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FUTBX vs. FSKAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FUTBX and FSKAX is -0.13. 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

FUTBX vs. FSKAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity SAI U.S. Treasury Bond Index Fund (FUTBX) and Fidelity Total Market Index Fund (FSKAX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FUTBX:

0.82

FSKAX:

0.62

Sortino Ratio

FUTBX:

1.32

FSKAX:

1.12

Omega Ratio

FUTBX:

1.15

FSKAX:

1.16

Calmar Ratio

FUTBX:

0.25

FSKAX:

0.73

Martin Ratio

FUTBX:

1.98

FSKAX:

2.77

Ulcer Index

FUTBX:

2.25%

FSKAX:

5.13%

Daily Std Dev

FUTBX:

5.09%

FSKAX:

20.02%

Max Drawdown

FUTBX:

-21.39%

FSKAX:

-35.01%

Current Drawdown

FUTBX:

-13.16%

FSKAX:

-3.81%

Returns By Period

In the year-to-date period, FUTBX achieves a 1.97% return, which is significantly higher than FSKAX's 0.66% return.


FUTBX

YTD

1.97%

1M

-0.59%

6M

2.01%

1Y

4.21%

5Y*

-2.56%

10Y*

N/A

FSKAX

YTD

0.66%

1M

12.61%

6M

0.82%

1Y

12.53%

5Y*

16.93%

10Y*

11.82%

*Annualized

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FUTBX vs. FSKAX - Expense Ratio Comparison

FUTBX has a 0.03% expense ratio, which is higher than FSKAX's 0.02% 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%.


Risk-Adjusted Performance

FUTBX vs. FSKAX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FUTBX
The Risk-Adjusted Performance Rank of FUTBX is 6262
Overall Rank
The Sharpe Ratio Rank of FUTBX is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of FUTBX is 7575
Sortino Ratio Rank
The Omega Ratio Rank of FUTBX is 6666
Omega Ratio Rank
The Calmar Ratio Rank of FUTBX is 3737
Calmar Ratio Rank
The Martin Ratio Rank of FUTBX is 5454
Martin Ratio Rank

FSKAX
The Risk-Adjusted Performance Rank of FSKAX is 6868
Overall Rank
The Sharpe Ratio Rank of FSKAX is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of FSKAX is 6666
Sortino Ratio Rank
The Omega Ratio Rank of FSKAX is 7070
Omega Ratio Rank
The Calmar Ratio Rank of FSKAX is 7373
Calmar Ratio Rank
The Martin Ratio Rank of FSKAX is 6868
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FUTBX vs. FSKAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI U.S. Treasury Bond Index Fund (FUTBX) and Fidelity Total Market Index Fund (FSKAX). 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.


The current FUTBX Sharpe Ratio is 0.82, which is higher than the FSKAX Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of FUTBX and FSKAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FUTBX vs. FSKAX - Dividend Comparison

FUTBX's dividend yield for the trailing twelve months is around 2.86%, more than FSKAX's 1.09% yield.


TTM20242023202220212020201920182017201620152014
FUTBX
Fidelity SAI U.S. Treasury Bond Index Fund
2.86%2.91%2.11%1.52%1.00%1.84%2.15%2.04%1.64%0.92%0.00%0.00%
FSKAX
Fidelity Total Market Index Fund
1.09%1.19%1.41%1.62%1.15%1.45%1.94%2.54%2.33%2.43%2.49%1.63%

Drawdowns

FUTBX vs. FSKAX - Drawdown Comparison

The maximum FUTBX drawdown since its inception was -21.39%, smaller than the maximum FSKAX drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FUTBX and FSKAX. For additional features, visit the drawdowns tool.


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Volatility

FUTBX vs. FSKAX - Volatility Comparison

The current volatility for Fidelity SAI U.S. Treasury Bond Index Fund (FUTBX) is 1.36%, while Fidelity Total Market Index Fund (FSKAX) has a volatility of 6.14%. This indicates that FUTBX experiences smaller price fluctuations and is considered to be less risky than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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