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FIBUX vs. FXNAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FIBUX vs. FXNAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Flex U.S. Bond Index Fund (FIBUX) and Fidelity U.S. Bond Index Fund (FXNAX). The values are adjusted to include any dividend payments, if applicable.

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FIBUX vs. FXNAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FIBUX
Fidelity Flex U.S. Bond Index Fund
-0.24%7.20%1.31%5.46%-13.41%-2.16%7.08%8.58%0.12%3.81%
FXNAX
Fidelity U.S. Bond Index Fund
-0.26%7.14%1.35%5.82%-13.55%-2.10%7.63%8.50%0.04%3.98%

Returns By Period

In the year-to-date period, FIBUX achieves a -0.24% return, which is significantly higher than FXNAX's -0.26% return.


FIBUX

1D
0.22%
1M
-1.61%
YTD
-0.24%
6M
0.51%
1Y
3.75%
3Y*
3.51%
5Y*
0.05%
10Y*

FXNAX

1D
0.19%
1M
-1.60%
YTD
-0.26%
6M
0.47%
1Y
3.69%
3Y*
3.52%
5Y*
0.10%
10Y*
1.54%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FIBUX vs. FXNAX - Expense Ratio Comparison

FIBUX has a 0.00% expense ratio, which is lower than FXNAX'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%.


Return for Risk

FIBUX vs. FXNAX — Risk / Return Rank

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

FIBUX
FIBUX Risk / Return Rank: 4747
Overall Rank
FIBUX Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
FIBUX Sortino Ratio Rank: 3939
Sortino Ratio Rank
FIBUX Omega Ratio Rank: 2929
Omega Ratio Rank
FIBUX Calmar Ratio Rank: 7676
Calmar Ratio Rank
FIBUX Martin Ratio Rank: 5252
Martin Ratio Rank

FXNAX
FXNAX Risk / Return Rank: 4646
Overall Rank
FXNAX Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
FXNAX Sortino Ratio Rank: 4242
Sortino Ratio Rank
FXNAX Omega Ratio Rank: 3030
Omega Ratio Rank
FXNAX Calmar Ratio Rank: 7070
Calmar Ratio Rank
FXNAX Martin Ratio Rank: 4545
Martin Ratio Rank
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.

FIBUX vs. FXNAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex U.S. Bond Index Fund (FIBUX) and Fidelity U.S. Bond Index Fund (FXNAX). 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.


FIBUXFXNAXDifference

Sharpe ratio

Return per unit of total volatility

0.91

0.93

-0.02

Sortino ratio

Return per unit of downside risk

1.30

1.33

-0.04

Omega ratio

Gain probability vs. loss probability

1.16

1.16

0.00

Calmar ratio

Return relative to maximum drawdown

1.84

1.66

+0.18

Martin ratio

Return relative to average drawdown

5.19

4.68

+0.52

FIBUX vs. FXNAX - Sharpe Ratio Comparison

The current FIBUX Sharpe Ratio is 0.91, which is comparable to the FXNAX Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of FIBUX and FXNAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FIBUXFXNAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.91

0.93

-0.02

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.01

0.02

-0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.31

Sharpe Ratio (All Time)

Calculated using the full available price history

0.34

0.45

-0.11

Correlation

The correlation between FIBUX and FXNAX is 0.97, 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.


Dividends

FIBUX vs. FXNAX - Dividend Comparison

FIBUX's dividend yield for the trailing twelve months is around 3.69%, more than FXNAX's 3.34% yield.


TTM20252024202320222021202020192018201720162015
FIBUX
Fidelity Flex U.S. Bond Index Fund
3.69%3.95%3.65%2.93%1.62%1.18%2.32%2.96%2.70%2.45%0.00%0.00%
FXNAX
Fidelity U.S. Bond Index Fund
3.34%3.58%3.40%3.15%1.81%1.74%2.92%2.68%2.74%2.57%2.76%2.52%

Drawdowns

FIBUX vs. FXNAX - Drawdown Comparison

The maximum FIBUX drawdown since its inception was -19.76%, roughly equal to the maximum FXNAX drawdown of -19.51%. Use the drawdown chart below to compare losses from any high point for FIBUX and FXNAX.


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Drawdown Indicators


FIBUXFXNAXDifference

Max Drawdown

Largest peak-to-trough decline

-19.76%

-19.51%

-0.25%

Max Drawdown (1Y)

Largest decline over 1 year

-2.78%

-2.71%

-0.07%

Max Drawdown (5Y)

Largest decline over 5 years

-18.40%

-18.54%

+0.14%

Max Drawdown (10Y)

Largest decline over 10 years

-19.51%

Current Drawdown

Current decline from peak

-4.10%

-3.53%

-0.57%

Average Drawdown

Average peak-to-trough decline

-5.83%

-3.87%

-1.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.99%

0.96%

+0.03%

Volatility

FIBUX vs. FXNAX - Volatility Comparison

Fidelity Flex U.S. Bond Index Fund (FIBUX) and Fidelity U.S. Bond Index Fund (FXNAX) have volatilities of 1.61% and 1.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FIBUXFXNAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.61%

1.55%

+0.06%

Volatility (6M)

Calculated over the trailing 6-month period

2.65%

2.58%

+0.07%

Volatility (1Y)

Calculated over the trailing 1-year period

4.44%

4.35%

+0.09%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.01%

6.04%

-0.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.13%

4.99%

+0.14%