FUTBX vs. FUMBX
Compare and contrast key facts about Fidelity SAI U.S. Treasury Bond Index Fund (FUTBX) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX).
FUTBX is managed by Fidelity. It was launched on Mar 1, 2016. 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.
Performance
FUTBX vs. FUMBX - Performance Comparison
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FUTBX vs. FUMBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FUTBX Fidelity SAI U.S. Treasury Bond Index Fund | -0.12% | 6.12% | 0.70% | 4.19% | -13.00% | -2.54% | 7.76% | 7.30% | 0.95% | 0.05% |
FUMBX Fidelity Short-Term Treasury Bond Index Fund | -0.10% | 5.83% | 3.25% | 4.47% | -5.84% | -1.38% | 4.22% | 4.19% | 1.47% | -0.33% |
Returns By Period
In the year-to-date period, FUTBX achieves a -0.12% return, which is significantly lower than FUMBX's -0.10% return.
FUTBX
- 1D
- 0.11%
- 1M
- -1.57%
- YTD
- -0.12%
- 6M
- 0.39%
- 1Y
- 2.74%
- 3Y*
- 2.50%
- 5Y*
- -0.35%
- 10Y*
- —
FUMBX
- 1D
- 0.10%
- 1M
- -0.77%
- YTD
- -0.10%
- 6M
- 0.85%
- 1Y
- 3.55%
- 3Y*
- 3.80%
- 5Y*
- 1.31%
- 10Y*
- —
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FUTBX vs. FUMBX - Expense Ratio Comparison
Both FUTBX and FUMBX have an expense ratio of 0.03%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
FUTBX vs. FUMBX — Risk / Return Rank
FUTBX
FUMBX
FUTBX vs. FUMBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI U.S. Treasury Bond Index Fund (FUTBX) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX). 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.
| FUTBX | FUMBX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.71 | 1.55 | -0.84 |
Sortino ratioReturn per unit of downside risk | 1.03 | 2.43 | -1.39 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.33 | -0.20 |
Calmar ratioReturn relative to maximum drawdown | 1.48 | 2.52 | -1.05 |
Martin ratioReturn relative to average drawdown | 3.72 | 8.74 | -5.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FUTBX | FUMBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.71 | 1.55 | -0.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.06 | 0.45 | -0.52 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.73 | -0.48 |
Correlation
The correlation between FUTBX and FUMBX is 0.82, 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.
Dividends
FUTBX vs. FUMBX - Dividend Comparison
FUTBX's dividend yield for the trailing twelve months is around 3.30%, less than FUMBX's 3.41% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FUTBX Fidelity SAI U.S. Treasury Bond Index Fund | 3.30% | 3.43% | 2.90% | 2.12% | 1.12% | 0.86% | 4.54% | 2.75% | 2.05% | 1.65% |
FUMBX Fidelity Short-Term Treasury Bond Index Fund | 3.41% | 3.51% | 2.91% | 1.64% | 0.86% | 1.15% | 1.41% | 1.88% | 1.64% | 0.34% |
Drawdowns
FUTBX vs. FUMBX - Drawdown Comparison
The maximum FUTBX drawdown since its inception was -19.69%, which is greater than FUMBX's maximum drawdown of -8.83%. Use the drawdown chart below to compare losses from any high point for FUTBX and FUMBX.
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Drawdown Indicators
| FUTBX | FUMBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.69% | -8.83% | -10.86% |
Max Drawdown (1Y)Largest decline over 1 year | -2.71% | -1.54% | -1.17% |
Max Drawdown (5Y)Largest decline over 5 years | -17.03% | -8.60% | -8.43% |
Current DrawdownCurrent decline from peak | -7.79% | -1.06% | -6.73% |
Average DrawdownAverage peak-to-trough decline | -6.94% | -1.88% | -5.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.08% | 0.44% | +0.64% |
Volatility
FUTBX vs. FUMBX - Volatility Comparison
Fidelity SAI U.S. Treasury Bond Index Fund (FUTBX) has a higher volatility of 1.43% compared to Fidelity Short-Term Treasury Bond Index Fund (FUMBX) at 0.74%. This indicates that FUTBX's price experiences larger fluctuations and is considered to be riskier than FUMBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FUTBX | FUMBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.43% | 0.74% | +0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 2.54% | 1.37% | +1.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.24% | 2.32% | +1.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.79% | 2.89% | +2.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.17% | 2.49% | +2.68% |