FEPAX vs. FNILX
Compare and contrast key facts about Fidelity Advisor Total Bond Fund Class A (FEPAX) and Fidelity ZERO Large Cap Index Fund (FNILX).
FEPAX is managed by Fidelity. It was launched on Oct 15, 2002. FNILX is managed by Fidelity.
Performance
FEPAX vs. FNILX - Performance Comparison
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FEPAX vs. FNILX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FEPAX Fidelity Advisor Total Bond Fund Class A | -0.54% | 7.18% | 1.16% | 6.54% | -13.76% | -0.56% | 9.02% | 9.55% | 0.27% |
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, FEPAX achieves a -0.54% return, which is significantly higher than FNILX's -7.30% return.
FEPAX
- 1D
- 0.53%
- 1M
- -2.35%
- YTD
- -0.54%
- 6M
- 0.34%
- 1Y
- 3.90%
- 3Y*
- 3.68%
- 5Y*
- 0.30%
- 10Y*
- 2.14%
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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FEPAX vs. FNILX - Expense Ratio Comparison
FEPAX has a 0.75% expense ratio, which is higher than FNILX's 0.00% expense ratio.
Return for Risk
FEPAX vs. FNILX — Risk / Return Rank
FEPAX
FNILX
FEPAX vs. FNILX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Total Bond Fund Class A (FEPAX) 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.
| FEPAX | FNILX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.03 | 0.83 | +0.21 |
Sortino ratioReturn per unit of downside risk | 1.50 | 1.28 | +0.22 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.20 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.69 | 1.04 | +0.65 |
Martin ratioReturn relative to average drawdown | 5.18 | 5.01 | +0.16 |
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
| FEPAX | FNILX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 0.83 | +0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.65 | -0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.83 | 0.64 | +0.20 |
Correlation
The correlation between FEPAX and FNILX is 0.08, 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
FEPAX vs. FNILX - Dividend Comparison
FEPAX's dividend yield for the trailing twelve months is around 3.75%, more than FNILX's 1.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEPAX Fidelity Advisor Total Bond Fund Class A | 3.75% | 4.07% | 3.18% | 3.51% | 2.29% | 1.68% | 4.93% | 2.73% | 2.87% | 2.49% | 3.28% | 3.01% |
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
FEPAX vs. FNILX - Drawdown Comparison
The maximum FEPAX drawdown since its inception was -18.52%, smaller than the maximum FNILX drawdown of -33.76%. Use the drawdown chart below to compare losses from any high point for FEPAX and FNILX.
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Drawdown Indicators
| FEPAX | FNILX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.52% | -33.76% | +15.24% |
Max Drawdown (1Y)Largest decline over 1 year | -2.91% | -12.18% | +9.27% |
Max Drawdown (5Y)Largest decline over 5 years | -18.52% | -25.40% | +6.88% |
Max Drawdown (10Y)Largest decline over 10 years | -18.52% | — | — |
Current DrawdownCurrent decline from peak | -2.35% | -9.01% | +6.66% |
Average DrawdownAverage peak-to-trough decline | -2.63% | -5.47% | +2.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 2.54% | -1.59% |
Volatility
FEPAX vs. FNILX - Volatility Comparison
The current volatility for Fidelity Advisor Total Bond Fund Class A (FEPAX) is 1.54%, while Fidelity ZERO Large Cap Index Fund (FNILX) has a volatility of 4.23%. This indicates that FEPAX 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
| FEPAX | FNILX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.54% | 4.23% | -2.69% |
Volatility (6M)Calculated over the trailing 6-month period | 2.58% | 9.14% | -6.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.36% | 18.26% | -13.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.62% | 17.22% | -11.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.70% | 20.17% | -15.47% |