FIBUX vs. FJTDX
Compare and contrast key facts about Fidelity Flex U.S. Bond Index Fund (FIBUX) and Fidelity Flex Conservative Income Bond Fund (FJTDX).
FIBUX is managed by Fidelity. It was launched on Mar 9, 2017. FJTDX is managed by Fidelity. It was launched on May 31, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIBUX or FJTDX.
Correlation
The correlation between FIBUX and FJTDX is 0.28, 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.
Performance
FIBUX vs. FJTDX - Performance Comparison
Key characteristics
FIBUX:
0.25
FJTDX:
3.50
FIBUX:
0.38
FJTDX:
18.07
FIBUX:
1.05
FJTDX:
7.02
FIBUX:
0.10
FJTDX:
55.30
FIBUX:
0.70
FJTDX:
111.06
FIBUX:
1.98%
FJTDX:
0.05%
FIBUX:
5.57%
FJTDX:
1.57%
FIBUX:
-19.46%
FJTDX:
-1.90%
FIBUX:
-10.40%
FJTDX:
-0.10%
Returns By Period
In the year-to-date period, FIBUX achieves a 1.15% return, which is significantly lower than FJTDX's 5.54% return.
FIBUX
1.15%
-0.55%
1.08%
1.37%
-0.57%
N/A
FJTDX
5.54%
0.31%
2.78%
5.65%
2.83%
N/A
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FIBUX vs. FJTDX - Expense Ratio Comparison
FIBUX has a 0.00% expense ratio, which is lower than FJTDX's 0.00% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FIBUX vs. FJTDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex U.S. Bond Index Fund (FIBUX) and Fidelity Flex Conservative Income Bond Fund (FJTDX). 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.
Dividends
FIBUX vs. FJTDX - Dividend Comparison
FIBUX's dividend yield for the trailing twelve months is around 3.25%, less than FJTDX's 5.38% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|---|---|---|
Fidelity Flex U.S. Bond Index Fund | 3.25% | 2.91% | 2.15% | 1.46% | 2.05% | 2.77% | 2.72% | 1.77% |
Fidelity Flex Conservative Income Bond Fund | 5.38% | 5.16% | 1.85% | 0.44% | 1.24% | 2.64% | 1.16% | 0.00% |
Drawdowns
FIBUX vs. FJTDX - Drawdown Comparison
The maximum FIBUX drawdown since its inception was -19.46%, which is greater than FJTDX's maximum drawdown of -1.90%. Use the drawdown chart below to compare losses from any high point for FIBUX and FJTDX. For additional features, visit the drawdowns tool.
Volatility
FIBUX vs. FJTDX - Volatility Comparison
Fidelity Flex U.S. Bond Index Fund (FIBUX) has a higher volatility of 1.55% compared to Fidelity Flex Conservative Income Bond Fund (FJTDX) at 0.43%. This indicates that FIBUX's price experiences larger fluctuations and is considered to be riskier than FJTDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.