FJRLX vs. FNSOX
Compare and contrast key facts about Fidelity Limited Term Bond Fund (FJRLX) and Fidelity Short-Term Bond Index Fund (FNSOX).
FJRLX is managed by Fidelity. It was launched on Feb 2, 1984. FNSOX is managed by Fidelity. It was launched on Oct 18, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FJRLX or FNSOX.
Correlation
The correlation between FJRLX and FNSOX is 0.86, 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.
Performance
FJRLX vs. FNSOX - Performance Comparison
Key characteristics
FJRLX:
1.84
FNSOX:
1.35
FJRLX:
2.82
FNSOX:
2.05
FJRLX:
1.38
FNSOX:
1.26
FJRLX:
2.41
FNSOX:
1.10
FJRLX:
7.75
FNSOX:
4.56
FJRLX:
0.57%
FNSOX:
0.74%
FJRLX:
2.41%
FNSOX:
2.52%
FJRLX:
-9.55%
FNSOX:
-8.83%
FJRLX:
-1.19%
FNSOX:
-1.41%
Returns By Period
In the year-to-date period, FJRLX achieves a -0.35% return, which is significantly higher than FNSOX's -0.41% return.
FJRLX
-0.35%
-0.67%
1.61%
3.95%
1.42%
1.85%
FNSOX
-0.41%
-0.52%
1.32%
2.96%
1.03%
N/A
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FJRLX vs. FNSOX - Expense Ratio Comparison
FJRLX has a 0.45% expense ratio, which is higher than FNSOX's 0.03% expense ratio.
Risk-Adjusted Performance
FJRLX vs. FNSOX — Risk-Adjusted Performance Rank
FJRLX
FNSOX
FJRLX vs. FNSOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Limited Term Bond Fund (FJRLX) and Fidelity Short-Term Bond Index Fund (FNSOX). 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
FJRLX vs. FNSOX - Dividend Comparison
FJRLX's dividend yield for the trailing twelve months is around 3.06%, more than FNSOX's 2.62% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FJRLX Fidelity Limited Term Bond Fund | 3.06% | 3.05% | 2.38% | 1.63% | 1.28% | 1.89% | 2.44% | 2.28% | 1.80% | 1.61% | 1.87% | 1.96% |
FNSOX Fidelity Short-Term Bond Index Fund | 2.62% | 2.61% | 1.75% | 1.17% | 0.76% | 1.45% | 2.35% | 2.03% | 0.34% | 0.00% | 0.00% | 0.00% |
Drawdowns
FJRLX vs. FNSOX - Drawdown Comparison
The maximum FJRLX drawdown since its inception was -9.55%, which is greater than FNSOX's maximum drawdown of -8.83%. Use the drawdown chart below to compare losses from any high point for FJRLX and FNSOX. For additional features, visit the drawdowns tool.
Volatility
FJRLX vs. FNSOX - Volatility Comparison
Fidelity Limited Term Bond Fund (FJRLX) has a higher volatility of 0.59% compared to Fidelity Short-Term Bond Index Fund (FNSOX) at 0.54%. This indicates that FJRLX's price experiences larger fluctuations and is considered to be riskier than FNSOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.