBNDX has a 0.45% expense ratio, which is higher than FNILX's 0.00% expense ratio.
Return for Risk
FBNDX vs. FNILX — Risk / Return Rank
FBNDX
FNILX
FBNDX vs. FNILX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Investment Grade Bond Fund (FBNDX) 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.
| FBNDX | FNILX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.96 | 0.83 | +0.13 |
Sortino ratioReturn per unit of downside risk | 1.39 | 1.28 | +0.11 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.20 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.73 | 1.04 | +0.69 |
Martin ratioReturn relative to average drawdown | 5.05 | 5.01 | +0.03 |
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 | FNILX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.96 | 0.83 | +0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | 0.65 | -0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.64 | -0.11 |
Correlation
The correlation between FBNDX and FNILX is 0.06, 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
FBNDX vs. FNILX - Dividend Comparison
FBNDX's dividend yield for the trailing twelve months is around 3.58%, more than FNILX's 1.09% 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% |
FNILX Fidelity ZERO Large Cap Index Fund | 1.09% | 1.01% | 1.09% | 1.34% | 1.53% | 0.95% | 1.20% | 1.17% | 0.53% | 0.00% | 0.00% | 0.00% |
Drawdowns
FBNDX vs. FNILX - Drawdown Comparison
The maximum FBNDX drawdown since its inception was -42.76%, which is greater than FNILX's maximum drawdown of -33.76%. Use the drawdown chart below to compare losses from any high point for FBNDX and FNILX.
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Drawdown Indicators
| FBNDX | FNILX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.76% | -33.76% | -9.00% |
Max Drawdown (1Y)Largest decline over 1 year | -2.88% | -12.18% | +9.30% |
Max Drawdown (5Y)Largest decline over 5 years | -18.74% | -25.40% | +6.66% |
Max Drawdown (10Y)Largest decline over 10 years | -18.74% | — | — |
Current DrawdownCurrent decline from peak | -2.44% | -9.01% | +6.57% |
Average DrawdownAverage peak-to-trough decline | -10.37% | -5.47% | -4.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 2.54% | -1.55% |
Volatility
FBNDX vs. FNILX - Volatility Comparison
The current volatility for Fidelity Investment Grade Bond Fund (FBNDX) is 1.63%, while Fidelity ZERO Large Cap Index Fund (FNILX) has a volatility of 4.23%. This indicates that FBNDX 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
| FBNDX | FNILX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.63% | 4.23% | -2.60% |
Volatility (6M)Calculated over the trailing 6-month period | 2.74% | 9.14% | -6.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.63% | 18.26% | -13.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.00% | 17.22% | -11.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.00% | 20.17% | -15.17% |