FUMBX vs. FCNVX
Compare and contrast key facts about Fidelity Short-Term Treasury Bond Index Fund (FUMBX) and Fidelity Conservative Income Bond Institutional Class (FCNVX).
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. FCNVX is managed by Fidelity. It was launched on Mar 3, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FUMBX or FCNVX.
Correlation
The correlation between FUMBX and FCNVX is -0.00. 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
FUMBX vs. FCNVX - Performance Comparison
Key characteristics
FUMBX:
2.65
FCNVX:
3.53
FUMBX:
4.32
FCNVX:
17.00
FUMBX:
1.58
FCNVX:
6.67
FUMBX:
1.56
FCNVX:
26.02
FUMBX:
9.86
FCNVX:
123.59
FUMBX:
0.68%
FCNVX:
0.04%
FUMBX:
2.54%
FCNVX:
1.46%
FUMBX:
-9.07%
FCNVX:
-2.19%
FUMBX:
-0.39%
FCNVX:
-0.10%
Returns By Period
In the year-to-date period, FUMBX achieves a 2.29% return, which is significantly higher than FCNVX's 1.03% return.
FUMBX
2.29%
0.80%
2.51%
6.62%
0.52%
N/A
FCNVX
1.03%
0.29%
2.26%
5.17%
2.90%
2.20%
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. FCNVX - Expense Ratio Comparison
FUMBX has a 0.03% expense ratio, which is lower than FCNVX's 0.25% expense ratio. Despite the difference, 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
FUMBX vs. FCNVX — Risk-Adjusted Performance Rank
FUMBX
FCNVX
FUMBX vs. FCNVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Short-Term Treasury Bond Index Fund (FUMBX) and Fidelity Conservative Income Bond Institutional Class (FCNVX). 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
FUMBX vs. FCNVX - Dividend Comparison
FUMBX's dividend yield for the trailing twelve months is around 3.02%, less than FCNVX's 4.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FUMBX Fidelity Short-Term Treasury Bond Index Fund | 3.02% | 2.90% | 1.65% | 1.12% | 0.83% | 1.31% | 1.88% | 1.64% | 0.35% | 0.00% | 0.00% | 0.00% |
FCNVX Fidelity Conservative Income Bond Institutional Class | 4.93% | 5.12% | 4.97% | 1.65% | 0.29% | 1.01% | 2.46% | 2.20% | 1.30% | 0.93% | 0.54% | 0.39% |
Drawdowns
FUMBX vs. FCNVX - Drawdown Comparison
The maximum FUMBX drawdown since its inception was -9.07%, which is greater than FCNVX's maximum drawdown of -2.19%. Use the drawdown chart below to compare losses from any high point for FUMBX and FCNVX. For additional features, visit the drawdowns tool.
Volatility
FUMBX vs. FCNVX - Volatility Comparison
Fidelity Short-Term Treasury Bond Index Fund (FUMBX) has a higher volatility of 1.10% compared to Fidelity Conservative Income Bond Institutional Class (FCNVX) at 0.43%. This indicates that FUMBX's price experiences larger fluctuations and is considered to be riskier than FCNVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.