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FJTDX vs. BSNSX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FJTDX and BSNSX is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.2

Performance

FJTDX vs. BSNSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Flex Conservative Income Bond Fund (FJTDX) and Baird Strategic Municipal Bond Fund (BSNSX). The values are adjusted to include any dividend payments, if applicable.

-1.00%0.00%1.00%2.00%3.00%SeptemberOctoberNovemberDecember2025February
2.60%
1.35%
FJTDX
BSNSX

Key characteristics

Sharpe Ratio

FJTDX:

3.64

BSNSX:

1.88

Sortino Ratio

FJTDX:

19.75

BSNSX:

2.62

Omega Ratio

FJTDX:

7.99

BSNSX:

1.44

Calmar Ratio

FJTDX:

56.24

BSNSX:

2.56

Martin Ratio

FJTDX:

119.44

BSNSX:

6.78

Ulcer Index

FJTDX:

0.05%

BSNSX:

0.60%

Daily Std Dev

FJTDX:

1.55%

BSNSX:

2.16%

Max Drawdown

FJTDX:

-1.90%

BSNSX:

-10.21%

Current Drawdown

FJTDX:

-0.00%

BSNSX:

0.00%

Returns By Period

In the year-to-date period, FJTDX achieves a 0.41% return, which is significantly lower than BSNSX's 1.12% return.


FJTDX

YTD

0.41%

1M

0.41%

6M

2.61%

1Y

5.65%

5Y*

2.93%

10Y*

N/A

BSNSX

YTD

1.12%

1M

1.02%

6M

1.35%

1Y

3.95%

5Y*

2.17%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FJTDX vs. BSNSX - Expense Ratio Comparison

FJTDX has a 0.00% expense ratio, which is lower than BSNSX's 0.55% expense ratio.


BSNSX
Baird Strategic Municipal Bond Fund
Expense ratio chart for BSNSX: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%
Expense ratio chart for FJTDX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

FJTDX vs. BSNSX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FJTDX
The Risk-Adjusted Performance Rank of FJTDX is 9999
Overall Rank
The Sharpe Ratio Rank of FJTDX is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of FJTDX is 100100
Sortino Ratio Rank
The Omega Ratio Rank of FJTDX is 100100
Omega Ratio Rank
The Calmar Ratio Rank of FJTDX is 100100
Calmar Ratio Rank
The Martin Ratio Rank of FJTDX is 9999
Martin Ratio Rank

BSNSX
The Risk-Adjusted Performance Rank of BSNSX is 8686
Overall Rank
The Sharpe Ratio Rank of BSNSX is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of BSNSX is 8686
Sortino Ratio Rank
The Omega Ratio Rank of BSNSX is 8989
Omega Ratio Rank
The Calmar Ratio Rank of BSNSX is 8989
Calmar Ratio Rank
The Martin Ratio Rank of BSNSX is 7878
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FJTDX vs. BSNSX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Conservative Income Bond Fund (FJTDX) and Baird Strategic Municipal Bond Fund (BSNSX). 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.


Sharpe ratio
The chart of Sharpe ratio for FJTDX, currently valued at 3.64, compared to the broader market-1.000.001.002.003.004.003.641.84
The chart of Sortino ratio for FJTDX, currently valued at 19.75, compared to the broader market0.002.004.006.008.0010.0012.0019.752.56
The chart of Omega ratio for FJTDX, currently valued at 7.99, compared to the broader market1.002.003.004.007.991.43
The chart of Calmar ratio for FJTDX, currently valued at 56.24, compared to the broader market0.005.0010.0015.0020.0056.242.50
The chart of Martin ratio for FJTDX, currently valued at 119.44, compared to the broader market0.0020.0040.0060.0080.00119.446.62
FJTDX
BSNSX

The current FJTDX Sharpe Ratio is 3.64, which is higher than the BSNSX Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of FJTDX and BSNSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.002.003.004.005.00SeptemberOctoberNovemberDecember2025February
3.64
1.84
FJTDX
BSNSX

Dividends

FJTDX vs. BSNSX - Dividend Comparison

FJTDX's dividend yield for the trailing twelve months is around 5.28%, more than BSNSX's 2.98% yield.


TTM2024202320222021202020192018
FJTDX
Fidelity Flex Conservative Income Bond Fund
5.28%5.34%5.16%1.85%0.44%1.24%2.64%1.16%
BSNSX
Baird Strategic Municipal Bond Fund
2.98%3.27%2.98%1.80%0.84%1.36%0.15%0.00%

Drawdowns

FJTDX vs. BSNSX - Drawdown Comparison

The maximum FJTDX drawdown since its inception was -1.90%, smaller than the maximum BSNSX drawdown of -10.21%. Use the drawdown chart below to compare losses from any high point for FJTDX and BSNSX. For additional features, visit the drawdowns tool.


-1.50%-1.00%-0.50%0.00%SeptemberOctoberNovemberDecember2025February00
FJTDX
BSNSX

Volatility

FJTDX vs. BSNSX - Volatility Comparison

The current volatility for Fidelity Flex Conservative Income Bond Fund (FJTDX) is 0.43%, while Baird Strategic Municipal Bond Fund (BSNSX) has a volatility of 0.69%. This indicates that FJTDX experiences smaller price fluctuations and is considered to be less risky than BSNSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.20%0.40%0.60%0.80%1.00%SeptemberOctoberNovemberDecember2025February
0.43%
0.69%
FJTDX
BSNSX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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