FXNAX vs. FUMBX
Compare and contrast key facts about Fidelity U.S. Bond Index Fund (FXNAX) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX).
FXNAX is managed by Fidelity. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FXNAX or FUMBX.
Correlation
The correlation between FXNAX and FUMBX is -0.07. 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
FXNAX vs. FUMBX - Performance Comparison
Key characteristics
FXNAX:
1.33
FUMBX:
2.65
FXNAX:
1.98
FUMBX:
4.32
FXNAX:
1.23
FUMBX:
1.58
FXNAX:
0.49
FUMBX:
1.56
FXNAX:
3.26
FUMBX:
9.86
FXNAX:
2.15%
FUMBX:
0.68%
FXNAX:
5.30%
FUMBX:
2.54%
FXNAX:
-19.64%
FUMBX:
-9.07%
FXNAX:
-8.50%
FUMBX:
-0.39%
Returns By Period
In the year-to-date period, FXNAX achieves a 1.76% return, which is significantly lower than FUMBX's 2.29% return.
FXNAX
1.76%
-0.19%
1.08%
6.59%
-1.23%
1.20%
FUMBX
2.29%
0.80%
2.51%
6.62%
0.52%
N/A
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FXNAX vs. FUMBX - Expense Ratio Comparison
FXNAX has a 0.03% expense ratio, which is lower than FUMBX's 0.03% 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%.
Risk-Adjusted Performance
FXNAX vs. FUMBX — Risk-Adjusted Performance Rank
FXNAX
FUMBX
FXNAX vs. FUMBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity U.S. Bond Index Fund (FXNAX) 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.
Dividends
FXNAX vs. FUMBX - Dividend Comparison
FXNAX's dividend yield for the trailing twelve months is around 3.13%, more than FUMBX's 3.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXNAX Fidelity U.S. Bond Index Fund | 3.13% | 3.40% | 2.92% | 2.41% | 1.81% | 2.10% | 2.69% | 2.74% | 2.52% | 2.52% | 2.69% | 2.59% |
FUMBX Fidelity Short-Term Treasury Bond Index Fund | 3.02% | 2.90% | 1.65% | 1.12% | 0.83% | 1.31% | 1.88% | 1.64% | 0.35% | 0.00% | 0.00% | 0.00% |
Drawdowns
FXNAX vs. FUMBX - Drawdown Comparison
The maximum FXNAX drawdown since its inception was -19.64%, which is greater than FUMBX's maximum drawdown of -9.07%. Use the drawdown chart below to compare losses from any high point for FXNAX and FUMBX. For additional features, visit the drawdowns tool.
Volatility
FXNAX vs. FUMBX - Volatility Comparison
Fidelity U.S. Bond Index Fund (FXNAX) has a higher volatility of 2.00% compared to Fidelity Short-Term Treasury Bond Index Fund (FUMBX) at 1.10%. This indicates that FXNAX'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.