FIALX vs. FSKAX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Sustainable Core Plus Bond Fund (FIALX) and Fidelity Total Market Index Fund (FSKAX).

FIALX is managed by Fidelity. It was launched on Apr 13, 2022. FSKAX is managed by Fidelity.

Performance

FIALX vs. FSKAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Sustainable Core Plus Bond Fund (FIALX) and Fidelity Total Market Index Fund (FSKAX). The values are adjusted to include any dividend payments, if applicable.

FIALX vs. FSKAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FIALX Fidelity Sustainable Core Plus Bond Fund	-0.48%	7.26%	1.67%	6.20%	-5.56%
FSKAX Fidelity Total Market Index Fund	-6.77%	17.06%	23.89%	26.12%	-9.82%

Returns By Period

In the year-to-date period, FIALX achieves a -0.48% return, which is significantly higher than FSKAX's -6.77% return.

FIALX

• 1D: 0.43%
• 1M: -2.41%
• YTD: -0.48%
• 6M: 0.41%
• 1Y: 3.92%
• 3Y*: 3.73%
• 5Y*: —
• 10Y*: —

FSKAX

• 1D: -0.47%
• 1M: -7.69%
• YTD: -6.77%
• 6M: -4.56%
• 1Y: 14.73%
• 3Y*: 16.72%
• 5Y*: 10.13%
• 10Y*: 13.23%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FIALX vs. FSKAX - Expense Ratio Comparison

FIALX has a 0.45% expense ratio, which is higher than FSKAX's 0.02% expense ratio.

FIALX

Fidelity Sustainable Core Plus Bond Fund

FSKAX

Fidelity Total Market Index Fund

Return for Risk

FIALX vs. FSKAX — Risk / Return Rank

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

FIALX

FIALX Risk / Return Rank: 57
FIALX Sharpe Ratio Rank: 56
FIALX Sortino Ratio Rank: 56
FIALX Omega Ratio Rank: 41
FIALX Calmar Ratio Rank: 76
FIALX Martin Ratio Rank: 57

FSKAX

FSKAX Risk / Return Rank: 45
FSKAX Sharpe Ratio Rank: 40
FSKAX Sortino Ratio Rank: 44
FSKAX Omega Ratio Rank: 48
FSKAX Calmar Ratio Rank: 41
FSKAX Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FIALX vs. FSKAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable Core Plus Bond Fund (FIALX) and Fidelity Total Market Index Fund (FSKAX). 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.

	FIALX	FSKAX	Difference
Sharpe ratio Return per unit of total volatility	1.06	0.83	+0.23
Sortino ratio Return per unit of downside risk	1.52	1.29	+0.23
Omega ratio Gain probability vs. loss probability	1.19	1.19	-0.01
Calmar ratio Return relative to maximum drawdown	1.79	1.04	+0.75
Martin ratio Return relative to average drawdown	5.53	5.05	+0.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIALX vs. FSKAX - Sharpe Ratio Comparison

The current FIALX Sharpe Ratio is 1.06, which is comparable to the FSKAX Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of FIALX and FSKAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FIALX	FSKAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	0.83	+0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.59	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.78	-0.41

Correlation

The correlation between FIALX and FSKAX is 0.20, 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

FIALX vs. FSKAX - Dividend Comparison

FIALX's dividend yield for the trailing twelve months is around 3.77%, more than FSKAX's 1.09% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIALX Fidelity Sustainable Core Plus Bond Fund	3.77%	4.07%	4.07%	3.25%	1.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FSKAX Fidelity Total Market Index Fund	1.09%	1.01%	1.19%	1.41%	1.62%	1.15%	1.45%	1.94%	2.54%	2.07%	2.43%	0.82%

Drawdowns

FIALX vs. FSKAX - Drawdown Comparison

The maximum FIALX drawdown since its inception was -9.77%, smaller than the maximum FSKAX drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FIALX and FSKAX.

Drawdown Indicators

	FIALX	FSKAX	Difference
Max Drawdown Largest peak-to-trough decline	-9.77%	-35.01%	+25.24%
Max Drawdown (1Y) Largest decline over 1 year	-2.83%	-12.42%	+9.59%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.39%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.01%	—
Current Drawdown Current decline from peak	-2.41%	-8.92%	+6.51%
Average Drawdown Average peak-to-trough decline	-2.37%	-4.05%	+1.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.91%	2.57%	-1.66%

Volatility

FIALX vs. FSKAX - Volatility Comparison

The current volatility for Fidelity Sustainable Core Plus Bond Fund (FIALX) is 1.54%, while Fidelity Total Market Index Fund (FSKAX) has a volatility of 4.42%. This indicates that FIALX experiences smaller price fluctuations and is considered to be less risky than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIALX	FSKAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.54%	4.42%	-2.88%
Volatility (6M) Calculated over the trailing 6-month period	2.52%	9.40%	-6.88%
Volatility (1Y) Calculated over the trailing 1-year period	4.26%	18.50%	-14.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.03%	17.38%	-11.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.03%	18.42%	-12.39%