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FTBFX vs. USD=X
Performance
Return for Risk
Drawdowns
Volatility

Performance

FTBFX vs. USD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Total Bond Fund (FTBFX) and USD Cash (USD=X). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


FTBFX

1D
0.53%
1M
1.21%
YTD
0.57%
6M
1.02%
1Y
5.30%
3Y*
4.80%
5Y*
0.60%
10Y*
2.43%

USD=X

1D
0.00%
1M
0.00%
YTD
0.00%
6M
0.00%
1Y
0.00%
3Y*
0.00%
5Y*
0.00%
10Y*
0.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FTBFX vs. USD=X - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FTBFX
Fidelity Total Bond Fund
0.57%7.50%2.13%7.25%-13.58%-0.44%9.34%9.89%-0.66%4.19%
USD=X
USD Cash
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

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Return for Risk

FTBFX vs. USD=X — Risk / Return Rank

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

FTBFX
FTBFX Risk / Return Rank: 3434
Overall Rank
FTBFX Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
FTBFX Sortino Ratio Rank: 3939
Sortino Ratio Rank
FTBFX Omega Ratio Rank: 3535
Omega Ratio Rank
FTBFX Calmar Ratio Rank: 3434
Calmar Ratio Rank
FTBFX Martin Ratio Rank: 2828
Martin Ratio Rank

USD=X

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

FTBFX vs. USD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Total Bond Fund (FTBFX) and USD Cash (USD=X). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


FTBFXUSD=XDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.24

Calmar ratioReturn relative to maximum drawdown

1.80

Martin ratioReturn relative to average drawdown

5.30

FTBFX vs. USD=X - Sharpe Ratio Comparison


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Drawdowns

FTBFX vs. USD=X - Drawdown Comparison

The maximum FTBFX drawdown since its inception was -18.25%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FTBFX and USD=X.


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Drawdown Indicators


FTBFXUSD=XDifference

Max Drawdown

Largest peak-to-trough decline

-18.25%

0.00%

-18.25%

Max Drawdown (1Y)

Largest decline over 1 year

-2.89%

0.00%

-2.89%

Max Drawdown (3Y)

Largest decline over 3 years

-5.82%

0.00%

-5.82%

Max Drawdown (5Y)

Largest decline over 5 years

-18.25%

0.00%

-18.25%

Max Drawdown (10Y)

Largest decline over 10 years

-18.25%

0.00%

-18.25%

Current Drawdown

Current decline from peak

-1.31%

0.00%

-1.31%

Average Drawdown

Average peak-to-trough decline

-2.32%

0.00%

-2.32%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.98%

0.00%

+0.98%

Volatility

FTBFX vs. USD=X - Volatility Comparison

Fidelity Total Bond Fund (FTBFX) has a higher volatility of 1.43% compared to USD Cash (USD=X) at 0.00%. This indicates that FTBFX's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FTBFXUSD=XDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.43%

0.00%

+1.43%

Volatility (6M)

Calculated over the trailing 6-month period

2.85%

0.00%

+2.85%

Volatility (1Y)

Calculated over the trailing 1-year period

3.84%

0.00%

+3.84%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.67%

0.00%

+5.67%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.73%

0.00%

+4.73%

Frequently Asked Questions


FTBFX has higher volatility (1.43%) compared to USD=X (0.00%). In terms of maximum drawdown, FTBFX dropped -18.25% vs USD=X's 0.00%.

Portfolio Optimizer

Find the right allocation for FTBFX and USD=X

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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