FBNDX vs. FUMBX
Compare and contrast key facts about Fidelity Investment Grade Bond Fund (FBNDX) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX).
FBNDX is managed by Fidelity. It was launched on Aug 6, 1971. FUMBX is a passively managed fund by Fidelity that tracks the performance of the Bloomberg Barclays 1-5 Year U.S. Treasury Index. It was launched on Dec 20, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBNDX or FUMBX.
Correlation
The correlation between FBNDX and FUMBX is -0.07. 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.
Performance
FBNDX vs. FUMBX - Performance Comparison
Key characteristics
FBNDX:
1.23
FUMBX:
2.65
FBNDX:
1.83
FUMBX:
4.32
FBNDX:
1.22
FUMBX:
1.58
FBNDX:
0.49
FUMBX:
1.56
FBNDX:
3.25
FUMBX:
9.86
FBNDX:
2.11%
FUMBX:
0.68%
FBNDX:
5.57%
FUMBX:
2.54%
FBNDX:
-20.16%
FUMBX:
-9.07%
FBNDX:
-8.19%
FUMBX:
-0.39%
Returns By Period
In the year-to-date period, FBNDX achieves a 1.67% return, which is significantly lower than FUMBX's 2.29% return.
FBNDX
1.67%
-0.50%
0.86%
6.54%
-0.67%
1.54%
FUMBX
2.29%
0.80%
2.51%
6.62%
0.52%
N/A
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FBNDX vs. FUMBX - Expense Ratio Comparison
FBNDX has a 0.45% expense ratio, which is higher than FUMBX's 0.03% expense ratio.
Risk-Adjusted Performance
FBNDX vs. FUMBX — Risk-Adjusted Performance Rank
FBNDX
FUMBX
FBNDX vs. FUMBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Investment Grade Bond Fund (FBNDX) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX). 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.
Dividends
FBNDX vs. FUMBX - Dividend Comparison
FBNDX's dividend yield for the trailing twelve months is around 3.94%, more than FUMBX's 3.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
FUMBX Fidelity Short-Term Treasury Bond Index Fund | 3.02% | 2.90% | 1.65% | 1.12% | 0.83% | 1.31% | 1.88% | 1.64% | 0.35% | 0.00% | 0.00% | 0.00% |
Drawdowns
FBNDX vs. FUMBX - Drawdown Comparison
The maximum FBNDX drawdown since its inception was -20.16%, which is greater than FUMBX's maximum drawdown of -9.07%. Use the drawdown chart below to compare losses from any high point for FBNDX and FUMBX. For additional features, visit the drawdowns tool.
Volatility
FBNDX vs. FUMBX - Volatility Comparison
Fidelity Investment Grade Bond Fund (FBNDX) has a higher volatility of 2.23% compared to Fidelity Short-Term Treasury Bond Index Fund (FUMBX) at 1.10%. This indicates that FBNDX's price experiences larger fluctuations and is considered to be riskier than FUMBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.