FUMBX vs. FSPSX
Compare and contrast key facts about Fidelity Short-Term Treasury Bond Index Fund (FUMBX) and Fidelity International Index Fund (FSPSX).
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. FSPSX is managed by Fidelity. It was launched on Nov 5, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FUMBX or FSPSX.
Performance
FUMBX vs. FSPSX - Performance Comparison
Returns By Period
In the year-to-date period, FUMBX achieves a 2.86% return, which is significantly lower than FSPSX's 4.30% return.
FUMBX
2.86%
-0.40%
2.92%
4.95%
0.77%
N/A
FSPSX
4.30%
-4.85%
-2.77%
10.84%
5.76%
5.08%
Key characteristics
| FUMBX | FSPSX | |
|---|---|---|
| Sharpe Ratio | 1.79 | 0.84 |
| Sortino Ratio | 2.75 | 1.23 |
| Omega Ratio | 1.37 | 1.15 |
| Calmar Ratio | 0.97 | 1.18 |
| Martin Ratio | 6.67 | 3.71 |
| Ulcer Index | 0.73% | 2.82% |
| Daily Std Dev | 2.70% | 12.48% |
| Max Drawdown | -9.07% | -33.69% |
| Current Drawdown | -1.48% | -8.75% |
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FUMBX vs. FSPSX - Expense Ratio Comparison
FUMBX has a 0.03% expense ratio, which is lower than FSPSX's 0.04% 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 FSPSX is -0.02. 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.
Risk-Adjusted Performance
FUMBX vs. FSPSX - 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 International Index Fund (FSPSX). 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. FSPSX - Dividend Comparison
FUMBX's dividend yield for the trailing twelve months is around 2.03%, less than FSPSX's 3.05% 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% |
FSPSX Fidelity International Index Fund | 3.05% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.36% | 2.99% | 2.79% | 3.53% | 2.59% |
Drawdowns
FUMBX vs. FSPSX - Drawdown Comparison
The maximum FUMBX drawdown since its inception was -9.07%, smaller than the maximum FSPSX drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FUMBX and FSPSX. For additional features, visit the drawdowns tool.
Volatility
FUMBX vs. FSPSX - Volatility Comparison
The current volatility for Fidelity Short-Term Treasury Bond Index Fund (FUMBX) is 0.55%, while Fidelity International Index Fund (FSPSX) has a volatility of 3.77%. This indicates that FUMBX experiences smaller price fluctuations and is considered to be less risky than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.