FZIIX vs. FXNAX
Compare and contrast key facts about Fidelity Advisor Intermediate Municipal Income Fund Class I (FZIIX) and Fidelity U.S. Bond Index Fund (FXNAX).
FZIIX is managed by Fidelity. It was launched on Oct 31, 2005. FXNAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZIIX or FXNAX.
Correlation
The correlation between FZIIX and FXNAX is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FZIIX vs. FXNAX - Performance Comparison
Key characteristics
FZIIX:
0.87
FXNAX:
0.85
FZIIX:
1.21
FXNAX:
1.26
FZIIX:
1.19
FXNAX:
1.15
FZIIX:
0.64
FXNAX:
0.30
FZIIX:
2.56
FXNAX:
2.04
FZIIX:
0.91%
FXNAX:
2.15%
FZIIX:
2.66%
FXNAX:
5.16%
FZIIX:
-10.67%
FXNAX:
-19.64%
FZIIX:
-0.72%
FXNAX:
-9.19%
Returns By Period
In the year-to-date period, FZIIX achieves a 0.63% return, which is significantly lower than FXNAX's 0.99% return. Over the past 10 years, FZIIX has outperformed FXNAX with an annualized return of 1.87%, while FXNAX has yielded a comparatively lower 1.26% annualized return.
FZIIX
0.63%
1.23%
0.84%
2.23%
0.87%
1.87%
FXNAX
0.99%
1.39%
-0.48%
4.18%
-0.72%
1.26%
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FZIIX vs. FXNAX - Expense Ratio Comparison
FZIIX has a 0.39% expense ratio, which is higher than FXNAX's 0.03% expense ratio.
Risk-Adjusted Performance
FZIIX vs. FXNAX — Risk-Adjusted Performance Rank
FZIIX
FXNAX
FZIIX vs. FXNAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Intermediate Municipal Income Fund Class I (FZIIX) and Fidelity U.S. Bond Index Fund (FXNAX). 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
FZIIX vs. FXNAX - Dividend Comparison
FZIIX's dividend yield for the trailing twelve months is around 2.60%, less than FXNAX's 3.40% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZIIX Fidelity Advisor Intermediate Municipal Income Fund Class I | 2.60% | 2.59% | 2.35% | 1.98% | 1.71% | 2.01% | 2.33% | 2.49% | 2.54% | 2.53% | 2.50% | 2.76% |
FXNAX Fidelity U.S. Bond Index Fund | 3.40% | 3.40% | 2.92% | 2.41% | 1.81% | 2.10% | 2.69% | 2.74% | 2.52% | 2.52% | 2.69% | 2.59% |
Drawdowns
FZIIX vs. FXNAX - Drawdown Comparison
The maximum FZIIX drawdown since its inception was -10.67%, smaller than the maximum FXNAX drawdown of -19.64%. Use the drawdown chart below to compare losses from any high point for FZIIX and FXNAX. For additional features, visit the drawdowns tool.
Volatility
FZIIX vs. FXNAX - Volatility Comparison
The current volatility for Fidelity Advisor Intermediate Municipal Income Fund Class I (FZIIX) is 0.85%, while Fidelity U.S. Bond Index Fund (FXNAX) has a volatility of 1.23%. This indicates that FZIIX experiences smaller price fluctuations and is considered to be less risky than FXNAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.