FIQZX vs. FXNAX
Compare and contrast key facts about Fidelity Advisor Intermediate Municipal Income Fund Class Z (FIQZX) and Fidelity U.S. Bond Index Fund (FXNAX).
FIQZX is managed by Fidelity. It was launched on Oct 2, 2018. FXNAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIQZX or FXNAX.
Correlation
The correlation between FIQZX and FXNAX is 0.49, 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.
Performance
FIQZX vs. FXNAX - Performance Comparison
Key characteristics
FIQZX:
0.87
FXNAX:
0.79
FIQZX:
1.21
FXNAX:
1.18
FIQZX:
1.18
FXNAX:
1.14
FIQZX:
0.70
FXNAX:
0.28
FIQZX:
2.58
FXNAX:
1.90
FIQZX:
0.87%
FXNAX:
2.14%
FIQZX:
2.59%
FXNAX:
5.16%
FIQZX:
-10.54%
FXNAX:
-19.64%
FIQZX:
-0.80%
FXNAX:
-9.55%
Returns By Period
In the year-to-date period, FIQZX achieves a 0.44% return, which is significantly lower than FXNAX's 0.60% return.
FIQZX
0.44%
1.24%
0.80%
2.35%
0.97%
N/A
FXNAX
0.60%
1.89%
-0.68%
4.08%
-0.80%
1.18%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FIQZX vs. FXNAX - Expense Ratio Comparison
FIQZX has a 0.27% expense ratio, which is higher than FXNAX'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%.
Risk-Adjusted Performance
FIQZX vs. FXNAX — Risk-Adjusted Performance Rank
FIQZX
FXNAX
FIQZX vs. FXNAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Intermediate Municipal Income Fund Class Z (FIQZX) and Fidelity U.S. Bond Index Fund (FXNAX). 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
FIQZX vs. FXNAX - Dividend Comparison
FIQZX's dividend yield for the trailing twelve months is around 2.72%, less than FXNAX's 3.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIQZX Fidelity Advisor Intermediate Municipal Income Fund Class Z | 2.72% | 2.71% | 2.47% | 2.11% | 1.83% | 2.13% | 2.45% | 0.44% | 0.00% | 0.00% | 0.00% | 0.00% |
FXNAX Fidelity U.S. Bond Index Fund | 3.42% | 3.40% | 2.92% | 2.41% | 1.81% | 2.10% | 2.69% | 2.74% | 2.52% | 2.52% | 2.69% | 2.59% |
Drawdowns
FIQZX vs. FXNAX - Drawdown Comparison
The maximum FIQZX drawdown since its inception was -10.54%, smaller than the maximum FXNAX drawdown of -19.64%. Use the drawdown chart below to compare losses from any high point for FIQZX and FXNAX. For additional features, visit the drawdowns tool.
Volatility
FIQZX vs. FXNAX - Volatility Comparison
The current volatility for Fidelity Advisor Intermediate Municipal Income Fund Class Z (FIQZX) is 0.73%, while Fidelity U.S. Bond Index Fund (FXNAX) has a volatility of 1.45%. This indicates that FIQZX experiences smaller price fluctuations and is considered to be less risky than FXNAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.