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

Correlation

The correlation between FUMBX and FXNAX is 0.81, 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.


-0.50.00.51.00.8

Performance

FUMBX vs. FXNAX - 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 U.S. Bond Index Fund (FXNAX). The values are adjusted to include any dividend payments, if applicable.

4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
8.31%
5.82%
FUMBX
FXNAX

Key characteristics

Sharpe Ratio

FUMBX:

0.69

FXNAX:

0.22

Sortino Ratio

FUMBX:

0.95

FXNAX:

0.35

Omega Ratio

FUMBX:

1.14

FXNAX:

1.04

Calmar Ratio

FUMBX:

0.45

FXNAX:

0.08

Martin Ratio

FUMBX:

2.35

FXNAX:

0.62

Ulcer Index

FUMBX:

0.83%

FXNAX:

1.97%

Daily Std Dev

FUMBX:

2.81%

FXNAX:

5.43%

Max Drawdown

FUMBX:

-9.07%

FXNAX:

-19.64%

Current Drawdown

FUMBX:

-2.35%

FXNAX:

-10.27%

Returns By Period

In the year-to-date period, FUMBX achieves a 1.95% return, which is significantly higher than FXNAX's 1.41% return.


FUMBX

YTD

1.95%

1M

-0.88%

6M

1.15%

1Y

2.16%

5Y*

0.60%

10Y*

N/A

FXNAX

YTD

1.41%

1M

-0.21%

6M

1.31%

1Y

1.61%

5Y*

-0.55%

10Y*

1.24%

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. FXNAX - Expense Ratio Comparison

FUMBX has a 0.03% expense ratio, which is higher than FXNAX's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


FUMBX
Fidelity Short-Term Treasury Bond Index Fund
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%
Expense ratio chart for FXNAX: 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. FXNAX - 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 U.S. Bond Index Fund (FXNAX). 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 0.73, compared to the broader market-1.000.001.002.003.004.000.730.22
The chart of Sortino ratio for FUMBX, currently valued at 1.00, compared to the broader market-2.000.002.004.006.008.0010.001.000.35
The chart of Omega ratio for FUMBX, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.003.501.151.04
The chart of Calmar ratio for FUMBX, currently valued at 0.48, compared to the broader market0.002.004.006.008.0010.0012.0014.000.480.08
The chart of Martin ratio for FUMBX, currently valued at 2.46, compared to the broader market0.0020.0040.0060.002.460.62
FUMBX
FXNAX

The current FUMBX Sharpe Ratio is 0.69, which is higher than the FXNAX Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of FUMBX and FXNAX, 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 Ratio0.000.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.73
0.22
FUMBX
FXNAX

Dividends

FUMBX vs. FXNAX - Dividend Comparison

FUMBX's dividend yield for the trailing twelve months is around 1.74%, less than FXNAX's 3.36% 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%
FXNAX
Fidelity U.S. Bond Index Fund
3.36%2.92%2.41%1.81%2.10%2.69%2.74%2.52%2.52%2.69%2.59%2.39%

Drawdowns

FUMBX vs. FXNAX - Drawdown Comparison

The maximum FUMBX drawdown since its inception was -9.07%, smaller than the maximum FXNAX drawdown of -19.64%. Use the drawdown chart below to compare losses from any high point for FUMBX and FXNAX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.35%
-10.27%
FUMBX
FXNAX

Volatility

FUMBX vs. FXNAX - Volatility Comparison

The current volatility for Fidelity Short-Term Treasury Bond Index Fund (FUMBX) is 1.33%, while Fidelity U.S. Bond Index Fund (FXNAX) has a volatility of 1.54%. This indicates that FUMBX experiences smaller price fluctuations and is considered to be less risky than FXNAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%JulyAugustSeptemberOctoberNovemberDecember
1.33%
1.54%
FUMBX
FXNAX
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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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