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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIPDX or FTBFX.
Performance
FIPDX vs. FTBFX - Performance Comparison
Returns By Period
In the year-to-date period, FIPDX achieves a 2.67% return, which is significantly lower than FTBFX's 3.24% return. Over the past 10 years, FIPDX has underperformed FTBFX with an annualized return of 1.40%, while FTBFX has yielded a comparatively higher 2.00% annualized return.
FIPDX
2.67%
-0.87%
2.92%
5.57%
1.46%
1.40%
FTBFX
3.24%
-0.47%
3.74%
8.04%
0.53%
2.00%
Key characteristics
| FIPDX | FTBFX | |
|---|---|---|
| Sharpe Ratio | 1.17 | 1.36 |
| Sortino Ratio | 1.74 | 2.03 |
| Omega Ratio | 1.21 | 1.25 |
| Calmar Ratio | 0.46 | 0.65 |
| Martin Ratio | 4.80 | 4.99 |
| Ulcer Index | 1.16% | 1.50% |
| Daily Std Dev | 4.75% | 5.52% |
| Max Drawdown | -14.29% | -18.19% |
| Current Drawdown | -6.84% | -5.47% |
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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.
Correlation
The correlation between FIPDX and FTBFX is 0.77, 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.
Risk-Adjusted Performance
FIPDX vs. FTBFX - Risk-Adjusted Performance 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.
Dividends
FIPDX vs. FTBFX - Dividend Comparison
FIPDX's dividend yield for the trailing twelve months is around 5.49%, more than FTBFX's 4.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIPDX Fidelity Inflation-Protected Bond Index Fund | 5.49% | 3.59% | 8.87% | 4.76% | 0.24% | 0.41% | 0.39% | 0.09% | 0.08% | 0.11% | 1.10% | 0.66% |
FTBFX Fidelity Total Bond Fund | 4.62% | 4.15% | 3.34% | 2.19% | 2.53% | 2.95% | 3.19% | 2.74% | 2.95% | 3.71% | 2.99% | 3.91% |
Drawdowns
FIPDX vs. FTBFX - Drawdown Comparison
The maximum FIPDX drawdown since its inception was -14.29%, smaller than the maximum FTBFX drawdown of -18.19%. Use the drawdown chart below to compare losses from any high point for FIPDX and FTBFX. For additional features, visit the drawdowns tool.
Volatility
FIPDX vs. FTBFX - Volatility Comparison
The current volatility for Fidelity Inflation-Protected Bond Index Fund (FIPDX) is 1.14%, while Fidelity Total Bond Fund (FTBFX) has a volatility of 1.37%. 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.