FUMBX vs. FIPDX
Compare and contrast key facts about Fidelity Short-Term Treasury Bond Index Fund (FUMBX) and Fidelity Inflation-Protected Bond Index Fund (FIPDX).
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. FIPDX is managed by Fidelity. It was launched on May 16, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FUMBX or FIPDX.
Performance
FUMBX vs. FIPDX - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with FUMBX having a 2.86% return and FIPDX slightly lower at 2.78%.
FUMBX
2.86%
-0.40%
2.92%
4.95%
0.77%
N/A
FIPDX
2.78%
-0.66%
2.58%
5.80%
1.49%
1.42%
Key characteristics
| FUMBX | FIPDX | |
|---|---|---|
| Sharpe Ratio | 1.79 | 1.22 |
| Sortino Ratio | 2.75 | 1.80 |
| Omega Ratio | 1.37 | 1.22 |
| Calmar Ratio | 0.97 | 0.48 |
| Martin Ratio | 6.67 | 5.05 |
| Ulcer Index | 0.73% | 1.15% |
| Daily Std Dev | 2.70% | 4.75% |
| Max Drawdown | -9.07% | -14.29% |
| Current Drawdown | -1.48% | -6.73% |
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FUMBX vs. FIPDX - Expense Ratio Comparison
FUMBX has a 0.03% expense ratio, which is lower than FIPDX's 0.05% 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%.
Correlation
The correlation between FUMBX and FIPDX is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
FUMBX vs. FIPDX - 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 Inflation-Protected Bond Index Fund (FIPDX). 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. FIPDX - Dividend Comparison
FUMBX's dividend yield for the trailing twelve months is around 2.03%, less than FIPDX's 5.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FUMBX Fidelity Short-Term Treasury Bond Index Fund | 2.03% | 1.65% | 1.12% | 0.83% | 1.31% | 1.88% | 1.64% | 0.35% | 0.00% | 0.00% | 0.00% | 0.00% |
FIPDX Fidelity Inflation-Protected Bond Index Fund | 5.48% | 3.59% | 8.87% | 4.76% | 0.24% | 0.41% | 0.39% | 0.09% | 0.08% | 0.11% | 1.10% | 0.66% |
Drawdowns
FUMBX vs. FIPDX - Drawdown Comparison
The maximum FUMBX drawdown since its inception was -9.07%, smaller than the maximum FIPDX drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for FUMBX and FIPDX. For additional features, visit the drawdowns tool.
Volatility
FUMBX vs. FIPDX - Volatility Comparison
The current volatility for Fidelity Short-Term Treasury Bond Index Fund (FUMBX) is 0.55%, while Fidelity Inflation-Protected Bond Index Fund (FIPDX) has a volatility of 1.15%. This indicates that FUMBX experiences smaller price fluctuations and is considered to be less risky than FIPDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.