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FCBFX vs. FZROX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FCBFX and FZROX 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.


-0.50.00.51.0
Correlation: 0.1

Performance

FCBFX vs. FZROX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Corporate Bond Fund (FCBFX) and Fidelity ZERO Total Market Index Fund (FZROX). The values are adjusted to include any dividend payments, if applicable.

20.00%40.00%60.00%80.00%100.00%120.00%140.00%December2025FebruaryMarchAprilMay
16.47%
113.38%
FCBFX
FZROX

Key characteristics

Sharpe Ratio

FCBFX:

0.97

FZROX:

0.70

Sortino Ratio

FCBFX:

1.43

FZROX:

1.09

Omega Ratio

FCBFX:

1.17

FZROX:

1.16

Calmar Ratio

FCBFX:

0.45

FZROX:

0.71

Martin Ratio

FCBFX:

2.83

FZROX:

2.78

Ulcer Index

FCBFX:

2.02%

FZROX:

4.94%

Daily Std Dev

FCBFX:

5.90%

FZROX:

19.76%

Max Drawdown

FCBFX:

-23.12%

FZROX:

-34.96%

Current Drawdown

FCBFX:

-7.17%

FZROX:

-7.65%

Returns By Period

In the year-to-date period, FCBFX achieves a 1.56% return, which is significantly higher than FZROX's -3.39% return.


FCBFX

YTD

1.56%

1M

-0.99%

6M

1.47%

1Y

5.71%

5Y*

0.18%

10Y*

2.43%

FZROX

YTD

-3.39%

1M

12.26%

6M

-0.45%

1Y

11.55%

5Y*

16.10%

10Y*

N/A

*Annualized

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FCBFX vs. FZROX - Expense Ratio Comparison

FCBFX has a 0.44% expense ratio, which is higher than FZROX's 0.00% expense ratio.


Expense ratio chart for FCBFX: current value is 0.44%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FCBFX: 0.44%
Expense ratio chart for FZROX: current value is 0.00%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FZROX: 0.00%

Risk-Adjusted Performance

FCBFX vs. FZROX — Risk-Adjusted Performance Rank

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

FCBFX
The Risk-Adjusted Performance Rank of FCBFX is 6464
Overall Rank
The Sharpe Ratio Rank of FCBFX is 7272
Sharpe Ratio Rank
The Sortino Ratio Rank of FCBFX is 7272
Sortino Ratio Rank
The Omega Ratio Rank of FCBFX is 6464
Omega Ratio Rank
The Calmar Ratio Rank of FCBFX is 5151
Calmar Ratio Rank
The Martin Ratio Rank of FCBFX is 6363
Martin Ratio Rank

FZROX
The Risk-Adjusted Performance Rank of FZROX is 6262
Overall Rank
The Sharpe Ratio Rank of FZROX is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of FZROX is 5959
Sortino Ratio Rank
The Omega Ratio Rank of FZROX is 6161
Omega Ratio Rank
The Calmar Ratio Rank of FZROX is 6969
Calmar Ratio Rank
The Martin Ratio Rank of FZROX is 6262
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.

FCBFX vs. FZROX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Corporate Bond Fund (FCBFX) and Fidelity ZERO Total Market Index Fund (FZROX). 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 FCBFX, currently valued at 0.97, compared to the broader market-2.00-1.000.001.002.003.00
FCBFX: 0.97
FZROX: 0.59
The chart of Sortino ratio for FCBFX, currently valued at 1.43, compared to the broader market-2.000.002.004.006.008.00
FCBFX: 1.43
FZROX: 0.94
The chart of Omega ratio for FCBFX, currently valued at 1.17, compared to the broader market0.501.001.502.002.503.00
FCBFX: 1.17
FZROX: 1.14
The chart of Calmar ratio for FCBFX, currently valued at 0.45, compared to the broader market0.002.004.006.008.0010.00
FCBFX: 0.45
FZROX: 0.60
The chart of Martin ratio for FCBFX, currently valued at 2.83, compared to the broader market0.0010.0020.0030.0040.00
FCBFX: 2.83
FZROX: 2.34

The current FCBFX Sharpe Ratio is 0.97, which is higher than the FZROX Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of FCBFX and FZROX, 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 Ratio0.001.002.003.00December2025FebruaryMarchAprilMay
0.97
0.59
FCBFX
FZROX

Dividends

FCBFX vs. FZROX - Dividend Comparison

FCBFX's dividend yield for the trailing twelve months is around 4.06%, more than FZROX's 1.20% yield.


TTM20242023202220212020201920182017201620152014
FCBFX
Fidelity Corporate Bond Fund
4.06%3.96%3.74%3.36%3.02%3.39%3.28%3.64%3.17%3.26%3.32%3.07%
FZROX
Fidelity ZERO Total Market Index Fund
1.20%1.16%1.36%1.57%1.08%1.27%1.45%0.63%0.00%0.00%0.00%0.00%

Drawdowns

FCBFX vs. FZROX - Drawdown Comparison

The maximum FCBFX drawdown since its inception was -23.12%, smaller than the maximum FZROX drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FCBFX and FZROX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-7.17%
-7.65%
FCBFX
FZROX

Volatility

FCBFX vs. FZROX - Volatility Comparison

The current volatility for Fidelity Corporate Bond Fund (FCBFX) is 2.36%, while Fidelity ZERO Total Market Index Fund (FZROX) has a volatility of 14.33%. This indicates that FCBFX experiences smaller price fluctuations and is considered to be less risky than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2025FebruaryMarchAprilMay
2.36%
14.33%
FCBFX
FZROX