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.
Performance
FBNDX vs. FUMBX - Performance Comparison
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FBNDX vs. FUMBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FBNDX Fidelity Investment Grade Bond Fund | -0.50% | 7.37% | 0.93% | 6.51% | -14.04% | -1.13% | 9.79% | 9.82% | -0.35% | 0.40% |
FUMBX Fidelity Short-Term Treasury Bond Index Fund | -0.20% | 5.83% | 3.25% | 4.47% | -5.84% | -1.38% | 4.22% | 4.19% | 1.47% | -0.33% |
Returns By Period
In the year-to-date period, FBNDX achieves a -0.50% return, which is significantly lower than FUMBX's -0.20% 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%
FUMBX
- 1D
- 0.19%
- 1M
- -1.15%
- YTD
- -0.20%
- 6M
- 0.95%
- 1Y
- 3.45%
- 3Y*
- 3.77%
- 5Y*
- 1.29%
- 10Y*
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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.
Return for Risk
FBNDX vs. FUMBX — Risk / Return Rank
FBNDX
FUMBX
FBNDX vs. FUMBX - Risk-Adjusted Trends 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.
| FBNDX | FUMBX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.96 | 1.64 | -0.68 |
Sortino ratioReturn per unit of downside risk | 1.39 | 2.58 | -1.19 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.35 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | 1.73 | 2.66 | -0.93 |
Martin ratioReturn relative to average drawdown | 5.05 | 9.30 | -4.26 |
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 | FUMBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.96 | 1.64 | -0.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | 0.45 | -0.41 |
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 | 0.72 | -0.20 |
Correlation
The correlation between FBNDX and FUMBX is 0.79, 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. FUMBX - Dividend Comparison
FBNDX's dividend yield for the trailing twelve months is around 3.58%, more than FUMBX's 3.42% 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% |
FUMBX Fidelity Short-Term Treasury Bond Index Fund | 3.42% | 3.51% | 2.91% | 1.64% | 0.86% | 1.15% | 1.41% | 1.88% | 1.64% | 0.34% | 0.00% | 0.00% |
Drawdowns
FBNDX vs. FUMBX - Drawdown Comparison
The maximum FBNDX drawdown since its inception was -42.76%, which is greater than FUMBX's maximum drawdown of -8.83%. Use the drawdown chart below to compare losses from any high point for FBNDX and FUMBX.
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Drawdown Indicators
| FBNDX | FUMBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.76% | -8.83% | -33.93% |
Max Drawdown (1Y)Largest decline over 1 year | -2.88% | -1.54% | -1.34% |
Max Drawdown (5Y)Largest decline over 5 years | -18.74% | -8.60% | -10.14% |
Max Drawdown (10Y)Largest decline over 10 years | -18.74% | — | — |
Current DrawdownCurrent decline from peak | -2.44% | -1.15% | -1.29% |
Average DrawdownAverage peak-to-trough decline | -10.37% | -1.88% | -8.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 0.44% | +0.55% |
Volatility
FBNDX vs. FUMBX - Volatility Comparison
Fidelity Investment Grade Bond Fund (FBNDX) has a higher volatility of 1.63% compared to Fidelity Short-Term Treasury Bond Index Fund (FUMBX) at 0.76%. 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.
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Volatility by Period
| FBNDX | FUMBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.63% | 0.76% | +0.87% |
Volatility (6M)Calculated over the trailing 6-month period | 2.74% | 1.37% | +1.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.63% | 2.32% | +2.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.00% | 2.89% | +3.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.00% | 2.49% | +2.51% |