FJRLX vs. FSHBX
Compare and contrast key facts about Fidelity Limited Term Bond Fund (FJRLX) and Fidelity Short-Term Bond Fund (FSHBX).
FJRLX is managed by Fidelity. It was launched on Feb 2, 1984. FSHBX is managed by Fidelity. It was launched on Sep 15, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FJRLX or FSHBX.
Correlation
The correlation between FJRLX and FSHBX is 0.75, 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. FSHBX - Performance Comparison
Key characteristics
FJRLX:
1.84
FSHBX:
2.15
FJRLX:
2.82
FSHBX:
3.59
FJRLX:
1.38
FSHBX:
1.55
FJRLX:
2.41
FSHBX:
4.52
FJRLX:
7.75
FSHBX:
11.22
FJRLX:
0.57%
FSHBX:
0.38%
FJRLX:
2.41%
FSHBX:
1.98%
FJRLX:
-9.55%
FSHBX:
-6.54%
FJRLX:
-1.19%
FSHBX:
-0.60%
Returns By Period
In the year-to-date period, FJRLX achieves a -0.35% return, which is significantly lower than FSHBX's -0.24% return. Over the past 10 years, FJRLX has outperformed FSHBX with an annualized return of 1.85%, while FSHBX has yielded a comparatively lower 1.59% annualized return.
FJRLX
-0.35%
-0.67%
1.61%
3.95%
1.42%
1.85%
FSHBX
-0.24%
-0.36%
1.74%
3.87%
1.52%
1.59%
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FJRLX vs. FSHBX - Expense Ratio Comparison
Both FJRLX and FSHBX have an expense ratio of 0.45%.
Risk-Adjusted Performance
FJRLX vs. FSHBX — Risk-Adjusted Performance Rank
FJRLX
FSHBX
FJRLX vs. FSHBX - 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 Fund (FSHBX). 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. FSHBX - Dividend Comparison
FJRLX's dividend yield for the trailing twelve months is around 3.06%, less than FSHBX's 3.66% 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% |
FSHBX Fidelity Short-Term Bond Fund | 3.66% | 3.65% | 3.00% | 1.15% | 0.94% | 2.06% | 2.13% | 1.77% | 1.28% | 1.00% | 1.02% | 0.92% |
Drawdowns
FJRLX vs. FSHBX - Drawdown Comparison
The maximum FJRLX drawdown since its inception was -9.55%, which is greater than FSHBX's maximum drawdown of -6.54%. Use the drawdown chart below to compare losses from any high point for FJRLX and FSHBX. For additional features, visit the drawdowns tool.
Volatility
FJRLX vs. FSHBX - Volatility Comparison
Fidelity Limited Term Bond Fund (FJRLX) has a higher volatility of 0.59% compared to Fidelity Short-Term Bond Fund (FSHBX) at 0.37%. This indicates that FJRLX's price experiences larger fluctuations and is considered to be riskier than FSHBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.