FCBFX vs. FZROX
Compare and contrast key facts about Fidelity Corporate Bond Fund (FCBFX) and Fidelity ZERO Total Market Index Fund (FZROX).
FCBFX is managed by Fidelity. It was launched on May 4, 2010. FZROX is managed by Fidelity.
Performance
FCBFX vs. FZROX - Performance Comparison
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FCBFX vs. FZROX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FCBFX Fidelity Corporate Bond Fund | -1.20% | 7.86% | 2.82% | 8.82% | -17.11% | -1.59% | 10.59% | 14.48% | -0.84% |
FZROX Fidelity ZERO Total Market Index Fund | -6.77% | 17.23% | 23.94% | 26.20% | -19.21% | 26.00% | 20.51% | 31.15% | -12.72% |
Returns By Period
In the year-to-date period, FCBFX achieves a -1.20% return, which is significantly higher than FZROX's -6.77% return.
FCBFX
- 1D
- 0.57%
- 1M
- -2.76%
- YTD
- -1.20%
- 6M
- -0.42%
- 1Y
- 4.08%
- 3Y*
- 4.82%
- 5Y*
- 0.46%
- 10Y*
- 2.84%
FZROX
- 1D
- -0.45%
- 1M
- -7.71%
- YTD
- -6.77%
- 6M
- -4.49%
- 1Y
- 14.82%
- 3Y*
- 16.81%
- 5Y*
- 10.36%
- 10Y*
- —
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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.
Return for Risk
FCBFX vs. FZROX — Risk / Return Rank
FCBFX
FZROX
FCBFX vs. FZROX - Risk-Adjusted Trends 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.
| FCBFX | FZROX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.98 | 0.84 | +0.14 |
Sortino ratioReturn per unit of downside risk | 1.37 | 1.30 | +0.07 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.20 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.55 | 1.05 | +0.50 |
Martin ratioReturn relative to average drawdown | 5.00 | 5.11 | -0.12 |
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
| FCBFX | FZROX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 0.84 | +0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 0.60 | -0.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.61 | +0.09 |
Correlation
The correlation between FCBFX and FZROX is 0.09, 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
FCBFX vs. FZROX - Dividend Comparison
FCBFX's dividend yield for the trailing twelve months is around 3.85%, more than FZROX's 1.10% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCBFX Fidelity Corporate Bond Fund | 3.85% | 4.11% | 3.95% | 3.74% | 2.53% | 2.82% | 3.19% | 3.28% | 3.65% | 3.16% | 3.55% | 3.01% |
FZROX Fidelity ZERO Total Market Index Fund | 1.10% | 1.02% | 1.16% | 1.36% | 1.57% | 1.25% | 1.27% | 1.51% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FCBFX vs. FZROX - Drawdown Comparison
The maximum FCBFX drawdown since its inception was -23.23%, 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.
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Drawdown Indicators
| FCBFX | FZROX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.23% | -34.96% | +11.73% |
Max Drawdown (1Y)Largest decline over 1 year | -3.31% | -12.44% | +9.13% |
Max Drawdown (5Y)Largest decline over 5 years | -23.21% | -25.12% | +1.91% |
Max Drawdown (10Y)Largest decline over 10 years | -23.23% | — | — |
Current DrawdownCurrent decline from peak | -2.76% | -8.89% | +6.13% |
Average DrawdownAverage peak-to-trough decline | -4.00% | -5.61% | +1.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 2.56% | -1.53% |
Volatility
FCBFX vs. FZROX - Volatility Comparison
The current volatility for Fidelity Corporate Bond Fund (FCBFX) is 1.85%, while Fidelity ZERO Total Market Index Fund (FZROX) has a volatility of 4.41%. 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.
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Volatility by Period
| FCBFX | FZROX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.85% | 4.41% | -2.56% |
Volatility (6M)Calculated over the trailing 6-month period | 2.86% | 9.34% | -6.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.78% | 18.49% | -13.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.68% | 17.40% | -10.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.94% | 20.25% | -14.31% |