FXNAX vs. USD=X
FXNAX (Fidelity U.S. Bond Index Fund) is Total Bond Market fund tracking the Bloomberg U.S. Aggregate Bond Index, while USD=X (USD Cash) is a currency. Over the past 10 years, FXNAX returned 1.48%/yr vs 0.00%/yr for USD=X.
Performance
FXNAX vs. USD=X - Performance Comparison
Loading charts...
Returns By Period
FXNAX
- 1D
- -0.19%
- 1M
- 1.10%
- YTD
- 0.31%
- 6M
- 0.81%
- 1Y
- 4.76%
- 3Y*
- 4.15%
- 5Y*
- -0.06%
- 10Y*
- 1.48%
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
FXNAX vs. USD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FXNAX Fidelity U.S. Bond Index Fund | 0.31% | 7.14% | 1.35% | 5.82% | -13.55% | -2.10% | 7.63% | 8.50% | 0.04% | 3.50% |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FXNAX vs. USD=X — Risk / Return Rank
FXNAX
USD=X
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FXNAX vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity U.S. Bond Index Fund (FXNAX) and USD Cash (USD=X). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FXNAX | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.20 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | — | — |
| Martin ratioReturn relative to average drawdown | 4.45 | — | — |
Loading charts...
Drawdowns
FXNAX vs. USD=X - Drawdown Comparison
The maximum FXNAX drawdown since its inception was -19.51%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FXNAX and USD=X.
Loading charts...
Drawdown Indicators
| FXNAX | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.51% | 0.00% | -19.51% |
Max Drawdown (1Y)Largest decline over 1 year | -2.94% | 0.00% | -2.94% |
Max Drawdown (3Y)Largest decline over 3 years | -6.16% | 0.00% | -6.16% |
Max Drawdown (5Y)Largest decline over 5 years | -18.54% | 0.00% | -18.54% |
Max Drawdown (10Y)Largest decline over 10 years | -19.51% | 0.00% | -19.51% |
Current DrawdownCurrent decline from peak | -2.98% | 0.00% | -2.98% |
Average DrawdownAverage peak-to-trough decline | -3.86% | 0.00% | -3.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.00% | 0.00% | +1.00% |
Volatility
FXNAX vs. USD=X - Volatility Comparison
Fidelity U.S. Bond Index Fund (FXNAX) has a higher volatility of 1.43% compared to USD Cash (USD=X) at 0.00%. This indicates that FXNAX's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FXNAX | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.43% | 0.00% | +1.43% |
Volatility (6M)Calculated over the trailing 6-month period | 2.87% | 0.00% | +2.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.92% | 0.00% | +3.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.08% | 0.00% | +6.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.01% | 0.00% | +5.01% |
Frequently Asked Questions
FXNAX has higher volatility (1.43%) compared to USD=X (0.00%). In terms of maximum drawdown, FXNAX dropped -19.51% vs USD=X's 0.00%.
Find the right allocation for FXNAX and USD=X
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer