FIFZX vs. FFHCX
Compare and contrast key facts about Fidelity Series Bond Index Fund (FIFZX) and Fidelity Series Floating Rate High Income Fund (FFHCX).
FIFZX is managed by Fidelity. It was launched on Apr 26, 2019. FFHCX is managed by Fidelity. It was launched on Oct 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIFZX or FFHCX.
Correlation
The correlation between FIFZX and FFHCX is 0.10, 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
FIFZX vs. FFHCX - Performance Comparison
Key characteristics
FIFZX:
0.60
FFHCX:
3.80
FIFZX:
0.89
FFHCX:
12.63
FIFZX:
1.11
FFHCX:
3.48
FIFZX:
0.26
FFHCX:
13.40
FIFZX:
1.55
FFHCX:
63.10
FIFZX:
2.16%
FFHCX:
0.19%
FIFZX:
5.55%
FFHCX:
3.13%
FIFZX:
-19.29%
FFHCX:
-21.45%
FIFZX:
-8.11%
FFHCX:
-0.22%
Returns By Period
In the year-to-date period, FIFZX achieves a -0.23% return, which is significantly lower than FFHCX's -0.11% return.
FIFZX
-0.23%
-0.14%
1.02%
3.58%
-0.21%
N/A
FFHCX
-0.11%
0.40%
5.68%
11.94%
7.14%
6.13%
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FIFZX vs. FFHCX - Expense Ratio Comparison
FIFZX has a 0.00% expense ratio, which is lower than FFHCX'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
FIFZX vs. FFHCX — Risk-Adjusted Performance Rank
FIFZX
FFHCX
FIFZX vs. FFHCX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Bond Index Fund (FIFZX) and Fidelity Series Floating Rate High Income Fund (FFHCX). 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. FFHCX - Dividend Comparison
FIFZX's dividend yield for the trailing twelve months is around 4.58%, less than FFHCX's 11.59% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fidelity Series Bond Index Fund | 4.58% | 4.57% | 3.88% | 2.91% | 1.59% | 2.11% | 1.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Fidelity Series Floating Rate High Income Fund | 11.59% | 11.57% | 11.02% | 6.77% | 4.31% | 4.61% | 5.94% | 8.77% | 4.79% | 4.42% | 5.15% | 8.23% |
Drawdowns
FIFZX vs. FFHCX - Drawdown Comparison
The maximum FIFZX drawdown since its inception was -19.29%, smaller than the maximum FFHCX drawdown of -21.45%. Use the drawdown chart below to compare losses from any high point for FIFZX and FFHCX. For additional features, visit the drawdowns tool.
Volatility
FIFZX vs. FFHCX - Volatility Comparison
Fidelity Series Bond Index Fund (FIFZX) has a higher volatility of 1.53% compared to Fidelity Series Floating Rate High Income Fund (FFHCX) at 0.83%. This indicates that FIFZX's price experiences larger fluctuations and is considered to be riskier than FFHCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.