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FXNAX vs. FIBUX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FXNAX vs. FIBUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity U.S. Bond Index Fund (FXNAX) and Fidelity Flex U.S. Bond Index Fund (FIBUX). The values are adjusted to include any dividend payments, if applicable.

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FXNAX vs. FIBUX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FXNAX
Fidelity U.S. Bond Index Fund
0.05%7.14%1.35%5.82%-13.55%-2.10%7.63%8.50%0.04%3.98%
FIBUX
Fidelity Flex U.S. Bond Index Fund
0.10%7.20%1.31%5.46%-13.41%-2.16%7.08%8.58%0.12%3.81%

Returns By Period

In the year-to-date period, FXNAX achieves a 0.05% return, which is significantly lower than FIBUX's 0.10% return.


FXNAX

1D
0.00%
1M
-1.19%
YTD
0.05%
6M
0.69%
1Y
4.12%
3Y*
3.63%
5Y*
0.16%
10Y*
1.57%

FIBUX

1D
0.00%
1M
-1.17%
YTD
0.10%
6M
0.74%
1Y
4.21%
3Y*
3.63%
5Y*
0.12%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FXNAX vs. FIBUX - Expense Ratio Comparison

FXNAX has a 0.03% expense ratio, which is higher than FIBUX's 0.00% 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%.


Return for Risk

FXNAX vs. FIBUX — Risk / Return Rank

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

FXNAX
FXNAX Risk / Return Rank: 3737
Overall Rank
FXNAX Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
FXNAX Sortino Ratio Rank: 3535
Sortino Ratio Rank
FXNAX Omega Ratio Rank: 2525
Omega Ratio Rank
FXNAX Calmar Ratio Rank: 5353
Calmar Ratio Rank
FXNAX Martin Ratio Rank: 3333
Martin Ratio Rank

FIBUX
FIBUX Risk / Return Rank: 3939
Overall Rank
FIBUX Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
FIBUX Sortino Ratio Rank: 3434
Sortino Ratio Rank
FIBUX Omega Ratio Rank: 2525
Omega Ratio Rank
FIBUX Calmar Ratio Rank: 6262
Calmar Ratio Rank
FIBUX Martin Ratio Rank: 3737
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FXNAX vs. FIBUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity U.S. Bond Index Fund (FXNAX) and Fidelity Flex U.S. Bond Index Fund (FIBUX). 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.


FXNAXFIBUXDifference

Sharpe ratio

Return per unit of total volatility

0.93

0.93

0.00

Sortino ratio

Return per unit of downside risk

1.34

1.33

+0.01

Omega ratio

Gain probability vs. loss probability

1.16

1.16

0.00

Calmar ratio

Return relative to maximum drawdown

1.59

1.76

-0.17

Martin ratio

Return relative to average drawdown

4.47

4.95

-0.48

FXNAX vs. FIBUX - Sharpe Ratio Comparison

The current FXNAX Sharpe Ratio is 0.93, which is comparable to the FIBUX Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of FXNAX and FIBUX, 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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Sharpe Ratios by Period


FXNAXFIBUXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.93

0.93

0.00

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.03

0.02

+0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.32

Sharpe Ratio (All Time)

Calculated using the full available price history

0.45

0.35

+0.10

Correlation

The correlation between FXNAX and FIBUX is 0.97, 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

FXNAX vs. FIBUX - Dividend Comparison

FXNAX's dividend yield for the trailing twelve months is around 3.66%, less than FIBUX's 4.03% yield.


TTM20252024202320222021202020192018201720162015
FXNAX
Fidelity U.S. Bond Index Fund
3.66%3.58%3.40%3.15%1.81%1.74%2.92%2.68%2.74%2.57%2.76%2.52%
FIBUX
Fidelity Flex U.S. Bond Index Fund
4.03%3.95%3.65%2.93%1.62%1.18%2.32%2.96%2.70%2.45%0.00%0.00%

Drawdowns

FXNAX vs. FIBUX - Drawdown Comparison

The maximum FXNAX drawdown since its inception was -19.51%, roughly equal to the maximum FIBUX drawdown of -19.76%. Use the drawdown chart below to compare losses from any high point for FXNAX and FIBUX.


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Drawdown Indicators


FXNAXFIBUXDifference

Max Drawdown

Largest peak-to-trough decline

-19.51%

-19.76%

+0.25%

Max Drawdown (1Y)

Largest decline over 1 year

-2.71%

-2.78%

+0.07%

Max Drawdown (5Y)

Largest decline over 5 years

-18.54%

-18.40%

-0.14%

Max Drawdown (10Y)

Largest decline over 10 years

-19.51%

Current Drawdown

Current decline from peak

-3.23%

-3.78%

+0.55%

Average Drawdown

Average peak-to-trough decline

-3.87%

-5.83%

+1.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.97%

0.99%

-0.02%

Volatility

FXNAX vs. FIBUX - Volatility Comparison

Fidelity U.S. Bond Index Fund (FXNAX) and Fidelity Flex U.S. Bond Index Fund (FIBUX) have volatilities of 1.64% and 1.71%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FXNAXFIBUXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.64%

1.71%

-0.07%

Volatility (6M)

Calculated over the trailing 6-month period

2.61%

2.68%

-0.07%

Volatility (1Y)

Calculated over the trailing 1-year period

4.35%

4.44%

-0.09%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.04%

6.02%

+0.02%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.99%

5.13%

-0.14%