Correlation
The correlation between FSIGX and FXNAX is -0.12. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
FSIGX vs. FXNAX
Compare and contrast key facts about Fidelity Series Investment Grade Bond Fund (FSIGX) and Fidelity U.S. Bond Index Fund (FXNAX).
FSIGX is managed by Fidelity. FXNAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSIGX or FXNAX.
Performance
FSIGX vs. FXNAX - Performance Comparison
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Key characteristics
FSIGX:
1.19
FXNAX:
1.08
FSIGX:
1.59
FXNAX:
1.44
FSIGX:
1.19
FXNAX:
1.17
FSIGX:
0.69
FXNAX:
0.45
FSIGX:
2.85
FXNAX:
2.34
FSIGX:
2.06%
FXNAX:
2.20%
FSIGX:
5.54%
FXNAX:
5.33%
FSIGX:
-17.59%
FXNAX:
-18.64%
FSIGX:
-3.33%
FXNAX:
-7.07%
Returns By Period
In the year-to-date period, FSIGX achieves a 2.45% return, which is significantly higher than FXNAX's 2.08% return. Over the past 10 years, FSIGX has outperformed FXNAX with an annualized return of 2.40%, while FXNAX has yielded a comparatively lower 1.52% annualized return.
FSIGX
2.45%
-0.89%
1.01%
6.59%
2.32%
0.46%
2.40%
FXNAX
2.08%
-1.06%
0.71%
5.78%
1.37%
-1.02%
1.52%
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FSIGX vs. FXNAX - Expense Ratio Comparison
Risk-Adjusted Performance
FSIGX vs. FXNAX — Risk-Adjusted Performance Rank
FSIGX
FXNAX
FSIGX vs. FXNAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Investment Grade Bond Fund (FSIGX) and Fidelity U.S. Bond Index Fund (FXNAX). 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.
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Dividends
FSIGX vs. FXNAX - Dividend Comparison
FSIGX's dividend yield for the trailing twelve months is around 4.38%, more than FXNAX's 3.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSIGX Fidelity Series Investment Grade Bond Fund | 4.38% | 4.38% | 4.00% | 3.16% | 2.25% | 6.50% | 3.09% | 3.20% | 2.62% | 3.82% | 3.58% | 2.68% |
FXNAX Fidelity U.S. Bond Index Fund | 3.47% | 3.40% | 2.92% | 2.41% | 2.06% | 3.08% | 2.69% | 2.74% | 2.58% | 2.54% | 2.75% | 2.59% |
Drawdowns
FSIGX vs. FXNAX - Drawdown Comparison
The maximum FSIGX drawdown since its inception was -17.59%, smaller than the maximum FXNAX drawdown of -18.64%. Use the drawdown chart below to compare losses from any high point for FSIGX and FXNAX.
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Volatility
FSIGX vs. FXNAX - Volatility Comparison
Fidelity Series Investment Grade Bond Fund (FSIGX) and Fidelity U.S. Bond Index Fund (FXNAX) have volatilities of 1.46% and 1.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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