FIPDX vs. FUMBX
Compare and contrast key facts about Fidelity Inflation-Protected Bond Index Fund (FIPDX) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX).
FIPDX is managed by Fidelity. It was launched on May 16, 2012. FUMBX is a passively managed fund by Fidelity that tracks the performance of the Bloomberg Barclays 1-5 Year U.S. Treasury Index. It was launched on Dec 20, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIPDX or FUMBX.
Performance
FIPDX vs. FUMBX - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with FIPDX having a 2.67% return and FUMBX slightly higher at 2.76%.
FIPDX
2.67%
-0.87%
2.92%
5.57%
1.46%
1.40%
FUMBX
2.76%
-0.50%
3.02%
4.85%
0.75%
N/A
Key characteristics
| FIPDX | FUMBX | |
|---|---|---|
| Sharpe Ratio | 1.17 | 1.64 |
| Sortino Ratio | 1.74 | 2.52 |
| Omega Ratio | 1.21 | 1.34 |
| Calmar Ratio | 0.46 | 0.91 |
| Martin Ratio | 4.80 | 6.04 |
| Ulcer Index | 1.16% | 0.73% |
| Daily Std Dev | 4.75% | 2.70% |
| Max Drawdown | -14.29% | -9.07% |
| Current Drawdown | -6.84% | -1.57% |
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FIPDX vs. FUMBX - Expense Ratio Comparison
FIPDX has a 0.05% expense ratio, which is higher than FUMBX's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between FIPDX and FUMBX is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
FIPDX vs. FUMBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Inflation-Protected Bond Index Fund (FIPDX) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX). 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. FUMBX - Dividend Comparison
FIPDX's dividend yield for the trailing twelve months is around 5.49%, more than FUMBX's 2.04% 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% |
FUMBX Fidelity Short-Term Treasury Bond Index Fund | 2.04% | 1.65% | 1.12% | 0.83% | 1.31% | 1.88% | 1.64% | 0.35% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FIPDX vs. FUMBX - Drawdown Comparison
The maximum FIPDX drawdown since its inception was -14.29%, which is greater than FUMBX's maximum drawdown of -9.07%. Use the drawdown chart below to compare losses from any high point for FIPDX and FUMBX. For additional features, visit the drawdowns tool.
Volatility
FIPDX vs. FUMBX - Volatility Comparison
Fidelity Inflation-Protected Bond Index Fund (FIPDX) has a higher volatility of 1.14% compared to Fidelity Short-Term Treasury Bond Index Fund (FUMBX) at 0.55%. This indicates that FIPDX's price experiences larger fluctuations and is considered to be riskier than FUMBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.