FIPDX vs. FTBFX
Compare and contrast key facts about Fidelity Inflation-Protected Bond Index Fund (FIPDX) and Fidelity Total Bond Fund (FTBFX).
FIPDX is managed by Fidelity. It was launched on May 16, 2012. FTBFX is managed by Fidelity. It was launched on Oct 15, 2002.
Performance
FIPDX vs. FTBFX - Performance Comparison
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FIPDX vs. FTBFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIPDX Fidelity Inflation-Protected Bond Index Fund | 0.33% | 6.90% | 2.00% | 3.77% | -12.09% | 5.94% | 10.90% | 8.32% | -1.37% | 2.98% |
FTBFX Fidelity Total Bond Fund | -0.49% | 7.50% | 2.50% | 7.25% | -13.58% | -0.44% | 9.34% | 9.89% | -0.66% | 4.19% |
Returns By Period
In the year-to-date period, FIPDX achieves a 0.33% return, which is significantly higher than FTBFX's -0.49% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: FIPDX at 2.58% and FTBFX at 2.58%.
FIPDX
- 1D
- 0.55%
- 1M
- -1.40%
- YTD
- 0.33%
- 6M
- 0.37%
- 1Y
- 2.97%
- 3Y*
- 3.15%
- 5Y*
- 1.44%
- 10Y*
- 2.58%
FTBFX
- 1D
- 0.42%
- 1M
- -2.35%
- YTD
- -0.49%
- 6M
- 0.46%
- 1Y
- 4.07%
- 3Y*
- 4.43%
- 5Y*
- 0.85%
- 10Y*
- 2.58%
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FIPDX vs. FTBFX - Expense Ratio Comparison
FIPDX has a 0.05% expense ratio, which is lower than FTBFX's 0.45% expense ratio.
Return for Risk
FIPDX vs. FTBFX — Risk / Return Rank
FIPDX
FTBFX
FIPDX vs. FTBFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Inflation-Protected Bond Index Fund (FIPDX) and Fidelity Total Bond Fund (FTBFX). 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.
| FIPDX | FTBFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.83 | 1.10 | -0.26 |
Sortino ratioReturn per unit of downside risk | 1.17 | 1.57 | -0.40 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.20 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.37 | 1.86 | -0.49 |
Martin ratioReturn relative to average drawdown | 4.30 | 5.73 | -1.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FIPDX | FTBFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.83 | 1.10 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.15 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.55 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.93 | -0.53 |
Correlation
The correlation between FIPDX and FTBFX is 0.79, 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
FIPDX vs. FTBFX - Dividend Comparison
FIPDX's dividend yield for the trailing twelve months is around 4.16%, more than FTBFX's 4.02% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIPDX Fidelity Inflation-Protected Bond Index Fund | 4.16% | 4.18% | 3.75% | 3.56% | 8.87% | 4.76% | 1.24% | 1.97% | 2.26% | 1.29% | 1.34% | 0.38% |
FTBFX Fidelity Total Bond Fund | 4.02% | 4.36% | 4.51% | 4.15% | 2.54% | 1.89% | 5.22% | 3.03% | 3.19% | 2.97% | 3.61% | 3.30% |
Drawdowns
FIPDX vs. FTBFX - Drawdown Comparison
The maximum FIPDX drawdown since its inception was -14.32%, smaller than the maximum FTBFX drawdown of -18.25%. Use the drawdown chart below to compare losses from any high point for FIPDX and FTBFX.
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Drawdown Indicators
| FIPDX | FTBFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.32% | -18.25% | +3.93% |
Max Drawdown (1Y)Largest decline over 1 year | -2.90% | -2.81% | -0.09% |
Max Drawdown (5Y)Largest decline over 5 years | -14.32% | -18.25% | +3.93% |
Max Drawdown (10Y)Largest decline over 10 years | -14.32% | -18.25% | +3.93% |
Current DrawdownCurrent decline from peak | -1.40% | -2.35% | +0.95% |
Average DrawdownAverage peak-to-trough decline | -4.52% | -2.31% | -2.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 0.91% | +0.01% |
Volatility
FIPDX vs. FTBFX - Volatility Comparison
The current volatility for Fidelity Inflation-Protected Bond Index Fund (FIPDX) is 1.37%, while Fidelity Total Bond Fund (FTBFX) has a volatility of 1.48%. This indicates that FIPDX experiences smaller price fluctuations and is considered to be less risky than FTBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIPDX | FTBFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.37% | 1.48% | -0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 2.35% | 2.46% | -0.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.13% | 4.30% | -0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.99% | 5.62% | +0.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.38% | 4.70% | +0.68% |