FIBUX vs. FUMBX
Compare and contrast key facts about Fidelity Flex U.S. Bond Index Fund (FIBUX) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX).
FIBUX is managed by Fidelity. It was launched on Mar 9, 2017. FUMBX is a passively managed fund by Fidelity that tracks the performance of the Bloomberg Barclays 1-5 Year U.S. Treasury Index. It was launched on Dec 20, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIBUX or FUMBX.
Key characteristics
| FIBUX | FUMBX | |
|---|---|---|
| YTD Return | 2.07% | 2.98% |
| 1Y Return | 10.27% | 6.03% |
| 3Y Return (Ann) | -2.26% | 0.40% |
| 5Y Return (Ann) | -0.27% | 0.89% |
| Sharpe Ratio | 1.45 | 1.92 |
| Sortino Ratio | 2.15 | 2.97 |
| Omega Ratio | 1.26 | 1.41 |
| Calmar Ratio | 0.54 | 1.00 |
| Martin Ratio | 5.42 | 8.28 |
| Ulcer Index | 1.59% | 0.64% |
| Daily Std Dev | 6.02% | 2.78% |
| Max Drawdown | -18.76% | -8.40% |
| Current Drawdown | -8.78% | -1.37% |
Correlation
The correlation between FIBUX and FUMBX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FIBUX vs. FUMBX - Performance Comparison
In the year-to-date period, FIBUX achieves a 2.07% return, which is significantly lower than FUMBX's 2.98% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FIBUX vs. FUMBX - Expense Ratio Comparison
FIBUX has a 0.00% expense ratio, which is lower than FUMBX's 0.03% 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. FUMBX - 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 Short-Term Treasury Bond Index Fund (FUMBX). 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. FUMBX - Dividend Comparison
FIBUX's dividend yield for the trailing twelve months is around 3.17%, more than FUMBX's 1.85% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FIBUX Fidelity Flex U.S. Bond Index Fund | 3.17% | 2.93% | 2.15% | 1.47% | 2.92% | 2.95% | 2.71% | 2.34% |
FUMBX Fidelity Short-Term Treasury Bond Index Fund | 1.85% | 1.64% | 1.11% | 1.29% | 1.59% | 1.89% | 1.64% | 0.35% |
Drawdowns
FIBUX vs. FUMBX - Drawdown Comparison
The maximum FIBUX drawdown since its inception was -18.76%, which is greater than FUMBX's maximum drawdown of -8.40%. Use the drawdown chart below to compare losses from any high point for FIBUX and FUMBX. For additional features, visit the drawdowns tool.
Volatility
FIBUX vs. FUMBX - Volatility Comparison
Fidelity Flex U.S. Bond Index Fund (FIBUX) has a higher volatility of 1.33% compared to Fidelity Short-Term Treasury Bond Index Fund (FUMBX) at 0.65%. This indicates that FIBUX's price experiences larger fluctuations and is considered to be riskier than FUMBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.