FNSOX vs. FUMBX
Compare and contrast key facts about Fidelity Short-Term Bond Index Fund (FNSOX) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX).
FNSOX is managed by Fidelity. It was launched on Oct 18, 2017. FUMBX is a passively managed fund by Fidelity that tracks the performance of the Bloomberg Barclays 1-5 Year U.S. Treasury Index. It was launched on Dec 20, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNSOX or FUMBX.
Correlation
The correlation between FNSOX and FUMBX is 0.88, 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
FNSOX vs. FUMBX - Performance Comparison
Key characteristics
FNSOX:
2.70
FUMBX:
2.57
FNSOX:
4.41
FUMBX:
4.15
FNSOX:
1.59
FUMBX:
1.56
FNSOX:
2.13
FUMBX:
1.51
FNSOX:
10.41
FUMBX:
9.57
FNSOX:
0.63%
FUMBX:
0.68%
FNSOX:
2.44%
FUMBX:
2.54%
FNSOX:
-8.83%
FUMBX:
-9.07%
FNSOX:
0.00%
FUMBX:
0.00%
Returns By Period
In the year-to-date period, FNSOX achieves a 2.42% return, which is significantly lower than FUMBX's 2.69% return.
FNSOX
2.42%
1.01%
2.40%
6.20%
1.18%
N/A
FUMBX
2.69%
1.29%
2.51%
6.18%
0.60%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FNSOX vs. FUMBX - Expense Ratio Comparison
Both FNSOX and FUMBX have an expense ratio of 0.03%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
FNSOX vs. FUMBX — Risk-Adjusted Performance Rank
FNSOX
FUMBX
FNSOX vs. FUMBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Short-Term Bond Index Fund (FNSOX) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX). 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
FNSOX vs. FUMBX - Dividend Comparison
FNSOX's dividend yield for the trailing twelve months is around 2.94%, less than FUMBX's 3.01% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
FNSOX Fidelity Short-Term Bond Index Fund | 2.94% | 2.81% | 1.75% | 1.17% | 0.76% | 1.45% | 2.35% | 2.03% | 0.34% |
FUMBX Fidelity Short-Term Treasury Bond Index Fund | 3.01% | 2.91% | 1.65% | 1.12% | 0.83% | 1.31% | 1.88% | 1.64% | 0.35% |
Drawdowns
FNSOX vs. FUMBX - Drawdown Comparison
The maximum FNSOX drawdown since its inception was -8.83%, roughly equal to the maximum FUMBX drawdown of -9.07%. Use the drawdown chart below to compare losses from any high point for FNSOX and FUMBX. For additional features, visit the drawdowns tool.
Volatility
FNSOX vs. FUMBX - Volatility Comparison
The current volatility for Fidelity Short-Term Bond Index Fund (FNSOX) is 0.69%, while Fidelity Short-Term Treasury Bond Index Fund (FUMBX) has a volatility of 0.87%. This indicates that FNSOX experiences smaller price fluctuations and is considered to be less risky than FUMBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.