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FNDSX vs. FBIIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FNDSX vs. FBIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Sustainability Bond Index Fund (FNDSX) and Fidelity International Bond Index Fund (FBIIX). The values are adjusted to include any dividend payments, if applicable.

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FNDSX vs. FBIIX - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
FNDSX
Fidelity Sustainability Bond Index Fund
-0.46%7.03%1.23%5.44%-13.34%-2.22%6.95%0.05%
FBIIX
Fidelity International Bond Index Fund
-0.55%2.66%4.64%7.48%-10.84%-1.84%4.43%-1.13%

Returns By Period

In the year-to-date period, FNDSX achieves a -0.46% return, which is significantly higher than FBIIX's -0.55% return.


FNDSX

1D
0.43%
1M
-2.31%
YTD
-0.46%
6M
0.49%
1Y
3.64%
3Y*
3.36%
5Y*
0.01%
10Y*

FBIIX

1D
0.33%
1M
-2.46%
YTD
-0.55%
6M
-0.09%
1Y
2.32%
3Y*
3.82%
5Y*
0.50%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FNDSX vs. FBIIX - Expense Ratio Comparison

FNDSX has a 0.10% expense ratio, which is higher than FBIIX's 0.06% 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%.


Return for Risk

FNDSX vs. FBIIX — Risk / Return Rank

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

FNDSX
FNDSX Risk / Return Rank: 5252
Overall Rank
FNDSX Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
FNDSX Sortino Ratio Rank: 4949
Sortino Ratio Rank
FNDSX Omega Ratio Rank: 3636
Omega Ratio Rank
FNDSX Calmar Ratio Rank: 7575
Calmar Ratio Rank
FNDSX Martin Ratio Rank: 5151
Martin Ratio Rank

FBIIX
FBIIX Risk / Return Rank: 4040
Overall Rank
FBIIX Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
FBIIX Sortino Ratio Rank: 4242
Sortino Ratio Rank
FBIIX Omega Ratio Rank: 3737
Omega Ratio Rank
FBIIX Calmar Ratio Rank: 3636
Calmar Ratio Rank
FBIIX Martin Ratio Rank: 4040
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FNDSX vs. FBIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainability Bond Index Fund (FNDSX) and Fidelity International Bond Index Fund (FBIIX). 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.


FNDSXFBIIXDifference

Sharpe ratio

Return per unit of total volatility

0.96

0.91

+0.05

Sortino ratio

Return per unit of downside risk

1.37

1.25

+0.12

Omega ratio

Gain probability vs. loss probability

1.17

1.17

0.00

Calmar ratio

Return relative to maximum drawdown

1.74

0.95

+0.79

Martin ratio

Return relative to average drawdown

4.98

4.14

+0.84

FNDSX vs. FBIIX - Sharpe Ratio Comparison

The current FNDSX Sharpe Ratio is 0.96, which is comparable to the FBIIX Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of FNDSX and FBIIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FNDSXFBIIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.96

0.91

+0.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.00

0.14

-0.14

Sharpe Ratio (All Time)

Calculated using the full available price history

0.31

0.17

+0.14

Correlation

The correlation between FNDSX and FBIIX 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.


Dividends

FNDSX vs. FBIIX - Dividend Comparison

FNDSX's dividend yield for the trailing twelve months is around 3.60%, less than FBIIX's 4.11% yield.


TTM20252024202320222021202020192018
FNDSX
Fidelity Sustainability Bond Index Fund
3.60%3.84%3.53%2.84%1.55%1.17%1.79%3.17%1.56%
FBIIX
Fidelity International Bond Index Fund
4.11%4.09%3.44%2.85%1.02%0.62%0.74%0.17%0.00%

Drawdowns

FNDSX vs. FBIIX - Drawdown Comparison

The maximum FNDSX drawdown since its inception was -19.72%, which is greater than FBIIX's maximum drawdown of -13.79%. Use the drawdown chart below to compare losses from any high point for FNDSX and FBIIX.


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Drawdown Indicators


FNDSXFBIIXDifference

Max Drawdown

Largest peak-to-trough decline

-19.72%

-13.79%

-5.93%

Max Drawdown (1Y)

Largest decline over 1 year

-2.73%

-2.78%

+0.05%

Max Drawdown (5Y)

Largest decline over 5 years

-18.30%

-13.74%

-4.56%

Current Drawdown

Current decline from peak

-4.59%

-2.46%

-2.13%

Average Drawdown

Average peak-to-trough decline

-6.55%

-4.18%

-2.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.96%

0.64%

+0.32%

Volatility

FNDSX vs. FBIIX - Volatility Comparison

Fidelity Sustainability Bond Index Fund (FNDSX) has a higher volatility of 1.62% compared to Fidelity International Bond Index Fund (FBIIX) at 1.41%. This indicates that FNDSX's price experiences larger fluctuations and is considered to be riskier than FBIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FNDSXFBIIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.62%

1.41%

+0.21%

Volatility (6M)

Calculated over the trailing 6-month period

2.59%

2.06%

+0.53%

Volatility (1Y)

Calculated over the trailing 1-year period

4.41%

2.69%

+1.72%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.98%

3.50%

+2.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.34%

3.39%

+1.95%