FUAMX vs. FZIPX
Compare and contrast key facts about Fidelity Intermediate Treasury Bond Index Fund (FUAMX) and Fidelity ZERO Extended Market Index Fund (FZIPX).
FUAMX is managed by Fidelity. FZIPX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FUAMX or FZIPX.
Key characteristics
| FUAMX | FZIPX | |
|---|---|---|
| YTD Return | 2.82% | 13.88% |
| 1Y Return | 11.00% | 34.65% |
| 3Y Return (Ann) | -2.09% | 3.24% |
| 5Y Return (Ann) | -0.40% | 11.05% |
| Sharpe Ratio | 1.54 | 1.77 |
| Sortino Ratio | 2.29 | 2.53 |
| Omega Ratio | 1.28 | 1.31 |
| Calmar Ratio | 0.51 | 1.29 |
| Martin Ratio | 5.23 | 9.84 |
| Ulcer Index | 1.90% | 3.32% |
| Daily Std Dev | 6.42% | 18.39% |
| Max Drawdown | -19.71% | -42.71% |
| Current Drawdown | -10.88% | 0.00% |
Correlation
The correlation between FUAMX and FZIPX is -0.09. 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.
Performance
FUAMX vs. FZIPX - Performance Comparison
In the year-to-date period, FUAMX achieves a 2.82% return, which is significantly lower than FZIPX's 13.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FUAMX vs. FZIPX - Expense Ratio Comparison
FUAMX has a 0.03% expense ratio, which is higher than FZIPX's 0.00% 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%.
Risk-Adjusted Performance
FUAMX vs. FZIPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Intermediate Treasury Bond Index Fund (FUAMX) and Fidelity ZERO Extended Market Index Fund (FZIPX). 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
FUAMX vs. FZIPX - Dividend Comparison
FUAMX's dividend yield for the trailing twelve months is around 2.73%, more than FZIPX's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FUAMX Fidelity Intermediate Treasury Bond Index Fund | 2.73% | 2.19% | 1.64% | 1.95% | 3.13% | 2.17% | 2.23% | 0.49% |
FZIPX Fidelity ZERO Extended Market Index Fund | 1.25% | 1.43% | 1.64% | 6.97% | 2.15% | 1.80% | 0.50% | 0.00% |
Drawdowns
FUAMX vs. FZIPX - Drawdown Comparison
The maximum FUAMX drawdown since its inception was -19.71%, smaller than the maximum FZIPX drawdown of -42.71%. Use the drawdown chart below to compare losses from any high point for FUAMX and FZIPX. For additional features, visit the drawdowns tool.
Volatility
FUAMX vs. FZIPX - Volatility Comparison
The current volatility for Fidelity Intermediate Treasury Bond Index Fund (FUAMX) is 1.44%, while Fidelity ZERO Extended Market Index Fund (FZIPX) has a volatility of 3.39%. This indicates that FUAMX experiences smaller price fluctuations and is considered to be less risky than FZIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.