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FUMBX vs. FIPDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.7

Performance

FUMBX vs. FIPDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Short-Term Treasury Bond Index Fund (FUMBX) and Fidelity Inflation-Protected Bond Index Fund (FIPDX). The values are adjusted to include any dividend payments, if applicable.

6.00%8.00%10.00%12.00%14.00%16.00%JulyAugustSeptemberOctoberNovemberDecember
8.31%
9.95%
FUMBX
FIPDX

Key characteristics

Sharpe Ratio

FUMBX:

0.69

FIPDX:

0.01

Sortino Ratio

FUMBX:

0.95

FIPDX:

0.05

Omega Ratio

FUMBX:

1.14

FIPDX:

1.01

Calmar Ratio

FUMBX:

0.45

FIPDX:

0.01

Martin Ratio

FUMBX:

2.35

FIPDX:

0.05

Ulcer Index

FUMBX:

0.83%

FIPDX:

1.38%

Daily Std Dev

FUMBX:

2.81%

FIPDX:

4.91%

Max Drawdown

FUMBX:

-9.07%

FIPDX:

-14.29%

Current Drawdown

FUMBX:

-2.35%

FIPDX:

-8.99%

Returns By Period

In the year-to-date period, FUMBX achieves a 1.95% return, which is significantly higher than FIPDX's 0.29% return.


FUMBX

YTD

1.95%

1M

-0.88%

6M

1.15%

1Y

2.16%

5Y*

0.60%

10Y*

N/A

FIPDX

YTD

0.29%

1M

-2.42%

6M

-0.89%

1Y

0.07%

5Y*

0.94%

10Y*

1.28%

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. 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%.


FIPDX
Fidelity Inflation-Protected Bond Index Fund
Expense ratio chart for FIPDX: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%
Expense ratio chart for FUMBX: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

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.


Sharpe ratio
The chart of Sharpe ratio for FUMBX, currently valued at 0.69, compared to the broader market-1.000.001.002.003.004.000.69-0.05
The chart of Sortino ratio for FUMBX, currently valued at 0.95, compared to the broader market-2.000.002.004.006.008.0010.000.95-0.04
The chart of Omega ratio for FUMBX, currently valued at 1.14, compared to the broader market0.501.001.502.002.503.003.501.141.00
The chart of Calmar ratio for FUMBX, currently valued at 0.45, compared to the broader market0.002.004.006.008.0010.0012.0014.000.45-0.02
The chart of Martin ratio for FUMBX, currently valued at 2.35, compared to the broader market0.0020.0040.0060.002.35-0.19
FUMBX
FIPDX

The current FUMBX Sharpe Ratio is 0.69, which is higher than the FIPDX Sharpe Ratio of 0.01. The chart below compares the historical Sharpe Ratios of FUMBX and FIPDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.69
-0.05
FUMBX
FIPDX

Dividends

FUMBX vs. FIPDX - Dividend Comparison

FUMBX's dividend yield for the trailing twelve months is around 1.74%, less than FIPDX's 2.15% yield.


TTM20232022202120202019201820172016201520142013
FUMBX
Fidelity Short-Term Treasury Bond Index Fund
1.74%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
2.15%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.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.35%
-8.99%
FUMBX
FIPDX

Volatility

FUMBX vs. FIPDX - Volatility Comparison

The current volatility for Fidelity Short-Term Treasury Bond Index Fund (FUMBX) is 1.33%, while Fidelity Inflation-Protected Bond Index Fund (FIPDX) has a volatility of 2.50%. 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.


0.50%1.00%1.50%2.00%2.50%JulyAugustSeptemberOctoberNovemberDecember
1.33%
2.50%
FUMBX
FIPDX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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