FIFZX vs. FBNDX
Compare and contrast key facts about Fidelity Series Bond Index Fund (FIFZX) and Fidelity Investment Grade Bond Fund (FBNDX).
FIFZX is managed by Fidelity. It was launched on Apr 26, 2019. FBNDX is managed by Fidelity. It was launched on Aug 6, 1971.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIFZX or FBNDX.
Correlation
The correlation between FIFZX and FBNDX is 0.96, 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
FIFZX vs. FBNDX - Performance Comparison
Key characteristics
FIFZX:
0.19
FBNDX:
0.30
FIFZX:
0.31
FBNDX:
0.46
FIFZX:
1.04
FBNDX:
1.05
FIFZX:
0.07
FBNDX:
0.12
FIFZX:
0.48
FBNDX:
0.76
FIFZX:
2.22%
FBNDX:
2.19%
FIFZX:
5.57%
FBNDX:
5.62%
FIFZX:
-19.56%
FBNDX:
-20.16%
FIFZX:
-11.39%
FBNDX:
-11.01%
Returns By Period
In the year-to-date period, FIFZX achieves a -1.24% return, which is significantly lower than FBNDX's -1.13% return.
FIFZX
-1.24%
-2.12%
-1.07%
0.05%
-0.95%
N/A
FBNDX
-1.13%
-2.17%
-1.16%
0.40%
-0.58%
1.33%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FIFZX vs. FBNDX - Expense Ratio Comparison
FIFZX has a 0.00% expense ratio, which is lower than FBNDX's 0.45% expense ratio.
Risk-Adjusted Performance
FIFZX vs. FBNDX — Risk-Adjusted Performance Rank
FIFZX
FBNDX
FIFZX vs. FBNDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Bond Index Fund (FIFZX) and Fidelity Investment Grade Bond Fund (FBNDX). 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
FIFZX vs. FBNDX - Dividend Comparison
FIFZX's dividend yield for the trailing twelve months is around 3.37%, less than FBNDX's 3.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIFZX Fidelity Series Bond Index Fund | 3.37% | 3.33% | 3.09% | 2.31% | 1.59% | 2.11% | 1.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FBNDX Fidelity Investment Grade Bond Fund | 3.71% | 3.67% | 3.56% | 2.67% | 1.53% | 1.88% | 2.77% | 2.84% | 2.17% | 2.50% | 2.90% | 2.59% |
Drawdowns
FIFZX vs. FBNDX - Drawdown Comparison
The maximum FIFZX drawdown since its inception was -19.56%, roughly equal to the maximum FBNDX drawdown of -20.16%. Use the drawdown chart below to compare losses from any high point for FIFZX and FBNDX. For additional features, visit the drawdowns tool.
Volatility
FIFZX vs. FBNDX - Volatility Comparison
The current volatility for Fidelity Series Bond Index Fund (FIFZX) is 1.23%, while Fidelity Investment Grade Bond Fund (FBNDX) has a volatility of 1.36%. This indicates that FIFZX experiences smaller price fluctuations and is considered to be less risky than FBNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.