FTBFX vs. DBLTX
Compare and contrast key facts about Fidelity Total Bond Fund (FTBFX) and DoubleLine Total Return Bond Fund Class I (DBLTX).
FTBFX is managed by Fidelity. It was launched on Oct 15, 2002. DBLTX is managed by DoubleLine. It was launched on Apr 6, 2010.
Performance
FTBFX vs. DBLTX - Performance Comparison
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FTBFX vs. DBLTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTBFX Fidelity Total Bond Fund | -0.29% | 7.50% | 2.50% | 7.25% | -13.58% | -0.44% | 9.34% | 9.89% | -0.66% | 4.19% |
DBLTX DoubleLine Total Return Bond Fund Class I | -0.54% | 8.05% | 3.08% | 5.34% | -12.56% | 0.24% | 4.13% | 5.81% | 1.76% | 3.80% |
Returns By Period
In the year-to-date period, FTBFX achieves a -0.29% return, which is significantly higher than DBLTX's -0.54% return. Over the past 10 years, FTBFX has outperformed DBLTX with an annualized return of 2.60%, while DBLTX has yielded a comparatively lower 1.80% annualized return.
FTBFX
- 1D
- 0.21%
- 1M
- -1.74%
- YTD
- -0.29%
- 6M
- 0.46%
- 1Y
- 4.07%
- 3Y*
- 4.50%
- 5Y*
- 0.82%
- 10Y*
- 2.60%
DBLTX
- 1D
- -0.34%
- 1M
- -2.00%
- YTD
- -0.54%
- 6M
- 0.55%
- 1Y
- 3.79%
- 3Y*
- 4.14%
- 5Y*
- 0.70%
- 10Y*
- 1.80%
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FTBFX vs. DBLTX - Expense Ratio Comparison
FTBFX has a 0.45% expense ratio, which is lower than DBLTX's 0.50% expense ratio.
Return for Risk
FTBFX vs. DBLTX — Risk / Return Rank
FTBFX
DBLTX
FTBFX vs. DBLTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Total Bond Fund (FTBFX) and DoubleLine Total Return Bond Fund Class I (DBLTX). 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.
| FTBFX | DBLTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.01 | 0.98 | +0.03 |
Sortino ratioReturn per unit of downside risk | 1.44 | 1.43 | +0.01 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.17 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.74 | 1.51 | +0.23 |
Martin ratioReturn relative to average drawdown | 5.30 | 4.43 | +0.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FTBFX | DBLTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.01 | 0.98 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.13 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.41 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | 0.91 | +0.02 |
Correlation
The correlation between FTBFX and DBLTX is 0.82, 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.
Dividends
FTBFX vs. DBLTX - Dividend Comparison
FTBFX's dividend yield for the trailing twelve months is around 4.01%, less than DBLTX's 4.44% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTBFX Fidelity Total Bond Fund | 4.01% | 4.36% | 4.51% | 4.15% | 2.54% | 1.89% | 5.22% | 3.03% | 3.19% | 2.97% | 3.61% | 3.30% |
DBLTX DoubleLine Total Return Bond Fund Class I | 4.44% | 4.86% | 5.03% | 4.35% | 3.86% | 3.12% | 3.39% | 3.66% | 3.74% | 3.65% | 3.72% | 4.11% |
Drawdowns
FTBFX vs. DBLTX - Drawdown Comparison
The maximum FTBFX drawdown since its inception was -18.25%, which is greater than DBLTX's maximum drawdown of -16.49%. Use the drawdown chart below to compare losses from any high point for FTBFX and DBLTX.
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Drawdown Indicators
| FTBFX | DBLTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.25% | -16.49% | -1.76% |
Max Drawdown (1Y)Largest decline over 1 year | -2.81% | -2.88% | +0.07% |
Max Drawdown (5Y)Largest decline over 5 years | -18.25% | -16.49% | -1.76% |
Max Drawdown (10Y)Largest decline over 10 years | -18.25% | -16.49% | -1.76% |
Current DrawdownCurrent decline from peak | -2.15% | -2.54% | +0.39% |
Average DrawdownAverage peak-to-trough decline | -2.31% | -2.38% | +0.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 0.98% | -0.06% |
Volatility
FTBFX vs. DBLTX - Volatility Comparison
The current volatility for Fidelity Total Bond Fund (FTBFX) is 1.48%, while DoubleLine Total Return Bond Fund Class I (DBLTX) has a volatility of 1.70%. This indicates that FTBFX experiences smaller price fluctuations and is considered to be less risky than DBLTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTBFX | DBLTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.48% | 1.70% | -0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 2.46% | 2.64% | -0.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.29% | 4.23% | +0.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.62% | 5.56% | +0.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.70% | 4.38% | +0.32% |