FUMBX vs. FBNDX
Compare and contrast key facts about Fidelity Short-Term Treasury Bond Index Fund (FUMBX) and Fidelity Investment Grade Bond Fund (FBNDX).
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. FBNDX is managed by Fidelity. It was launched on Aug 6, 1971.
Performance
FUMBX vs. FBNDX - Performance Comparison
Loading graphics...
FUMBX vs. FBNDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FUMBX Fidelity Short-Term Treasury Bond Index Fund | -0.10% | 5.83% | 3.25% | 4.47% | -5.84% | -1.38% | 4.22% | 4.19% | 1.47% | -0.33% |
FBNDX Fidelity Investment Grade Bond Fund | -0.36% | 7.37% | 0.93% | 6.51% | -14.04% | -1.13% | 9.79% | 9.82% | -0.35% | 0.40% |
Returns By Period
In the year-to-date period, FUMBX achieves a -0.10% return, which is significantly higher than FBNDX's -0.36% return.
FUMBX
- 1D
- 0.10%
- 1M
- -0.77%
- YTD
- -0.10%
- 6M
- 0.85%
- 1Y
- 3.55%
- 3Y*
- 3.80%
- 5Y*
- 1.31%
- 10Y*
- —
FBNDX
- 1D
- 0.14%
- 1M
- -1.76%
- YTD
- -0.36%
- 6M
- 0.36%
- 1Y
- 3.63%
- 3Y*
- 3.61%
- 5Y*
- 0.18%
- 10Y*
- 2.22%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FUMBX vs. FBNDX - Expense Ratio Comparison
FUMBX has a 0.03% expense ratio, which is lower than FBNDX's 0.45% expense ratio.
Return for Risk
FUMBX vs. FBNDX — Risk / Return Rank
FUMBX
FBNDX
FUMBX vs. FBNDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Short-Term Treasury Bond Index Fund (FUMBX) and Fidelity Investment Grade Bond Fund (FBNDX). 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.
| FUMBX | FBNDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.55 | 0.86 | +0.69 |
Sortino ratioReturn per unit of downside risk | 2.43 | 1.24 | +1.18 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.15 | +0.18 |
Calmar ratioReturn relative to maximum drawdown | 2.52 | 1.58 | +0.95 |
Martin ratioReturn relative to average drawdown | 8.74 | 4.56 | +4.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FUMBX | FBNDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.55 | 0.86 | +0.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.03 | +0.42 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.45 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.53 | +0.20 |
Correlation
The correlation between FUMBX and FBNDX is 0.79, 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
FUMBX vs. FBNDX - Dividend Comparison
FUMBX's dividend yield for the trailing twelve months is around 3.41%, less than FBNDX's 3.58% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FUMBX Fidelity Short-Term Treasury Bond Index Fund | 3.41% | 3.51% | 2.91% | 1.64% | 0.86% | 1.15% | 1.41% | 1.88% | 1.64% | 0.34% | 0.00% | 0.00% |
FBNDX Fidelity Investment Grade Bond Fund | 3.58% | 3.87% | 3.34% | 3.56% | 1.98% | 1.34% | 4.70% | 2.75% | 2.86% | 2.18% | 2.72% | 2.66% |
Drawdowns
FUMBX vs. FBNDX - Drawdown Comparison
The maximum FUMBX drawdown since its inception was -8.83%, smaller than the maximum FBNDX drawdown of -42.76%. Use the drawdown chart below to compare losses from any high point for FUMBX and FBNDX.
Loading graphics...
Drawdown Indicators
| FUMBX | FBNDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.83% | -42.76% | +33.93% |
Max Drawdown (1Y)Largest decline over 1 year | -1.54% | -2.88% | +1.34% |
Max Drawdown (5Y)Largest decline over 5 years | -8.60% | -18.74% | +10.14% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.74% | — |
Current DrawdownCurrent decline from peak | -1.06% | -2.31% | +1.25% |
Average DrawdownAverage peak-to-trough decline | -1.88% | -10.37% | +8.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.44% | 1.00% | -0.56% |
Volatility
FUMBX vs. FBNDX - Volatility Comparison
The current volatility for Fidelity Short-Term Treasury Bond Index Fund (FUMBX) is 0.74%, while Fidelity Investment Grade Bond Fund (FBNDX) has a volatility of 1.62%. This indicates that FUMBX experiences smaller price fluctuations and is considered to be less risky than FBNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FUMBX | FBNDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.74% | 1.62% | -0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 1.37% | 2.74% | -1.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.32% | 4.62% | -2.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.89% | 6.00% | -3.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.49% | 5.00% | -2.51% |