FIBUX vs. FZROX
Compare and contrast key facts about Fidelity Flex U.S. Bond Index Fund (FIBUX) and Fidelity ZERO Total Market Index Fund (FZROX).
FIBUX is managed by Fidelity. It was launched on Mar 9, 2017. FZROX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIBUX or FZROX.
Performance
FIBUX vs. FZROX - Performance Comparison
Returns By Period
In the year-to-date period, FIBUX achieves a 1.83% return, which is significantly lower than FZROX's 24.85% return.
FIBUX
1.83%
-1.32%
2.98%
6.39%
-0.46%
N/A
FZROX
24.85%
1.42%
12.10%
32.30%
15.13%
N/A
Key characteristics
| FIBUX | FZROX | |
|---|---|---|
| Sharpe Ratio | 1.08 | 2.65 |
| Sortino Ratio | 1.59 | 3.53 |
| Omega Ratio | 1.19 | 1.49 |
| Calmar Ratio | 0.40 | 3.88 |
| Martin Ratio | 3.55 | 16.91 |
| Ulcer Index | 1.77% | 1.97% |
| Daily Std Dev | 5.76% | 12.59% |
| Max Drawdown | -19.46% | -34.96% |
| Current Drawdown | -9.80% | -1.52% |
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FIBUX vs. FZROX - Expense Ratio Comparison
FIBUX has a 0.00% expense ratio, which is lower than FZROX'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%.
Correlation
The correlation between FIBUX and FZROX is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Risk-Adjusted Performance
FIBUX vs. FZROX - 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 ZERO Total Market Index Fund (FZROX). 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. FZROX - Dividend Comparison
FIBUX's dividend yield for the trailing twelve months is around 3.50%, more than FZROX's 1.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FIBUX Fidelity Flex U.S. Bond Index Fund | 3.50% | 2.91% | 2.15% | 1.46% | 2.05% | 2.77% | 2.72% | 1.77% |
FZROX Fidelity ZERO Total Market Index Fund | 1.09% | 1.36% | 1.57% | 1.08% | 1.27% | 1.45% | 0.63% | 0.00% |
Drawdowns
FIBUX vs. FZROX - Drawdown Comparison
The maximum FIBUX drawdown since its inception was -19.46%, smaller than the maximum FZROX drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FIBUX and FZROX. For additional features, visit the drawdowns tool.
Volatility
FIBUX vs. FZROX - Volatility Comparison
The current volatility for Fidelity Flex U.S. Bond Index Fund (FIBUX) is 1.52%, while Fidelity ZERO Total Market Index Fund (FZROX) has a volatility of 4.27%. This indicates that FIBUX experiences smaller price fluctuations and is considered to be less risky than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.