NEFRX vs. FXNAX
Compare and contrast key facts about Loomis Sayles Core Plus Bond Fund (NEFRX) and Fidelity U.S. Bond Index Fund (FXNAX).
NEFRX is managed by Natixis Funds. It was launched on Nov 7, 1973. FXNAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEFRX or FXNAX.
Key characteristics
| NEFRX | FXNAX | |
|---|---|---|
| YTD Return | 1.84% | 2.51% |
| 1Y Return | 9.38% | 8.95% |
| 3Y Return (Ann) | -2.30% | -2.32% |
| 5Y Return (Ann) | 0.57% | -0.20% |
| 10Y Return (Ann) | 1.66% | 1.38% |
| Sharpe Ratio | 1.31 | 1.29 |
| Sortino Ratio | 1.93 | 1.93 |
| Omega Ratio | 1.23 | 1.23 |
| Calmar Ratio | 0.54 | 0.46 |
| Martin Ratio | 4.94 | 4.38 |
| Ulcer Index | 1.70% | 1.69% |
| Daily Std Dev | 6.38% | 5.88% |
| Max Drawdown | -18.76% | -19.64% |
| Current Drawdown | -7.68% | -9.30% |
Correlation
The correlation between NEFRX and FXNAX is 0.85, 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.
Performance
NEFRX vs. FXNAX - Performance Comparison
In the year-to-date period, NEFRX achieves a 1.84% return, which is significantly lower than FXNAX's 2.51% return. Over the past 10 years, NEFRX has outperformed FXNAX with an annualized return of 1.66%, while FXNAX has yielded a comparatively lower 1.38% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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NEFRX vs. FXNAX - Expense Ratio Comparison
NEFRX has a 0.71% expense ratio, which is higher than FXNAX's 0.03% expense ratio.
Risk-Adjusted Performance
NEFRX vs. FXNAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Loomis Sayles Core Plus Bond Fund (NEFRX) 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
NEFRX vs. FXNAX - Dividend Comparison
NEFRX's dividend yield for the trailing twelve months is around 3.94%, more than FXNAX's 3.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEFRX Loomis Sayles Core Plus Bond Fund | 3.94% | 3.59% | 3.09% | 2.14% | 2.04% | 2.52% | 2.88% | 2.68% | 3.18% | 2.59% | 3.26% | 4.06% |
FXNAX Fidelity U.S. Bond Index Fund | 3.29% | 2.92% | 2.41% | 1.81% | 2.10% | 2.69% | 2.74% | 2.52% | 2.52% | 2.69% | 2.59% | 2.39% |
Drawdowns
NEFRX vs. FXNAX - Drawdown Comparison
The maximum NEFRX drawdown since its inception was -18.76%, roughly equal to the maximum FXNAX drawdown of -19.64%. Use the drawdown chart below to compare losses from any high point for NEFRX and FXNAX. For additional features, visit the drawdowns tool.
Volatility
NEFRX vs. FXNAX - Volatility Comparison
Loomis Sayles Core Plus Bond Fund (NEFRX) has a higher volatility of 1.74% compared to Fidelity U.S. Bond Index Fund (FXNAX) at 1.63%. This indicates that NEFRX's price experiences larger fluctuations and is considered to be riskier than FXNAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.