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FIFZX vs. FSKAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FIFZX vs. FSKAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Series Bond Index Fund (FIFZX) and Fidelity Total Market Index Fund (FSKAX). The values are adjusted to include any dividend payments, if applicable.

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FIFZX vs. FSKAX - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
FIFZX
Fidelity Series Bond Index Fund
-0.46%7.15%1.41%5.54%-13.46%-1.96%7.65%5.12%
FSKAX
Fidelity Total Market Index Fund
-6.77%17.06%23.89%26.12%-19.53%25.66%20.79%10.60%

Returns By Period

In the year-to-date period, FIFZX achieves a -0.46% return, which is significantly higher than FSKAX's -6.77% return.


FIFZX

1D
0.56%
1M
-2.27%
YTD
-0.46%
6M
0.53%
1Y
3.78%
3Y*
3.45%
5Y*
0.10%
10Y*

FSKAX

1D
-0.47%
1M
-7.69%
YTD
-6.77%
6M
-4.56%
1Y
14.73%
3Y*
16.72%
5Y*
10.13%
10Y*
13.23%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FIFZX vs. FSKAX - Expense Ratio Comparison

FIFZX has a 0.00% expense ratio, which is lower than FSKAX's 0.02% 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

FIFZX vs. FSKAX — Risk / Return Rank

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

FIFZX
FIFZX Risk / Return Rank: 5555
Overall Rank
FIFZX Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
FIFZX Sortino Ratio Rank: 5454
Sortino Ratio Rank
FIFZX Omega Ratio Rank: 3939
Omega Ratio Rank
FIFZX Calmar Ratio Rank: 7676
Calmar Ratio Rank
FIFZX Martin Ratio Rank: 5353
Martin Ratio Rank

FSKAX
FSKAX Risk / Return Rank: 4545
Overall Rank
FSKAX Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
FSKAX Sortino Ratio Rank: 4444
Sortino Ratio Rank
FSKAX Omega Ratio Rank: 4848
Omega Ratio Rank
FSKAX Calmar Ratio Rank: 4141
Calmar Ratio Rank
FSKAX Martin Ratio Rank: 5252
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.

FIFZX vs. FSKAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Bond Index Fund (FIFZX) and Fidelity Total Market Index Fund (FSKAX). 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.


FIFZXFSKAXDifference

Sharpe ratio

Return per unit of total volatility

1.00

0.83

+0.17

Sortino ratio

Return per unit of downside risk

1.45

1.29

+0.16

Omega ratio

Gain probability vs. loss probability

1.18

1.19

-0.02

Calmar ratio

Return relative to maximum drawdown

1.75

1.04

+0.71

Martin ratio

Return relative to average drawdown

5.09

5.05

+0.04

FIFZX vs. FSKAX - Sharpe Ratio Comparison

The current FIFZX Sharpe Ratio is 1.00, which is comparable to the FSKAX Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of FIFZX and FSKAX, 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


FIFZXFSKAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.00

0.83

+0.17

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.02

0.59

-0.57

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.72

Sharpe Ratio (All Time)

Calculated using the full available price history

0.24

0.78

-0.54

Correlation

The correlation between FIFZX and FSKAX is 0.04, 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.


Dividends

FIFZX vs. FSKAX - Dividend Comparison

FIFZX's dividend yield for the trailing twelve months is around 3.62%, more than FSKAX's 1.09% yield.


TTM20252024202320222021202020192018201720162015
FIFZX
Fidelity Series Bond Index Fund
3.62%3.87%3.66%3.09%1.74%1.42%3.20%1.64%0.00%0.00%0.00%0.00%
FSKAX
Fidelity Total Market Index Fund
1.09%1.01%1.19%1.41%1.62%1.15%1.45%1.94%2.54%2.07%2.43%0.82%

Drawdowns

FIFZX vs. FSKAX - Drawdown Comparison

The maximum FIFZX drawdown since its inception was -19.27%, smaller than the maximum FSKAX drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FIFZX and FSKAX.


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Drawdown Indicators


FIFZXFSKAXDifference

Max Drawdown

Largest peak-to-trough decline

-19.27%

-35.01%

+15.74%

Max Drawdown (1Y)

Largest decline over 1 year

-2.81%

-12.42%

+9.61%

Max Drawdown (5Y)

Largest decline over 5 years

-18.47%

-25.39%

+6.92%

Max Drawdown (10Y)

Largest decline over 10 years

-35.01%

Current Drawdown

Current decline from peak

-3.64%

-8.92%

+5.28%

Average Drawdown

Average peak-to-trough decline

-6.79%

-4.05%

-2.74%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.97%

2.57%

-1.60%

Volatility

FIFZX vs. FSKAX - Volatility Comparison

The current volatility for Fidelity Series Bond Index Fund (FIFZX) is 1.57%, while Fidelity Total Market Index Fund (FSKAX) has a volatility of 4.42%. This indicates that FIFZX experiences smaller price fluctuations and is considered to be less risky than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FIFZXFSKAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.57%

4.42%

-2.85%

Volatility (6M)

Calculated over the trailing 6-month period

2.60%

9.40%

-6.80%

Volatility (1Y)

Calculated over the trailing 1-year period

4.38%

18.50%

-14.12%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.04%

17.38%

-11.34%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.66%

18.42%

-12.76%